Page 3 - Iifl

IIFL Securities pays over Rs 2 cr to settle case with Sebi

It was alleged that IIFL Wealth Management Ltd and IIFL Securities Ltd knowingly manipulated the reference price of Alkem Laboratories for a block deal

Vodafone Idea unlikely to convert interest on govt dues to equity: IIFL

The telecom company has to take a call on the issue by Wednesday

Fairfax affiliate sells IIFL Finance shares worth Rs 313 crore

Before this, the fund offloaded IIFL Finance's shares worth Rs 365 crore, while Smallcap had purchased shares worth Rs 300 crore on December 1

Prem Watsa-backed Fairfax Group sells IIFL Finance shares worth Rs 180 cr

Canadian billionaire Prem Watsa-backed Fairfax Group on Wednesday offloaded IIFL Finance shares worth over Rs 180 crore through an open market transaction

Prem Watsa-backed Fairfax sells 3.2% stake in IIFL Finance for Rs 365 crore

The scrip of IIFL Finance settled at Rs 316.25 on the BSE, up 2.36 per cent from the previous close

IIFL Finance reports 37% rise in second quarter profit at Rs 291.6 cr

The non-banking finance company said it has made an aggressive bet on growth, with an almost 15 per cent net increase in manpower strength in the last quarter

IIFL Finance bonds issue to close early on October 8 due to strong demand

IIFL Finance will use the capital for business growth and capital augmentation

Vahdam raises Rs 174 cr from IIFL AMC, Kris Gopalkrishnan's family office

The company, which sells teas, spices and superfoods to the US, Canada and Europe, has raised a total of over Rs 290 crore so far

Upgrad in unicorn club with $1.2 bn valuation as IIFL on-boards with $25 mn

Online education platform Upgrad has raised its third external funding of $25 million from the IIFL Group, helping the re/up-skilling company join the unicorn club with a valuation of $1.2 billion

Stocks to watch: Maruti Suzuki, Nestle, IndiGo, IIFL Finance, IndusInd Bank

IndiGo posted its highest ever quarterly loss of Rs 3,174.17 crore during the April-June period

IIFL Securities Q1 PAT surges 66% to Rs 69 cr; total income up 50%

IIFL Securities on Thursday reported a 66 per cent jump in profit after tax (PAT) to Rs 68.9 crore for the three months ended June 2021. In comparison, the firm had posted a PAT of Rs 41.5 crore in the same quarter of the preceding fiscal, IIFL Securities said in a statement. Total income climbed 50 per cent to Rs 268.1 crore in the quarter under review from Rs 178.3 crore in the three months ended June 2020. The company's assets under management stood at Rs 55,141 crore in the first quarter of the ongoing fiscal, an increase of 88 per cent from the year-ago period. "We continue to make investment in technology to service retail customers better. Retail broking is seeing good traction. "We are also partnering with many fintech players to offer their services to our clients for trading and a wholesome investment experience," the company's Managing Director R Venkataraman said. IIFL Securities is a key player in both retail and institutional segments of the capital market.

IIFL Home Finance to raise up to Rs 1,000 crore through bond issue

The tranche 1 issue includes a base issue size of Rs 100 crore and a greenshoe option of Rs 900 crore aggregating up to Rs 1,000 crore.

Led by US, global markets should see happy FY22: IIFL's R Venkataraman

EPS growth is likely to be largely reflected in market returns, hence expect 10-12 per cent broad returns in the current financial year, says IIFL Securities chairman

JB Chemicals: New launches, market share gains to drive growth

Key chronic segments have helped the JB Chemicals outperform the Indian pharma market.

IIFL Finance to open public issue of bonds next week to raise Rs 1,000 cr

The firm said it will launch a public issue of bonds next week to raise up to Rs 1,000 crore to augment its capital base

IIFL Finance raises Rs 100 crore through non-convertible debentures

The firm it has raised the funds through issuance of non-convertible debentures (NCDs) on private placement basis

Manappuram Finance manager held in Rs 20 cr robbery at IIFL branch: Police

The manager of a branch of Manappuram Finance Ltd has been detained in connection with the robbery of gold and valuables, worth around Rs 20 crore, from a branch of IIFL in Cuttack

Market valuations have become demanding: IIFL Securities MD R Venkataraman

R VENKATARAMAN, managing director at IIFL Securities, tells Puneet Wadhwa in an interview that small-caps could outperform their large-cap peers due to a risk-on rally

Hurun India Rich list 2020: Mukesh Ambani tops for 9th consecutive year

India's business tycoon Mukesh Ambani continues to top the IIFL Wealth Hurun India Rich list 2020 for the ninth consecutive year with a total wealth of Rs 6,58,400 crore

Moody's downgrades IIFL Finance's secured debt, changes outlook to stable

Agency says rising Delinquencies, defaults to hit profitability