IIFL wins 'Best Equity Broker of the Year' Award

IIFL has been awarded the ‘Best Equity Broker of the Year’ at the recently held Bloomberg UTV Financial Leadership Awards, 2011. The award was presented by the Hon’ble Finance Minister of India, Shri Pranab Mukherjee at the function held on Saturday, March 26, 2011. The Bloomberg UTV Financial Leadership Awards acknowledge the extraordinary contribution of India’s financial leaders and visionaries for the period from January 2010 to January 2011. IIFL was selected by an eminent jury on the basis of a detailed methodology, process validation and research conducted by ICRA.

Speaking on the occasion, Mr Nirmal Jain, Chairman, IIFL Group said, “This award is recognition of team IIFL’s 15,000 people who put in a tremendous effort to service customers with the best of our research and technology while maintaining the highest standards of integrity. This is also an inspiration for all of us at IIFL to continue to scale newer heights in the days to come.”

The IIFL Group is one of the leading players in the Indian financial services space. IIFL offers advice and execution platform for the entire range of financial services covering products ranging from Equities and derivatives, Commodities, Wealth management, Asset management, Insurance, Fixed deposits, Loans, Investment Banking, GoI bonds and other small savings instruments. It owns and manages the website, www.indiainfoline.com, which is one of India’s leading online destinations for personal finance, stock markets, economy and business.

About the IIFL Group 
The India Infoline (IIFL) group, comprising the holding company, India Infoline Ltd (NSE: INDIAINFO, BSE: 532636, Bloomberg: IIFL) and its subsidiaries, is one of the leading players in the Indian financial services space. IIFL offers advice and execution platform for the entire range of financial services covering products ranging from Equities and derivatives, Commodities, Wealth management, Asset management, Insurance, Fixed deposits, Loans, Investment Banking, GoI bonds and other small savings instruments. It owns and manages the website, www.indiainfoline.com, which is one of India’s leading online destinations for personal finance, stock markets, economy and business.

IIFL has been awarded the ‘Best Broker, India’ by FinanceAsia and the ‘Most improved brokerage, India’ in the AsiaMoney polls. IIFL was also adjudged as ‘‘Fastest Growing Equity Broking House - Large firms’ by Dun & Bradstreet. A forerunner in the field of equity research, IIFL’s research is acknowledged by none other than Forbes as ‘Best of the Web’ and ‘…a must read for investors in Asia’. IIFL’s research is available not just over the Internet but also on international wire services like Bloomberg, Thomson First Call and Internet Securities where it is amongst one of the most read Indian brokers.

A network of over 3,000 business locations spread over more than 500 cities and towns across India facilitates the smooth acquisition and servicing of a large customer base. All our offices are connected with the corporate office in Mumbai with cutting edge networking technology. The group caters to a customer base of about a million customers, over a variety of mediums viz. online, over the phone and at our branches.

IIFL refers to India Infoline Ltd and its group companies.