Venkataraman said Fairfax's Rs 2,000 crore investment will strengthen IIFL Capital's balance sheet and support expansion across wealth management and capital markets businesses
Fairfax India Holdings Corporation, through its wholly owned subsidiary FIH Mauritius Investments Ltd, will increase its shareholding in IIFL Capital Services to a minimum of 51 per cent
Fairfax India currently holds a 30.5 per cent stake in the company
₹1/GB data tax could fetch ₹30,000 crore but raise mobile bills by up to 20%, says IIFL; proposal may face pushback over regressive impact
IIFL Capital Services share price tumbled in Wednesday's session as the company reported a decline in the net profit for the October-December quarter (Q3FY26)