Page 8 - Iifl

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

'Kutumb': IIFL announces launch of next phase of green affordable housing

IIFL Home Finance on Thursday announced the launch of the sixth edition of 'Kutumb' initiative that focuses on promoting "green affordable housing"

IIFL Finance raises Rs 100 crore through NCDs on private placement basis

IIFL Finance said the NCDs will be listed on the National Stock Exchange

JioMart likely to clock Rs 4,000-crore in yearly sales: IIFL Securities

While RIL Chairman Mukesh Ambani had said during the company's annual general meeting last month that orders per day were 250,000, according to IIFL, the figure is now 400,000

IIFL Securities Q1 PAT drops 67% to Rs 41.5 cr; total income down 4%

Total income stood at Rs 178.3 crore for the quarter under review, down 4 per cent from Rs 185 crore reported in the April-June period of 2019-20

Sobering reality, negative sentiment: Analysts' view of Moody's downgrade

Here's how leading analysts have interpreted the development and its likely impact on the markets.

We don't see a lot of upside in equities from current levels: Venkataraman

While we await full details and the implementation of the announcements, some of the policy steps to improve funding access to non-banking financial companies (NBFCs) are positive