Page 2 - Iifl Wealth Management

Biological E's Mahima Datla richest woman in AP, Telangana: Report

With a wealth of Rs 8,700 crore, Mahima Datla and family, promoter of Biological E Ltd is the richest woman in Andhra Pradesh and Telangana to feature in the IIFL Wealth Hurun India Rich List 2022. She is in the 10th position when it comes to overall list of both the states. Krishna Ella, chairman and managing drector of Bharat Biotech International Limited and his family for the first time figured in the list with Rs 4,700 crore wealth in 18th position. Gautam Adani and family stood first in the chart of all India with Rs 10,94,400 crore wealth followed by Mukesh Ambani & family with Rs 7,94,700 crore and Cyrus S Poonawalla and family (Serum Institute of India) with Rs 2,05,400 crore. Hurun Report India and IIFL Wealth unveiled the 2022 edition of 'IIFL Wealth Hurun India Rich List 2022' - a compilation of the richest individuals in India having a wealth of Rs 1,000 crore or more on Wednesday. Murali Divi and family promoters of Divi's Laboratories was on the top of th

12 Indians have a net worth of more than Rs 1 trillion, shows a new report

The IIFL Wealth Hurun India Rich List 2022 showed that 100 start-up founders in India have a net worth of more than $10 billion

Breach of cross-holding norms: Fairfax seeks consent settlement with Sebi

Canadian billionaire Prem Watsa's firm holds over 10% stake in two AMCs

IIFL Wealth Management pays over Rs 3 crore to settle case with Sebi

The company was alleged to have violated stock brokers' regulation as well as PFUTP (Prohibition of Fraudulent and Unfair Trade Practices) regulations

CCI approves BC Asia Investments' acquisition in IIFL Wealth Management

Competition Commission of India on Tuesday approved the acquisition of the stake in IIFL Wealth Management (IIFLWM) by BC Asia Investments X Ltd. The proposed combination involves the acquisition of up to 24.98 per cent shareholding of IIFLWM by BC Asia Investments X Limited, a notice issued by the anti-trust regulator said. BC Asia Investments X Ltd is indirectly held by Bain Capital Investors LLC (Bain Private Equity), Bain Capital Credit Member LLC and Bain Capital Member II (together Bain Credit) and the Canadian Pension Plan Investment Board (CPPIB). In a tweet on Tuesday, Competition Commission of India (CCI) said it has approved the "acquisition of up to 24.98 per cent shareholding in IIFLWM by BC Asia". IIFL Wealth Management Ltd is a wealth management subsidiary of IIFL Holdings Ltd. Bain Private Equity is a private equity firm that invests in companies across many industries. As per a separate notice, the fair trade regulator has cleared the transaction involving the sa

Bain Capital-backed $44 billion wealth manager is bullish on India REITs

IIFL Wealth Management Ltd. is recommending its clients allocate as much as 10% to the hybrid investments, co-founder and joint Chief Executive Officer Yatin Shah said

WF Asian Reconnaissance offloads 698,000 IIFL Wealth shares worth Rs 119 cr

This took the total deal value to Rs 119.79 crore. However, buyers of the shares could not be ascertained immediately

Bain Capital buys 24.98% stake in IIFL Wealth for nearly Rs 3,700 cr

General Atlantic and billionaire Prem Watsa's company will divest their holdings.

Fairfax Financial Holdings weighs selling stake in IIFL Wealth Management

IIFL Wealth shares fell 1.2% on Monday, giving the company a market value of around $1.7 billion.

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

Nifty outlook and stock ideas by Sameet Chavan: Buy Marico, Sell Bajaj Fin

As of now, clearly bulls are having a firm grip on the market but as we have been mentioning since a week or so, they would find a bit difficult now going ahead

ICICI Pru, IIFL Wealth: Trading strategies for buzzing stocks of the day

IIFL Wealth Management is heading towards a new all time high, as per charts

IIFL Wealth up 14% on strong Q1 results, dividend bounty of Rs 35 per share

The beat on profitability was driven by a beat on net revenues owing to both annual recurring revenue and transactional/brokerage revenue, better operating efficiency, and a lower tax rate.

Most mid, small-caps still trading below fair value: Umang Papneja

The equity markets rallied sharply after the unprecedented stimulus of the central bank earlier this year.

Piramal ties up with IIFL to launch Rs 2000-crore AIF for realty projects

With this, Piramal would also be facilitating external capital (on a fund or co-investment basis) alongside its lending business

IIFL Wealth Management makes strong debut; shares hit upper trading limit

The listing of IIFL Wealth follows its demerger from parent IIFL Finance with IIFL Securities, with the latter set to list on Friday

IIFL Wealth hits 5% upper circuit; IIFL Securities to make debut tomorrow

The board of directors of IIFL Finance at its meeting held in January 2018 had approved the reorganization of IIFL Group.

IIFL Wealth Management buys Wealth Advisors to boost South India footprint

Wealth Advisors has a presence in Chennai, Bengaluru, Coimbatore, Mumbai and Pune