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CerraCap Ventures, a leading early stage technology venture capital firm, today announced a strategic investment of an undisclosed amount from a unit of IIFL Wealth Management Limited (IIFL Wealth), in CerraCap Ventures Fund II. Saurabh Ranjan, Managing Partner CerraCap Ventures, said, "We are honored to have IIFL Wealth as part of our distinguished list of Limited Partners and look forward to a strategic relationship with them."…

Authored article by Anirudha Taparia, Executive Director, IIFL Wealth The outcome of the 2019 general elections marked the end…

Wealthy Indian investors are increasingly looking at opportunities to get involved in startup companies. And they have started…

With the GDP growth hitting a 20-quarter low at 5.8 per cent in 4QFY19, apart from multi-decade high joblessness, distressed…

As India, the world’s largest democracy, enters the final phase of a historic election, business leaders and family office…

When Indian stocks were rallying this March-April to hit new peaks, the country’s high net-worth individuals, or HNIs, were…

India’s IIFL Wealth Management has seen some 50% of its clients on its IIFL-ONE platform choose discretionary portfolio…

By Yatin Shah, Co-Founder, Executive Director, IIFL Investment Managers It Is often said that where one road ends, another…

By Umang Papneja, Senior Managing Partner and CIO, IIFL Wealth Management There is more to the equity markets than what meets…

Amid a hiring landscape characterised by brow-raising mass hires and team moves, India’s IIFL Wealth Management has seen its…

By Vinay Ahuja, Senior Managing Partner, IIFL Wealth There is a significant change in the way the new generation of wealthy view…

By Shaji Kumar Devakar, Managing Partner, IIFL Wealth In the current maelstrom of political uncertainty, trade-war fears and…

The delivery was given by Indu Corporation, through IIFL Wealth Management, while the buyer was Phoenix Industries. Multi Commodity Exchange of India Ltd. (MCX) on Tuesday made the first-ever delivery of its aluminium futures contract. A successful pay-in and pay-out of the contract concluded today for a quantity of 10 MT (2 lots). The contract was settled with no delivery defaults. The delivery was given by Indu Corporation Ltd.,…

Multi Commodity Exchange executed delivery of 10 tonnes (2 lots) of aluminium under the first compulsory delivery futures contract on Tuesday. The delivery was given by Indu Corporation, through IIFL Wealth Management, while the buyer was Phoenix Industries via Motilal Oswal Financial Services. The LME-approved 99.97 per cent purity ingot was delivered at the MCX approved warehouse at Bhiwandi, Thane district. The delivery was…

Multi Commodity Exchange of India Ltd. (MCX), exchange in the commodity derivatives segment, crossed another milestone with the first-ever delivery of its Aluminium futures contract. A successful pay-in and pay-out of the contract concluded on Tuesday for a quantity of 10 MT (2 lots). The contract was settled with no delivery defaults. The delivery was given by Indu Corporation Ltd., through IIFL Wealth Management ltd, while the buyer…

As wealth continues to grow in the country, investors have started to look at new shores to support their growth trajectory. This…

By Anirban Banerjee, Senior Partner, Human Resources at IIFL Wealth The wealth management industry in India has grown…

India’s first Real Estate Investment Trust (REIT), Embassy Office Parks REIT, will open its initial public offering (IPO) on Monday and will close on March 20. At a price band of Rs.299 to Rs.300, Embassy REIT will issue units aggregating up to Rs.4,750 crore.  To invest, you need to bid for a minimum of 800 units and in multiples of 400 units. The units of the Embassy REIT are proposed to be listed on the National Stock Exchange…

By Umang Papneja, Senior Managing Partner and Chief Investment Officer, IIFL Investment Managers It is imperative to be…

The National Company Law Tribunal (NCLT) has approved the proposed demerger of Fairfax-backed IIFL Group, which paves the way for listing of three entities — IIFL Finance, IIFL Wealth and IIFL Securities on the bourses within 60 days. As per the arrangement, for every seven shares of IIFL Holdings — the listed company — a shareholder will get seven shares each of IIFL Finance and IIFL Securities, and one share of IIFL Wealth. As per…

For the last two decades, India saw a lot of women grabbing the top financial jobs. But, after Arundhati Bhattacharya, Vani Kola…

As India continues to create wealth, retail investors have started looking at option beyond mutual funds, real estate, equities,…

By Umang Papneja, Senior Managing Partner, IIFL Investment Managers The simple answer to “When to invest?” is “Now”. However,…

By Sandeep Jethwani, Partner and Head of Advisory at IIFL Investment Managers One of the best ways by which the industry…

By Anirudha Taparia, Executive Director, IIFL Investment Managers This guidance can come from wealth managers who not only…

By Vinay Ahuja, Senior Managing Partner, IIFL Wealth Management Defined benchmark returns, capital protection, known maturity…

Drugmaker Mankind Pharma Ltd, ed-tech venture Byju's, homegrown private equity firm ChrysCapital and global alternative asset…

By Anirudha Taparia, Executive Director, IIFL Wealth The year 2018 was volatile and replete with political as well as…

At TiECon 2019, investors focused on what makes a company with 'unicorn' potential stand out from the crowd, and the traits a…

Umang Papneja, Senior Managing Partner, IIFL Investment Managers   The Budget is aimed at benefitting the salaried class…

India’s leading private banks are adapting to a rapidly shifting landscape, as vast amounts of new wealth are created in new…

India is expected to be on brink of a quantum leap in wealth generation with the number of wealthy Indians and their affluence…

Pleasing a nation of 1.3 billion people is an unenviable task. Yet, when the finance minister unveils his last budget of the…

A handful of wealth managers beat the benchmarks even as small and mid-cap rout dragged India’s top portfolio management firms into losses in 2018. DMZ Partners Investment Management Ltd., Multi-Act Equity Consultancy Pvt. Ltd. and IIFL Wealth Management Ltd. were among the managers which returned gains more than the Sensex and Nifty last year. While the strategies they followed were disparate, the focus on quality was the common…

India’s wealthiest people on average employ two wealth managers and their primary criteria for choosing them are a compelling…

Wealthy or high net-worth individuals (HNIs) are doing a rethink on their real estate exposure and actively looking at reducing…

Though the wealthy are positive about the future of the economy, there’s a lot of domestic as well as international political…

It is not just retail investors who put their hard earned money in mutual funds, HNIs or high net worth individuals also prefer…

Umang Papneja, Senior Managing Partner, IIFL Investment Managers Certain sectors could see an earnings turnaround, leading to…

By Sandeep Jethwani, Managing Partner, Head - Advisory, IIFL Investment Managers In the rapidly evolving wealth management…

Pleasing a nation of 1.3 billion people is an unenviable task. Yet, when the finance minister unveils his last budget of the…