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IIFL Securities spurts after Q4 PAT soars 107% YoY

Read more about IIFL Securities spurts after Q4 PAT soars 107% YoY on Business Standard. IIFL Securities jumped 4.01% to Rs 57.10 after the company reported 107.5% increase in consolidated net profit to Rs 77.31 crore in Q4 FY21 compared with Rs 37.25 crore in Q4 FY20. ....

Capital Market , India Infoline , Service Companies , Usiness Support Supplies Nec , Brokerage Services , Iifl Securities , R Venkataraman , Dvisory And Broking Services , Investment Banking Transactions , Investment Banking Services , Managing Director , மூலதனம் சந்தை , இந்தியா இந்பொலினே ,

Charges of fake invoices, round-tripping: how IIFL books came under corporate affairs ministry's lens


Charges of fake invoices, round-tripping: how IIFL books came under corporate affairs ministry’s lens

Synopsis
India Infoline Finance Limited, part of the IIFL group, has been accused by a Noida-based realtor of serious misconduct and unfair trade practices involving an INR1,000 crore project. After examining the complaint, MCA has ordered an inspection of the books of the company. IIFL strongly denies any wrongdoing or any such inspection being ordered. What’s brewing?
A stalled real-estate project worth INR1,000 crore, two former allies constantly at each other’s throats, two realtors going belly-up, and books of a leading financial-services conglomerate put under the lens this plot has everything of a corporate hubbub.It all started around 2016-17 when realty firms – Baya Weaver Limited and Alisa Infratech Private Limited – kicked off an ambitious project to build a shopping mall, a 4-star hotel, and ....

Alisa Infratech Private , Baya Weaver , Baya Weaver Limited , Alisa Infratech Private Limited , Iifl Group , Amit Mavi , India Infoline , Alisa Infratech , பயா நெசவாளர் , அமித் மாவி , இந்தியா இந்பொலினே ,

Spandana Sphoorty raises Rs 120 cr via NCDs


Spandana Sphoorty Financial has allotted 12,000 non-convertible debentures (NCDs) worth Rs 120 crore to IIFL Income Opportunities Fund - Series 2.The management committee of the board of directors of the company at its meeting held 26 February 2021 has approved and allotted 12,000 secured, rated, listed, redeemable, non-convertible debentures of face value of Rs 1,00,000 each, at par, on a private placement basis to IIFL Income Opportunities Fund - Series 2, in demat form, in consideration of an aggregate amount of Rs 120 crore.
The interest rate on the instrument is 12.50% per annum payable monthly. The tenure of the instrument is 36 months. The date of allotment is 26 February 2021 and the date of maturity is 26 February 2024. ....

Spandana Sphoorty , Income Opportunities Fund , Spandana Sphoorty Financial , Opportunities Fund , Sphoorty Financial , Capital Market , Mo Ney , India Infoline , Iifl Wealth , Iifl Income Opportunities Fund , Non Banking Financial , Microfinance Institution , ஸ்பந்தன ஸ்பூர்தி , வருமானம் வாய்ப்புகள் நிதி , ஸ்பந்தன ஸ்பூர்தி நிதி , வாய்ப்புகள் நிதி , ஸ்பூர்தி நிதி , மூலதனம் சந்தை , இந்தியா இந்பொலினே , ீய்ப்ல் செல்வம் , ீய்ப்ல் வருமானம் வாய்ப்புகள் நிதி , அல்லாத வங்கி நிதி , நுண்நிதி நிறுவனம் ,