By clicking 'Accept' on this banner or by using this website, you consent to the use of cookies unless you have disabled them. The company launched features like streaming market quotes, very minimal delay, instant order confirmation, charts, technical tools, ease of use and all features to be used with a click with minimal requirement of the mouse. Nirmal Jain, Chairman of India Infoline says his strategy is to go where others are not so keen. Join Facebook to connect with Nirmal Jain and others you may know. Nirmal Jain (born 1967) is an Indian billionaire businessman. There are many claimants with respect to revolution of Indian online retain broking, but except for Nirmal Jain, none can take the credit of it.The leadership of Nirmal Jain has transformed what it has started as a boutique research firm into an emerging multi-product financial conglomerate covering a wide range of aspects from broking to insurance to private equity, without missing the main track of equity research. Our motto is to bring out the most practical and creative idea out of the student while honing their skills in the best possible manner.Article on Entrepreneurial Success Story of Mr.Nirmal Jain (Alumni of Narsee Monjee College of Commerce & Economics) Nirmal Jain, chairman of IIFL, spoke to CNBC-TV18 about the company's liquidity situation and shared his views on the non-banking financial company (NBFC) space. Another big moment was when Nirmal was successfully able to get on board a high-quality institutional team from a leading global brokerage. He is the founder and chairman of India Infoline (IIFL) Group, a financial conglomerates. Nirmal Jain (born 1967) is an Indian billionaire businessman. The future strategic vision of Nirmal Jain is to look out for much bigger opportunities which are considered as a combined impact of the GDP and growth acceleration. Nirmal Jain has hit the jackpot serving the new rich in the world’s fastest-growing major economy. If you do not consent, do not use this website. Their NBFC and lending business accounts for 71% of their consolidated income in FY14 and has a diversified product portfolio rather than remaining a mono-line NBFC. On the recommendation of the Board of Directors, Nirmal Jain, Executive Chairman, has been named as the CEO to supervise the management and affair of the Company. The profits for the year 2018 have almost increased by 32 percent, which are mainly fueled by the increased growth of wealth management unit.The visionary direction of Nirmal Jain has resulted in IIFL having a market capitalization of about 21,000 crore rupees which is being supported by some of the global investors such as Fairfax Group, General Atlantic and CDC Group of UK government. IIFL and its group companies are backed by Canadian investor Prem Watsa, private equity firm General Atlantic and CDC Group, the UK Government's private equity arm.
Nirmal Jain opines that when the core business possess a great potential, the requirement for looking out for diversification options does not arise. He is the founder and chairman of India Infoline (IIFL) Group, a financial conglomerates. It is almost 1,100 branches covering all the small towns catering to remote and rural locations as well. How Nirmal Jain hit jackpot and became a billionaire Published on July 21, 2018 July 21, 2018 • 156 Likes • 0 Comments An Indian billionaire businessman Nirmal Jain is the founder and chairman of India Infoline Group, which works as a financial conglomerate. Later the business expanded into providing some of the financial services such as Mutual funds, insurance services, equity services and other financial services. After successfully completing his post-graduation, he worked with Hindustan Lever Ltd (now Hindustan Unilever) for five years. Its website www.indiainfoline has become one of the most popular websites and was recommended as a ‘must read’ by Forbes.
He further expanded the group with institutional business, non-banking finance company, wealth management, asset management company and financial products distribution among others.IIFL Holdings Limited (formerly known as India Infoline Limited) is the apex holding company of the entire IIFL Group, which is a leading financial services company in India, promoted by Nirmal and his partner Mr. Venkat.
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