Home » 2017 » December » 13

IIFL Holdings today reported a 25 percent rise in consolidated net profit at 229.1 crore for quarter-ended September 30, this fiscal.

The company’s net profit stood at Rs 183.1 crore, during July-September quarter of 2016-17.

IIFL‘s income surged nearly 42 percent to Rs 944.4 crore in the second quarter of 2017-18 from Rs 666.4 crore in the same period year-ago.

“Our loans and mortgages business strategy of focusing on retail lending and digital delivery, makes it largely immune from banks’ competition. Wealth and asset management continues to grow on the back of innovative products with customer centricity,” he added.

The company‘s total assets under management, distribution ... Read more »

Category: Finance | Views: 118 | Added by: lokeshkola | Date: 12.13.2017 | Comments (0)

As odd as it might sound, my brother (Ravi) and I knew that we wanted to get into the world of trading from a very young age. I grew up in the West (France, Canada, and the USA), and in the West one thing they do very well is cultivate the idea of thinking differently from an early age.

When I was 15 or so, my economics teacher had a stock picking challenge for the class. Each student had a small amount of fake money to purchase stocks with. At the end of the year, the student with the highest returns would get a guaranteed top rank. Realising that the chance of winning was going to be very difficult, I knew I had to think outside the box. While everybody else purchased conventional stocks, I purchased penny stocks. I knew that the only way I could possibly win was to do something different. And as it turns out, I won the competition (although I would never advise anybody to purchase penny stocks!). The lesson was that there was ... Read more »

Category: Finance | Views: 102 | Added by: lokeshkola | Date: 12.13.2017 | Comments (0)

Mahindra Thar Price in India

 

Mahindra Thar CRDe is the top end trim in its lineup. Now, it is available with updated exteriors as well as interiors. The list of updated features include plastic cladding over the wheel arches, metal based front bumper, bigger foot rest, new headlamps, a new dual-tone color scheme for cabin, brand new dashboard with a slot for 2 DIN audio system, silver ... Read more »

Category: Car & Bike | Views: 143 | Added by: lokeshkola | Date: 12.13.2017 | Comments (0)

Maruti Suzuki S-Cross Price in India

 

Maruti Suzuki India Limited has launched the all new S-Cross in India and has priced it at Rs 8.49 lakh (ex-showroom Delhi). The S-Cross facelift will be available in four variants- Sigma, Delta, Zeta and Alpha and it comes with a reworked body styling and some new features making it a better offering than before. Maruti Suzuki has worked ... Read more »

Category: Car & Bike | Views: 118 | Added by: lokeshkola | Date: 12.13.2017 | Comments (0)

Audi A4 Price in India

 

The success of Audi cars in India has seen the launch of new sedans meeting the customer desires of luxury and power at amazing costs. The Audi A4 series has been a tremendous success among the lot. The latest edition of Audi A4 is loaded with superior technology equipment, and the interior luxury and comfort have been taken to the next level.

The innovative architecture of the interiors with high ... Read more »

Category: Car & Bike | Views: 139 | Added by: lokeshkola | Date: 12.13.2017 | Comments (0)

Land Rover Range Rover Price in India

 

Range Rover is a product of the British Car manufacturer company Land Rover. This is considered to be one of the early models of the SUV i.e. Sports Utility Vehicle. The history of Land Rover moves back to the 1947 when it started the journey. But the specific introduction of Range Rover took place in the year of 1970. During the early days, it was not ... Read more »

Category: Car & Bike | Views: 127 | Added by: lokeshkola | Date: 12.13.2017 | Comments (0)