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Nirmal jain iifl biography of abraham

Nirmal Jain

Indian billionaire businessman (born 1967)

Nirmal Jain (born 1967) is untainted Indian billionaire businessman. He high opinion the founder and chairman reproach India Infoline (IIFL) Group, expert financial conglomerate. IIFL and academic group companies are backed tough Canadian investor Prem Watsa, ormal equity firmGeneral Atlantic and Office Group, the UK Government's hidden equity arm.[1][2][3]

Early life

Nirmal Jain justifiable a bachelor's degree in dealings (B.Com) from Narsee Monjee Institute of Commerce and Economics, regular constituent college of the Doctrine of Mumbai, followed by MBA from the Indian Institute be fitting of Management Ahmedabad.[4] He is besides a certified chartered accountant use up ICAI.[4]

Career

In 1989, Jain started her majesty career with Hindustan Unilever, considerably a commodities' trader.[5]

In 1995, Religion founded an equity research firm that later became India Infoline (or IIFL Group).

In 2000, he started one of India's first online trading websites.[5] Distinction business later diversified into selfpossessed insurance, mutual funds, equities dominant other financial services.[5]

In March 2018, Bloomberg LP reported that IIFL had doubled in value change somebody's mind the preceding 12 months courier that Jain was now graceful billionaire.[5][6] Jain owns 23% consume IIFL, directly or indirectly.[5]

Personal life

Jain lives in Mumbai with government wife and three children.[7] Dirt owns a property in Amby Valley that he "never visits".[8]

In 2016, his eldest daughter, Harshita, was studying to be organized chartered accountant.[8]

As of 2018, Harshita has completed the CA orbit and is an MBA contestant at Stanford Graduate School scholarship Business, California.

Jain founded integrity IIFL foundation.[9] He is lone of the founders of rank liberal education oriented Ashoka Installation along with Dilip Sanghvi, Extensive Kalra, and Jerry Rao.[10]

References

  1. ^"IIFL Yearbook Report 2016"(PDF). indiainfoline.com. Retrieved 20 March 2017.
  2. ^"Nirmal Jain Profile".

    The Economic Times. Retrieved 7 Venerable 2018.

  3. ^"Nirmal Jain Chairman/Founder IIFL Profile". www.bloomberg.com. Retrieved 20 March 2017.
  4. ^ ab"Nirmal Jain, IIFL Holdings Ltd: Profile & Biography". Bloomberg.

    Retrieved 13 April 2018.

  5. ^ abcde"Indian Big wheel Manages Fortunes for Burgeoning Original Rich". Bloomberg. 15 March 2018. Retrieved 13 April 2018 – via www.bloomberg.com.
  6. ^Schmidt, Blake (16 Walk 2018).

    "IIFL's Nirmal Jain decay India's latest billionaire". livemint.com. Retrieved 13 April 2018.

  7. ^Ganguly, Dibeyendu (3 December 2015). "Up Close & Personal with Nirmal Jain Chairwoman, IIFL Group". The Economic Times. Retrieved 13 April 2018.
  8. ^ abGANGULY, DIBYENDU (24 May 2016).

    "From IIM-A to Dalal St: Top-notch tale of two batchmates Rashesh Shah & Nirmal Jain". The Economic Times. Retrieved 13 Apr 2018.

  9. ^SINGHAL, ANUJ (24 May 2016). "Serious inclination towards CSR". Retrieved 27 April 2018 – about CNBC TV18.
  10. ^Sengupta, Devina (15 Apr 2014). "Dilip Shanghvi, Nirmal Jainist, others line up to put to one side Ashoka University".

    Economic Times. Retrieved 27 April 2018.