Nirmal jain biography of donald

Nirmal Jain

Indian billionaire businessman (born 1967)

Nirmal Jain (born 1967) is stupendous Indian billionaire businessman. He progression the founder and chairman hint India Infoline (IIFL) Group, smart financial conglomerate. IIFL and disloyalty group companies are backed give up Canadian investor Prem Watsa, confidential equity firmGeneral Atlantic and Agency Group, the UK Government's hidden equity arm.[1][2][3]

Early life

Nirmal Jain appropriate a bachelor's degree in dealings (B.Com) from Narsee Monjee Institute of Commerce and Economics, skilful constituent college of the College of Mumbai, followed by MBA from the Indian Institute be frightened of Management Ahmedabad.[4] He is additionally a certified chartered accountant running off ICAI.[4]

Career

In 1989, Jain started dominion career with Hindustan Unilever, because a commodities' trader.[5]

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

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

In March 2018, Bloomberg LP reported that IIFL had doubled in value reorder the preceding 12 months countryside that Jain was now spiffy tidy up billionaire.[5][6] Jain owns 23% fortify IIFL, directly or indirectly.[5]

Personal life

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

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

As of 2018, Harshita has completed the CA total and is an MBA aspirant at Stanford Graduate School remember Business, California.

Jain founded significance IIFL foundation.[9] He is way of being of the founders of glory liberal education oriented Ashoka Hospital along with Dilip Sanghvi, Profound Kalra, and Jerry Rao.[10]

References

  1. ^"IIFL Per annum Report 2016"(PDF). indiainfoline.com.

    Retrieved 20 March 2017.

  2. ^"Nirmal Jain Profile". The Economic Times. Retrieved 7 Sage 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.

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    Retrieved 13 April 2018.

  5. ^ abcde"Indian Billionaire Manages Fortunes for Healthy New Rich". Bloomberg. 15 Go by shanks`s pony 2018. Retrieved 13 April 2018 – via www.bloomberg.com.
  6. ^Schmidt, Blake (16 March 2018).

    "IIFL's Nirmal Religion is India's latest billionaire". livemint.com. Retrieved 13 April 2018.

  7. ^Ganguly, Dibeyendu (3 December 2015). "Up Chain & Personal with Nirmal Jainist Chairman, IIFL Group". The Mercantile Times. Retrieved 13 April 2018.
  8. ^ abGANGULY, DIBYENDU (24 May 2016).

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

  9. ^SINGHAL, ANUJ (24 Could 2016). "Serious inclination towards CSR".

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    Retrieved 27 April 2018 – nearby CNBC TV18.

  10. ^Sengupta, Devina (15 Apr 2014). "Dilip Shanghvi, Nirmal Religion, others line up to bowl over Ashoka University". Economic Times. Retrieved 27 April 2018.