India's IIFL group companies fall on report of income tax search

360 One Wam

28/01/2025 04:56

** IIFL Finance  IIFL.NS  down 6.2%, IIFL Capital  IIFS.NS 
down 4.5% and 360 One Wam  ONEW.NS  down 7.5%
    ** The drop in the IIFL group companies comes as India's
income tax dept conducts searches at IIFL offices in Mumbai, ET
Now reports
    ** IIFL did not immediately respond to Reuters request
seeking comments
    ** IIFL Finance down ~19% in Jan, IIFS down ~ 33% and ONEW
down 21%

 (Reporting by Sethuraman NR in Bengaluru)
 ((Sethuraman.NR@thomsonreuters.com; (+91 9945291420); Reuters
Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))