India Infoline awarded ‘Best Broker’ in India by FinanceAsia

Mumbai, Maharashtra, India, Wednesday, June 25, 2008 -- (Business Wire India)

India Infoline has been awarded the ‘Best Broker in India’ by Finance Asia. This was a result of FinanceAsia’s annual look at the best financial services firms in each country around Asia for the period from June 2007 to May 2008.

India Infoline is a pioneer in online stock broking in India. The company caters to over 800,000 customers across a network of 758 business locations in 346 cities and towns.

A forerunner in the field of equity research, India Infoline’s research is acknowledged by none other than Forbes as ‘Best of the Web’ and ‘…a must read for investors in Asia’. Thematic research in addition to company specific research has been the strength of India Infoline. For instance, in March 2008, we published Inside India, a compilation of maps and articles—snapshots of a number of facets of India, including the political setup in each of the 28 states; transport networks; tourist destinations; major manufacturing hubs; mineral-rich regions; and key agrarian locations.

Another thematic product is our report on soft commodities (The global grain drain, 18 April 2008), which highlights the growing threat of food inflation. Our report delves into the causes and effects of spiraling prices and identifies possible listed plays on the theme.



About Finance Asia

Established in 1996, FinanceAsia is Asia’s leading financial publishing company based in Hong Kong. With additional bureaus in Singapore and Sydney we have over 15 journalists covering Asia’s fast moving financial and capital markets. FinanceAsia, published 11 times in a year, covers the regions capital and banking markets. With a mixture of in-depth stories, surveys, key interviews and blockbuster cover stories, FinanceAsia provides the finance professional reader with an intelligent, timely and subjective view of the markets. For more information please visit: http://www.financeaisa.com


About India Infoline Ltd

The India Infoline group, comprising the holding company, India Infoline Ltd (NSE: INDIAINFO, BSE: 532636) and it’s subsidiaries, is one of the leading players in the Indian financial services space. India Infoline offers the entire gamut of financial services covering investment products ranging from Equities and derivatives, Commodities, Portfolio Management Services, Mutual Funds, Life Insurance, Fixed deposits, Loans, Investment Banking, GoI bonds and other small savings instruments. It owns and manages the website, www.indiainfoline.com, which is one of India’s leading online destinations for personal finance, stock markets, economy and business.

A network of 758 business locations spread over 346 cities across India, facilitates the smooth acquisition and servicing of a large customer base. All these offices are connected with the corporate office in Mumbai with cutting edge networking technology. The group caters to a customer base of over 800,000 over a variety of mediums viz. online, over the phone and at our branches. The Group is strengthening its institutional broking and investment banking services and has built a team of experienced research analysts, sales and trading professionals.