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Billionaire Jain Bets on India’s Wealth Boom to Hire, Woo Assets

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Billionaire Nirmal Jain aims to double assets at his wealth management firm in two years and triple his frontline adviser base as India’s rich get richer and competition for their money intensifies. IIFL Capital Services Ltd.’s wealth book of about 600 billion rupees ($6.6 billion) will expand 80% to 100%…

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