Kotak

Kotak Mahindra Bank to raise Rs 65,000 crore for expansion

Shareholders of the bank gave approval to borrow in excess of the paid up capital and free reserves but not exceeding Rs 60,000 crore, Kotak Mahindra Bank said

Time for start-ups to move to the next level, advises Nasscom vice president

The association provides working spaces to start-ups, gives them starter kits designed by Microsoft, Google and IBM. Also, nine warehouses funded by respective state governments and sponsored by technology providers like Microsoft, IBM, Google, Facebook, Kotak Bank and Digital Ocean have been provided for start-ups.

IBM Signs IT Infrastructure Services Deal With Kotak

IBM will design, build and maintain a highly scalable, energy-efficient green data centre as well as the converged IP network infrastructure for the client.

Expect poor Q3 earnings: Plummeting commodity prices may hit India Inc's profits

In what could act as a further flashpoint for equities that appear to have run into nervousness of late, most analysts have muted expectations from the set of third-quarter earnings India Inc will start reporting from tomorrow.

Kotak raises Rs 490 cr in infra PE fund

The fund, Core Infrastructure India Fund, will invest in companies engaged in industries like power generation and transmission, transportation, water treatment and supply, waste management and gas transmission in India.

Corus syndrome: Investors are rejoicing collapse of Apollo-Cooper deal

The debt required to be raised by Apollo Tyres to finance the acquisition was three times its market capitalisation.

Sensex recoups recent losses on positive global cues

Global cues were boosted by US services sector expansion, which extended in January and a few corporate results.

Kotak downgrades HUL on declining rupee, packaging norms

"In the balance, we see downside risks to HUL's business emerging," said Kotak in a note.

Kotak finds saviour in finance ops, margins feel the squeeze

The growth story at Kotak is getting some traction. But since rates are itching to creep up, the mood may just get tempered.

RBI asks Kotak Mahindra Bank to halve promoter stake

RBI has asked Kotak Mahindra Bank's promoter Uday Kotak to reduce his holding to 20 percent from the current 45 percent. RBI has said that it might consider slashing the rates further.