Promoters Stake

IndiGo promoters' spat is different from other airline crises; every disagreement need not result in parting of ways

It was IndiGo that won rave reviews when it placed a massive order with Airbus Industries for delivery of more than 100 aircraft in a phased manner but at a fixed price.

Bombay High Court asks Kotak Mahindra Bank promoters to file affidavit on RBI's equity dilution directive

The Bombay High Court on Monday sought an affidavit from the promoters of Kotak Mahindra Bank stating that they have complied with the RBI's directive to dilute the promoter's shareholding

Kotak Mahindra Bank case to come up for hearing amid clamour for change in ownership rules

Kotak Mahindra Bank's case against an RBI decision on promoter stake dilution is likely to come up for hearing before the Bombay High Court on Thursday amid a growing clamour for a review of the central bank's ownership guidelines for home-grown private sector lenders