Uday Kotak

Hinduja Group keen to raise stake in IndusInd Bank to 26%, seeks RBI permission; shares down over 9%

IndusInd Bank shares touched a high of Rs 707.45 in the morning session, but later pared gains to trade at Rs 668.80, up 0.7 percent from their previous close, at 11:42 am on NSE.

Yes Bank crisis: Best practices needed as benchmark to govern banks; govt should consult with veteran bankers for solutions

Recent days have seen RBI governor Shaktikanta Das pulling up public sector banks for poor credit growth even as Kapoor's Yes Bank shenanigans were simmering in the backdrop.

Kotak Mahindra Bank gets Reserve Bank's final approval for trimming promoters' stake to 26%

Private sector Kotak Mahindra Bank on Wednesday said the Reserve Bank has granted its final approval for reducing promoters' stake in the bank to 26 percent

Kotak Mahindra Bank best suited to acquire Yes Bank, says SBI chairman Rajnish Kumar

Two of India's top bankers on Tuesday opined that Kotak Mahindra Bank (KMB) is best suited to acquire smaller and capital-starved rival Yes Bank

Mukesh Ambani polevaults to 12th position as world's richest Indian with net worth of $59.4 bn after m-cap nears Rs 10 lakh cr

With Reliance Industries having overtaken British energy giant BP Plc to become the sixth-largest energy company in the world, the conglomerate is now valued at $138 billion

Tata Sons chairman N Chandrasekaran bats for privatisation of power discoms; says system bleeds, all deadlocks should be cleared

His comments come a day after a media report said that half of the thermal power plants in the country the largest source of power are shutting down.

Forbes India Rich List: Mukesh Ambani retains top spot for 12th consecutive year, Gautam Adani jumps to second place

Mukesh Ambani remains India’s richest for the 12th consecutive year, with $51.4 billion in wealth

IL&FS crisis: Uday Kotak gets one-year extension on bankrupt infra lender's board, exemption given on RBI recommendation

Kotak was appointed by the government as the head of the lender's board which will help the troubled company come out of difficulties after the state took over the board.

Industry, stock market experts term Sitharaman's corporate tax cut 'revolutionary', say will make Indian firms globally competitive

In a major fiscal booster, the government on Friday slashed effective corporate tax to 25.17 percent inclusive of all cess and surcharges for domestic companies.

CII to support investment activities in Jammu and Kashmir, says Uday Kotak after meeting Nirmala Sitharaman

Industry body CII on Friday assured Finance Minister Nirmala Sitharaman that the industry body will support investment activities in Jammu and Kashmir