IL&FS reports Rs 22,527 crore loss for FY19, revenue plunges 47%
This is the first earnings announcement after the government sacked its boar...
IL&FS takes InvIT route to sell nine road projects
An InvIT is like a mutual fund that allows a project’s promoter to monetise revenue-genera...
India needs to build venture capital industry: Uday Kotak
We need to be able to have a policy framework which supports transition from inform...
Need rules for non-disruptive exit in financial sector: Uday Kotak
The comments come at a time when the companies in the sector like DHFL are...
First Kotak Capital Management Finance Ltd (which later became Kotak Mahindra Finance Ltd), and then with Kotak Mahindra Finance Ltd, Kotak became the first non-banking finance company in India's corporate history to be converted into a bank. Over the years, Kotak Mahindra Group grew into several areas like stock broking and investment banking to car finance, life insurance and mutual funds. He is married and has two children.
RIL m-cap nears Rs 10 lakh crore; Mukesh Ambani now world's 12th richest man
On a year-to-date basis, Mukesh Ambani's wealth increased by $13.70 billion to $58 billion.
Uday Kotak, Lewis Hamilton, Biz Stone want you to stop consuming meat and save the planet
Hamilton is urging people to stop consuming meat and dairy for environmental reasons. And he’s not the only one.
Uday Kotak gets 1 year extension on IL&FS board
ILFS has put on block assets worth Rs 50,000 crore. It has sold wind energy assets to Orix. There are 14 separate bids for 10 road assets.
Uday Kotak gets one-year extension on IL&FS board till Oct 2, 2020
MUMBAI: Government has extended Uday Kotak’s term as non-executive director on the board of beleaguered IL&FS by one year till Oct 2, 2020.T...
No increase in bank withdrawals by wife, says Uday Kotak
The Kotak Mahindra Bank MD was responding to questions on the inflation levels.
IL&FS completes sale of wind energy assets to Orix
IL&FS said that it has completed the sale of its wind energy assets to Orix Corporation of Japan for Rs 4,900 crore, helping the debt ridden company to resolve its debt of over Rs 4,300 crore.
Banking industry ready to finance any kind of vehicle: Uday Kotak
In a strong message to the auto sector, Asia's richest banker Uday Kotak today said Indian auto industry should get ready for structural cha...
Uday Kotak drives a point home, says cars no longer a status symbol
He gave the example of his son who prefers to take a taxi rather than take a car.
Indian growth story is like a Bollywood movie, it will also have a happy ending: Uday Kotak on slowdown
Asia's richest banker said the Indian picture looks very challenging , but it is never as bad as it looks.
At Lalit Doshi lecture, Uday Kotak talks trade; says Govt should have limited or no role in business
Kotak Mahindra Bank boss spoke about a crisis in US when the government bought into banks.
Resolution plans ready for all 302 entities: IL&FS
The IL&FS board said it is confident on restructuring or resolving 50 per cent of the total debt.
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