SEARCHED FOR:UDAY KOTAK
Concept of globalisation undergoing transition: Uday Kotak
Speaking at a virtual CII-UK Conference, he said the pandemic has changed the futu...
Government extends term of Uday Kotak as IL&FS chairman by one year
The government through a gazatte notification extended term of Kotak, who...
Banks ready to lend for purchasing vehicles; no issue in terms of fund availability: Uday Kotak
"At this time, I don't see any issue of avail...
Financial sector will need to be recapitalised, says Uday Kotak
"The banking sector's loan book is about Rs 100 lakh crore and the total capi...
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.
India's financial sector headed for more consolidation, says Uday Kotak
Speaking at a virtual interaction, he emphasised that the financial sector must have capital risk management expertise and an ability to govern institutions on a sustainable basis. He said that consolidation will happen but what shape it takes really depends on the nature of this pandemic situation and depth of this crisis which will determine the speed of change.
Uday Kotak deconstructs the story behind China's slow, systematic capture of India's markets
Kotak shed light on the raw deal Indian businesses got from China: in sector after sector, China was able to dramatically under-price its goods, with the result that many domestic manufacturers went out of business.
In finance, technology and business, we are moving to a never normal world: Uday Kotak
‘We will get greater visibility by the end of this year but the real and sustainable solution I would like to hope and believe will be in 2021.’
Will be mindful while dealing with highly-leveraged companies: Uday Kotak
Indian banks are facing uncertainty with the Reserve Bank of India providing moratorium on payments for six months. But at the same time many private lenders such as Kotak itself Bank and Axis Bank and ICICI Bank are raising capital to meet unforeseen surge in defaults.
IL&FS InvIT for road assets gets Sebi nod
The group is expected to start the process of setting up a sponsor company for the InvIT under its subsidiary IL&FS Transportation Networks Limited (ITNL) by the end of this month.
Uday Kotak takes over as CII president
Veteran banker Uday Kotak has assumed office as the president of the Confederation of Indian Industry (CII) for 2020-21, the chamber said on Wednesday.
Spadework already done on PLI scheme for auto, component manufacturers: Kant
Kant, who was addressing the 60th annual convention of the Association of Auto Component Manufacturers (ACMA) in New Delhi on Saturday, also said that the scrappage policy was at a "very very advanced stage" of the inter-ministerial discussions.
IL&FS eyes Rs 1,500 crore from sale of headquarters in Mumbai
According to consultants, the commercial property is expected to attract good interest even during the ongoing pandemic given its prime location with BKC and the unabated interest of global funds in Indian commercial real estate.
'Imagine Mukesh Ambani going to Gorakhpur, meeting youngsters': Goyal urges business leaders to become mentors
Commerce and Industry Minister Piyush Goyal on Thursday called upon the senior business leaders to become mentors, not only to their own fam...
Uday Kotak not averse to takeover of weak businesses during COVID crisis
As far as other takeovers by domestic investors are concerned, Uday Kotak said, "we have to look at the interests of both sides. On the one side is the interest of an existing entrenched management, who's going through a tough time, on the other side is a very poor performance of the investors' money".
Covid-19 impacted IL&FS' ability to conclude asset sales: Uday Kotak
Kotak outlined that for IFIN (IL&FS Financial Service) there have been zero recoveries of large loans given to Group companies.