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Friday, December 12, 2025
TopicKotak

Topic: Kotak

Why Kotak Mahindra Bank is taking legal action against BharatPe founder Ashneer Grover & wife

Grover sought damages of Rs 500cr in Oct 2021 for a notional loss allegedly suffered because of the bank. Kotak says it replied to notice, pursuing 'appropriate legal action'.

Load up on foreign stocks, top banker tells wealthy Indians

Kotak Investment Advisors CEO Srikanth Subramanian says softening of rules will see higher returns from some overseas markets than what investors can get from Indian equities.

Goldman Sachs, Kotak, ICICI among 10 banks shortlisted to manage LIC’s IPO

India may also allow foreign direct investment in LIC to ensure a diversified and strong demand across various segments of investors.

India’s top cotton trader halts China shipments amid coronavirus panic

Mumbai-based Kotak Commodity Services will now look for new buyers of cotton in countries such as Bangladesh, Indonesia, Taiwan and Vietnam.

Kotak halts bid for Altico as India struggles with shadow banking crisis

Altico Capital India Ltd. is one of the latest caught up in India's shadow banking crisis that started in 2018.

Funding crisis to worsen unless India pumps in cash, Kotak says

India’s cash deficit is the worst since 2016, largely due to muted government spending & high election-linked expenditure.

IL&FS must die for its infrastructure projects to live

IL&FS is an unwieldy, opaque hydra. More than size, it’s the diffuse nature of its operations that should worry its new directors.

On Camera

IndiGo cancellations made TV news do the unexpected — question the Modi government

Republic TV was the harshest of them all: “The (civil aviation) minister has done a bad job,” said prime time anchor Arnab Goswami.

IndiGo’s profits dipped, most airlines sunk into losses last fiscal even as flier numbers soared

Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.

Dubai Tejas crash revives focus on advanced, fully automated safety systems

Dubai airshow crash & pilot death have rekindled concerns over pilot safety, and need for smarter automated systems that can step in when G-forces, temporary loss of consciousness hit the pilot.

Asim Munir & Pakistan’s Failed Marshal Doctrine

None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.