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Tuesday, November 5, 2024
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

Trudeau is nursing snakes in his own backyard. Misguided Sikhs in Canada are losing the plot

By turning a blind eye to the snakes in his own backyard, Trudeau is setting the stage for a disaster of epic proportions for his country, his people, and the world at large.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

India carries out 1st patrol in Depsang since disengagement with China, to take things ‘slow’

While there are patrolling points (PP) 10, 11, 12, 12A and 13 in the Depsang Plains, the patrol in the region Monday was carried out to only one point as decided by India and China.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.