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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

Srinagar’s cinemas may have gone dark. Kashmir’s love for films never did

It seemed like J&K's battered past had taken a backseat, even if it was for the four days of the international film festival.

Global funds sour on India stocks as some cut allocation to zero

Weak corporate earnings and the lack of an AI investment theme are prompting global investors to cut India exposure.

‘Society as battlefield’: NATO cites Indian military paper on cognitive warfare. What it says

In a seminal work, former military officers Lt. Gen. D.S. Hooda & Lt. Col. Pavithran Rajan put forth a framework to approach cognitive warfare, called Socio-Technical-Cognitive Battlespace.

The real BRICS story is what China, Russia want & India wishes

India, China and Russia share more contradictions than congruence. Each has a different worldview, as also a different adversary. The rude fact is that BRICS is the most irrelevant of all such groupings.