Tata Consultancy Services (NS:TCS) has retained its position as the most valuable brand in India for the second consecutive year, according to the 10th edition of Kantar's BrandZ Top 75...
In a challenging period for Indian bluechip stocks, Wipro (NS:WIPR) (NYSE:WIT) led the IT sector's downturn with a significant 36% loss, as noted on Friday. The decline comes amid a...
Setting aside the Karnataka High Court order that remanded the matter back to the commission to decide on the immunity from penalty and prosecution in the Kotak Mahindra Bank’s case...
Snapping a four-day losing streak, India's benchmark indices Sensex and Nifty closed marginally up on Monday, despite weak global trends and foreign fund outflows impacting investor...
In Monday's trading, Indian stock markets ended with minimal changes, breaking a four-session losing streak. The BSE Sensex added 14.54 points to close at 66,023.69, while the NSE Nifty50...
The recent tensions between India and Canada have stirred concerns in the investment community, particularly due to the significant stakes held by the Canada Pension Plan Investment Board...
Thursday saw India's key equity benchmark indices, the Sensex and Nifty, fall for the third consecutive day, with a nearly 1% drop primarily driven by investors reducing their stakes in...
New Delhi, Sep 20 (IANS) As India-Canada diplomatic tensions escalate, shares of companies with investments from Canadian pension funds fell in trade on Wednesday, as per media...
Indian primary stock indices witnessed a significant downturn on Wednesday, following the global trend of weakening markets. The Nifty 50 index dropped below the 20,000 mark, primarily...
Kotak Mahindra Bank (NS:KTKM), a private sector lender, has revised its interest rates on fixed deposits of less than Rs 2 crores (approx. $241,100), effective from Wednesday. The bank now...
New Delhi, Sep 13 (IANS) In August, mutual funds showed an interest in technology, metals, consumer durables, and chemicals leading to a month on month rise in their weights, according to a...
Dipak Gupta completed engineering in electronics from Banaras Hindu University in 1983 and went on to pursue his master’s diploma in management from IIM Ahmedabad in 1985.
Dipak Gupta has been appointed as the interim Managing Director and CEO of Kotak Mahindra Bank by the Reserve Bank of India (RBI) following the resignation of Uday Kotak. Gupta's appointment...
This decision was announced following a board meeting held on September 2, 2023
Stocks that were in focus included names like Kotak Bank, which fell 0.37%, IDFC First Bank, which gained 5.78%, and Nazara Tech, whose shares jumped 10.20% on Monday.
In a surprising turn of events, Uday Kotak, the founder and CEO of Kotak Mahindra Bank (NS:KTKM), announced his resignation four months ahead of his scheduled retirement on Saturday....
Uday Kotak, the billionaire banker and founder of Kotak Mahindra Bank announced that he will step down as the bank's Managing Director and CEO with immediate effect. The bank is now actively...
With succession-related issues seen as a major overhang for the stock, Kotak Mahindra Bank shares have been underperforming and now Uday Kotak's premature exit as MD and CEO of the private...
CLSA maintained a buy rating on Bajaj Finance with a target price of Rs 9000. It is well-poised on growth and profitability for the medium term.
Kotak's contribution was pivotal in guiding the bank through its transition from being an NBFC to obtaining a banking license in 2003 and evolving as one of the most reputed financial...
GMR Smart Electricity Distribution, a step down subsidiary of GMR Power and Urban Infra, has received a letter of award (LOA) from Purvanchal Vidyut Vitran Nigam to implement a smart...
Uday Kotak, the founder of Kotak Mahindra Bank, has stepped down as MD and CEO ahead of the end of his term, causing concern among businesses and investors. Kotak reflects on his decision,...
Kotak along with Deepak Parekh, Aditya Puri, and KV Kamath played a pivotal role in development of these financial giants including Kotak Mahindra Bank, HDFC, HDFC Bank, and ICICI Bank,...
In a handwritten letter, accessed by TOI, addressed to the bank's chairman, Prakash Apte, Uday Kotak stated, "I have mulled over this decision for some time and believe this is the right...
New Delhi, Sep 2 (IANS) Uday Kotak has resigned as the Managing Director and CEO of Kotak Mahindra the Bank with effect from September 1.Kotak, whose resignation was considered at the Bank's...
Uday Kotak founded Kotak Mahindra bank 38 years ago with 3 employees in a 300 sqft office in Fort, Mumbai. It is now become a big financial institution, competing against JP Morgan and...
As an interim arrangement, Dipak Gupta, the joint managing director, will carry out the duties of the MD and CEO
Under Kotak's leadership, Kotak Mahindra Group expanded its presence in various financial services sectors, including stock broking, investment banking, car finance, life insurance, and...
Uday Kotak on Saturday resigned as the Managing Director and Chief Executive Officer of private lender Kotak Mahindra Bank, the company said in a stock exchange filing on Saturday.
CBDC-UPI interoperability aims to ease day-to-day customer convenience; with this, e₹ app users can now scan any QR code at merchants to make payments for groceries, daily expenses
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