Kotak hardest hit by RBI plan to cap CEO tenures

The bank's shares were down as much as 5.2 per cent intra-day in Mumbai on Friday

'Kotak Mahindra Bank best suited to acquire Yes Bank'

I think Uday (Kotak) is the best candidate to acquire Yes bank. You need deep pockets, Uday has that, said SBI's Rajnish Kumar.

I heard good things, positive thing, she said, and added that 'the message I got is that consumption is happening.'

CII said the measures announced come at a time when the world economy is buffeted by global headwinds and trade slowdown.

Lok Sabha on Tuesday approved a resolution abrogating special status to Jammu and Kashmir under Article 370 of the Constitution.

The group’s interest in jointly controlled operations varied from company to company, for instance in the Elsamex entities.

Uday Kotak’s lieutenant Raghunath is architect of the revival plan.

The firm and its subsidiaries have defaulted on several debt repayments recently due to liquidity crisis.

Government should establish a transparent mandate for PSEs and disclose their objectives and obligations.

Kotak panel was mandated to advise the markets regulator on areas like ensuring active participation of independent directors.