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kotak mahindra

Hyundai Motor gearing up to drive into Indian capital market

by Adesola Mojo
Hyundai Motor gearing up to drive into Indian capital market

The Indian unit of Korea’s Hyundai Motor is likely to file a draft red herring prospectus (DRHP) with market regulator Sebi over the next two weeks, initiating the process for …

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Categories Automobile

Bank Stocks: Forecasting a Short-Lived Bout of Weakness

by Craig Fedirighi
Bank Stocks: Forecasting a Short-Lived Bout of Weakness

Mumbai: Shares of banks weakened on Thursday in response to the Reserve Bank of India’s move to impose an incremental cash reserve ratio (CRR) as part of its efforts to …

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Categories Business

Block Deals: ICICI Prudential Mutual Fund, Nippon India Mutual Fund Acquire Stake in Inox Wind; Goldman Sachs, HSBC Invest in 360 One Wam

by Craig Fedirighi
Block Deals: ICICI Prudential Mutual Fund, Nippon India Mutual Fund Acquire Stake in Inox Wind; Goldman Sachs, HSBC Invest in 360 One Wam

The Street saw a host of block deals on Tuesday as both foreign and domestic institutional investors picked up stakes in 360 One, Inox Wind, Bikaji and Minda Corp. Inox …

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Categories Business

Sources say Kotak, the wealthiest Asian banker, under pressure to select external candidate for successor

by Craig Fedirighi
Sources say Kotak, the wealthiest Asian banker, under pressure to select external candidate for successor

India’s banking regulator is nudging Kotak Mahindra Bank to select someone outside the lender’s ranks to succeed billionaire founder Uday Kotak as the next Chief Executive Officer, according to people …

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Categories Business

Stock Market Will Be Buzzing This Week with Q1 Earnings, FII Activity, and Auto Sales among 9 Key Factors

by Craig Fedirighi
Stock Market Will Be Buzzing This Week with Q1 Earnings, FII Activity, and Auto Sales among 9 Key Factors

MUMBAI: After experiencing four consecutive weeks of gains, benchmark indices reversed their trend last week as investors decided to take partial profits. The upcoming week is expected to be busy …

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Categories Business

Analysts anticipate US Fed’s anticipated interest rate hike; RBI anticipated to adopt a balanced perspective

by Craig Fedirighi
Analysts anticipate US Fed’s anticipated interest rate hike; RBI anticipated to adopt a balanced perspective

The 0.25 per cent hike in interest rates by the US Fed was on expected lines, analysts said on Thursday, expecting its Indian counterpart to take a balanced view in …

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Categories Business

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