Uday Kotak

Wednesday, Apr 24, 2024 | Last Update : 07:25 AM IST

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

13 Jun 2020 7:57 PM

I'm looking forward to best in class quality but strong Indian owned and controlled financial sector and while we must attract foreign capital, we must ensure that there is no colonialisation of Indian finance, I'm looking forward to best in class quality but strong Indian owned and controlled financial sector and while we must attract foreign capital, we must ensure that there is no colonialisation of Indian finance, Uday Kotak said. (Photo: File)

'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.

17 Dec 2019 1:51 PM

As regards slowdown in the passenger vehicle segment, Finance Minister Nirmala Sitharaman was told that it was driven by "sentiments" and will improve in near future. (Photo: File)

Economy looking up; no liquidity crisis: FM Sitharaman after bankers meet

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

26 Sep 2019 10:31 PM

CII President Vikram Kirloskar said the macro impact of the economic package announced can be expected to be significant. (Photo: File)

Stimulus package will boost growth and stabilise economy: CII

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

25 Aug 2019 4:43 PM

Jammu & Kashmir is an area of strong potential for development as it enjoys a range of natural resources and immense talent, CII President Designate Uday Kotak said.

India Inc cheers Parliament nod to abrogate Article 370, J&K bifurcation Bill

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

06 Aug 2019 8:16 PM

Without a doubt, rampant greed and avarice were the underlying credo at IL&FS, but equally mismanagement and thievery were responsible for the decline and now demise. Across the food chain, there was systemic failure.

IL&FS: Was everyone asleep at the wheel?

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

06 Nov 2018 2:09 AM

The Uday Kotak-led IL&FS management, readying a turnaround plan for the debt-ridden shadow bank, is preparing a list of subsidiaries that could be wound up. The list, which will be submitted to the NCLT on October 31, will also feature the arms that could be revived.

IL&FS may sell financial services, energy arms

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

22 Oct 2018 9:24 AM

The newly appointed board of cash-strapped Infrastructure Leasing and Financial Services (IL&FS) in its second meeting on Friday initiated austerity measures for personnel and operating expenses.

IL&FS' new board initiates austerity measures

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

12 Oct 2018 7:39 PM

The objectives of the state-owned companies should be disclosed to shareholders on a regular basis so that investors can take informed investment decisions.

Ensure operational autonomy of PSEs: Sebi panel

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

06 Oct 2017 2:19 PM

Kotak panel on corp governance to submit report by month-end

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

06 Sep 2017 2:54 PM

Industry icons Ratan Tata, N R Narayana Murthy, Nandan Nilekani and Uday Kotak have invested in Shekhar Gupta's media venture. Picture: Twitter.

Shekhar Gupta's media venture gets big names on-board

The likes of N R Narayana Murthy, Ratan Tata, Nandan Nilekani, Uday Kotak and others have funded Gupta's new venture.

11 Jul 2017 8:34 PM

Sebi to make stricter norms for independent directors

Sebi wants to make a special resolution mandatory for removal of an independent director that will reduce the arbitrariness of promoters.

12 Jun 2017 6:50 PM

Private sector needs to play major role, says Uday Kotak

The government is talking about bad banks for the resolution of stressed assets in the system.

30 Mar 2017 12:58 AM

The new account will offer free digital services for all the customers and KMB is the first lender in the country to use the Aadhar-based OTP for the account opening.

Kotak Bank launches scheme to double customers to 16 million

29 Mar 2017 5:39 PM

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