Year-Ender 2023: Resignation Of THESE CEOs Made Headlines In Ongoing Year
These CEO resignations have not only stirred the business world but also raised questions about the motivations behind these unexpected departures.
Dec 24, 2023, 15:16 PM IST
Ashok Vaswani To Replace Uday Kotak As Next CEO Of Kotak Mahindra Bank
Ashoka Vaswani will replace Uday Kotak as the next CEO of Kotak Mahindra Bank after RBI had approved the recommendation.
Oct 21, 2023, 15:31 PM IST
‘Investment Of Rs 10,000 With Us In 1985 Would Be Worth Around Rs 300 Crore Today’: Started 38 Years Ago With 3 Workers, Uday Kotak's Journey To Build Kotak Mahindra Bank
Let’s delve deeper to read more about Uday Kotak’s journey to build a big financial institute in India, providing 1 lakh direct jobs and competing against giants Goldman Sachs and JP Morgan.
Sep 02, 2023, 19:14 PM IST
Uday Kotak Steps Down As Chairman and MD Of Kotak Mahindra Bank With Immediate Effect
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 Goldman Sachs.
Sep 02, 2023, 15:47 PM IST
Uday Kotak Terms US Dollar 'Biggest Financial Terrorist', Clarifies Later
He asserted that the search for a new reserve currency is now underway and that India has the chance to establish the Indian Rupee as the global reserve currency.
Apr 30, 2023, 11:31 AM IST
9 Of 10 Biggest Companies In World From US: Uday Kotak Questions 'American Decline'
According to Kotak, the top 10 firms in the world right now are Apple, Microsoft, Saudi Aramco, Alphabet, Amazon, Berkshire Hathaway, NVIDIA, Tesla, Meta, and Johnson & Johnson.
Apr 18, 2023, 17:27 PM IST
Rakesh Jhunjhunwala death: Uday Kotak mourns loss of his 'school mate', FM Sitharaman offers condolences
Uday Kotak, the chief executive of Kotak Mahindra, mourned the loss of ace investor Rakesh Jhunjhunwala whom he had known since school.
Aug 14, 2022, 11:50 AM IST
In Pics: Top 10 richest persons in India in 2021
Richest Indians have increased their cumulative wealth by 50%. For the 14th year in a row Mukesh Ambani remains the wealthiest Indian, followed by Gautam Adani. India's top richest have cumulative worth of $336.4 billion.
Oct 07, 2021, 15:33 PM IST
CII comes with 10 points strategy for post-Covid India; to focus more on healthcare, education
Kotak said that the industry body will work with the government to save livelihood and getting out from the lockdown smoothly with more focus on healthcare and education.
Jun 04, 2020, 12:33 PM IST
Mukesh Ambani, India's richest person, world's 13th wealthiest in Bloomberg Billionaires Index
Amazon Founder and CEO Jeff Bezos is the world's richest person with a total net worth of USD 125 billion, according to the Bloomberg Billionaires Index.
Jul 17, 2019, 14:11 PM IST
Kotak Mahindra challenges RBI decision on preference shares
Uday Kotak has been asked by the Reserve Bank of India to lower his holding in the lender to 20 percent by this year-end.
Dec 10, 2018, 12:48 PM IST
Uday Kotak says no privatisation of PSBs will happen till 2019 elections
Kotak reveals the factors that give him the confidence about the prospects of a bright future for private banks in India.
Mar 22, 2018, 07:56 AM IST
Promoters as 'kings' detrimental to biz confidence: Sebi panel
Submitting its report to the regulator for overhaul of corporate governance norms for listed companies, the panel headed by eminent banker Uday Kotak instead favoured a 'custodian or trusteeship' model for running a company that works on 'Gandhian principles'.
Oct 05, 2017, 20:33 PM IST
Sebi panel suggests overhaul of corporate governance norms
The report also seeks to address issues faced by investors on voting and participation in general meetings, and disclosure and transparency related issues.
Oct 05, 2017, 18:34 PM IST
Kotak Mahindra Bank raises Rs 5,800 crore through India's second largest QIP
Private sector lender Kotak Mahindra Bank on Friday raised over Rs 5,800 crore through a qualified institutional placement (QIP) at Rs 936 a share, sources said.
May 12, 2017, 22:00 PM IST
Kotak Mahindra Bank buys out Old Mutual from insurance arm for Rs 1,292 crore
The fourth largest private sector lender will become the 100 percent owner of the 16-year-old Kotak Mahindra Old Mutual Life Insurance post acquisition, which bucks the trend of foreign partners increasing their stakes after foreign holding norms were hiked to 49 percent in December 2015.
Apr 28, 2017, 09:57 AM IST
Kotak Mahindra aims to double customer base on new app
Kotak Mahindra Bank on Wednesday said it is planning to double its customer base through its new mobile banking app called 8-11.
Mar 29, 2017, 20:09 PM IST
Expect 8-10% return from markets this year: Uday Kotak
Expecting 8-10 percent return from markets this year, ace banker Uday Kotak has said India is also ready to explore various new products while there is appetite for some good "high-quality" public offers as well.
Jan 23, 2017, 17:12 PM IST
India a bright star in 'sober' global outlook: Uday Kotak
As uncertainty grips the global economic outlook, ace banker Uday Kotak today said India has an opportunity to be a "bright star" in such a "sober" scenario and the medium term prospects for the country's economy looks good as long as it can focus on right things.
Jan 20, 2017, 16:46 PM IST
