Kotak Mahindra Bank
Finance
GIC took out $200 mn from Indian BFSI bets, invested more in two private banks in Q1
Singapore sovereign wealth fund GIC Pte. Ltd shuffled several of its investments in India’s listed banking, financial services and insurance ......
Finance
Three lenders trim stake in Yes Bank within two weeks of investment
Three private-sector banks, which had pitched in to save Yes Bank from the brim of a collapse last month, have ......
General
Grapevine: KKR mulls Ramky exit; Amazon may buy Milkbasket; Kotak may raise funds
Private equity giant KKR & Co. is considering a sale of its controlling stake in environmental services provider Ramky Enviro ......
Markets
How coronavirus shrunk India's billion-dollar valuation club
The club of Indian companies with a market capitalisation of at least $1 billion lost the most members in at ......
Finance
Stressed assets on pause for now but coronavirus aftermath poses shakeout risks
Even as the entire stressed asset ecosystem is almost on pause in the pandemic, both buyers and sellers are bracing ......
Markets
Sensex, Nifty decline as firms flag lockdown damage
Indian shares ended lower on Wednesday as companies started laying out the extent of the damage to their businesses from ......
General
Grapevine: Carlyle, Brookfield, Tilden Park Capital may eye Yes Bank
Troubled private sector lender Yes Bank may attract interest from a clutch of foreign investors as part of a massive ......
Markets
Sensex, Nifty tumble over 5% as virus fears linger
Indian shares skidded over 6% in the waning moments of trading on Wednesday, with financial stocks suffering the most, as ......
Finance
Cabinet clears Yes Bank rescue plan; ICICI, Axis, Kotak, HDFC to pitch in
The Union Cabinet has approved a reconstruction plan for Yes Bank, finance minister Nirmala Sitharaman said on Friday, as the ......
General
Grapevine: 4 banks, others to Yes Bank rescue; Walmart India insider to be CEO
State Bank of India or SBI will be joined by private-sector lenders ICICI Bank, HDFC Bank, Axis Bank and Kotak ......