Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

1-10 results from 1000 for query «kotak»

5 November, 2018 7:34 AM Eight of top-10 firms gain Rs 1.69 lakh crore in m-cap; TCS, SBI shine

New Delhi; Eight of the 10 most valued Indian firms together added Rs 1.69 lakh crore in market capitalisation last week, led by Tata Consultancy Services (TCS) and SBI. A strong broader market drove the market capitalisation (m-cap) of the eight blue-chip firms, including ICICI Bank, HDFC and RIL, higher by Rs 1,69,865.11 crore for the week ended Friday 69

2 November, 2018 7:08 AM PNB posts Q2 loss at Rs 4,532 cr as provisions rise 4-fold, asset quality improves

PNB's Q2 loss was much higher compared to analyst expectations. Nomura and Kotak Securities had expected the same at around Rs 2,400 crore for the quarter. Punjab National Bank has posted a loss of Rs 4,532.4 crore crore for the quarter ended September 2018 as provisions increased four-fold compared to year-ago, but asset quality improved sequentially 71

25 October, 2018 3:06 PM IL&FS inducts CS Rajan into board of IECCL as addl director

Debt-laden Infrastructure Leasing and Financial Services (IL&FS) Thursday said C S Rajan has been inducted on the board of IL&FS Engineering and Construction Company (IECCL) as additional director. Rajan's nomination was announced by the newly constituted board of IL&FS in the board meeting held on October 12. Rajan, an IAS officer of 1978 batch, retired 68

24 October, 2018 3:17 AM InterGlobe Aviation likely to post Q2 loss on higher crude, weak currency

InterGlobe Aviation, which operates the airline IndiGo, is likely to post a net loss for the September quarter as weak currency and rising crude prices could weigh on its financials, analysts have said. Kotak Institutional Equities expects net loss for the September quarter to be at Rs 466.3 crore against Rs 551.5-crore profit posted by the firm during 57

23 October, 2018 12:26 PM Sensex falls nearly 150 points, Nifty slips below 10,200

New Delhi: The benchmark Sensex, cracked below the 34,000-mark while the NSE Nifty slipped below 10,200. Sensex fell 153.24 points or 0.45 percent at 33,981.14 in early morning trade. The 30-share index hit intra-day high of 34,012.28 and low of 33,852.70. Similarly, the NSE Nifty fell 55.55 points or 0.54 percent to 10,189.70. The rupee depreciated 73

17 October, 2018 4:36 PM Residential real estate sales at 22.2 mn sq ft this year, new launches decline: Report

commercial real estate in key metro cities witnessed an increase in absorption leading to a fall in vacancy as supply continues to play catch up Residential real estate clocked sales of 22.2 million square feet across major Indian cities this year as new launches declined to 7.9 mn sq ft, Kotak Institutional Equities said in a report titled Real Estate 43

12 October, 2018 12:48 PM New branch opening pace has come down: Kotak Mahindra Bank

The presence of branches is still important, but it is not as important as it was two-three years back, Joint Managing Director Dipak Gupta said. The pace of opening new bank branches has come down since the last two-three years thanks to the rise in digital transactions, a top official of Kotak Mahindra Bank said. Over 85 percent of the bank's transactions 62

8 October, 2018 2:23 PM Markets wipe off early losses, end higher on value-buying

New Delhi: Markets wiped off early losses to end the positive zone on Monday amidst short-covering by investors. The BSE Sensex jumped 97.39 points or 0.28 percent at 34,474.38. Similarly the broader Nifty also reclaimed the 10,300-mark by recovering 31.60 points, or 0.31 percent, to 10,348.05. Intra-day, the Nifty slipped below 10,200 and Sensex breached 83

1 October, 2018 10:46 AM NCLT approves govt's takeover of IL&FS board; Uday Kotak to be chairman

The National Company Law Tribunal (NCLT) has approved the takeover of IL&FS board by government nominees. The National Company Law Tribunal (NCLT) has approved the takeover of IL&FS board by government nominees, saying mismanagement at the crisis-ridden financier makes it a fit case of supersession of the board under Article 241 of the Companies Act. A new six-member 61

28 September, 2018 8:24 AM Metropolis Healthcare files IPO papers with Sebi

Diagnostics company Metropolis Healthcare has filed its draft papers with market regulator Sebi for its initial public offering (IPO). The IPO is of up to 1,52,69,684 equity shares, consisting an offer for sale of up to 50,17,868 equity shares by Sushil Kanubhai Shah and up to 1,02,51,816 equity shares by CA Lotus Investments, according to the draft 72