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1-10 results from 1000 for query «kotak»

16 January, 2019 8:00 AM RBI may take dovish stance in February policy with softer inflation

With softer retail and wholesale price-based inflation, Reserve Bank of India is likely to change its policy stance from 'neutral' from 'calibrated tightening' in the February policy, says a report. The inflation based on the Consumer Price Index (CPI) eased to an 18-month low of 2.19 percent in December compared to 2.33 percent in November and 5.21 percent 1033

10 January, 2019 8:53 AM D-Street Buzz: Nifty Auto continues to roll led by Tata Motors; Axis Bank down 2%, media gains

Astral Poly Technik, Bata India, Maharashtra Scooters, PVR, Torrent Pharma and Info Edge (India) have hit new 52-week high in this afternoon session. Sensex as well as the Nifty continued to trade lower in this Thursday afternoon session with the Nifty50 down 20 points, trading at 10,835 while the Sensex shed 27 points and was trading at 36,185. Bank Nifty 153

9 January, 2019 1:34 PM GSPL Q3 PAT seen up 12% YoY to Rs. 203.1 cr: Kotak

Kotak has come out with its third quarter (October-December’ 18) earnings estimates for the Oil, Gas & Consumable Fuel sector. The brokerage house expects GSPL to report net profit at Rs. 203.1 crore up 12% year-on-year (down 37% quarter-on-quarter). Net Sales are expected to increase by 37 percent Y-o-Y (down 2 percent Q-o-Q) to Rs. 478.3 crore, according 132

8 January, 2019 3:35 PM Infosys Board To Consider Share Buyback, Special Dividend

Software major Infosys will buy back its shares again and pay special dividend to its shareholders for this fiscal (2018-19), said the company on Tuesday. "The company's Board of Directors will consider buyback of its paid-up equity shares, payment of special dividend and implementation of the capital allocation policy at its meeting on January 11," said the city-based 186

31 December, 2018 5:53 AM Nifty to consolidate before a move towards 11,000 in January: Kotak Securities

The Nifty50 performed as per expectations last week as it reversed from 10,980-11,020 and later recovered sharply from lower levels. However, retracement while correcting was larger than expected, which has again kept the market uncertain whether it will cross the previous immediate highest level (10,985). Comparing the trend of large-cap stocks with the trend 100

19 December, 2018 2:14 PM Minimum Balance Rules: Here's How Much Top Banks Charge For Non-Compliance

Leading lenders of the country have fixed their monthly average balance (MAB) requirements according to the location of a customer's account. Most of the banks in the country require customers to maintain a certain Monthly Average Balance or MAB in their savings bank accounts, failing which they have to bear certain penalty charges. Monthly Average Balance 77

17 December, 2018 7:31 AM HC refuses to stay Dec 31 deadline for Kotak Mahindra Bank promoter stake dilution

The Bombay High Court has refused to order a stay on the Reserve Bank of India's December 31 deadline to Kotak Mahindra Bank seeking dilution of promoter stake. The Bombay High Court has refused to order a stay on the Reserve Bank of India's December 31 deadline to Kotak Mahindra Bank seeking dilution of promoter stake. This means that the bank will have to reduce 75

17 December, 2018 7:14 AM D-Street Buzz: Nifty Energy gains led by Power Grid; Tata Motors jumps 5%, HUL hits new 52-week high

The breadth of the market favoured the advances with 989 stocks advancing and 693 declining while 393 remained unchanged. On the BSE, 1290 stocks advanced, 1037 declined and 148 remained unchanged. The Indian stock market has extended the morning gains in the Monday afternoon session with the Nifty50 up 57 points, trading at 10,862 while the Sensex 131

14 December, 2018 11:37 AM Understanding the Kotak-RBI battle – Letter, spirit, rules and a court petition

We examine the complications and implications – essentially the answer to the question: What is this Kotak’s Natak? Kotak Bank which was built by Uday Kotak was asked by RBI to pare down its promoter stake way back in 2012. THis is normal, as part of RBI norms, to “broadbase� the shareholding and to restrict individuals from holding large stakes 245

11 December, 2018 5:46 AM Rate-sensitive stocks trade lower on Urjit Patel's resignation; HDFC Bank, Oberoi Realty fall 2-3%

Interest rate-sensitive stocks are trading in the red with Nifty Bank, Nifty Auto and Nifty Realty down up to 1 percent each after the sudden announcement of resignation of Reserve Bank of India Governor Urjit Patel. Bank Nifty was down over 1 percent with losses from HDFC Bank and ICICI Bank which shed 2 percent each while IndusInd Bank and Kotak Mahindra 150