Kotak Mahindra

The overall targeted amount for the second fund, which will be domiciled in the GIFT City, is $1.6 billion

Honasa Consumer was valued at $1.2 bn in January, making it the first unicorn of 2022

Kotak Securities sees Nifty50 at 18,385; rising FD rates could attract investment

KFin Technologies was initially looking to launch a Rs 2,400-crore IPO but now, it has reduced the issue size to Rs 1,500 crore to align with market conditions

Sustained selling by FPIs increases investment legroom to 22% at the end of September 2022 quarter

Kotak Investment plans to complete the fundraising by the end of this year and to embark on its investment in 2023, focusing on residential property in India's top five cities

Bankers said the second half of the ongoing financial year will be led by government divestments

Fund manager Deepak Agrawal has been appointed as the new CIO, debt. Another fund manager, Abhishek Bisen has been elevated to the position of head, fixed income position

'We believe there is a huge opportunity in the protection and annuity segments', said Balasubramanian

With this, Kotak Mahindra Bank becomes one of the first private banks to be fully integrated with the new Income Tax department portal

Sebi, in August, had asked the AMC to refund a part of the investment management and advisory fees collected from the unit holders of the six Fixed Maturity Plan (FMP) schemes

India's move toward higher bond yields and interest rates will be another milestone in the recovery of global financial markets from the ravages of the coronavirus.

HKR is a special purpose vehicle (SPV), owned by a consortium led by the Gayatri Group

The asset manager will use Sustainalytics ESG Risk Ratings, a leading global provider of ESG research, ratings and data, to support its Kotak ESG Opportunities Fund

Hopes of improvement in asset quality, better credit growth and lower valuations are supporting factors

The bank has the discretion to offer up to 5% discount on floor price to investors participating in the QIP programme

Private lender board approves proposal to issue 65 million new shares.

The trust selected the banks as advisers, said the people, who asked not to be identified as the discussions are private

On a standalone level, which represents the banking operations, PBT at Rs 2,100.63 crore was up 20.6 per cent YoY, while net profit was up 51 per cent YoY to Rs 1,724.48 crore

At the standalone level, the bank reported a 33 per cent rise in net profit to Rs 1,360 crore from Rs 1,025 crore in the year-ago quarter