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