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3 mins read

Paramount Global to sell 13% stake in Indian TV business to Reliance Industries for ₹4,286 cr

Paramount Global has agreed to sell its 13 per cent stake in its Indian TV business to Reliance Ind…

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Hindenburg shared the Adani report with its client Mark Kingdon two months before publishing it: Sebi

Hindenburg Research shared Adani report with Mark Kingdon two months earlier, according to the SEBI…

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7 mins read

Sensex, Nifty50 drop 1% dragged down by banking, financial services and realty stocks

India’s benchmark indices Sensex and Nifty50 slumped lower for second consecutive session with 1% e…

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Kotak Mahindra Bank, Bandhan Bank and IndusInd Bank share prices soar with refinancing pulling them out of the red

Kotak Mahindra Bank continues to be the top gainer on the stock market followed by Bandhan Bank,…

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Uday Kotak to sell 2.8 pc stake in Kotak Mahindra Bank

The move would bring the curtains down on a long standoff between the regulator and the bank over …

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Billionaire Uday Kotak to sell 2.83% stake worth over ₹6,800 crore in Kotak Mahindra Bank

The stake sale would help bring down his stake in the country's fourth largest private sector l…

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Uday Kotak sells 2.83 pc stake in Kotak Mahindra Bank for Rs 6,944 cr

Kotak now has time till mid-August for selling the remaining 0.10 per cent holding in the bank to …

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RBI panel proposes recommendations that could redefine private bank ownership

The Reserve Bank of India’s (RBI) Internal Working Group, formed on June 12 this year, has come out…

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Kotak Mahindra Bank, subsidiary sell 20 pc stake in ECA Trading Services

In a regulatory filing Kotak Mahindra Bank said it has divested 8.50 per cent equity stake in ECA …

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Billionaire Uday Kotak all set to get richer after RBI relaxes stock holding rules

Billionaire Uday Kotak is all set to get wealthier after he ended a long-pending issue with the cou…

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HDFC Bank is already looking for a new CEO, but RBI's proposed limit to tenure is a threat to Uday Kotak

The Reserve Bank of India (RBI) has issued a discussion paper that proposes limited the tenure of p…

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These stocks are hot favourites of FPIs even as they sell index heavyweights

Foreign capital flows into Indian equities remain volatile, even though India has outperformed most…

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IndusInd Bank surges over 4% after RBI committee proposes to increase the cap on promoter stake in private sector banks

IndusInd Bank’s shares are up over 4% after the Reserve Bank of India’s (RBI) Internal Working Grou…

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Uday Kotak has pockets deep enough to acquire Yes Bank, say top bankers

Two of India's top bankers on Tuesday opined that Kotak Mahindra Bank (KMB) is best suited to a…

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Bad bank not a good idea unless key issues are addressed: Uday Kotak

Finally, recovery is the key to deciding whether to have a bad bank or not, he said, adding that "…

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Kotak Mahindra Bank has lost nearly half a billion dollars in market cap after the billionaire promoter was fined by the RBI

Kotak Mahindra Bank's shares were among the list of top losers on the Nifty on Monday, when the m…

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HSBC moves to liquidate IL&FS company in Singapore court

The application has been listed for hearing on March 20 and "any creditor or contributory of …

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Kotak Mahindra Bank gets RBI nod for trimming promoters' stake

"Further to our intimation dated 30th January 2020,...the Reserve Bank of India has granted its fin…

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Indian financial system in Darwinian mode, only fittest lenders survive: Uday Kotak

"India is in massive Darwinian mode of what I call as the survival of the fittest.

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India's 100 wealthiest people together are worth $452 billion

The top 100 richest people in India together hold a fortune of $452 billion — that’s 16.58% of th…