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Kotak Alternate Assets aims to grow bigger in Asia, says MD

Finance

24 June, 2022

Kotak Alternate Assets aims to grow bigger in Asia, says MD

Kotak Investment Advisors Limited (KIAL), the alternate assets arm of Kotak Mahindra Group, is set to grow its portfolio by ......

Premium
Kotak's investment arm to raise its new "strategic" fund by October

Finance

11 May, 2022

Kotak's investment arm to raise its new "strategic" fund by October

Kotak Investment Advisors Ltd (KIAL), the alternative investment arm of Kotak Group, is set to mark the first close of ......

Brookfield acquires IL&FS headquarters for over $140 mn

Infrastructure

29 March, 2022

Brookfield acquires IL&FS headquarters for over $140 mn

Canadian investment firm Brookfield Asset Management Inc has acquired the headquarters of IL&FS (Infrastructure Leasing and...

Tribunal okays IL&FS claim against National Highways Authority

Finance

18 February, 2021

Tribunal okays IL&FS claim against National Highways Authority

The bankruptcy tribunal has allowed an IL&FS unit to receive the settlement claim it made against the National Highways Authority...

Grapevine: Kotak Mahindra Bank eyes IndusInd; Warburg looks to sell CleanMax stake

General

26 October, 2020

Grapevine: Kotak Mahindra Bank eyes IndusInd; Warburg looks to sell CleanMax stake

Private-sector lender Kotak Mahindra Bank is looking to buy smaller rival IndusInd Bank, media reports said. Kotak Mahindra...

IL&FS says aims to resolve nearly 60% of debt despite pandemic delays

Finance

20 July, 2020

IL&FS says aims to resolve nearly 60% of debt despite pandemic delays

India’s Infrastructure Leasing & Financial Services (IL&FS) said on Monday it expected to resolve about 57% of its...

SWFs, pension funds line up for a stake in Kotak Mahindra Bank

Finance

02 June, 2020

SWFs, pension funds line up for a stake in Kotak Mahindra Bank

Uday Kotak, the promoter and single-largest shareholder of Kotak Mahindra Bank Ltd, sold a 2.8% stake in the private-sector lender...

Sensex, Nifty rise as gains in financials offset Moody's rating cut

Markets

02 June, 2020

Sensex, Nifty rise as gains in financials offset Moody's rating cut

Indian shares ended higher on Tuesday for a fifth straight session as a rally in financial stocks and positive broader ......

IL&FS gets court nod to sell GIFT City stake to Gujarat govt

Infrastructure

27 May, 2020

IL&FS gets court nod to sell GIFT City stake to Gujarat govt

Infrastructure Leasing & Financial Services Ltd (IL&FS) has received an insolvency court’s approval to sell its...

Grapevine: Alfanar Group to sell India power projects; BigBasket eyes $200 mn funding

General

26 May, 2020

Grapevine: Alfanar Group to sell India power projects; BigBasket eyes $200 mn funding

Saudi Arabia-based Alfanar Group has tasked JM Financial to look for a buyer for half of its 600 megawatts (MW) ......

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