Uday Kotak
Finance
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 ......
Infrastructure
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...
Finance
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...
General
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...
Finance
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...
Finance
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...
Markets
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 ......
Infrastructure
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...
General
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) ......
Finance
Kotak Mahindra Bank reaches deal with RBI on cutting promoter stake
Kotak Mahindra Bank Ltd and the Reserve Bank of India have reached an agreement on reducing billionaire Uday Kotak’s stake...
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