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Uday Kotak News

Dr Vivek Bindra

11 Oct 2024

How To Defeat A Large Competitor With Zero Investment – Uday Kotak Style?

In his informative series, ‘Tycoons of India’ – Dr. Vivek Bindra dives into the journeys of influential business figures who have transformed the Indian and global landscapes.

24 Dec 2023

Year-Ender 2023: Resignation Of THESE CEOs Made Headlines In Ongoing Year

These CEO resignations have not only stirred the business world but also raised questions about the motivations behind these unexpected departures.

Kotak Mahindra Bank

21 Oct 2023

Ashok Vaswani To Replace Uday Kotak As Next CEO Of Kotak Mahindra Bank

Ashoka Vaswani will replace Uday Kotak as the next CEO of Kotak Mahindra Bank after RBI had approved the recommendation.

02 Sep 2023

Started 38 Years Ago With 3 Workers, Uday Kotak's Remarkable Legacy In Finance

Let’s delve deeper to read more about Uday Kotak’s journey to build a big financial institute in India, providing 1 lakh direct jobs and competing against giants Goldman Sachs and JP Morgan.

02 Sep 2023

Uday Kotak Steps Down As Chairman and MD Of Kotak Mahindra Bank

Uday Kotak founded Kotak Mahindra bank 38 years ago with 3 employees in a 300 sqft office in Fort, Mumbai. It is now become a big financial institution, competing against JP Morgan and Goldman Sachs.

30 Apr 2023

Uday Kotak Terms US Dollar 'Biggest Financial Terrorist', Clarifies Later

Uday Kotak reiterated his comments in which he called the dollar the biggest financial terrorist. He clarified in a tweet that he was alluding to the excessive influence that a reserve currency possesses. Kotak stated during his speech at the ET Awards for Corporate Excellence 2023.

18 Apr 2023

9 Of 10 World's Biggest Companies From US: Kotak Questions 'American Decline'

According to Kotak, the top 10 firms in the world right now are Apple, Microsoft, Saudi Aramco, Alphabet, Amazon, Berkshire Hathaway, NVIDIA, Tesla, Meta, and Johnson & Johnson.

Rakesh Jhunjhunwala

14 Aug 2022

Uday Kotak mourns loss of his 'school and college mate' Rakesh Jhunjhunwala

Ace investor Rakesh Jhunjhunwala died aged 62 at Breach Candy hospital in Mumbai He was reportedly brought dead to the hospital at around 6:45 am on Sunday Several political leaders and prominent personalities took to social media to mourn his demise

10 Richest Indians

07 Oct 2021

In Pics: Top 10 richest persons in India in 2021

Richest Indians have increased their cumulative wealth by 50%. For the 14th year in a row Mukesh Ambani remains the wealthiest Indian, followed by Gautam Adani. India's top richest have cumulative worth of $336.4 billion.

04 Jun 2020

CII comes with 10 points strategy for post-Covid India

Kotak said that the industry body will work with the government to save livelihood and getting out from the lockdown smoothly with more focus on healthcare and education.

17 Jul 2019

Mukesh Ambani, India's richest person, world's 13th wealthiest in Bloomberg Bi

Amazon Founder and CEO Jeff Bezos is the world's richest person with a total net worth of USD 125 billion, according to the Bloomberg Billionaires Index.

Kotak Mahindra Bank

10 Dec 2018

Kotak Mahindra challenges RBI decision on preference shares

Uday Kotak has been asked by the Reserve Bank of India to lower his holding in the lender to 20 percent by this year-end.

22 Mar 2018

Uday Kotak says no privatisation of PSBs will happen till 2019 elections

Kotak reveals the factors that give him the confidence about the prospects of a bright future for private banks in India.

05 Oct 2017

Promoters as 'kings' detrimental to biz confidence: Sebi panel

Submitting its report to the regulator for overhaul of corporate governance norms for listed companies, the panel headed by eminent banker Uday Kotak instead favoured a 'custodian or trusteeship' model for running a company that works on 'Gandhian principles'.

Corporate governance norms

05 Oct 2017

Sebi panel suggests overhaul of corporate governance norms

The report also seeks to address issues faced by investors on voting and participation in general meetings, and disclosure and transparency related issues.

Kotak Mahindra Bank

12 May 2017

Kotak Mahindra Bank raises Rs 5,800 crore through India's second largest QIP

Private sector lender Kotak Mahindra Bank on Friday raised over Rs 5,800 crore through a qualified institutional placement (QIP) at Rs 936 a share, sources said.

Kotak Mahindra Bank

28 Apr 2017

Kotak Mahindra Bank buys out Old Mutual from insurance arm for Rs 1,292 crore

The fourth largest private sector lender will become the 100 percent owner of the 16-year-old Kotak Mahindra Old Mutual Life Insurance post acquisition, which bucks the trend of foreign partners increasing their stakes after foreign holding norms were hiked to 49 percent in December 2015.

29 Mar 2017

Kotak Mahindra aims to double customer base on new app

Kotak Mahindra Bank on Wednesday said it is planning to double its customer base through its new mobile banking app called 8-11.

23 Jan 2017

Expect 8-10% return from markets this year: Uday Kotak

Expecting 8-10 percent return from markets this year, ace banker Uday Kotak has said India is also ready to explore various new products while there is appetite for some good "high-quality" public offers as well.

20 Jan 2017

India a bright star in 'sober' global outlook: Uday Kotak

As uncertainty grips the global economic outlook, ace banker Uday Kotak today said India has an opportunity to be a "bright star" in such a "sober" scenario and the medium term prospects for the country's economy looks good as long as it can focus on right things.

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