Hudson Lockett in Hong Kong, Benjamin Parkin and Stephanie Findlay in New Delhi
Fortunes of billionaires Mukesh Ambani and Gautam Adani soar past likes of Alibaba’s Jack Ma
India’s industrial moguls Mukesh Ambani and Gautam Adani have swept past the likes of China’s Jack Ma in global wealth rankings as the fortunes of leading billionaires in...
By Pavan C Lall
Last Updated : Apr 15, 2019 04:28 PM IST | Source: Moneycontrol.com
By proposing the use of perpetual non-cumulative preference shares to cut promoter holding, Kotak, the promoter, is guilty of not complying with the spirit of the law. So too, Kotak Mahindra Bank and its independent directors.
Ravi Krishnan@writesravi
As the battle...
Shares of Zomato, Paytm parent One 97 Communications Ltd and Nykaa owner FSN E-Commerce Venture have fallen to their lowest levels since listing.
MarketEdited by Prashun TalukdarUpdated: January 24, 2022 1:30 pm IST
New Delhi: Shares of Zomato, Paytm parent One 97 Communications Ltd and Nykaa owner FSN E-Commerce Venture have fallen...
The Bombay High Court on Monday declined Kotak Mahindra Bank’s plea for a stay on the Reserve Bank of India (RBI)’s December 31 deadline to reduce its promoter stake holding.
This, in effect, would mean that the private sector lender has a little more than 10 days to lower its...
Altico Capital's default could put more pressure on Yes Bank's balance sheet and lead to greater scrutiny
BY SALIL PANCHAL, Forbes India Staff 2 min read PUBLISHED: Sep 24, 2019 12:00:00 PM IST UPDATED: Sep 24, 2019 12:05:17 PM IST
Bad news surrounding yes Bank doesn’t seem to stop. In September, the default of...
Sashidhar Jagdishan inherits a proven entity from predecessor Aditya Puri. However, the 'bank insider' will have to rebuild trust among business leaders and devise his own strategy when NPAs rise
BY SALIL PANCHAL, Forbes India Staff 5 min readPUBLISHED: Aug 10, 2020 05:04:27 PM IST
Sashidhar Jagdishan, HDFC Bank’s new managing director and...
AuthorRanina Sanglap Gaurav RaghuvanshiThemeBanking
Many Indian nonbanking financial companies may remain short of funds as investors become more cautious and the economy contracts, adding risks to the broader financial system.
Indian authorities have recently stepped up efforts to improve liquidity for nonbanking financial companies, or NBFCs, as the coronavirus pandemic halted the economy...
13 Jan, 2021
AuthorGaurav Raghuvanshi
Investor aversion and strained government finances could complicate the capital plans for some Indian banks, particularly state-owned ones, after the central bank's latest stress tests indicate that some lenders' capital could fall below minimum regulatory requirements this year in the aftermath of the coronavirus pandemic.
As forbearance...
