Budget 2020: Biocon boss wants a 'globally competitive' India; Uday Kotak, Harsh Mariwala remain optimistic
India Inc bosses want India to at...
Uday Kotak feels bankers need humility to make it big
The Kotak Mahindra Bank MD credits his middle-class values for personal and professiona...
In finance, the fittest and best governed will survive: Uday Kotak
"It is a great opportunity for Kotak to grow in an environment which is co...
Consolidating environment presents growth opportunities for Kotak Mahindra Bank: Uday Kotak
In a New Year message to employees, Kotak urged e...
First Kotak Capital Management Finance Ltd (which later became Kotak Mahindra Finance Ltd), and then with Kotak Mahindra Finance Ltd, Kotak became the first non-banking finance company in India's corporate history to be converted into a bank. Over the years, Kotak Mahindra Group grew into several areas like stock broking and investment banking to car finance, life insurance and mutual funds. He is married and has two children.
IL&FS 'test case' for group resolution: Uday Kotak
Addressing the 32nd AGM of the group, Kotak said the absence of requisite legal framework for group resolution under Insolvency and Bankruptcy Code (IBC) required the new board to propose the 'first-of-its-kind" resolution framework that balanced interest of stakeholders across classes and levels, while keeping broad principles of corporate finance in mind.
IL&FS plans equitable distribution of sale proceeds to creditors
Uday Kotak-led board has also proposed to release 55 group firms from moratorium
IL&FS board proposes distribution framework for group resolution
It has proposed to release 55 companies from the moratorium. Some of these are under IBC process.
Bombay High Court will hear Kotak Bank’s plea against RBI on March 6
“Due to paucity of time the matter is adjourned to March 6,” said the division bench in its order, further adding, “In case any ad-interim/interim relief is operating till today, the said order will continue to operate till the next date. If ad-interim/interim relief is not granted for a limited period, the said order will remain unaffected.”
Industry chiefs seek faster approvals, labour reforms in meeting with CM
The meeting, a first after Shiv Sena chief Uddhav Thackeray became the Chief Minister of the state, saw industrialists like Mukesh Ambani, Ratan Tata, Adi Godrej, Anand Mahindra, bankers such as Deepak Parekh and Uday Kotak speaking on the steps required to give a boost to state’s growth.
Over 200 big companies yet to split Chairman, MD roles
RIL is among 500 listed cos that are yet to comply with Sebi rule on splitting chairperson & MD role.
Indian business is going through cleansing and purging: Uday Kotak
We are going through a cleansing and a purging process. Business in India happened in a particular manner for a long time and the rules of the game were different. The rules have changed now. Business in general has taken a little longer to recognise the new rules of the game and it is moving towards survival of the fittest.
India in a classic Darwinian mode of survival of the fittest: Uday Kotak
We are at a time where clean business and governance is coming to the fore, Kotak said.
Uday Kotak at IEC: India in a classic Darwinian mode of survival of the fittest
"Clean business and high governance coming to the fore; to be respected by markets", says Uday Kotak, MD & CEO, Kotak Mahindra Bank while sp...
Uday Kotak at IEC: 3 main qualities of banking are prudence, simplicity and authenticity
"Middle class values and common sense have brought me to this level. The 3 main qualities of banking are prudence, simplicity and authentici...
N Chandra’s start-up tip: Entrepreneurship isn’t only about creating unicorns, but adding jobs, improving life quality
The Tata Sons chairman also addressed fear of failure.
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