Search Results for: Kotak Mahindra

Who was Vikram Kirloskar; Toyota Kirloskar Motor Vice Chairman passes away [reactions]

In shocking news, Vice Chairman of Toyota Kirloskar Motor Vikram Kirloskar died Tuesday aged 64. He suffered a heart attack.

Nov 30, 2022

RBI's pilot project on digital rupee to be launched on Dec 1; see cities, banks part of launch

The first phase will begin with four banks namely State Bank of India, ICICI Bank, Yes Bank and IDFC First Bank in four cities across the country.

Nov 29, 2022

Economy: Happy days now, but challenging times ahead for public sector banks

Arbitrage between the lending and deposit rates, higher credit demand, and lower loan provisions resulted in public sector banks (PSB) posting handsome profits during Q2FY23 and H1FY23, say experts.

Nov 19, 2022

Six months jail for a Srinagar man for making illegal modifications to his 'Thar' jeep [details]

Earlier in May this year, a Srinagar man was fined Rs 5,000 for modifying his Thar jeep

Nov 19, 2022

Reserve Bank of India to launch digital rupee pilot project today

The Reserve Bank of India (RBI) will today launch the nation's first digital rupee pilot project for the wholesale segment.

Nov 1, 2022

Health Byte: Tobacco consumption causes osteoporosis, say experts

According to medical experts, prolonged tobacco consumption reduces bones' ability to maintain and repair and they get weak and prone to fractures, especially those above 40 years of age.

Oct 20, 2022

Formula E race in Hyderabad on February 2023

Formula E race Hyderabad E-Prix to kick off in February 2023, 11 teams to participate

The event will see 22 drivers from 11 teams including Team Mahindra to fight it out for the victory around the Hyderabad Street Circuit.

Oct 8, 2022

Major IT giants revoke offer letters in India as recession scare looms

In August, India's inflation hit 7 percent, continuing an eight-month streak exceeding the central bank's tolerance targets

Oct 5, 2022

Shaktikanta Das, Governor, Reserve Bank of India

RBI not to stop repo rate hike, next expected to be 35 bps to reach 6.25%: Kotak report

RBI is expected to hike the repo rate by another 35 basis points (bps) to 6.25 per cent in December 2022, says Kotak report

Oct 4, 2022

After Alibaba fiasco, SoftBank plans to cut 30% of Vision Fund staff: Report

Bloomberg reported that the company has started briefing some employees -- around 150 -- about being laid off. The SoftBank Vision Fund unit had about 500 employees as last reported.

Sep 30, 2022

Sensex, Nifty wriggle out, show early positive trends

The benchmark indices ended lower on Wednesday with Sensex falling more than 500 points, and Nifty ending over 140 points down.

Sep 29, 2022

Interpol issues Red Notice for crypto firm Terraform founder Do Kwon

The request came after Singapore's police said that Kwon was not in the city state, where prosecutors had believed he was residing, reports Yonhap news agency.

Sep 26, 2022

RBI asks Mahindra Financial services to cease immediately from using recovery agents

In other words, the company was directed not to use services of any outside agency for loan recovery purpos

Sep 23, 2022

Sensex falls sharply by 600 points, Indian Rupee weakens to Rs.80.71

Sensex falls sharply by 600 points, and Indian Rupee weakens to Rs.80.71, lowest level in 20 years