Search Results for: Kotak Mahindra

Tight liquidity condition, low demand hit auto sales

As per Maruti Suzuki India's monthly sales figures, a total of 128,338 units were sold last month, compared to 130,066 units' off-take recorded during the corresponding period of the last financial year.

Feb 2, 2019

Banks sell bad debt at fire sale prices; it isn't good news for Modi

This development is bad news for Prime Minister Narendra Modi, who is keen to get banks lending more to stimulate the economy and create more jobs ahead of an election due by May this year.

Jan 28, 2019

ITC drags markets; Sensex ends 336 points lower

The Indian rupee gains 17 paise to trade at 71.27 against the US dollar, providing some support to the overall dismal sentiment.

Jan 23, 2019

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Kotak Mahindra Bank Q3 net rises 23%, marks fastest pace in 6 quarters

Kotak Mahindra Bank's ledgers were helped by higher interest income as well as write-back of provisions.

Jan 21, 2019

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CCD aficionados await a better brew after Siddhartha's MindTree pullout

A restructuring could help coffee chain focus on core business and expand to new geographies boosting share price discovery.

Jan 21, 2019

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Budget expectations, Q3 results to guide Indian equities

The NSE Midcap Index has closed at a five-week low and is beginning to witness broad-based selling. Nifty on the other hand has been able to eke out gains based on a select few bluechip stocks.

Jan 20, 2019

Sensex weekly gain at 378 pts; Reliance up 4.5% on day, Sun Pharma down 9%

Sun Pharma was the top loser, cracking 8.58 percent, on reports of fresh allegations by a whistleblower against the company.

Jan 18, 2019

Mindtree tempers earnings commentary even as profits jump 35%

IT company Mindtree's revenues rise 29.7 per cent amid suggesting the firm has diversified its client base that will help improve the earnings in the final quarter.

Jan 17, 2019

Yes Bank shares rise 5% on reports that Deutsche Bank India head leads CEO race

In September, the RBI decreed that Rana Kapoor cannot stay at the helm beyond January 31, and rejected subsequent appeals for revising of the decision. Kapoor's three-year term had expired on August 31.

Jan 15, 2019

Tata Nano at manufacturing plant in Gujarat

Lower IIP numbers may temper Modi government's GDP estimate

November IIP numbers indicate a more-than-expected contraction of growth in consumption and investments clouding GDP growth rate in FY19.

Jan 14, 2019

NSE trading norms violation worsens with alleged role for more brokerage houses

Audits show 62 trading firms may have benefited from fraudulent use of algorithm trading by gaining unfair access to NSE servers

Jan 11, 2019

Eveready, one of India's oldest brands, up for sale; shares zoom 18%

Eveready says it has over 50 percent market share in India's batteries segment and holds 75 percent of the country's organised flashlights market.

Jan 11, 2019

Yes Bank finalises names for top posts as deadline looms

Yes Bank had submitted the names to Reserve Bank of India and said that it will disclose the candidates upon the RBI's approval.

Jan 10, 2019

Zerodha becomes top broker in India; upstages established houses

New-age, tech-driven Zerodha pioneered discount pricing to successfully accumulate 8.47 lakh retail clients