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Money laundering scam turns out murkier than expected

The banks used for the fraud include ING Vysya Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, IndusInd Bank, Dhanlaxmi Bank, YES Bank and DCB Bank. The trade-related money laundering scam,......

Markets end flat; Kotak Mahindra Bank, Vedanta surge over 6%

Benchmark share indices ended flat, amid a volatile trading session, as gains in ONGC and Kotak Mahindra Bank shares helped offset most of the losses. Further, the sharp fall in Chinese stocks also......

Kotak Bank cuts base rate by 0.15%

Private sector lender Kotak Mahindra Bank on Monday joined its larger rivals and announced a 0.15 per cent cut in base rate to 9.85 per cent. "We have reduced our base rate from the current level......

Kotak gets CCI nod to buy ING Vysya bank

India's antitrust regulator has approved Kotak Mahindra Bank's record $2.4 billion purchase of ING Vysya, it said in an order published on Friday. Kotak had announced its plan to buy ING Vysaya in......

Kotak-ING Vysya merger gets shareholders' approval

Private sector Kotak Mahindra Bank has secured its shareholders' approval for amalgamation of Bengaluru-based ING Vysya Bank with itself. In November, Kotak Mahindra Bank had announced the buyout......
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By Shantanu Guha Ray | Posted 18 minutes ago Sources said the statements of the FIIs will help conclusively prove how much money Peter and... ...
The Motive Behind Sheena Bora's Murder is Money, Says CBI

NEW DELHI: Media baron Peter Mukerjea was brought to the capital on Tuesday and questioned by the CBI on financial deals seen as a possible motive... ...
Pension fund managers to be appointed for open-ended term

The Pension Fund Regulatory and Development Authority (PFRDA) is likely to appoint fund managers for an open-ended term, against a three-year... ...
DoD to select 5 merchant bankers for CIL stake sale on Nov 26

06:40 pm New Delhi: The Disinvestment Department will on Thursday shortlist five merchant bankers for ma aging the Rs 21,000 crore stake sale in... ...
Disinvestment Department to select 5 merchant bankers for Coal India stake sale on Nov 26

As many as seven merchant bankers, including SBI Capital, HSBC Securities and J M Financial, have bid for managing the government's 10% share sale... ...

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