News for 'Kotak Mahindra'

Sensex, Nifty settle marginally lower in volatile trade

Sensex, Nifty settle marginally lower in volatile trade

Rediff.com12 Aug 2024

From 30 Sensex firms, Adani Ports, NTPC, Power Grid, State Bank of India, Nestle, Mahindra & Mahindra, Reliance Industries and Tata Consultancy Services were the biggest laggards. Axis Bank, Infosys, JSW Steel, Tata Motors, HDFC Bank and Kotak Mahindra Bank were among the gainers from the blue-chip pack.

Kotak MF launches new scheme

Kotak MF launches new scheme

Rediff.com26 Apr 2006

FMCG, telecom and select IT shares help markets touch record highs

FMCG, telecom and select IT shares help markets touch record highs

Rediff.com16 Jul 2024

Among Sensex shares, Hindustan Unilever, Bharti Airtel, Tech Mahindra, Infosys, Mahindra & Mahindra, ICICI Bank, ITC and Asian Paints were the biggest winners. On the other hand, Kotak Mahindra Bank, Reliance Industries, NTPC, UltraTech Cement and Power Grid were among the laggards.

Sensex surges 378 points; bank, finance stocks spurt

Sensex surges 378 points; bank, finance stocks spurt

Rediff.com20 Aug 2024

Among the 30 Sensex firms, Bajaj Finserv, IndusInd Bank, Tech Mahindra, Bajaj Finance, Kotak Mahindra Bank, Axis Bank, NTPC, and Sun Pharma were the major gainers. On the other hand, Bharti Airtel, ITC, Adani Ports, JSW Steel and Tata Motors were among the laggards.

Kotak MD warns India against takeover exuberance

Kotak MD warns India against takeover exuberance

Rediff.com7 Jul 2008

While noting few top persons have dared to question the ambitions of the country's MNCs, the daily quoted Kotak as saying that he was worried about corporate India's over-reach amid a period of global financial turmoil. Indian companies announced an estimated 240 outbound M&A deals in 2007 worth more than 32 billion dollars, up from less than 200 deals worth less than $10 billion in 2006 and not even $5 billion in 2005.

Sensex, Nifty end in red on profit booking; HDFC Bank, ICICI drag

Sensex, Nifty end in red on profit booking; HDFC Bank, ICICI drag

Rediff.com27 Sep 2024

From the 30 Sensex firms, Power Grid, ICICI Bank, Bharti Airtel, HDFC Bank, Kotak Mahindra Bank, Larsen & Toubro, Adani Ports and UltraTech Cement were among the laggards. Sun Pharma, Reliance Industries, Titan, HCL Technologies and Bajaj Finserv were among the biggest gainers.

Sensex falls 200 pts due to selling in FMCG, PSB stocks

Sensex falls 200 pts due to selling in FMCG, PSB stocks

Rediff.com9 Dec 2024

From the 30-share pack, Hindustan Unilever, Tata Motors, Axis Bank, Nestle India, Asian Paints, ITC, Reliance Industries, Mahindra & Mahindra, IndusInd Bank and State Bank of India were among the laggards. Larsen & Toubro, Tata Steel, JSW Steel, HDFC Bank, Adani Ports, Kotak Mahindra Bank, Bharti Airtel and PowerGrid were among the gainers.

Stock markets close lower on fag-end selling in banking, IT shares

Stock markets close lower on fag-end selling in banking, IT shares

Rediff.com30 Apr 2024

From the Sensex basket, Tech Mahindra, Tata Steel, JSW Steel, HCL Technologies, Tata Consultancy Services, Larsen & Toubro and Kotak Mahindra Bank were the biggest laggards. Mahindra & Mahindra, Power Grid, Bajaj Finance, IndusInd Bank and Maruti were the major gainers.

Markets rebound on heavy buying in RIL, HDFC Bank

Markets rebound on heavy buying in RIL, HDFC Bank

Rediff.com27 Mar 2024

Maruti, Bajaj Finance, Titan, Kotak Mahindra Bank, HDFC Bank, IndusInd Bank, Mahindra & Mahindra and Larsen & Toubro were among the major gainers. Wipro, HCL Technologies, Nestle, Tata Consultancy Services and Tata Motors were among the laggards.

IT stocks push Sensex by 74 points; Nifty hits lifetime high

IT stocks push Sensex by 74 points; Nifty hits lifetime high

Rediff.com28 Aug 2024

Among the 30 Sensex firms, Bharti Airtel, Infosys, IndusInd Bank, Sun Pharma, Tech Mahindra, Mahindra & Mahindra, Bajaj Finance and JSW Steel were the biggest gainers. Asian Paints, Maruti, Nestle, Kotak Mahindra Bank, Axis Bank and UltraTech Cement were among the laggards.

Sensex, Nifty close lower on selling in Reliance, spike in retail inflation

Sensex, Nifty close lower on selling in Reliance, spike in retail inflation

Rediff.com15 Oct 2024

From the 30 Sensex firms, Bajaj Finance, Reliance Industries, Tata Steel, JSW Steel, Tech Mahindra, Tata Motors, Kotak Mahindra Bank and Maruti were the biggest laggards. Reliance Industries Ltd, India's most valuable company, on Monday reported a 5 per cent fall in the July-September quarter net profit as weak oil refining and petrochemical business hurt operational performance. ICICI Bank, Bharti Airtel, Asian Paints, Adani Ports, UltraTech Cement and HCL Technologies were among the gainers.

Sensex, Nifty hit record highs on US Fed rate cut; banks lead gains

Sensex, Nifty hit record highs on US Fed rate cut; banks lead gains

Rediff.com19 Sep 2024

From the 30 Sensex firms, NTPC, Nestle, Titan, Kotak Mahindra Bank, Maruti, Hindustan Unilever, Bharti Airtel and HDFC Bank were the biggest gainers. HCL Technologies, Tata Consultancy Services, Adani Ports, Larsen & Toubro, JSW Steel, State Bank of India, Tech Mahindra and Bajaj Finance were among the laggards from the pack.

Sensex, Nifty settle flat after hitting fresh all-time highs

Sensex, Nifty settle flat after hitting fresh all-time highs

Rediff.com29 Jul 2024

From the Sensex pack, Larsen & Toubro, Bajaj Finserv, Mahindra & Mahindra, UltraTech Cement, State Bank of India, IndusInd Bank, Reliance Industries and Sun Pharma were among the biggest gainers. Bharti Airtel, Titan, ITC, Kotak Mahindra Bank, Tech Mahindra and HDFC Bank were among the laggards.

Achche din is here for stakeholders and investors: Uday Kotak

Achche din is here for stakeholders and investors: Uday Kotak

Rediff.com21 Nov 2014

There is no immediate plan, either in terms of employees or branches, said Uday Kotak on the merger deal.

Kotak buys Barclays' stressed credit card portfolio

Kotak buys Barclays' stressed credit card portfolio

Rediff.com1 Feb 2012

Kotak Mahindra Bank has acquired the non-performing portfolio of Barclays Bank's credit card business in India. The deal, experts said, gives momentum to the sale of stressed loan market in the country which has been having a dry run following stringent regulatory norms introduced in 2007.

Markets @ record high on buying in IT stocks

Markets @ record high on buying in IT stocks

Rediff.com12 Jul 2024

Among the Sensex pack, Tata Consultancy Services climbed nearly 7 per cent after the country's largest IT services player reported 8.7 per cent growth for the June quarter net profit at Rs 12,040 crore. Infosys, HCL Technologies, Tech Mahindra, Axis Bank, Reliance Industries, JSW Steel, Bajaj Finance and Larsen & Toubro were the other major gainers. Maruti, Asian Paints, Titan, Kotak Mahindra Bank, Bharti Airtel and ICICI Bank were among the laggards.

Sensex slumps over 400 pts on selloff in IT, banking stocks

Sensex slumps over 400 pts on selloff in IT, banking stocks

Rediff.com17 Jan 2025

Zomato emerged as the biggest gainer, followed by Reliance, Nestle, Asian Paints and Power Grid.

Markets stage strong comeback; Sensex jumps 843 points

Markets stage strong comeback; Sensex jumps 843 points

Rediff.com13 Dec 2024

Among the 30-share Sensex blue-chip pack, Bharti Airtel, ITC, Kotak Mahindra Bank, Hindustan Unilever, Titan, UltraTech Cement, HCL Technologies, and Power Grid, were the biggest gainers. Tata Steel, IndusInd Bank, JSW Steel and Bajaj Finserv were the laggards.

Kotak gets FMC nod for commodity exchange

Kotak gets FMC nod for commodity exchange

Rediff.com15 May 2009

The Kotak group is set to launch the country's fifth national commodity exchange, in association with the Ahmedabad Commodity Exchange (ACE), in which it is picking up a majority equity stake as an anchor investor.

Kotak buys 10% in Paramount Airways

Kotak buys 10% in Paramount Airways

Rediff.com28 Nov 2005

Sensex, Nifty climb on firm trend in global markets

Sensex, Nifty climb on firm trend in global markets

Rediff.com24 Apr 2024

From the Sensex basket, JSW Steel, Tata Steel, Power Grid, Kotak Mahindra Bank, UltraTech Cement, NTPC and Bajaj Finance were the major gainers. Tata Consultancy Services, Tech Mahindra, Maruti, Reliance Industries and Titan were among the laggards.

Employee Grievances Rise In Top Firms

Employee Grievances Rise In Top Firms

Rediff.com4 Nov 2024

Data collated for 47 BSE50 companies (as of H1FY25) shows employees and workers filed 8,468 such complaints in FY24.

Tough Time Ahead for Banking Sector?

Tough Time Ahead for Banking Sector?

Rediff.com5 Mar 2025

Net NPAs increased to Rs 36,260 crore in the December quarter from Rs 34,843 crore in September and Rs 33,116 crore in December 2023, observes Tamal Bandyopadhyay.

Sensex gains 36 points; Nifty ends in red

Sensex gains 36 points; Nifty ends in red

Rediff.com19 Jun 2024

Among the 30 Sensex companies, Axis Bank, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, IndusInd Bank, State Bank of India, Infosys, Wipro, Tech Mahindra and HCL Technologies were the gainers. On the other hand, Titan, Maruti, Bharti Airtel, Larsen & Toubro, NTPC, Reliance Industries, Bajaj Finance and Power Grid were among the laggards.

Sensex scales Mount 83K, Nifty at lifetime high

Sensex scales Mount 83K, Nifty at lifetime high

Rediff.com12 Sep 2024

Benchmark Sensex hit the historic 83,000 level for the first time on Thursday and the Nifty settled at a lifetime high after a rally in blue-chip shares, surge in global markets and foreign fund inflows. A sharp fag-end rally drove the 30-share BSE Sensex to the 83,000 level for the first time. The barometer surged 1,593.03 points or 1.95 per cent to hit its lifetime intra-day peak of 83,116.19 in the last hour of trade.

Kotak Bank cuts base rate by 0.15%

Kotak Bank cuts base rate by 0.15%

Rediff.com13 Apr 2015

Kotak announced a 0.15 per cent cut in base rate to 9.85 per cent.

Kotak gets CCI nod to buy ING Vysya bank

Kotak gets CCI nod to buy ING Vysya bank

Rediff.com20 Feb 2015

The deal is the first major bank takeover in 4 years

How the markets will fare this week

How the markets will fare this week

Rediff.com20 Oct 2024

Quarterly earnings from corporates, global trends, and trading activity of foreign investors will guide market sentiment this week, analysts said, adding that benchmark indices may face volatile trends. "The upcoming release of Q2 results will be closely watched, providing insights into corporate performance. "Meanwhile, the escalating tensions between Israel and Iran introduce a significant geopolitical risk, potentially leading to increased oil prices and market volatility.

Sensex ends above 85,000, Nifty scales 26K

Sensex ends above 85,000, Nifty scales 26K

Rediff.com25 Sep 2024

Benchmark Sensex closed above the 85,000 level for the first time while Nifty scaled the 26,000 peak at close on Wednesday as fag-end buying in banking and power shares helped stock markets recoup early losses. After a see-saw trade during the day, the 30-share BSE Sensex rose by 255.83 points or 0.30 per cent to settle at an all-time high of 85,169.87. During the day, it surged 333.38 points or 0.39 per cent to hit a record intra-day peak of 85,247.42.

Halting trade in Satyam, a tough call: Kotak

Halting trade in Satyam, a tough call: Kotak

Rediff.com9 Jan 2009

Kotak Mahindra Group MD Uday Kotak on Friday said it will be tough for stock exchanges to decide whether to stop trading in the Satyam scrip, which has fallen by over 95 per cent in a matter of two days' trading on the NSE.

BSE, NSE end in red after hitting fresh lifetime highs

BSE, NSE end in red after hitting fresh lifetime highs

Rediff.com2 Jul 2024

Among the Sensex pack, Kotak Mahindra Bank, Bharti Airtel, IndusInd Bank, Tata Motors, ICICI Bank, Bajaj Finance, State Bank of India and Titan were the biggest laggards. Larsen & Toubro, Infosys, HDFC Bank, Tata Consultancy Services, HCL Technologies and Tata Steel were the biggest gainers.

Equity MF inflows grew 14% in Dec; small and mid-cap fund bets at record highs

Equity MF inflows grew 14% in Dec; small and mid-cap fund bets at record highs

Rediff.com9 Jan 2025

Inflows into mutual funds' equity schemes increased by over 14 per cent on-month to Rs 41,156 crore in December, even as market volatilities continued. The small and midcap schemes of mutual funds continued to attract investor interest with inflows touching record highs during the month, despite the concerns being expressed about the two segments for the risk they portend, industry body Amfi said.

Sensex jumps 496 points; ICICI, Airtel major movers

Sensex jumps 496 points; ICICI, Airtel major movers

Rediff.com19 Jan 2024

Among the Sensex firms, Bharti Airtel, NTPC, Tech Mahindra, Mahindra & Mahindra, Tata Steel, UltraTech Cement, Titan, Axis Bank, JSW Steel and Larsen & Toubro were the major gainers. IndusInd Bank, Kotak Mahindra Bank, HDFC Bank and State Bank of India were the laggards.

Japan's Sumitomo to buy 4.5% in Kotak Bank

Japan's Sumitomo to buy 4.5% in Kotak Bank

Rediff.com30 Jun 2010

Japan's Sumitomo Mitsui Banking Corporation on Wednesday announced that it would invest Rs 1,366 crore (Rs 13.66 billion) for a 4.5 per cent stake in private sector lender Kotak Mahindra Bank.

Hyundai's IPO subscribed 2.37 times on final day

Hyundai's IPO subscribed 2.37 times on final day

Rediff.com17 Oct 2024

The initial public offer of Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, got subscribed 2.37 times on the third day of the bidding on Thursday, helped by institutional buyers. This is the largest IPO in the country, surpassing LIC's initial share sale of Rs 21,000 crore. The Rs 27,870 crore initial share sale got bids for 23,63,26,937 shares against 9,97,69,810 shares on offer, translating into 2.37 times subscription, as per NSE data.

Sensex ends down 220 points in volatile trade

Sensex ends down 220 points in volatile trade

Rediff.com28 May 2024

From the Sensex firms, Power Grid, NTPC, Tech Mahindra, Bharti Airtel, Tata Motors, IndusInd Bank, Reliance Industries, Kotak Mahindra Bank and Maruti were among the laggards. Asian Paints, Wipro, JSW Steel, Hindustan Unilever, Bajaj Finserv and Mahindra & Mahindra were among the biggest gainers.

RBI cuts rate by 25 bps to 6%; home, auto loans to get cheaper

RBI cuts rate by 25 bps to 6%; home, auto loans to get cheaper

Rediff.com9 Apr 2025

The RBI on Wednesday slashed key interest rate by 25 basis points, for the second time in a row, to support a shuttering economy hit by reciprocal tariffs imposed by the US. Following the rate cut, the key policy rate eased to 6 per cent providing relief to home, auto and corporate loan borrowers.

Markets fall on selling in banking shares, STT hike

Markets fall on selling in banking shares, STT hike

Rediff.com24 Jul 2024

Benchmark BSE Sensex declined for the fourth day in a row on Wednesday due to selling in financial and banking shares and the government's move to hike securities transaction tax and short term capital gains tax. The 30-share BSE Sensex declined 280.16 points or 0.35 per cent to settle at 80,148.88 with 19 of its components closing lower and 11 with gains. During the day, it tumbled 678.53 points or 0.84 per cent to 79,750.51.