Kotak Mahindra gets banking licence

The Reserve Bank of Indiaon Thursday issued a banking licence to Kotak Mahindra Finance Ltd. This sets the stage for the birth of a new private sector bank after a gap of seven-and-a-half years.The......

Kotak Mahindra Q3 net at Rs 11.29 cr

Kotak Mahindra Finance Ltd has posted a net profit of Rs 112.92 million for the quarter ended December 31, 2002 as compared to a net profit of Rs 108.34 million in the corresponding period last......

Sensex, Nifty hit fresh highs in early trade

Equity benchmark indices Sensex and Nifty hit their fresh all-time highs in early trade on Monday as investors' sentiment turned positive after India's economy grew at a higher-than-expected 8.2......

Sensex tanks 610 pts; Nifty slips below 26K

Equity benchmark indices Sensex and Nifty nosedived on Monday after two consecutive days of gains, as investors rushed to take profits amid the unabated selling of stocks by foreign investors.......