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Kotak Mahindra subsidiary exits outsourcing firm Matrix Business Services

Finance

26 April, 2019

Kotak Mahindra subsidiary exits outsourcing firm Matrix Business Services

Kotak Mahindra Investments Ltd (KMIL), a wholly-owned real estate and corporate financing subsidiary of Kotak Mahindra Bank, has sold its ......

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Former Kotak executive floats realty investment fund

Finance

23 April, 2019

Former Kotak executive floats realty investment fund

A Mumbai-based investment banking firm has launched its maiden real estate-focused fund at a time when non-banking financial companies (NBFCs) ......

Stressed assets this week: Spotlight turns on Jet Airways, Gitanjali Gems

General

18 April, 2019

Stressed assets this week: Spotlight turns on Jet Airways, Gitanjali Gems

Since the Insolvency and Bankruptcy Code (IBC) was passed in 2016, a little over Rs 1.42 lakh crore of claims ......

Ballarpur Industries unit dragged to bankruptcy court for second time

Manufacturing

17 April, 2019

Ballarpur Industries unit dragged to bankruptcy court for second time

Kotak Mahindra Bank has dragged BILT Graphic Paper Products Ltd to the bankruptcy court after the unit of Avantha group-promoted ......

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Kotak Family Office hires top industry executive to lead PE division

Finance

28 March, 2019

Kotak Family Office hires top industry executive to lead PE division

The family office of private-sector lender Kotak Mahindra Bank has appointed a top executive from a domestic private equity firm ......

Actis may sell Super-Max stake after dispute with founders; Quadria, DEG to exit Medica

General

26 March, 2019

Actis may sell Super-Max stake after dispute with founders; Quadria, DEG to exit Medica

Amid a legal battle with the founders of Super-Max, British private equity firm Actis has hired Morgan Stanley to sell ......

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How the profile of India's billion-dollar valuation firms changed in past decade

Markets

08 March, 2019

How the profile of India's billion-dollar valuation firms changed in past decade

Ten years ago, this week, the Indian stock market bottomed out after the carnage from the collapse of Lehman Brothers. ......

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Kotak PE rules out new infra fund, may make fresh bets via stressed assets vertical

Finance

06 March, 2019

Kotak PE rules out new infra fund, may make fresh bets via stressed assets vertical

Kotak Investment Advisors Ltd has fully invested its infrastructure fund and plans to make fresh bets on the sector through ......

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Kotak gets $500 mn commitment from SWF for stressed assets fund

Finance

28 February, 2019

Kotak gets $500 mn commitment from SWF for stressed assets fund

Kotak Investment Advisors Ltd has floated a fund to invest in stressed assets and received a commitment of $500 million ......

ING Group fully exits Kotak Mahindra Bank

Finance

22 February, 2019

ING Group fully exits Kotak Mahindra Bank

Dutch financial services firm ING Group on Friday sold its remaining stake in Kotak Mahindra Bank Ltd, India’s fourth-largest private-sector ......