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Latest Articles in Uday Kotak

A Grand Slam By An Ace

Our cover story in this issue is a deep dive into the ‘Jio Effect’, the blurring of the lines between telecom, content and social platforms and the overall impact the phenomenon has on India’s business and economic landscape.

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Every Business Will Have to Re-define Itself: Uday Kotak, CII President

In an exclusive interaction with BW Businessworld, seasoned banker Uday Kotak, who is now the new President of the Confederation of Indian Industry (CII) for 2020-21 in its 125th year, says every business will need to redefine itself in the Covid times and that it is the right time to ‘reset India’.

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CII Outlines 10-Point Roadmap To Target Inclusive And Sustainable Growth

CII's new theme for 2020-21 'Building India for a New World: Growth, Lives, Livelihood' was unveiled by newly-elected President Uday Kotak at a press conference held on a virtual platform on Thursday.

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Banking Sector Needs Recapitalisation Of Rs 4 Lakh Crore: Uday Kotak

State Bank of India (SBI) Chairman Rajnish Kumar said the country needs to invest heavily in agriculture and infrastructure sectors.

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Sensex Jumps 522 Points, Nifty Just Shy Of 10,000 Mark

BSE S&P Sensex closed 522 points or 1.57 per cent higher at 33,826 while the Nifty 50 edged higher by 153 points or 1.56 per cent at 9,979.

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Kotak Mahindra Bank To Issue 6.5 Crore Equity Shares

The Reserve Bank of India (RBI) granted final approval on the dilution of promoters' shareholding in the bank.

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RBI Clears Plan For Dilution Of Promoters' Shareholding In Kotak Mahindra Bank

The central bank said that after the stake reduction, the promoters will not purchase any further paid-up voting equity shares of the bank till the percentage of their shareholding reached 15 per cent of the bank or such higher percentage as may be permitted by the RBI in future.

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Bill Gates Is Someone I Am Inspired By: Ritesh Agarwal, Founder and CEO, OYO Rooms

In a free-wheeling interview with Annurag Batra, Chairman and Editor-in-Chief, BW Businessworld, Ritesh Agarwal, Founder and CEO, OYO Rooms talks about the future of OYO Rooms, his perception of being an Indian and more.

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Indian Economy To Make Gradual Recovery By Next Fiscal: CII President

"Just like our medium-term inflation target range, we can have a Flexible Fiscal Policy target which will set a central target for the fiscal deficit with a range of around 0.5 per cent to 0.75 per cent."

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Kotak Mahindra Bank Best Suited To Acquire Yes Bank

I think Uday (Kotak) is the best candidate to acquire Yes bank. You need deep pockets, Uday has that, said SBI's, Rajnish Kumar.

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Kotak Mahindra Bank Denies Any Action From PMO; Says It's Routine Process

Kotak clarified that it’s a routine process for the PMO to direct a grievance on banking and financial matters to the Finance Ministry with a remark - “to look into the matter and take appropriate action”

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PMO Directs Finance Ministry To Take Action Against Kotak Mahindra Bank MD And CEO

PMO has asked Secretary, Department of Financial Services (Banking Division) to take appropriate action into the allegations of criminal conspiracy and illegal activities.

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Mukesh Ambani Richest Indian With Net Worth Of Rs 3,80,700 Cr: Report

London-based SP Hinduja and family, with assets worth Rs 1,86,500 crore, retained the second rank in the list.

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The Two-Track Indian Economy

There is of course a fifth element – the shadow economy, better known as the informal economy.

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Industry, Market Cheer Slashing Of Corporate Tax Rate

Corporate tax rate cut from 30 pc to 25.2 pc to spur growth- this is a great move which will firmly revive growth and investment.

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