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Latest Articles in Uday Kotak

India’s Sustainable Inclusive Economy of Scale

As India gets set to meet its Net Zero 2070 goals, much of the actual feet-on-field efforts have to come from Corporate India. Currently #ESG is a hashtag for stakeholders, excluding a few outliers. We need proactive policies that demand ESG positivity, and yet not ESG shame. The markets will reward those who adopt these in true spirit and measure. With a sixth of the world on its shores, India has no option, but to adopt ESG

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BharatPe To Overhaul Governance Framework, Sack Several Employees

BharatPe said it was introducing a new vendor procurement policy to mitigate any risk of employees indulging in suspicious transactions to enrich themselves, adding that it has terminated the services of several employees in departments who were directly involved with blocked vendors

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Indian Oil Exploring Option To Acquire Paradip Water Supply Project From IL&FS

IL&FS Paradip Refinery Water Limited (IPRWL) was set up to meet the entire water requirement of the 15 MTPA Paradip Refinery Project developed by IOC in Odisha

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Sebi Makes Provision Of Separation of Chairperson And MD/CEO Roles Voluntary

The Uday Kotak Committee, setup in June 2017 had recommended the separation of the roles of chairperson and MD/CEO of listed companies

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Policymakers Need To Avoid One-upmanship While Writing Rules: Uday Kotak

"Governance is not just about what is put in place, it is about the state of mind, about a genuine belief that we must grow on a principle of doing the right things without giving up the core objective of business which is enterprise, creativity, professionalism and growth," he said.

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PM Narendra Modi Meets India Inc For Budget Inputs

The upcoming Budget would focus on accelerating growth hit by the COVID-19 pandemic.

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Indian Banks Behind The Curve On Payments: Uday Kotak

Therefore, it's a wake-up call for Indian banking, he said: Wake up, you will see large parts of the traditional financial markets move out.

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Uday Kotak Slams Twitter User, Who Blamed Him For Incorrect Pricing Of Paytm IPO

Kotak Mahindra Bank, already issued a clarification after a Twitter user accused him of incorrectly pricing the Paytm IPO.

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$4.1-Bn Godrej Group Is Headed For A Family Split: Report

The group is led by veteran industrialist Adi Godrej (79), who is its chairman. His brother Nadir Godrej is the chairman of Godrej Industries as well as Godrej Agrovet.

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Forbes India Rich List 2021: Mukesh Ambani Retains First Spot

This makes it the 14th year in a row since 2008 that Ambani has been named the wealthiest man in the entire country.

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Govt Extends Uday Kotak''s Term As IL&FS Chairman By 6 Months

The government through a gazette notification extended the term of Kotak, who is also the managing director and chief executive officer of Kotak Mahindra Bank, till April 2, 2022.

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Be Upfront In Recognising Stress, Don't Kick Can Down The Road: Uday Kotak To Banks

The comments come at a time when the pandemic has triggered concerns around the asset quality, but the RBI has expressed some relief after seeing lower than expected impairments.

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Kotak Pitches For Fiscal Package To Deal With COVID-19 Impact

The government had announced the Rs 3-lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) as part of the Atmanirbhar Bharat package.

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RBI Gives Relief To Small Borrowers, Loans To Vaccine Makers, Hospitals

India added 3,82,315 virus cases over the last 24 hours to reach a total of 2.06 crore, while death toll rose by a record 3,780 to 226,188

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RBI Announces Loan Recast For Individuals, Small Biz; Fresh Lending To Vaccine Makers, Hospitals

RBI will buy Rs 35,000 crore of bonds under Government Securities Acquisition Programme (G-SAP) -- India's version of quantitative easing -- on May 20.

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