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Latest Articles in Uday Kotak

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.

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

Dr. Annurag Batra

Companies & Markets Sector Reports Hospitality

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.

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

BW Online Bureau

Economy India

"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."

Kotak Mahindra Bank Best Suited To Acquire Yes Bank

BW Online Bureau

Banking & Finance Banking

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

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

BW Online Bureau

Banking & Finance Banking

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”

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

BW Online Bureau

More Press Release

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

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

BW Online Bureau

Companies & Markets Sector Reports

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

The Two-Track Indian Economy

Minhaz Merchant

Opinion Columns

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

Industry, Market Cheer Slashing Of Corporate Tax Rate

BW Online Bureau

Companies & Markets Sector Reports

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.

The Art Of Governance

Sandeep Das

Opinion Columns

The system to drive human behaviour to an acceptable level of compliance consists of carrot oriented rewards, recognition, positive peer pressure and ultimately employing the stick approach.

Nitin Gadkari Softens His Stance For Auto Industry, Reverses His Decision To Ban ICE Vehicles

Avishek Banerjee

Companies & Markets Sector Reports Auto

"The government has no intentions of banning the production or stopping the existing petrol and diesel-fuelled vehicles. People had apprehensions about buying ICE vehicles and we are not going to take any such step," commented Nitin Gadkari, Minister for Road Transport.

In The Offing: A Reform A Day

BW Online Bureau

Economy India

The latest GDP numbers may have dampened the mood, but the government has a slew of plans up its sleeve

Recharge The Economy; Slowdown Threatens The $5 Trillion Vision

Suman K Jha

Economy India

The recent auto slump in India is the worst in recent memory. The monthly automobile sales dipped 18.71 per cent in July, the worst in the last 19 years.