Uday Kotak is an Indian billionaire banker, and the executive vice chairman and managing director of Kotak Mahindra Bank.In early 1980s, while India was still a closed economy and economic growth was muted, Kotak decided to start out on his own, refusing a lucrative job option from a multinational. Read More
Crisis-ridden infrastructure financing major IL&FS has received binding financial offers totalling nearly Rs 13,000 crore for 10 of its domestic road assets. ...
Enforcement Directorate (ED)'s chargesheet in the money-laundering case involving top brass of now-infamous IL&FS group has revealed that its financing arm IFIN indulged in a "circuitous and patently illegal transactions" resulting in an unpaid loan ...
The crisis-ridden IL&FS Group has either laid off or separated 43 per cent employees as a cost cutting measure since its new board was appointed in October last year. ...
"At no point and on no score, do we want to make it difficult for industry," stated Minister of Finance and Corporate Affairs Nirmala Sitharaman at the CII National Council Session here on Friday. Taxation, infrastructure, RBI-government relations, d ...
In a bid to tighten its noose over audit majors Deloitte and BSR, the Corporate Affairs Ministry (MCA) has filed an application at the Mumbai bench of the National Company Law Tribunal (NCLT) to freeze the assets of the auditors of the defaulting fir ...
The Enforcement Directorate (ED) on Wednesday carried out searches at the homes and offices of four former directors of the crisis-struck infrastructure lending major IL&FS in Mumbai over connection with an alleged money-laundering case. ...
