Uday Kotak

IL&FS addresses Rs 43,000 crore debt, raises aggregate recovery target

The aggregate debt of Rs 43,000 crore addressed till date represents nearly 71% of the overall revised targeted recovery value of Rs 61,000 crore and 44% of the overall debt of over Rs 99,000 crore.

published on : 15th April 2021

Kotak Mahindra Bank MD Uday Kotak takes first jab of COVID-19 vaccine

Prime Minister Narendra Modi too took his first shot of vaccine, Bharat Biotech's Covaxin, on Monday.

published on : 2nd March 2021

TNIE Expressions | ‘Involve private sector in vaccination drive’

“At CII, we have constituted a task force and we are closely interacting with the government on the need of the involvement of corporates in the process.

published on : 5th February 2021

Government nominates 28 non-official members on National Startup Advisory Council

The council was set up last year to advise the Centre on measures needed to build a strong ecosystem for nurturing innovation and startups in the country.

published on : 19th January 2021

Telangana High Court stays proceedings against Uday Kotak

The court took into cognisance a complaint filed by Bharat Kumar of Universal Packers and Movers alleging that Magma Fincorp and Kotak bank have cheated him.

published on : 22nd December 2020

India needs multiple bad banks to clean balance sheets of lenders, get credit growth back: CII

Currently, banks sell their bad loans to asset reconstruction companies as per the prudent norms of the Reserve Bank of India.

published on : 20th December 2020

Centre extends Kotak’s term as IL&FS chairman's tenure by 1 year

Kotak was mandated to complete the resolution of the IL&FS and its group companies, which have a debt of over Rs 90,000 crore, through a fair and transparent process.

published on : 24th September 2020

World Economic Forum summit: India Inc pitches for 'statesman' position for India at Davos

PM Modi will deliver the keynote speech at the plenary session of the World Economic Forum on 23 January.

published on : 22nd January 2018