kotak

  1. Drive with confidence: Exploring the benefits of car insurance from Kotak General Insurance

    Drive with confidence: Exploring the benefits of car insurance from Kotak General Insurance

    VMPLMumbai (Maharashtra) [India], June 25: Kotak General Insurance, an insurance provider in India, helps you explore your car insurance benefits. Owning a car is not just a luxury but a necessity in today's world. Whether it's a daily commute, weekend getaway, or long road trips, a vehicle...
  2. Neelsoft aims to double revenue, employee base in next four years

    Neelsoft aims to double revenue, employee base in next four years

    Mumbai: Engineering services and software solutions company Neelsoft on Thursday said it aims to almost double its revenue and employee base in the next four years.The over three-decade-old, Pune-headquartered company aims to achieve a turnover of Rs 800 crore in the next four years and employ...
  3. Zurich Insurance bought 70 per cent stake in Kotak Insurance arm for Rs 5,560 crore, renaming it Zurich Kotak General Insurance.

    Zurich Insurance bought 70 per cent stake in Kotak Insurance arm for Rs 5,560 crore, renaming it Zurich Kotak General Insurance.

    New Delhi, Kotak Mahindra Bank has said that Zurich Insurance Company has acquired 70 per cent stake in its general insurance arm for Rs 5,560 crore."Subsequent to the fulfillment of the foregoing relevant conditions including receipt of relevant regulatory approvals, Zurich has completed the...
  4. Sensex closes flat as Titan and Bharti Airtel top losers

    Sensex closes flat as Titan and Bharti Airtel top losers

    During trading hours, Sensex and Nifty made new highs of 77,851 and 23,664, respectively. This is the fourth consecutive session the benchmark hit a new lifetime high.At close, the Sensex was up 36 points or 0.05 per cent at 77,337, and the Nifty was down 41 points or 0.18 per cent.Bank...
  5. Kotak Life Insurance to open 40 branches in next 3 months

    Kotak Life Insurance to open 40 branches in next 3 months

    New Delhi, Kotak Mahindra Life Insurance on Wednesday said it plans to open 40 branches across the country in the next three months to expand its physical reach.Launching a new protection plan – Kotak Gen2Gen Protect, Manish Alagh, senior vice president, Kotak Mahindra Life Insurance Company...
  6. Zurich completes acquisition of 70 per cent stake in Kotak General Insurance for Rs 5560 crore

    Zurich completes acquisition of 70 per cent stake in Kotak General Insurance for Rs 5560 crore

    Mumbai, (Maharashtra) [India] June 19: Zurich Insurance Company Limited (Zurich) has acquired majority stake in Kotak Mahindra General Insurance Company Limited from Kotak Mahindra Bank. Zurich says the acquisition process is complete following all necessary regulatory approvals.Zurich has...
  7. Uday Kotak takes indirect dig at VIL after telco decides to allot preferential shares to sellers

    Uday Kotak takes indirect dig at VIL after telco decides to allot preferential shares to sellers

    New Delhi, A day after Vodafone Idea announced that it will allocate Rs 2,458 crore of preferential equity to vendors Ericsson and Nokia for partial payment of dues, renowned banker Uday Kotak on Friday said the equity will be allocated to the creditors to pay their dues. Took a dig at the...
  8. Bank of America appoints Rahul Bajoria as head of India, ASEAN economic research

    Bank of America appoints Rahul Bajoria as head of India, ASEAN economic research

    Mumbai, Rahul Bajoria has been appointed head of India and ASEAN economic research by foreign brokerage Bank of America.Bajoria, who joins from Barclays, will be based in Mumbai and the appointment will be effective from September, according to an internal memo.,L&T Finance's rural...
  9. Kotak Alternate Asset Managers to invest Rs 1,445 crore to help Matrix Pharma acquire

    Kotak Alternate Asset Managers to invest Rs 1,445 crore to help Matrix Pharma acquire

    MUMBAI: Kotak Alternate Asset Managers Ltd on Tuesday said it has invested Rs 1,445 crore in Matrix Pharma through a combination of debt and equity to help it acquire the pharmaceutical company.According to an official statement, following the acquisition of Vitris' active pharmaceutical...
  10. SBI Mutual Fund increases stake in Kotak Mahindra Bank to more than 5 percent

    SBI Mutual Fund increases stake in Kotak Mahindra Bank to more than 5 percent

    New Delhi, SBI Mutual Fund has increased its stake in Kotak Mahindra Bank to more than 5 percent.In a regulatory filing on Tuesday, Kotak Mahindra Bank said the fund house bought 21.57 lakh shares through the open market on June 5.With the latest increase, SBI Mutual Fund's stake in Kotak...
  11. Most businessmen are careful when speaking; Rahul Bajaj spoke truth to power: Uday Kotak

    Most businessmen are careful when speaking; Rahul Bajaj spoke truth to power: Uday Kotak

    Mumbai: Finance industry veteran Uday Kotak on Monday said most businessmen are cautious about speaking the truth to people in power and do not speak their mind on relevant issues.Speaking at the launch of a book titled 'Our Rahul' based on the life of Rahul Bajaj, former chairman emeritus of...
  12. Kotak Bank gets RBI nod to sell 70 per cent stake in general insurance arm to Zurich Insurance

    Kotak Bank gets RBI nod to sell 70 per cent stake in general insurance arm to Zurich Insurance

    New Delhi, Kotak Mahindra Bank on Wednesday said it has received RBI approval to sell 70 per cent stake in its general insurance arm to Zurich Insurance Company.In November last year, Zurich Insurance Company announced plans to acquire 51 per cent stake in Kotak Mahindra General through a...
  13. Kotak Bank's credit profile to improve over next 12 months: S&P

    Kotak Bank's credit profile to improve over next 12 months: S&P

    NEW DELHI: Kotak Mahindra Bank is expected to improve its credit and funding profile over the next 12 months despite some impact on growth and profitability due to the RBI's ban on adding new customers online, S&P Globa Ratings credit analyst Nikita Anand said on Friday. Will be able to.In...
  14. Kotak Education Foundation announces 1000 scholarships under Kotak Junior Scholarship Program for 10th+ students in Mumbai

    Kotak Education Foundation announces 1000 scholarships under Kotak Junior Scholarship Program for 10th+ students in Mumbai

    More than 1000 scholarships for meritorious students from economically disadvantaged sectionsMumbai (Maharashtra) [India], May 29: Kotak Education Foundation (KEF) – the CS implementation agency of Kotak Mahindra Group, has launched the Kotak Junior Scholarship to support the further education...
  15. Competition Commission approves ITC Hotel demerger plan

    Competition Commission approves ITC Hotel demerger plan

    New Delhi: Fair trade regulator CCI on Tuesday said it has approved spinning off the hotel business of diversified arm ITC Ltd into a separate entity.After completion of the demerger, shares of a new entity, ITC Hotels Limited, will be listed on the stock exchanges.The proposed combination...
  16. Increase in electric vehicle insurance – reflects growing acceptance of EVs in India

    Increase in electric vehicle insurance – reflects growing acceptance of EVs in India

    VMP Mumbai (Maharashtra) [India], May 28: Insurance provider Kotak General Insurance has seen a rise in electric vehicle insurance due to the increase in adoption of electric vehicles in India. The rise in electric vehicles (EV adoption) is not only reshaping the motor landscape but also...
  17. Drive with peace of mind: Kotak General Insurance's Return to Invoice add-on cover in car insurance

    Drive with peace of mind: Kotak General Insurance's Return to Invoice add-on cover in car insurance

    Some of the key features of Kotak General Insurance's Return to Invoice Add-on cover in car insurance Comprehensive Protection: The Return to Invoice add-on cover ensures that policyholders receive the invoice value of the car in the event of total loss or theft of the insured . car, thereby...
  18. Young drivers on the road: tips for choosing the right car insurance

    Young drivers on the road: tips for choosing the right car insurance

    VMP Mumbai (Maharashtra) [India], May 28: Kotak General Insurance, an insurance provider in India, offers tips to choose the right car insurance for the young generation who drive on the road. As young drivers begin their journey behind the wheel, choosing the right car insurance coverage is...
  19. Kotak General Insurance's simple car insurance renewal process with online platform – provides convenience and transparency

    Kotak General Insurance's simple car insurance renewal process with online platform – provides convenience and transparency

    VMP Mumbai (Maharashtra) [India], May 28: Kotak General Insurance, the insurance provider in India, has highlighted its simplified car insurance renewal process with an online platform with an emphasis on enhancing the customer experience with convenience and transparency. Recognizing that in...
  20. No out-of-pocket expenses now: Kotak General Insurance offers consumables cover add-on to car insurance

    No out-of-pocket expenses now: Kotak General Insurance offers consumables cover add-on to car insurance

    VMP Mumbai (Maharashtra) [India], May 28: Kotak General Insurance, an insurance provider in India, has launched Car Insurance to provide comprehensive coverage to policyholders and eliminate out-of-pocket expenses for consumables to ensure financial security. Offers to cover consumables. Car...
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