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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...