Kotak Mahindra Bank Ltd (KTKM.BO)
A set of Indian investors are keen to join the infrastructure investment trust (InvIT) led by Brookfield Asset Management Inc to buy East West Pipeline Ltd (EWPL) for an enterprise value of 130 billion rupees ($1.83 billion), the Economic Times reported on Monday, quoting people aware of the development.
Feb 11 A set of Indian investors are keen to join the infrastructure investment trust (InvIT) led by Brookfield Asset Management Inc to buy East West Pipeline Ltd (EWPL) for an enterprise value of 130 billion rupees ($1.83 billion), the Economic Times reported https://economictimes.indiatimes.com/industry/energy/oil-gas/5-investors-may-join-brookfield-for-east-west-buy/articleshow/67936000.cms on Monday, quoting people aware of the development.
* Provisions write-back of 2.72 bln rupees in qtr (Adds context of case against RBI, more operational metrics)
Jan 21 Kotak Mahindra Bank Ltd, India's fifth-biggest bank by market capitalisation, reported a better-than-expected 22.6 percent rise in third-quarter net profit on Monday, helped by higher interest income and a write-back of provisions made for mark-to-market losses.
MUMBAI, Dec 17 An Indian court refused to stay the central bank order forcing Kotak Mahindra Bank Chief Executive Uday Kotak to dilute his stake in the company he founded, news channel CNBC TV18 reported on Monday, sending shares of the lender sliding nearly 4 percent.
MUMBAI, Dec 17 India's Bombay High Court refused to stay the central bank's decision to not allow promoter stake sale in Kotak Mahindra Bank Ltd and said it would hear the case next on Jan. 17, news channel CNBC TV18 reported on Monday.
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Billionaire global investor Warren Buffett's Berkshire Hathaway Inc is looking to pick up a 10 percent stake in Kotak Mahindra Bank Ltd , according to a media report on Friday, a plan the Indian bank said it was unaware of.
Dec 7 Shares of India's Kotak Mahindra Bank Ltd jumped as much as 8 percent on Friday after CNBC-TV18 reported that Warren Buffett's Berkshire Hathaway Inc is planning to invest about $4 billion to $6 billion in the bank.
Oct 24 India's Kotak Mahindra Bank Ltd posted a 14.8 percent rise in second-quarter net profit on Wednesday, boosted by higher interest and fee income, but missed analysts' expectations.