Kotak Mahindra Bank Ltd (KTKM.NS)
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Feb 26 India's Kotak Mahindra Bank Ltd on Tuesday raised the limit on total shareholding of foreign institutional investors and foreign portfolio investors in the company to 45 percent from 43 percent.
* Kotak Mahindra Bank posts biggest intraday fall in over 2 months
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.
To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_12102018.pdf If you would like to receive this newsletter via email, please register at: https://forms.thomsonreuters.com/india-morning/ FACTORS TO WATCH 4:00 pm: NSE CEO Vikram Limaye at NSE-NYU Conference on Indian Financial Markets 2018 in Mumbai. GMF: LIVECHAT - MARKETS UPDATE. EMEA Markets Editor Mike Dolan analyses the state of the