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Monday, September 20, 2021

Kotak Mahindra group

KOTAK MAHINDRA GROUP NEWS

Kotak Mahindra Life Insurance arm expects to incur up to Rs 275 crore loss in June qtr

June 17, 2021 3:35 pm

"Due to increased claims and higher mortality related provisioning arising on account of the second wave, the company expects to incur a loss for the quarter ended June 2021 in the estimated range of Rs 225-275 crore on shareholder's account," Kotak Mahindra Life Insurance Company said in a regulatory filing.

Stuck with huge exposure to IL&FS Transportation and Essel Group, Kotak MF sends SoS to investors

April 11, 2019 4:06 am

Investors of Kotak FMP Series 183 were told that almost 27% of the scheme corpus of Rs 457 crore is invested in three troubled entities facing liquidity crisis.

Special Situations Credit Fund: Kotak, Canada fund to invest $525 mn in stressed assets

March 15, 2016 1:46 am

Will have mandate to invest in bank NPAs and structured debt given to firms.

Bill Clinton says ‘too many inequalities constrain growth’

April 11, 2013 1:07 am

Former US president Bill Clinton on Wednesday highlighted the need to move towards “shared prosperity” in order to improve the living standards of people and reap the benefits of economic development.

HAFED posts profit of Rs 41 cr

August 01, 2011 9:21 pm

HAFED have recorded net profit of Rs 41 cr,with turnover of Rs 5,489 cr during last fiscal.