New Delhi, Feb 8 (IANS) The Crime Branch of Delhi Police has busted a high-profile cyber fraud module with international linkages and arrested three accused involved in an organised cyber-financial racket. The breakthrough was achieved by the Northern Range-1 (NR-1) team during its ongoing ‘Cy-Hawk’ operations, officials said on Sunday.According to an official press release issued by the Crime Branch, an E-FIR No. 53/2025 (60001651/2025) dated December 17, 2025, was registered under Sections 308…
Latest Kotak Mahindra Bank News & Updates
Mumbai, Feb 4 (IANS) Indian equity markets closed almost flat on Wednesday, snapping a two-day rally, as a sharp fall in information technology (IT) stocks weighed on the benchmark indices. Investor sentiment turned cautious after fresh concerns about advances in artificial intelligence (AI) hit global software stocks.At the closing bell, the Nifty rose 48.45 points, or 0.19 per cent, to settle at 25,776.00. The Sensex gained 78.56 points, or 0.09 per cent, to end at 83,817.69.Nifty traded in a …
Mumbai, Feb 2 (IANS) Indian equity markets bounced back strongly in the final hour of trade on Monday, helped by late buying in heavyweight stocks such as Adani Ports, Bharat Electronics, L&T, Mahindra & Mahindra, ICICI Bank and HDFC Bank.The Sensex recovered sharply from its intra-day low of 80,387.25. It jumped as much as 1,345 points to touch a high of 81,732 before closing at 81,666. The index ended the day up 944 points, or 1.17 per cent.Similarly, the Nifty moved in a wide range du…
Mumbai, Jan 27 (IANS) India’s benchmark stock market indices ended higher on Tuesday after a highly volatile trading session, supported by improved investor sentiment following the announcement of a bilateral trade deal between India and the European Union.At the close of trade, the Nifty rose 0.51 per cent, or 126.75 points, to settle at 25,175.40. The Sensex also ended higher, gaining 319.78 points, or 0.39 per cent, to close at 81,857.48.“A sustained breakout above 25,400 would be require…
New Delhi, Jan 26 (IANS) Veteran banker and industrialist Uday Kotak on Monday said he was “humbled and honoured” to be conferred the Padma Bhushan.The government on Sunday announced the Padma Awards on the eve of Republic Day, with Kotak being conferred the Padma Bhushan for his exceptional contribution to the financial sector.“The India of today is unrecognisable from the one I was born in. The journey has been exhilarating. On this Republic Day, we stand at the fork of many roads,” Ko…
New Delhi, Jan 25 (IANS) The Centre on Sunday announced the Padma Awards on the eve of Republic Day, with veteran banker and industrialist Uday Kotak being conferred the Padma Bhushan for his exceptional contribution to the financial sector.The Padma Awards, among the country’s most prestigious civilian honours, are given in three categories — Padma Vibhushan, Padma Bhushan and Padma Shri.They recognise distinguished service in fields such as art, social work, public affairs, science and engi…
Mumbai, Jan 6 (IANS) Indian equity benchmark indices slipped for a second consecutive session on Tuesday, weighed down by sharp losses in heavyweight stocks such as Reliance Industries and Trent. Weakness in these large stocks kept overall market sentiment under pressure throughout the day. At the close of trade, the Nifty ended at 26,178.70, down 71.6 points or 0.27 per cent.“The index remains in a short-term consolidation phase amid tariff-related and geopolitical uncertainties, while holdin…
New Delhi, Jan 4 (IANS) Kotak Mahindra Bank founder Uday Kotak said on Sunday that the US attack on Venezuela and the capture of the oil-rich country’s President Nicholas Maduro reflects the “race for hard power” between nations in today’s world.Kotak highlighted the fact that Venezuela is a country with the “largest oil reserves on earth” and hinted that the US operation in the South American country was linked to this fact.”The United States takes control over Venezuela, which has the larges…
Mumbai, Dec 31 (IANS) Indian equity markets ended the final trading session of the calendar year on a strong note, supported by broad-based buying across most sectors, even as information technology stocks remained under pressure.At the close of trade, the Sensex settled at 85,220.6, gaining 545.52 points or 0.64 per cent.The Nifty also finished higher at 26,129.6, up 190.75 points or 0.74 per cent. “Holding above the 26,000 mark remains crucial to sustain the ongoing uptrend and keep the poss…
New Delhi, Dec 27 (IANS) System loan growth has picked up and Q3 FY26 is expected to show better loan growth and improved net interest margins, a report said on Saturday.The report from Elara Capital said the quarter should also see lower slippages in unsecured and microfinance institutional loans and steady recovery trends that may benefit credit costs.The report, however, flagged that deposit flows remain weak and incremental credit‑deposit ratios are running very high.”Even with better Q3 o…