Tag: kotak mahindra bank

Sino Biopharma spends $951m to acquire China-based LaNova Medicines

Market
Hong Kong-listed Sino Biopharmaceutical will acquire China-based oncology specialist LaNova Medicines in a deal that will not exceed $951m, representing one of the largest transactions within the Asia-Pacific pharmaceutical...

US Inflation data: Consumer prices jump to 2.7% in June; Fed rate cut in doubt as Donald Trump faces pressure

Business
U.S. inflation climbed to 2.7% in June, marking the highest level since February, driven by rising costs for gas, food, and groceries. This increase reverses months of cooling inflation and exceeds May's 2.4% rise....

Market Wrap: Realty, pharma, financial services stocks lift D-Street; Sensex rises 410 points, Nifty above 24,800

Stocks
Nifty and Sensex gave up on their early gains on Wednesday, but managed to close slightly higher, pushed by gains from realty, financial...

Kotak Mahindra net profit dips 14%

Business
MUMBAI: Kotak Mahindra Bankreported a 14% year-on-year decline in standalone net profit to Rs 3,552 crore for the quarter ended March...

Financials set to outperform despite FII selling, says Mayuresh Joshi. Picks Kotak Bank, 2 other banks

Stocks
While foreign institutional investors (FII) selling has impacted financial stocks in the short term, analyst Mayuresh Joshi of Marketsmith remains optimistic about the...

Liquidity push: RBI readies ₹1.5 lakh crore injection

Economy
Mumbai: The Reserve Bank of India (RBI) Monday announced a host of measures to inject durable liquidity into the system, including a ₹60,000-crore...

Stocks on brokerages’ radar for January 21

Business
Nomura maintained its ‘buy’ rating on Kotak Mahindra Bank but cut the target price from Rs 2,170 to Rs 2,110 (+10%)...

HDFC Bank gets RBI nod to hike group stake in 3 banks

Business
MUMBAI: HDFC Bank has informed the stock exchanges that it has received approval from RBI for its group entities to hike...

Growth seen at 6.1-6.8% for FY25 on 7-quarter Q2 low

Economy
A sharper-than-anticipated slowdown in economic expansion in the second quarter has prompted economists to slash their forecast on India's growth for fiscal 2025.Citing...

Growth may have slipped in rainy Q2 but forecast for fiscal is sunny

Economy
India’s economic growth likely moderated in July-September, primarily due to a slowdown in consumption and investment amid heavy monsoon rains in several parts...

Festive Vibes: Economists see food inflation and geopolitical conflicts as possible headwinds

Economy
NEW DELHI: The festive season has brought some cheer to the economy with several data releases on Friday suggesting improved consumer sentiment, but...

sensex fall today: Market Wrap: Financials, IT stocks drag Sensex 427 points lower, Nifty heads for worst month since 2020

Stocks
Indian blue-chip equity indices fell on Wednesday, dragged by declines in financial stocks after a two-session rally, as sentiment weakened due to persistent...

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