Articles about Uday Kotak

India's richest 100 earned Rs. 13 lakh crore since March-2020

25 Jan 2021

India
India's richest 100 earned Rs. 13 lakh crore since March-2020

India's top 100 billionaires saw their wealth increase by Rs. 13 lakh crore since March last year even as the COVID-19 pandemic led to severe job losses, Oxfam said in its latest report.

Coronavirus wiped nearly a quarter of Indian billionaires' wealth: Forbes

06 May 2020

Mukesh Ambani
Coronavirus wiped nearly a quarter of Indian billionaires' wealth: Forbes

The outbreak of COVID-19, which has claimed over 2.5 lakh lives and put a third of the world's population under lockdown, has wrecked economies completely.

Amid coronavirus crisis, this Indian business tycoon is growing richer

08 Apr 2020

Mukesh Ambani
Amid coronavirus crisis, this Indian business tycoon is growing richer

The outbreak of coronavirus, and the ongoing nation-wide lockdown to prevent it from growing worse, has disrupted businesses so much that their leaders and investors are bleeding money.

#CoronavirusImpact: Mukesh Ambani lost $300 million/day in two months

07 Apr 2020

Mukesh Ambani
#CoronavirusImpact: Mukesh Ambani lost $300 million/day in two months

The outbreak of coronavirus over the last two months has left economies reeling, business disrupted, and people jobless.

India Rich List: Mukesh Ambani retains top-spot for 12th year

11 Oct 2019

India
India Rich List: Mukesh Ambani retains top-spot for 12th year

Forbes India has released its list of richest Indians and for the twelfth year in a row Reliance Industries' Chairman Mukesh Ambani remains India's wealthiest.

India Inc. welcomes Sitharaman's tax announcement, Modi calls it historic

20 Sep 2019

Narendra Modi
India Inc. welcomes Sitharaman's tax announcement, Modi calls it historic

The effect of Finance Minister Nirmala Sitharaman's massive announcement was seen instantly as markets rejoiced on Friday.

World's richest lose $117bn in one day; Ambani $2.45bn poorer

07 Aug 2019

India
World's richest lose $117bn in one day; Ambani $2.45bn poorer

The richest 500 people in the world lost $117 billion (Rs. 8,28,418 crore) in a single day market crash on Monday.

Bill Gates not second richest anymore. Here's who replaced him

18 Jul 2019

Mukesh Ambani
Bill Gates not second richest anymore. Here's who replaced him

For the first time in the seven-year history of Bloomberg Billionaires Index, Microsoft co-founder Bill Gates swooped down to world's third-richest spot from his previous rank 2.

#Elections2019: Mukesh Ambani supports Congress candidate from Mumbai South

18 Apr 2019

India
#Elections2019: Mukesh Ambani supports Congress candidate from Mumbai South

In a video released by Congress's Lok Sabha candidate from Mumbai South constituency Milind Deora, Mukesh Ambani was seen promoting the Congress leader. It's very rare of him to endorse any political candidate.

Government takes over debt-ridden financial firm IL&FS after NCLT nod

01 Oct 2018

India
Government takes over debt-ridden financial firm IL&FS after NCLT nod

The National Company Law Tribunal (NCLT) today allowed the Union Government's interim prayer to reconstitute the Board of Infrastructure Leasing & Financial Services Ltd (IL&FS).

After 10.5% pay-cut, HDFC Bank CEO earns Rs. 2.64L daily

17 Jun 2018

India
After 10.5% pay-cut, HDFC Bank CEO earns Rs. 2.64L daily

India's highest-paid banker, Aditya Puri, HDFC Bank CEO, has taken a pay cut of 10.5% for FY18. Despite the reduction, he will earn a whopping Rs. 2.64L per day, or Rs. 9.6cr annually!

India loses 11 billionaires to demonetization, Ambani still the richest

09 Mar 2017

India
India loses 11 billionaires to demonetization, Ambani still the richest

According to the Hurun Global Rich List India, India's club of the richest has shrunk by 11 people since the demonetization was unleashed in November.

Axis-Kotak merger talk rife in spite of official denial
Axis-Kotak merger talk rife in spite of official denial

Shares of private banks Axis Bank Ltd and Kotak Mahindra Bank Ltd have shot up by 3.38% and 8.31%, respectively, since December amid speculations of a potential merger among them.