Expect Nifty 50 Firms To Post 1.5% Profit Growth In 2017-18: Kotak Institutional Securities

Expect Nifty 50 Firms To Post 1.5% Profit Growth In 2017-18: Kotak Institutional Securities

Mumbai: Weak earnings for the April-June period, wherein Nifty 50 companies reported an 8.4 per cent decline in net income, reflects underlying weakness in the economy and the possibility of yet another sluggish year, according to a report by brokerage...
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BSE To Add Kotak Mahindra, Tata Motors DVR To Benchmark Index

BSE To Add Kotak Mahindra, Tata Motors DVR To Benchmark Index

Mumbai: Bombay Stock Exchange said that it will be adding two stocks – Kotak Mahindra Bank Ltd and Tata Motors DVR Ltd – to its benchmark index from June 19. State-owned gas transmission company Gail Ltd will make way for...
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4G Phones Becoming Increasingly Affordable: Kotak

4G Phones Becoming Increasingly Affordable: Kotak

The market for 4G devices in India is becoming increasingly affordable and there are around 15 phone models which are available at a price point of Rs. 5,000 or lower, a report by Kotak Institutional Equities said. The report said...
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Kotak Realty Raises Rs 1,600 Crore For Residential Projects

Kotak Realty Raises Rs 1,600 Crore For Residential Projects

Mumbai: Kotak Mahindra Group’s private equity arm has raised Rs 1,600 crore to invest in residential projects across six cities over the next 3-4 years. “We have closed a fresh commitment of Rs 1,600 crore from institutional investors for equity...
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Kotak Realty Raises Rs 1,600 Crore For Residential Projects

Kotak Realty Raises Rs 1,600 Crore For Residential Projects

Mumbai: Kotak Mahindra Group’s private equity arm has raised Rs 1,600 crore to invest in residential projects across six cities over the next 3-4 years. “We have closed a fresh commitment of Rs 1,600 crore from institutional investors for equity...
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