Nov 22, 2014 at 11:52 | Source: Moneycontrol.com
ING Vysya Bank has submitted a copy of joint press release regarding Kotak Mahindra Bank and ING Vysya Bank announce merger.
Nov 21, 2014 at 18:29 | Source: PTI
"We have no plans to do any massive rationalisation of branches or capacity. We are committed to growing, this is a merger for growth, not for cutting," Uday Kotak said, answering a specific question on whether KMB will be pruning some jobs.
Nov 21, 2014 at 18:02 | Source: Moneycontrol.com
Kotak-ING merger deal put turned the spotlight on banking sector stocks which helped Sensex, Nifty scaled new peaks this week. Overall, markets unperformed key indices during the week with CNX mid-cap and small-cap indices rising 0.4-1 percent against benchmarks 1 percent uptick.
Nov 21, 2014 at 16:14 | Source: CNBC-TV18
Brokerages have given the deal thumbs up saying it pushes up Kotak from a niche to a scaled player.
Nov 21, 2014 at 14:31 | Source: Moneycontrol.com
The company has signed a definitive agreement to acquire global network services leader Lightbridge Communications Corporation (LCC) for an enterprise value of approximately USD 240 million, subject to regulatory approvals.
Nov 21, 2014 at 13:33 | Source: CNBC-TV18
IDFC Securties' IT & Telecom Analyst, Hitesh Shah says Tech Mahindra's acquisition of Lightbridge Communications Corporation (LCC) will doube its addressable market in telecom space. He also likes Midcap IT company KPIT Tech.
Nov 21, 2014 at 13:26 | Source: CNBC-TV18
Here are few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Future Consumer, Geometric, Kotak Mahindra Bank, ING Vysya, Amrutanjan, Texrail, Titagarh Wagons, Gammon India and Gammon Infrastructure.
Nov 21, 2014 at 11:42 | Source: CNBC-TV18
Ajay Srivastava, CEO of Dimensions Consulting recommends buying Tech Mahindra, Infosys and Oracle Financial Technology.
Nov 21, 2014 at 11:41 | Source: CNBC-TV18
Ajay Srivastava, CEO of Dimensions Consulting recommends buying Kotak Mahindra Bank for long term.
Nov 21, 2014 at 11:36 | Source: CNBC-TV18
Jignesh Shial says one parameter where Kotak would be leading Axis Bank would be return on assets (RoAs). RoA of Kotak is above 2 percent and whereas for Axis it would be 1.8-1.9.