Uday Kotak

Indian equity markets need to keep an eye on bond markets, what is happening to interest rates, the Budget and the levels of fiscal deficit, said Uday Kotak, Executive Vice Chairman and MD, Kotak Mahindra Bank.

A look at top cues from domestic and international cues that could have a bearing on D-Street.

The markets watchdog Sebi had set up the 21-member panel on June 2 this year to advise it on issues relating to corporate governance. It includes representatives from companies, stock exchanges, professional bodies, investor groups, law firms, academicians, research professionals and Sebi officials.

The payment of interest on the bonds taken by the states under the Ujwal DISCOM Assurance Yojana (Uday) in the current year and the farm loan waiver will affect the states’ fiscal deficits.

The company has lowest stress in the power financing sector compared to its peers, said PV Ramesh, CMD, REC.

Kotak Mahindra Bank, in a press conference on Wednesday, launched ‘811’, a zero balance digital account with the aim of doubling its customer base to nearly 16 million in two years.

Calling a press conference today, and a board meeting tomorrow, definitely tells you that it is a precursor to something big and Axis Bank squarely fits into the scheme of things for Kotak, said Anil Singhvi of Ican Investment Advisors.

Speculations are rife that it could be a big acquisition that the bank is looking at in order to reduce Kotak's promoter stake in the bank.

Veteran banker and Kotak Mahindra Bank founder Uday Kotak Wednesday appealed to the government to send “strong signals” to encourage the private sector to take “honest risks” and “grow fearlessly”.

At the Growth Net 5th Annual India Summit, Shereen Bhan got together with Prakash Javdekar, HRD Minister, Kiran Mazumdar Shaw of Biocon, Uday Kotak of Kotak Mahindra Bank, Henny Sender of The Financial Times and Nicholas Stern, professor at LSE to discuss the reform agenda in India.

Power Grid was under pressure on bourses last week as the street factored in lower return on equity (RoE) after the Central Electricity Regulatory Commission (CERC) proposed to reduce regulated RoE for renewables.

REC has inked a pact with Karnataka Power Corp (KPCL) and Bangalore Electricity Supply Company (BESCOM) to extend Rs 39,121 crore financial assistance to the power companies for the next 5 years.

The strength of the US dollar will decide the fate of the emerging markets (EMs), said Sanjeev Prasad, Senior ED & Co-Head at Kotak Institutional Equities.

Speaking to CNBC-TV18, Uday Kotak said that the world could see a mega trend which is protectionism and in changing global narrative there will be some slowdown in trade.

It is unlikely that there will be rate hikes in a hurry because the focus is also on getting growth back, Uday Kotak, Managing Director, Kotak Mahindra Bank.

Speaking to CNBC-TV on the sidelines of the World Economic Forum in Davos, Switzerland, Uday Kotak, Vice Chairman and MD of Kotak Mahindra Bank said that US president-elect Donald Trump‘s policy could have implications for countries which are dependent on the US.

Speaking to CNBC-TV18, PV Ramesh, CMD, Rural Electrification Corporation (REC) said government's efforts to ensure power for all by providing a boost to discoms through Ujwal DISCOM Assurance Yojana (UDAY) scheme has led to a robust growth in the sector.

Speaking to CNBC-TV18, Piyush Goyal, the Minister of State for Power, Coal, New and Renewable Energy and Mines said demonetisation will give rich dividends to the poor and merge informal industry with formal industry.

In an interview to CNBC-TV18, Prakash Diwan of Altamount Capital Management shared his readings and outlook on specific stocks and sectors.