Company Profile

ITI has signed a Memorandum of Understanding (MoU) with India Electronics & Semiconductor Association (IESA), a not-for-profit industry body that works towards enhancing and promoting made-in-India products for world markets.

Vakrangee has partnered with Aadhar Housing Finance for offering distribution of Home Loan & Loan against Property through its Nextgen Vakrangee Kendras. These Nextgen Vakrangee Kendras exclusively offer a comprehensive range of products and services across banking, insurance, ATM, assisted e-Commerce, e-Governance and logistics.

Tata Consultancy Services (TCS) has reported 13.33% rise in its net profit at Rs 8636 crore for the quarter ended September 30, 2019 as compared to Rs 7620 crore for the same quarter in the previous year. Total income of the company increased by 7.71% at Rs 35025 crore for Q2FY20 as compared Rs 32517 crore for the corresponding quarter previous year.

SMS Lifesciences India has carried out a preliminary analysis of Ranitidine product and processes and found that the NDMA impurity is in trace levels, in many cases lower than the levels found in commonly consumed food, milk, meat etc. It is awaiting further directives from Central Drugs Standard Control Organization (CDSCO), regulatory agency to review and establish acceptable limits for NDMA (N-Nitrosodimethylamine) impurity in Ranitidine. As regulatory guidance is awaited for limits of NDMA, the company sees a temporary slow-down in sales of Ranitidine which is one of the major contributor of revenues.

French carmaker Citroen has entered into partnership with Kotak Mahindra Prime (KMPL), a subsidiary of Kotak Mahindra Bank, to offer auto finance in India. The partnership with KMPL will offer innovative finance solutions and value added products to customers and customised credit solutions to dealers in India, the company, which is a part of the auto conglomerate Groupe PSA.

ZEE5, a video on demand website run by Zee Entertainment Enterprises, has reportedly collaborated with Panasonic India. This collaboration will enable the ZEE5 app to be featured in the recommended Apps section of Panasonic Android Smart TV, ensuring easy access to the viewers.

Arvind SmartSpaces has entered into strategic partnership with HDFC Capital Affordable Real Estate - a fund managed by HDFC Capital Advisors, a wholly owned subsidiary of HDFC. The partnership will focus on the development of affordable and mid-income housing projects in India while ensuring quality and timely delivery of finished units. The proposed developments will be undertaken by a special purpose vehicle Arvind Homes, wholly owned subsidiary of the Company, set up with an initial investment of Rs 250 crore.

Kotak Mahindra Bank is currently trading at Rs. 1617.95, up by 32.10 points or 2.02% from its previous closing of Rs. 1585.85 on the BSE.

The scrip opened at Rs. 1592.00 and has touched a high and low of Rs. 1624.90 and Rs. 1592.00 respectively. So far 19255 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1682.40 on 26-Sep-2019 and a 52 week low of Rs. 1095.15 on 11-Oct-2018.

Last one week high and low of the scrip stood at Rs. 1634.20 and Rs. 1549.55 respectively. The current market cap of the company is Rs. 309137.97 crore.

The promoters holding in the company stood at 29.98%, while Institutions and Non-Institutions held 52.26% and 17.75% respectively.

French carmaker Citroen has entered into partnership with Kotak Mahindra Prime (KMPL), a subsidiary of Kotak Mahindra Bank, to offer auto finance in India. The partnership with KMPL will offer innovative finance solutions and value added products to customers and customised credit solutions to dealers in India, the company, which is a part of the auto conglomerate Groupe PSA.

Kotak Mahindra Bank offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.

French carmaker Citroen has entered into partnership with Kotak Mahindra Prime (KMPL), a subsidiary of Kotak Mahindra Bank, to offer auto finance in India. The partnership with KMPL will offer innovative finance solutions and value added products to customers and customised credit solutions to dealers in India, the company, which is a part of the auto conglomerate Groupe PSA.

Kotak Mahindra Bank offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.

Kotak Mahindra Bank has entered into partnership with TollPlus to provide Electronic Toll Collection (ETC) end-to-end acquiring management system and managed services, following the successful integration of 16 national highways’ toll facilities. The integration will be scaled up to include over 100 tolls by 2021.

Kotak Mahindra Bank offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.

Venture Garage and Kotak Mahindra Bank (Kotak) have conducted the third edition of Capitalize, in New Delhi. Capitalize is the annual flagship event of Venture Garage that gives a platform to start-ups to interact with investors on a one-on-one basis, pitch their business ideas and raise funding from leading angel investors and venture capital funds.

Kotak Mahindra Bank offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.