Kotak Securities

Kotak Multicap fund: The multicap category has opened up for mutual funds after market regulator Securities and Exchange Board of India (SEBI) redefined the category.

Kotak Mahindra Bank's securities business subsidiary Kotak Securities will acquire a nearly 10 per cent stake in financial technology company KIPL for Rs 10 crore

Larsen & Toubro's net profit in the third quarter ended December 31 rose 4.9 per cent to Rs 2,466.7 crore from Rs 2,352 crore, while revenues fell 1.8 per cent to Rs 35,596.4 crore

Domestic equity benchmarks (Sensex and Nifty) surged along with the Indian rupee (INR) on the back of strong foreign fund inflows. The Nifty 50 index reclaimed its crucial psychological level of 11,500 as both the indexes continue to trade at over six month highs. The foreign institutional investors have been buying shares since the start of this m...

The report says that these brokers were allegedly involved in illegal forward contracts at the NSEL in contravention of the Forward Contract Regulations Act 1952 (FCRA).

Kotak Mahindra Capital, Axis Capital, Goldman Sachs (India) Securities, JM Financial Institutional Securities and J.P. Morgan India are the lead book running managers of the IPO.

Edelweiss is selling the shares in a price range of Rs 280 to Rs 285 each, which would be a discount of 0.9 per cent to a premium of 0.9 per cent

Committee suggests having at least half of board as independent directors, up from one-third currently.

Noting that stock valuations are expensive, Kotak Institutional Securities says the Nifty is trading at 21 times 2017-18 EPS (Earnings per share) and 17 times 2018-19 estimates.

The life insurance arm of top Indian lender State Bank of India will hire five local banks - Axis Capital, ICICI Securities, JM Financial, Kotak and SBI Capital Markets -IFR, a Thomson Reuters publication, said.

Bullish bets are rising on Maruti Suzuki, with domestic brokerage Kotak Securities raising its target price on the stock to Rs 5,800, indicating an upside of nearly 20 per cent. Maruti Suzuki, which sells about one in every two cars in India, is "miles ahead" of competition and is well placed to gain market share, it added.

India's annual consumer price inflation edged up to a slightly stronger-than-expected 5.77 per cent in June, mainly driven by higher food prices compared with 5.76 per cent in May, government data showed on Tuesday.

Microfinance player Ujjivan Financial Services, which witnessed robust demand for its recently-concluded IPO, will list shares on the bourses on Tuesday.

Dairy firm Parag Milk Foods will hit the capital markets on May 4 to raise an estimated Rs 750 crore through initial public offer (IPO).

Ahead of Infibeam Incorporation's IPO early next week, two bankers -- ICICI Securities and Kotak Mahindra Capital -- have exited from the public issue of the online shopping portal.

Kotak Multicap fund: The multicap category has opened up for mutual funds after market regulator Securities and Exchange Board of India (SEBI) redefined the category.

Kotak Mahindra Bank's securities business subsidiary Kotak Securities will acquire a nearly 10 per cent stake in financial technology company KIPL for Rs 10 crore

Larsen & Toubro's net profit in the third quarter ended December 31 rose 4.9 per cent to Rs 2,466.7 crore from Rs 2,352 crore, while revenues fell 1.8 per cent to Rs 35,596.4 crore

Domestic equity benchmarks (Sensex and Nifty) surged along with the Indian rupee (INR) on the back of strong foreign fund inflows. The Nifty 50 index reclaimed its crucial psychological level of 11,500 as both the indexes continue to trade at over six month highs. The foreign institutional investors have been buying shares since the start of this m...

The report says that these brokers were allegedly involved in illegal forward contracts at the NSEL in contravention of the Forward Contract Regulations Act 1952 (FCRA).

Kotak Mahindra Capital, Axis Capital, Goldman Sachs (India) Securities, JM Financial Institutional Securities and J.P. Morgan India are the lead book running managers of the IPO.

Edelweiss is selling the shares in a price range of Rs 280 to Rs 285 each, which would be a discount of 0.9 per cent to a premium of 0.9 per cent

Committee suggests having at least half of board as independent directors, up from one-third currently.

Noting that stock valuations are expensive, Kotak Institutional Securities says the Nifty is trading at 21 times 2017-18 EPS (Earnings per share) and 17 times 2018-19 estimates.

The life insurance arm of top Indian lender State Bank of India will hire five local banks - Axis Capital, ICICI Securities, JM Financial, Kotak and SBI Capital Markets -IFR, a Thomson Reuters publication, said.

Bullish bets are rising on Maruti Suzuki, with domestic brokerage Kotak Securities raising its target price on the stock to Rs 5,800, indicating an upside of nearly 20 per cent. Maruti Suzuki, which sells about one in every two cars in India, is "miles ahead" of competition and is well placed to gain market share, it added.

India's annual consumer price inflation edged up to a slightly stronger-than-expected 5.77 per cent in June, mainly driven by higher food prices compared with 5.76 per cent in May, government data showed on Tuesday.

Microfinance player Ujjivan Financial Services, which witnessed robust demand for its recently-concluded IPO, will list shares on the bourses on Tuesday.

Dairy firm Parag Milk Foods will hit the capital markets on May 4 to raise an estimated Rs 750 crore through initial public offer (IPO).

Ahead of Infibeam Incorporation's IPO early next week, two bankers -- ICICI Securities and Kotak Mahindra Capital -- have exited from the public issue of the online shopping portal.