Board of Kotak Mahindra Bank appoints Ashok Vaswani as MD and CEO of bank
November 17th, 2023 19:27
The board of directors at their meeting on Friday appointed Vaswani as a Director and Managing Director and CEO and a Key Managerial Personnel of the bank, for a period of three years with effect from January 1, 2024, Kotak Mahindra Bank said in a regulatory filing
Adani Power promoter entities buy 2% stake via open market; cumulative holding tops 70%
November 17th, 2023 19:27
Ardour Investment Holding and Emerging Market Investment DMCC, who are part of the promoter group entities, acquired 7.92 crore shares or 2.06% stake in Adani Power between September 26 and November 16. In the early part of September, promoter entities Fortitude Trade and Investment Ltd and Emerging Market Investment DMCC had acquired 8.5 crore shares or 2.2% stake in Adani Power, which had taken the cumulative holding of the promoter group to 69.09%.
Sensex, Nifty snap 2-day winning run but log 3rd straight week of gains
November 17th, 2023 17:27
From the Sensex pack, SBI and Axis Bank were the top laggards, falling over 3% each. Bajaj Finance, ICICI Bank, Bajaj Finserv, and IndusInd Bank also ended with cuts. On the other hand, L&T, HUL, Power Grid, and Asian Paints closed with gains.
Load More