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Kotak Mahindra Primus was subsequently renamed as Kotak Mahindra Prime. [18] In 2006, Kotak Mahindra Bank bought out Goldman Sachs' 25% stake in Kotak Mahindra Capital for ₹ 210 crore (US$46.35 million) and 25% in Kotak Securities for ₹ 123 crore (US$27.15 million), turning both companies into its wholly-owned subsidiaries. [19]
The Kotak Mahindra Group was founded in 1985 as a provider of financial services. [8] [9] In February 2003, Kotak Mahindra Finance Ltd (KMFL), the Group's flagship company, received banking license from the Reserve Bank of India (RBI) to conduct banking operations in the country and was renamed as Kotak Mahindra Bank, the parent company of Kotak Life Insurance. [10]
Zurich Kotak General Insurance Company is an Indian general insurance company headquartered in Mumbai. It offers non-life insurance products like motor, car, bike, health, travel, home and others. [3] It is 70% owned by Swiss insurance company Zurich Insurance.
Uday Suresh Kotak (born 15 March 1959) is an Indian billionaire banker and founder of Kotak Mahindra Bank, where he is a non-executive director. [2] He resigned from his CEO position in September 2023. [ 3 ]
CAMS was founded in early 1988 by V Shankar working in software development and computer education. During Y2K, CAMS pivoted to domestic financial services.. The Indian financial services industry experienced a renaissance in the period 1997/8-2006/7, with changes in regulation, products, and supporting infrastructure.
Info Edge is an Indian technology holding company which owns, operates and invests in internet-led businesses. [6] The company's offerings include the flagship employment website Naukri.com, matrimonial website Jeevansathi.com, real estate classifieds platform 99Acres.com, and educational portal Shiksha.com, among others.
A major component of the Indore economy, industries in Indore contribute a considerable amount of revenue. The city has emerged as a major industrial center of the state of Madhya Pradesh. Pithampur near Indore is one of the largest hubs of vehicle and automobile industries in India. Well known industrial houses have opened factories and plants ...
Indore District (Hindi pronunciation: [ɪn̪d̪ɔːɾ]) is a district of Madhya Pradesh state in central India. It is believed that the city is named after its Indreshwar Mahadev Temple, Where Indra is the presiding deity as Indra+Oor. The Gupta inscriptions name Indore as "Indrapura". It is also called the administrative capital.