Indian financial institutions
Uday Kotak's 40-Year Journey: From a Small Mumbai Office to Building a Banking Giant Worth $15 Billion
Nov 21, 2025 06:26 pm CST
Founder Uday Kotak celebrates the remarkable 40-year transformation of Kotak Mahindra Bank from a modest startup with Rs 30 lakh capital in a 300 sq ft Mumbai office to one of India's leading private-sector banks. With a current net worth of $15 billion according to Forbes, Kotak's entrepreneurial journey represents one of India's most significant financial success stories. Now serving as a non-executive director after 38 years at the helm, Kotak shares his emotional reflections and hopes for the institution's future prosperity.
Former LIC Chief Denies Government Influence on Adani Group Investments, Challenges Washington Post Claims
Oct 26, 2025 03:31 pm CST
Former LIC chairperson Siddhartha Mohanty has refuted The Washington Post's allegations about government influence on the insurer's Adani Group investments. Both Mohanty and LIC officially denied the claims, stating all investment decisions are made independently following thorough due diligence processes, without external interference from government bodies.