Rana Kapoor, who co-founded the bank with Ashok Kapoor in 2004, established the private bank's credentials and led it to rise above expectations. Its shares have seen a 25-fold rise in the past 13 years and have generated compound annual growth return of around 28 per cent.

Lessons from the failure of some of India's biggest business names.

Interpol issues red-corner notice against Nirav Modi's sister Purvi ModiAfter the Interpol issued a red-corner notice (RCN) against a close aide of diamantaire fugitive Nirav Modi, Mihir Bhansali, it has issued another notice against Purvi Modi, who is a Belgian national and the sister of Nirav Modi. The RCN has been issued on the request of the Enforcement Directorate to the Interpol, as the ED seeks to interrogate her on the alleged charges of 'money laundering'.After Bharat Ban...

If the bank issues about $17 billion of new stock to back an acquisition, that would effectively dilute the Uday Kotak's holding below the RBI's 20 per cent target.

Kotak Mahindra Bank says it still believes that the bank's stake dilution plan meets the RBI requirement, and assured to continue engaging with the central bank over the issue.

Over 1,200 NBFCs, flagged as 'high risk' prone for not complying with a provision of the anti-money laundering law, had submitted records to the government in April to be identified as legally compliant.

You can set up a maximum security biometric identity system in a high security facility with all round controlled access but the moment you take it to a national level, it develops any number of leakage points.

New RBI regulations have created a flutter in the P2P market.

Videocon Industries, which was admitted by the NCL for insolvency proceedings last week, owes a consortium of banks led by the State Bank of India around Rs 39,000 crore

In a freewheeling interview with Prosenjit Datta, he talks about how GST has helped his textile business, the philosophy behind the brand strategy, why he did not diversify into newer areas, the future of textiles and the Arvind Group, and finally, what he sees as the role of the promoter of a business vis-a-vis the role of professionals.

Paytm has also partnered with ICICI Bank to launch post-paid services and are trying to rope in other banks as well.

Regulators hate it, investors love it. The great tussle to find the middle ground for cryptocurrencies...

Rajan's name was dragged after BJP launched a scathing attack on former Finance Minister P Chidambaram for clearing the 80:20 gold scheme days before the new government was to take charge at the centre.

Metal stocks too contributed to the rally with BSE metal index rising 420 points  to 15,578 level on BSE. The BSE consumer durables and capital goods index rose 578 points and 408 points, respectively.

Culture is vital to institution building. It requires relentless communication to ensure that purpose, vision and values of the firm are internalised.

CAG in a report had held then Telecom Minister A Raja responsible for causing the state exchequer a loss of Rs 1,76,379 crore by allocating 2G spectrum licenses at throwaway prices.