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Kotak Mahindra Bank share price up by 1%, after Company acquires Sonata Finance

As previously communicated in February 2023 and October 2023, the Kotak Mahindra Bank had expressed its intention to acquire Sonata Finance. Now finalized, this acquisition brings Sonata s extensive microfinance network under the Kotak Mahindra Bank umbrella. ....

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Zurich Insurance to buy 70% Kotak General stake via single deal of ₹Rs 5,560 crore

Zurich Insurance to buy 70% Kotak General stake via single deal of ₹Rs 5,560 crore
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Kotak Mahindra Bank gains as CCI clears Zurich Insurance to buy 70% in general insurance arm

Zurich Insurance will acquire a 51 percent stake in Kotak Mahindra General Insurance Company through a combination of fresh growth capital and share purchase. ....

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Stock Market Today: Top 10 things to know before the market opens

Trends in the GIFT Nifty indicate a positive start for the broader index in India, with a gain of 114 points. ....

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