Tag Archives: Mahindra

Manulife in tie-up with Mahindra  arm,  to  invest $35 million in AMC business

MUMBAI: Mumbai: Mahindra and Mahindra Financial Services Ltd, through its subsidiary Mahindra Asset Management Co. Pvt. Ltd, has entered into a joint venture with global finance services group Manulife, which will invest $35 million in the asset management business. The 51:49 joint venture aims to expand the depth and breadth of fund offerings and retail fund penetration in India, Mahindra… Read More »

Kotak Mahindra Bank to focus on building stressed asset business

Uday Kotak, vice chairman and managing director at Kotak Mahindra Bank at the launch at the launch of the bank’s new paperless zero-balance savings account, in Mumbai on Wednesday. Mumbai: Kotak Mahindra Bank Ltd will focus on building its stressed asset resolution and turnaround business in the coming years, Uday Kotak, vice chairman and managing director of the… Read More »