MNC valuations lower than historical average: Kotak MF
Kotak Mutual Fund CIO Harsha Upadhyaya on why he sees opportunities in the MNC space and why the bull run in industrials will cool off in coming quarters
Kotak Mutual Fund CIO Harsha Upadhyaya on why he sees opportunities in the MNC space and why the bull run in industrials will cool off in coming quarters
Ashok Vaswani, MD and CEO of Kotak Mahindra Bank, says the impact on the bank's profitability due to the restrictions placed by RBI could be ₹300 crore to ₹400 crore.
The penalty has been imposed for non-compliance with the directions issued by RBI.
According to a Jefferies research report, at an estimated valuation of $65 billion-$70 billion, the newly formed Jio Platform’s EV/Ebitda multiple could be ahead of Alibaba, Alphabet, and Apple.