Banking and Financial Services play a vital role in the growth of an economy. Uday Kotak’s Kotak Mahindra Bank stake makes him the richest in the BFSI category. He is followed by George Jacob Muthoot & Family of Muthoot Finance and Sanjay Agarwal of AU Small Finance Bank.
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Uday Kotak Richest in BFSI
Uday Kotak’s Kotak Mahindra Bank stake makes him the richest in the BFSI category
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Adani Total Gas FY24 profit surges 23% at ₹653 cr; revenue up 3%
For FY24, EBITDA stood at ₹1,150 crore, a growth of 27% YoY, driven by higher volume and opex optimisation.
Godrej Split: Removal of cross-holdings, joint development of Vikhroli land on cards
The Godrej empire is run by two splinter families, led by cousins Adi Godrej and Jamshyd Godrej.
Godrej family splits 127-year-old conglomerate into two groups
As per the FSA, Godrej Industries Group (GIG) will be controlled by Adi Godrej, Nadir Godrej and their immediate families.
Indian Oil Q4 profit plummets 50% to ₹5,148.87 cr
The company's revenue from operations also fell by 3.06% to ₹2,23,649.85 crore in Q4FY24
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