At meeting held on 12 January 2022
Kotak Mahindra Bank announced that the Board of the Bank has taken note of the RBIs press release and guidance dated 26 November 2021 accepting the recommendation in relation to raising the cap of promoters stake in banks to 26% of paid-up voting equity share capital, and passed a resolution permitting the promoters voting rights in the Bank to be capped at 26% going forward. […]
Jaguar Land Rover retail sales for the three-month period to 31 December 2021 continued to be constrained by the global semiconductor shortage, though the Company started to see some improvement in chip supply and wholesale volumes compared to the preceding quarter. Underlying demand for Jaguar Land Rover products remains strong and the Company has proactively managed semiconductor supplies to maximise production of higher margin products. […]
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