Kotak Mahindra eyes takeover targets in banking, financial services sectors

Looking to further expand operations, Kotak Mahindra group is looking for potential acquisition targets in banking, asset management, broking and other areas of financial services sector and hopes to strike a deal thisyear.

The fragile state of the world economy, along with the relentless turmoil in Syria and the rocky fallout from the Arab Spring, dominated discussions during this year's annual gathering of the global elite at Davos, leaving many participants uneasy about what lies ahead as they left for home Sunday.

As President Barack Obama starts his second term, the world's business and political elite pines for greater American engagement to tackle a thicket of security challenges.

Unconventional lenders that have enjoyed a cozy spot while central bankers were busy trying to make banks stronger should watch out as shadow banking is coming back on to regulators' agenda.

The global economy may be in a better shape after its worst-ever crisis, but it is no time to relax, and governments as well as business leaders must persist with job creation, income and gender diversification as also to meet aspirations of the youth to keep up the growth momentum.

Terming rise in tariffs as 'bitter pill', Power Minister Jyotiraditya Scindia has said Indian power distribution companies need to reduce technical and commercial losses as well to improve financial health.

Conglomerates being considered for new banking licences in India should be asked to have systemic controls to safeguard against any contagion impact of problems in their other businesses, eminent banker Uday Kotak has said.

Dismissing concerns of high corporate debt exposures posing possible default risks to banks in India, top banker Chanda Kochhar has said loans have been mostly given for projects in investment phase and leveraging won't appear high once companies start generating cash flows.

India's realty sector is set for robust inflows of $4-5 billion from overseas investors in the next couple of years, with Bangalore, Delhi and Mumbai emerging as the favourites, global real estate consultancy giant Jones Lang LaSalle has said.

Alfacam is best known for its broadcasting vehicles for filming and broadcasting of major sports and entertainment events.

Forget the endless debates about the euro or government debts. What does the future hold?

Unconventional lenders that have enjoyed a cozy spot while central bankers were busy trying to make banks stronger should watch out as shadow banking is coming back on to regulators' agenda.

The World Economic Forum at Davos is always a showcase for new research, trends and ideas. Here's some predictions about the future from participants at the annual gathering of the world's elite:

Rajiv Lall, vice chairman and managing director of IDFC, spoke to NDTV's Shweta Rajpal Kohli on the sidelines of the annual meeting of World Economic Forum in Davos, Switzerland.

In order to keep up the recovery momentum in the world economy, International Monetary Fund chief Christine Lagarde today asked countries and their leaders to follow the 'do not relax' principle and not let complacency come into their efforts.

Martin Wolf, chief economics commentator at the Financial Times, spoke to NDTV's Namrata Brar on the sidelines of the annual WEF meeting in Davos, Switzerland.

Countries should do away with subsidies for fossil fuels to help mitigate the impact of climate change, World Bank chief Jim Yong Kim today asserted, but felt removing them would be "politically difficult".

He says that while the mood this time at the summit is optimistic, there are still a lot of global issues that need to be resolved, adding that while the developing markets are growing, the pace of growth has come down.

Chinese currency renminbi is unlikely to supplant the US dollar as the world's reserve currency in the near term, former US Treasury Secretary Lawrence Summers said today.

Malaysian Air Asia's Anthony Fernandez and Middle East-based Indian businessman Yusuf Ali are believed to be exploring possible opportunities to enter the Indian aviation space.