IDFC Ltd will merge into IDFC First Bank effective October 1, following approval from the National Company Law Tribunal. The merger will dissolve IDFC financial holdings and simplify the corporate structure. IDFC First Bank will issue new equity shares and address accumulated losses, potentially enabling future dividend payments.
Old Fox has dream run on Dalal Street
The Old Fox of Dalal Street has been on a dream run since the past couple of weeks. On Friday, most stocks that he had
August 19, 2026