The number of days for which Israeli Prime Minister Benjamin Netanyahu is in India, beginning Sunday. This is his first visit to the country and also the first trip by an Israeli leader to India in 15 years. Shareholders of Capital First, a non-banking finance company, will receive 139 shares of IDFC Bank for every 10 shares held by them. IDFC Bank is paying top money—on Friday, the market capitalisation of Capital First stood at Rs8,266 crore and that of IDFC Bank at Rs23,019 crore—to buy itself growth and scale, especially on the retail side. And Lall will step into the role of non-executive chairman of IDFC Bank.

Source: Mint January 15, 2018 06:45 UTC