A big bank merger happened today, here are the details

THE ECONOMIC TIMES Daily Newsletter

IDFC Bank, Capital First announce merger; What it means for banking V Vaidyanathan, currently Chairman and MD of Capital First, will succeed Rajiv Lall as MD and CEO of the combined entity.

Your take-home salary could go up after Budget if this plan goes through Out of the various deductions available under the Act, section 80C is primarily an investment-led tax avenue that helps in reducing one's tax liability.

Your passport will see a big tweak soon, here's why you should take note The last page of the passport and other travel documents issued under the Passports Act, 1967 and Passport Rules, 1980 "would no longer be printed"​.

Supreme Court crisis will be settled: Attorney General KK Venugopal Venugopal on Friday said the judges could have avoided going public with their complaints against Chief Justice Dipak Misra. He also said that the judges were men of repute and statesmen and hoped that they would solve their difference amicably.

Check these 7 tax savers before you invest again It is always better to plan your tax saving moves in advance, so take an estimate before you make fresh investments.

Why this Indian startup caught the attention of Ivanka Trump Its flagship product is a biomedical wearable that can detect oncoming epileptic seizures, thereby helping patients get timely treatment.

View: Was the SEBI action on PwC justified? The SEBI roiled the small world of auditors and auditing firms in India and across the globe with its two-year ban against the entities and firms associated with the PW network.

India major global player in fighting climate change: Antonio Guterres Guterres said that the G77 has been the "central pillar in the defence of multilateralism and these are not easy times for multilateralism.

From our Partners Making your first mutual fund investment Investors should also read the scheme related documents and understand the investment objective of the mutual fund scheme, know the securities in the scheme where money will be invested.

IDFC Bank, Capital First announce the merger; What's in it for shareholders The deal is conditional on central bank and other regulatory approvals. Will disinvestment drive give market a liquidity headache? Coal India hiked its prices by 9% as a way to compensate wage hikes.

Tata Steel begins to recast up to $2.5 billion of global debt This will be among the largest fund-raising exercises that the group will be undertaking after N Chandrasekaran took over as Tata Sons chairman in February last year.

From our Partners Six smart things to know about bonus in insurance plans Not all life plans are eligible for bonus. Plans can either be participatory, thereby qualifying for bonus, or non-participatory, that do not qualify for bonus.

Infosys is in slow lane, again; growth may be muted in FY18 In Q3, company added 79 clients as against 72 in the previous quarter

Unclaimed bank deposit pile crosses Rs 8,000 crore The number of accounts where funds remained unclaimed has doubled from 1.32 crore in 2102 to 2.63 crore in 2016.

Indian MNCs look to align with new US rules to avoid tax spike Among those that will need to do so are Reliance Industries, Tata Motors, Mahindra and Mahindra, Wipro, Tata Consultancy Services, Infosys and Asian Paints, experts said.

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