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In February 2022, Vaidyanathan gifted shares worth ₹ 4 crore (US$470,000) to five of IDFC First's employees, including help and a driver. In May 2021, he gave away 4.3 lakh shares, worth over ₹ 2.4 crore (US$280,000) to three persons from IDFC First Bank to help them buy a house. [35]
In 2010, V. Vaidyanathan, then MD and CEO of ICICI Prudential Life, was appointed as the vice-chairman and MD of Future Capital Holdings. Vaidyanathan obtained a 10% stake in the company as part of the deal. [11] [12] The company later exited legacy businesses of forex, wealth, and broking, and reduced wholesale lending sharply. [13]
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[17] 139 shares of IDFC Bank were issued for every 10 shares of Capital First as part of the merger share swap. [18] The merger completed in December 2018, with IDFC Bank changing its name to IDFC First Bank. [19] [20] Vaidyanathan took over as the MD and CEO of the merged entity. The Reserve Bank of India approved his appointment for a period ...
If you use a 3rd-party email app to access your AOL Mail account, you may need a special code to give that app permission to access your AOL account. Learn how to create and delete app passwords. Account Management · Apr 17, 2024
A former FBI informant accused of lying about President Joe Biden and his son Hunter Biden’s alleged business dealings with a Ukrainian energy company has agreed to plead guilty to federal ...
In 2008–09, the company acquired 100% of the share capital of IDFC Capital (Singapore) Pvt Ltd. In the same year, the company established IDFC Foundation to focus on capacity building, policy advisory and sustainability initiatives. [9] IDFC Bank started operating banking services on 1 October 2015. [10]
Two Indian chemical companies have been indicted for allegedly importing ingredients for the highly addictive opioid fentanyl into the United States and Mexico, the U.S. Department of Justice said ...