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Top 10 biz headlines: Lakshmi Vilas-IBH merger, L&T-Mindtree deal, and more

From Lakshmi Vilas Bank, Indiabulls Housing merger to Daiichi-Ranbaxy case, Business Standard brings you top 10 business stories that made news on Friday

lakshmi vilas bank
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BS Web Team New Delhi
Lakshmi Vilas Bank to merge with Indiabulls Housing in a share-swap deal

Chennai-based Lakshmi Vilas Bank is set to merge with Indiabulls Housing Finance in a share-swap deal, reflecting the trend of consolidation in the financial services sector. The boards of both entities approved the merger proposal on Friday. Read more

CCI approves L&T's proposal to acquire up to 66.15% stake in Mindtree

The Competition Commi­ssion of India (CCI) on Friday approved engineering and construction major Larsen & Toubro’s (L&T’s) proposal to acquire up to 66.15 per cent stake in Mindtree.

With this nod, L&T has overcome the first major regulatory

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