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