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Lakshmi Vilas Bank to merge with Indiabulls Housing…

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…

CCI approves L&Ts proposal to acquire up to…

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…