Lakshmi Vilas: CCI okays merger with IBH; hits upper circuit
Lakshmi Vilas: CCI okays merger with IBH; hits upper circuit

Lakshmi Vilas: CCI okays merger with IBH; hits upper circuit

Gayathri Udyawar Article rating: 4.8

The regulator for fair business practices the Competition Commission of India has approved the scheme of amalgamation of Indiabulls Housing Finance Limited (IBH) and Indiabulls Commercial Credit Limited (ICCL) with Lakshmi Vilas Bank Limited (LVB). The stock of LVB hits upper circuit limit.

Sundaram Finance to acquire stakes of BNP Paribas held in 2 JVs
Sundaram Finance to acquire stakes of BNP Paribas held in 2 JVs

Sundaram Finance to acquire stakes of BNP Paribas held in 2 JVs

Amir Shaikh Article rating: 4.0

Sundaram Finance (SFL) has entered into an agreement with its partner BNP Paribas for acquiring stakes held by the latter in their two joint venture companies called Sundaram BNP Paribas Home Finance Limited and Sundaram BNP Paribas Fund Services.

Elgi Equipments: UAE subsidiary enters JV for market expansion
Elgi Equipments: UAE subsidiary enters JV for market expansion

Elgi Equipments: UAE subsidiary enters JV for market expansion

Pratik Shastri Article rating: 5.0

Tamil Nadu-based air compressor manufacturer, Elgi Equipment informed in a stock exchange filing that its subsidiary in UAE has entered a joint venture with local Emirati, on Thursday after market hours.

Ten stocks close to their 52-weeks high
Ten stocks close to their 52-weeks high

Ten stocks close to their 52-weeks high

Shital Jibhe Article rating: 3.0

The markets on June 21, 2019 opened gap down. BSE Sensex is trading at 39,333.24, down by 268.39 points and the Nifty is trading at 11,767.85, down by 63.90 points. 

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