LVB, Indiabulls HFC to merge in all-stock deal

Lakshmi Vilas Bank (LVB) said it will merge with Indiabulls Housing Finance (IBHF) to create the eighth largest private sector lender in an all- stock deal, a move that will be keenly watched on how it passes the regulatory muster.

Former West Indies cricketer visits local club

It was a memorable day for cricket fans in the neighbourhood, when West Indies player Alvin Kallicharran paid a visit to Kedar Academy, a cricket club functioning at Ramakrishna Mission Grounds, recently.

RCom’s Punit Garg to be non-executive director

“We wish to inform you that Shri Punit Garg…has ceased to be the Executive Director of the company with effect from 5 April. (He) will continue on the board of the company as non-executive director…,” RCom said in a regulatory filing.