Lakshmi Vilas Bank comes under Sebi scanner for 'insider trading'

LVB had faced some serious flak in terms of bad loans, earnings and credit rating downgrades, since 2016. Capital markets regulator Securities and Exchange Board of India (Sebi) is examining......

Will PNB acquire beleaguered Lakshmi Vilas Bank?

PNB has rich experience in the integration of commercial banks. The Reserve Bank of India (RBI) is learnt to have told state-owned Punjab National Bank to get ready to take over Lakshmi Vilas Bank......

Fortis wants Sebi to take legal action against Singh brothers

The previous board of Fortis Healthcare had links with Singh brothers and there was an investigation by law firm Luthra and Luthra into Rs 472 crore that was diverted into other companies. Fortis......

For Singh brothers, truce is temporary, split only way out

NCLT allows Shivinder to withdraw petition against his brother Malvinder. Final decision to be taken by family members in their presence. The National Company Law Tribunal's principal bench in New......