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RBI Clears Bain Capital's Proposed 41.66% Stake Acquisition In Manappuram Finance

The Reserve Bank of India has approved Bain Capital-linked entities to acquire up to a 41.66% stake in Manappuram Finance, paving the way for joint control alongside existing promoters. The clearance comes with conditions on future shareholding and group NBFC exposure, while approvals for key subsidiaries remain pending. from NDTV Profit - Latest https://ift.tt/R6Ei1us
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10 cops injured after clash breaks out during Muharram procession in west Delhi's Nangloi

At least ten people were injured after a violence broke out during Muharram procession in west Delhi's Nangloi. A group of people participating in Muharram processions clashed with police and threw stones at them. At least 10 police officers were injured, and several vehicles were damaged during the confrontation, which occurred after the group attempted to change the designated procession route and was stopped by the authorities.

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