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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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‘Absolute Evil’: Iran Predicts Israel Closer To Defeat Than Victory

Iran's foreign ministry spokesperson Nasser Kan'ani condemned Israel, calling it a "cancerous tumor" and "absolute evil" amid delayed ceasefire negotiations in Gaza. He stated that Israel's excessive demands in the talks signal it is closer to defeat than victory. Iran reaffirmed its commitment to supporting Palestinians, criticizing Israel for its actions not just in Gaza but across the region.

from Times of India https://ift.tt/bPgDBpy
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