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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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Hezbollah Claims Targeting Israeli Air Force Base Ramat David For A Second Time In 48 Hours

Hezbollah has launched a second attack on Israeli Air Force's Ramat David airbase. Lebanese militia fired back-to-back rockets at a crucial airbase in northern Israel. This is the second attack by Hezbollah on Ramat David base in the last two days. It is the northernmost IAF base in Israel with fighter jets, UAVs and helicopters based on it. Ramat Davit has been the main base of Israeli Air Force operations against Lebanon. Watch for more details.

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