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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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'Putin Aide Mocks UK Over Pledge To Support Ukraine For 100 years; 'Britain Likely To Sink...'

Former Russian President Dmitry Medvedev, now Deputy Chair of the Security Council, has dismissed UK Foreign Secretary David Lammy's promise of 100 years of support for Ukraine as a lie. Medvedev mocked Lammy's remarks and threatened the UK, claiming the island of Britain might sink in the coming years. Click to find out more.

from Times of India https://ift.tt/wIJ7Wz5
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