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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 Draws New Red Lines With West Over Use of Long-Range Missiles

Russian President Vladimir Putin has issued a chilling ultimatum, warning that if NATO allows Ukraine to use long-range missiles to strike inside Russia, it would push the alliance into a direct war with his country. Putin cautioned that such an escalation would fundamentally change the conflict, forcing Russia to take "appropriate decisions" based on the new threats. According to a report by Guardian, west has lifted restrictions on long-range missiles for Ukraine Watch.

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