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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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Russian Defence Ministry Reports: Over 500 Ukrainians Troops Killed and Military Equipment Destroyed In Kursk

In a dramatic escalation, the Russian Defense Ministry reported that Ukrainian forces suffered up to 520 casualties in a single day. Russian Battlegroups targeted multiple Ukrainian brigades and destroyed significant military assets, including vehicles and artillery. The assault resulted in the annihilation of six vehicles, including advanced weaponry, and two field ammunition depots.

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