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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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'Thanks Salman...: Putin Praises Saudi Prince MBS for Key Role in Historic Move Amid Ukraine War

Saudi Crown Prince Mohammed bin Salman played a key role in facilitating a historic prisoner exchange. Russian President Vladimir Putin acknowledged Salman’s involvement during a Vladivostok panel discussion. Putin expressed gratitude for Salman’s contribution and also thanked Turkish President Recep Tayyip Erdogan for hosting the exchange. The swap, involving 26 individuals, included Wall Street Journal reporter Evan Gershkovich. Click to know more.

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