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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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Water Storage Breach At Vedanta Alumina Refinery In Odisha Impacts Farm Land

A water storage facility breach at miner Vedanta's aluminium unit in Odisha has impacted agricultural land, the company said on Monday. The incident happened at Vedanta's Lanjigarh alumina refinery in Odisha. The water overflowed due to heavy rain. Vedanta Aluminium said it is "actively addressing" the breach, which occurred during the early hours of Sunday.



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