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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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Zelensky 'Takes Desperate Step' To Shield F-16s Amid Russian Attack Threat

Ukraine has admitted that it cannot fully protect its F-16s from Russian attacks on airbases. To counter this threat, the Ukrainian military has adapted sections of its highways to serve as makeshift airstrips for the jets. According to a report by a French TV channel, this strategy aims to minimise the risk of Russian strikes on valuable aircraft. The report explains that specific stretches of road, normally used by civilian vehicles, have been modified to accommodate military aircraft. Remember, Vladimir Putin has vowed to burn U.S.-made jets on Ukrainian battlefield.

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