|
Bain Capital has agreed to acquire joint control in Manappuram Finance by investing Rs 4,385 crore for an 18% stake. The transaction will trigger an open offer for an additional 26% stake. Existing promoters will maintain a 28.9% stake. Manappuram Finance aims to fuel growth and expand with Bain Capital's support.
Category:
News and Media
Finland is the happiest country in the world for the eighth year in a row, according to the World Happiness Report 2025 published Thursday.
Category:
News and Media
Indostar Capital Finance surged 15% in a month, outperforming the BSE Financial Services index. The NBFC improved asset quality, expanded its vehicle loan portfolio, and reduced credit costs. With falling funding costs and growing AUM, profitability is expected to improve.
Category:
News and Media
All news |
||||||||||||||||||
|