Bain Capital is nearing a deal to acquire a controlling stake in Manappuram Finance. The agreement involves fresh capital from Bain and a secondary share sale by promoters, potentially increasing Bain’s stake to 46%. The deal is expected to bring management changes, with a new CEO and initial joint operations.
ITC Hotels Q3 Results: PAT jumps 77% YoY to Rs 235 crore, revenue rises 47%
ITC Hotels posted strong Q3FY26 results, with net profit surging 77% year-on-year to Rs 235 crore and revenue rising 47%, driven by robust hotel demand,