Tuesday, August 25
Bangladesh is set to hold the funeral of a prominent youth leader on Saturday amid tight security following unrest in the country triggered by his death.The funeral prayer will be held at the South Plaza of the National Parliament Building at 2 pm, the press wing of the interim government of Bangladesh has announced.The government imposed a ban on flying drones in and around the Sangsad Bhaban during janaza, Prothomalo news portal reported.Those wishing to attending the funeral have been asked not to carry any bags or heavy objects with them, it added.In a social media post on Friday, Inqilab Mancha said, "Upon the family's wishes, a decision has been taken to bury Hadi beside the grave of national poet Kazi Nazrul Islam and to hold his funeral prayer after Zuhr tomorrow at Manik Mia Avenu
The MUFG Bank, Japan’s largest lender with $2.8 trillion in assets, said Friday it would subscribe to a preferential equity allotment for a 20% stock ownership in Shriram Finance with a financial commitment of Rs 39,620 crore in what would be the biggest foreign direct investment (FDI) in India’s financial services.MUFG said it entered into an investment deal with Shriram Finance (SFL) and its major shareholders, Shriram Ownership Trust and Shriram Capital, for the preferential allotment. Upon completion of the deal, subject to regulatory approvals, Shriram Finance would become an equity affiliate of both MUFG and MUFG Bank, the Japanese lender said in a statement, confirming ET’s October 1 newsbreak.MUFG’s India Playbook 126084043 SFL’s stock price has rallied more than 46% sinc
