Milky Mist raises ₹482 crore in pre-IPO round led by Temasek arm

Mumbai: Milky Mist has raised about ₹482 crore in a pre-IPO round led by Singapore-based Temasek’s subsidiary Jongsong Investments Pte. Ltd, the dairy product maker said in a statement on…

Ambuja Cements’ Q4 profit jumps 79% to ₹1,830 crore; sees cost pressures ahead

Q4 profit jumps 79 per cent to ₹1,830 cr; sees cost pressures ahead Ambuja Cements Ltd, part of the Adani Group, on Monday reported a 78.5 per cent year-on-year jump…

Beverage players sharply focus on affordability, ramping up distribution this summer

Leading beverage makers are strengthening their affordability play in the aerated beverage segment while ramping up distribution, as they hope to garner stronger growth rates this summer season. The stronger…

Mitsu Chem Plast net profit doubles in Q4 on strong demand

, a leading global manufacturer of molded products, has reported that its net profit in the March quarter more than doubled to ₹8 crore on the back of strong demand.…

Repertoire drinking spurs new spirit launches

Alcoholic beverage companies are rolling out new products across spirit categories as consumption shifts from category loyalty to repertoire-led drinking. Nearly a dozen products are either already in market or…

How Navi is sharpening its IPO pitch ahead of a fresh FY27 filing

Navi Ltd is preparing to file fresh documents for an initial public offering in FY27, with profitability emerging one of its key highlights as the Sachin Bansal-backed fintech revives its…

Tactical tool or red flag? Inside the Q4 promoter pledging churn

Heightened market volatility in the March quarter brought promoter behaviour back into focus, with fresh signs of stress emerging in some pockets. A Mint analysis of 4,914 BSE-listed companies from…

Milky Mist raises around ₹480 crore from Temasek in a pre-IPO round

Value-added dairy major Milky Mist Dairy Food Limited has raised around ₹482 crore in a pre-IPO round anchored by Jongsong Investments Pte. Ltd., an affiliate of Singapore-based Temasek Holdings, according…

NCLAT approves Adani bid for Jaiprakash Associates

National Company Law Appellate Tribunal on Monday rejected Anil Agarwal-led Vedanta plea against approval of the lower bid amount of Adani Enterprises for Jaiprakash Associates, under bankruptcy proceedings. In all…

Adani Enterprises to invest ₹17,000 crore in airports, leads ₹40,000 crore FY27 capex

Adani Enterprises Ltd (AEL) will channel over 42 per cent of its planned ₹40,000 crore capital expenditure for FY27 into its airports business, including the construction of a new terminal…