Milky Mist files draft papers for $236 million IPO
Milky Mist, a leading Indian dairy brand known for value-added products like cheese and paneer, has filed for a $236 million IPO.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
27 minutes ago
- Time of India
India-US trade: Officials react cautiously to Russia penalty threat
NEW DELHI: As President Trump threatened to impose a penalty on India for its trade ties with Russia, Indian officials reacted cautiously as they reiterated India's position that securing energy needs of the Indian people is the overriding priority. A source, speaking on condition of anonymity, said India is buying oil not because it wants to help Moscow but because it's the right thing to do based on the prevailing market conditions and the global geopolitical situation. Trump said India has always bought "a vast majority of their military equipment from Russia, and are Russia's largest buyer of energy along with China". However, India had been keen on announcing new plans for defence procurement and co-production arrangements with the US too. During PM Narendra Modi's visit to the US in Feb, Trump pushed India to lower tariffs and buy more defence products from the US that would facilitate a fair trade deal. With the US encouraging India to reduce its dependence on Russian-origin equipment, the leaders had agreed to expand defence sales and co-production to strengthen interoperability and defence industrial cooperation. In that context, govt sources here said some of Trump's claims don't stand up to scrutiny. "The fact is that India-US defence trade has been increasing since 2008, while the dependence on Russia continues to reduce considerably," said an official on condition of anonymity, adding that the US is now among the top arms suppliers to India along with Russia and France. While much has been made of India's imports from Russia, little attention has been paid to the fact that its crude imports from the US have seen a significant jump too with the US emerging as the 4th largest supplier to India in April this year, according to Indian officials. Stay informed with the latest business news, updates on bank holidays and public holidays . Discover stories of India's leading eco-innovators at Ecopreneur Honours 2025
Time of India
41 minutes ago
- Time of India
Trump's rant against India undercuts claim of having used trade to broker Operation Sindoor truce with Pakistan
NEW DELHI: When he lashed out at India for not lowering tariffs for American businesses, US President Donald Trump undercut the claim he has incessantly made: that on May 10, the Modi govt caved in to his threat of not doing trade with India if it did not pause Operation Sindoor against Pakistan. He had also suggested that India would get a good deal for its compliance. Trump's outburst on Truth Social on Wednesday conflicted with his claim of having frog marched India to cease Operation Sindoor by dangling the threat of stopping trade. Interestingly, the 'all things not good' admission from the US president, who has earned the reputation of being the global scold because of his petulance and pugnacity, came on a day when the two Houses of Parliament concluded a debate on Operation Sindoor that was dominated by Trump's claim of having mediated the suspension of hostilities. On Tuesday, PM Modi had refuted Trump's claim, saying no global leader had asked him to cease the offensive, and that it was the sheer ferocity of the IAF strikes on Pakistan's airbases that led Islamabad to sue for peace on May 10. That was getting as close as an Indian PM could get to accuse the US president of inexactitude. External affairs minister S Jaishankar went a step further on both Tuesday and Wednesday, stating that Trump and Modi did not talk between April 22 and June 16 when in a telephonic conversation, Modi had rebutted the suggestion that the operation against Pakistan was ceased because of anyone's mediation. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Modern manufacturing techniques explained. Shopper Experts Learn More Undo In a significant decision, the Modi govt got foreign secretary Vikram Misri to let out details of the conversation. India has also consistently rebutted Trump's claim that trade was a factor in India's decision to stop attacking Pakistan after May 10.
Economic Times
an hour ago
- Economic Times
‘Won't let anyone attack the dollar': Trump says US in talks with India after 25% tariff bombshell
US President Donald Trump said that the United States is negotiating with India after announcing a sweeping 25% tariff on Indian imports starting August 1. Speaking to reporters, Trump said India has 'one of the highest tariffs in the world,' but signalled that New Delhi may be willing to 'substantially reduce tariffs' as talks continue. Show more 01:45 10:53 02:27 09:12 05:20 03:27 03:01 08:33 03:13 11:00 04:25 11:07 05:01 03:17 02:18 02:12 01:38 06:44 01:38 02:09 10:01 09:08 06:02 01:14 02:43 02:11 03:39 08:26 14:38 06:10
