Indian Business News and Updates: Milky Mist gets SEBI nod for IPO - FIIs & DIIs Action on October 24 - Business in the Week

 Milky Mist gets SEBI nod for Rs 2,000-crore IPO

The Tamil Nadu-based dairy major is gearing up for a Dalal Street debut as it looks to strengthen its balance sheet, diversify beyond southern markets, and take on larger FMCG and dairy rivals like Amul, Hatsun Agro and Britannia.

India won’t just consume the GLP - 1

In the short term, Eli Lilly and Novo Nordisk will continue to dominate due to strong branding and doctor trust. But in the medium to long term, expect Indian pharma to emerge as a major competitive force bringing innovation, affordability, and scale to one of the fastest-growing drug segments in history.

FIIs & DIIs Action on October 24

DIIs bought shares worth Rs 12,476 crore and sold shares worth Rs 12,303 crore. In contrast, FIIs purchased shares valued at Rs 11,768 crore while offloading shares worth Rs 11,147 crore

Business in the Week

The IPO rush hour is building. The coming week will give you a glimpse of it. That’s not all, brace for a clutch of high frequency indicators like IIP and fiscal deficit. Earnings numbers are also rolling. Do keep a watch

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