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Business

Coca-Cola Plans December IPO Filing for Indian Unit

Coca-Cola Co. is considering filing a draft prospectus in December for an IPO of its Indian bottling unit, Hindustan Coca-Cola Beverages Pvt. The IPO, expected to raise around $1 billion, will mainly involve shares sold by existing investors, aiming for a valuation near $10 billion. Banks involved include Axis Capital, IIFL Capital, Kotak Mahindra, Citigroup, JPMorgan, and Morgan Stanley. Details may change as deliberations continue.

HT Business·3h ago

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Politics

Mamata Banerjee Avoids Confirming Rahul Gandhi as 2029 PM Candidate

At a high-profile opposition meeting in New Delhi, the INDIA bloc discussed leadership and strategy for the 2029 Lok Sabha elections. When asked if Rahul Gandhi would be the prime ministerial candidate, Trinamool Congress chief Mamata Banerjee did not give a direct answer, saying, “You will be the candidate,” and deferred details to a press conference the next day.

News18·33m ago·New Delhi

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World

Co-pilot attacks pilot on flight to Israel, passengers intervene

On a Dubai-to-Israel flight, a co-pilot violently attacked the pilot with a knife, causing the plane to rapidly descend 17,000 feet in two minutes. Eight passengers, including Israeli Zwika Manes, intervened to subdue the attacker after an emergency landing in Saudi Arabia. Manes described the incident as extremely traumatic, with blood everywhere and his family nearby during the attack.

Aaj Tak·42m ago

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Health

Novo Nordisk Plans Childhood Obesity Pilots in India

Danish drugmaker Novo Nordisk aims to launch pilot programs in India to address childhood and adolescent obesity. Emil Kongshøj Larsen, executive vice-president of International Operations, highlighted the long-term health benefits of early intervention to prevent obesity-related diseases like diabetes and cardiovascular issues. The company also supports increased public funding for chronic disease treatments and notes positive government involvement in diabetes care in India.

Business Standard·2h ago

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Entertainment

Shankar Mahadevan on Why Singers Forget Their Hit Song Lyrics

Shankar Mahadevan explained that singers often forget the lyrics of their own hit songs because once a song becomes popular, it recedes in the artist's mind. Shaan shared a humorous incident where he accidentally changed lyrics during a recording. The film 'Dil Chahta Hai' also celebrated its 25th anniversary, highlighting its lasting impact on Hindi cinema's storytelling, visuals, and music.

TOI Entertainment·46m ago

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Business

Centre's Fiscal Deficit Hits 41.9% of 2026-27 Target by August

The Centre's fiscal deficit reached 41.9% of its 2026-27 budget target by August 2026, up from 38.1% last year, driven by increased subsidy spending, especially on fertilisers. Total revenue was ₹13.7 lakh crore and total expenditure ₹20.8 lakh crore from April to August. Revenue and expenditure were 37.5% and 38.9% of their respective budget estimates, showing a rise in spending compared to last year.

Hindu Business·37m ago

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