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BusinessHyFun Foods, a supplier to McDonald's and KFC, plans to raise up to ₹2,000 crore ($207.7 million) through an IPO by late 2028. The company aims to start IPO preparations by mid-2027 to fund expansion and focus on the growing domestic frozen-food market. Exports currently make up three-fourths of revenue but are expected to drop to half as local demand rises.
Business Standard·
BusinessThe Ministry of New and Renewable Energy (MNRE) has mandated that solar module model numbers submitted for registration or inclusion with the Bureau of Indian Standards (BIS) must specify the countries where the solar modules and cells are manufactured. This standard operating procedure aims to ensure transparency in the origin of solar components.
Mercom India·
BusinessThe Karnataka government is preparing to increase milk prices by Rs 8 to 10 per liter. The proposal is expected to be approved in a cabinet meeting by Tuesday afternoon. After approval, an official announcement will be made regarding the new milk prices and their implementation timeline across different milk categories in the state.
Aaj Tak··Karnataka
PoliticsOpposition Leader Rahul Gandhi and several INDIA bloc MPs held a dharna on Parliament Street, New Delhi, protesting Chief Election Commissioner Gyanesh Kumar. The protest followed security blocking their 'Save Democracy' march to the Election Commission headquarters. They allege vote theft and unfair voter deletions in the Special Intensive Revision of electoral rolls. Rahul Gandhi demanded Gyanesh's resignation, joined by leaders like Priyanka Gandhi Vadra and Akhilesh Yadav.
News18··New Delhi
BusinessThe Indian Energy Exchange (IEX) reported a 12.7% year-over-year increase in electricity traded volume during the second quarter of FY 2027, reaching 39,685 million units (MU). This growth highlights a significant rise in electricity trading activity on the platform compared to the same period last year.
Mercom India·
EntertainmentReports claiming that actors Yami Gautam and Aditya Dhar are leaving Mumbai to settle in Himachal Pradesh have stirred social media. The news mentioned Yami's connection to Himachal and property there. However, the couple is not actually preparing to leave Mumbai, and the truth behind these rumors has now emerged.
News18Hi Entertainment·
Business Standard·
HyFun Foods, a supplier to McDonald's and KFC, plans to raise up to ₹2,000 crore ($207.7 million) through an IPO by late 2028. The company aims to start IPO preparations by mid-2027 to fund expansion and focus on the growing domestic frozen-food market. Exports currently make up three-fourths of revenue but are expected to drop to half as local demand rises.
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