Milky Mist IPO: Temasek-backed firm flags Rs 229 crore contingent liabilities, milk-sourcing reliance, other key risks in RHP

IANS | August 12, 2026 4:12 PM

New Delhi, Aug 12 (IANS) Temasek-backed dairy products maker Milky Mist Dairy Food Ltd has warned that its heavy dependence on milk procurement from Tamil Nadu, concentration of sales in South India and reliance on a handful of product categories are among the key risks to its business, according to its red herring prospectus (RHP) filed for its initial public offering.

BRICS discuss linking CBDCs and fast payment systems: RBI Governor Malhotra

IANS | August 12, 2026 3:52 PM

New Delhi, Aug 12 (IANS) BRICS nations are exploring potential linkages between their fast‑payment systems and central bank digital currencies (CBDCs), Reserve Bank of India Governor Sanjay Malhotra has said, as New Delhi prepares to host the 2026 summit of the grouping in September.