Amul hikes milk prices Rs 2/litre as Airtel, Zydus unveil major corporate moves ahead of Q4 results
Indian markets set for positive open May 14 with Nifty at 23,412 and Sensex at 74,608. Amul raises milk prices by Rs 2/litre signaling FMCG input pressure. Airtel approves Rs 28,220 crore share swap for 16.31% Airtel Africa stake; Zydus acquires Assertio for $166.4M. Q4 earnings due from Tata Motors, DLF, JSW Steel.
What happened
Bharti Airtel · Indian benchmarks set for positive open May 14, 2026; Q4 earnings from Airtel, Tata Motors, JSW Steel, DLF due. Airtel approves Rs 28,220 crore
Key facts
- Nifty 50: 23,412.60 (+0.14%)
- Sensex: 74,608.98 (+0.07%)
- GIFT Nifty: 23,573
- Brent: <$106
- WTI: ~$101
- Airtel share issue: Rs 28,220 crore / 14.6 crore shares / 16.31% Airtel Africa stake
- Zydus-Assertio deal: $166.4 million
- IDBI bonds: up to Rs 10,000 crore
- Easy Trip rights issue: Rs 500 crore
- Amul milk price hike: Rs 2
Why this matters
Airtel's Rs 28,220 crore share swap for 16.31% Airtel Africa and Zydus's $166.4M Assertio buy underscore an active cross-border M&A window for Indian corporates.