Issue of 31st Aug-6th Sep 2026
LEAD ARTICLE
Sashidhar Jagdishan’s Tenure at HDFC Bank: Six Years of Carrying Other People’s Baggage
Sashidhar Jagdishan ended up doing two things his high-profile predecessor, Aditya Puri, successfully avoided for 26 years: a merger with Housing Development Finance Corporation Ltd (HDFC Ltd), the illustrious parent, and running a promoter-less bank. Taking on the merger meant giving up the old credit-deposit ratio comfort and CASA (current... Read More
BUSINESS
India Inc distributed record dividends in FY25-26, with aggregate payouts from a sample of 187 Bombay Stock Exchange (BSE) 200 companies touching ₹4.5 lakh crore, a 15% five-year annual growth rate and double the ₹2.2 lakh crore paid in FY20-21. Yet, the payout ratio, dividends as a share of...
Moneylife Digital Team
MARKET
Moneylife’s market breadth indicators maintained their position of emerging strength territory this week. The trends of the major indices in the course of the week's trading are given in the table below:     News JSW Energy crossed the 15GW (gigawatt) installed generation capacity...
Moneylife Digital Team
STOCKS
Emcure Pharmaceuticals Limited (Emcure) is transitioning from a predominantly acute and tender-led generics profile to a more balanced platform of chronic, specialty and complex therapies. The shift is being driven by brand-building in domestic cardio-metabolic and women’s health segments,...
Moneylife Digital Team
Divi’s Laboratories (Divi’s) is a leading Indian pharmaceuticals company specialising in generic APIs (active pharmaceutical ingredients) (bulk drugs used as key components in medicines) and intermediates and a global player in custom synthesis (contract manufacturing for pharma innovators). It...
Moneylife Digital Team
Indegene Limited (Indegene) is a digital-focused commercialisation services-provider to the life sciences industry, working with bio-pharmaceuticals, biotech and medical device companies. Its mandate spans analytics, technology and operational support across commercial, medical, regulatory and...
Moneylife Digital Team
TD Power Systems Ltd (TDPS) manufactures alternating current (AC) generators and electric motors for the global power generation and industrial sectors. Its product range spans steam turbine generators of up to 250MW (megawatt), gas turbine generators of up to 70MW, hydro turbine generators of...
Moneylife Digital Team
IPO REVIEW
Rays of Belief Limited (RBL), incorporated in 2017 and headquartered in New Delhi, is a for-profit social enterprise providing personalised intervention plans for children with neuro-developmental disorders, including autism spectrum disorder, attention-deficit/hyperactivity disorder, Down...
Moneylife Digital Team
Deepa Jewellers Limited (DJL), incorporated in 2016 and headquartered in Hyderabad, is engaged in retail and wholesale trading of gold and diamond jewellery, offering traditional and contemporary designs. The company’s portfolio spans regionally distinctive pieces — including vaddanam (waist...
Moneylife Digital Team
Nasik-based ESDS Software Solution Limited (ESDS), incorporated in August 2005, is an artificial intelligence (AI)-enabled provider of cloud, managed services, data-centre infrastructure and software solutions, and one of only two companies in India offering the full suite of these services....
Moneylife Digital Team
Kolkata-based Lumino Industries Limited (Lumino), incorporated on 30 March 2005, traces its origins to a partnership firm established in September 1989. The company is an integrated engineering-procurement-construction (EPC) player focused on manufacturing conductors, power cables and...
Moneylife Digital Team
Priority Jewels Limited (PJL), incorporated in 2007 and headquartered in Andheri (Mumbai), designs, manufactures and sells diamond-studded gold and platinum fine jewellery on a business-to-business (B2B) basis. Its product range spans daily-wear pieces — rings, earrings, pendants, neckwear and...
Moneylife Digital Team
CONSUMER ISSUES
The July 'cockroach' protests at Jantar Mantar in New Delhi brought forward two important outlooks. First, students and youngsters who make up 'Gen Z' have emerged as a very strong voice for all who are oppressed. The second, and most important, is Gen Z bypassing legacy media (read: TV...
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