Issue of 20th Apr-26th Apr 2026
LEAD ARTICLE
A Rally in Search of Reality
Markets often behave as though they have already read next week’s headlines. In some cases, they do, when prices mysteriously rise or fall before actual events. So, is the current rally telegraphing a durable peace plan in the Middle East, boosted by US president Donald Trump’s incoherent and contradictory posts on social media? Across the... Read More
CROSSHAIRS
On a quiet Sunday afternoon, while most people were celebrating Akshaya Tritiya, a set of emails addressed to senior Tata trusts functionaries and the charity commissioner of Maharashtra, triggered a fresh escalation over trusteeship issues at the Tata trusts. The Tata trusts form India’s...
BUSINESS
India's government is planning a nationwide push to adopt flex-fuel vehicles (FFVs), capable of running on ethanol blends of up to 85%. The move is driven by rising oil-import risks amid the West Asia conflict which briefly pushed global crude above US$100/barrel, before easing. The petroleum...
Moneylife Digital Team
MARKET
Moneylife’s market breadth indicators have maintained their position in bullish territory this week, marking a continuation of the rare strength seen in early-April. However, beneath the headline improvement, the proportion of stocks trading above their 20-day, 50-day and 200-day moving...
Moneylife Digital Team
STOCKS
Transformer and Rectifier India Limited (TARIL), one of India's leading manufacturers of transformers rated up to the 1,200kV (kilovolt) class, reported a mixed set of results for Q4FY25-26, with top-line growth offset by margin compression and a notable shortfall against full-year guidance....
Moneylife Digital Team
Baazar Style Retail Limited (Baazar Style) is a value fashion retailer focused on mass and aspiring consumers in non-metro India, with a strategic emphasis on eastern and central regions. Founded in 2013 and headquartered in Kolkata, the company has built a scalable retail model centred on...
Moneylife Digital Team
India’s non-ferrous metals recycling industry is currently undergoing a massive structural shift from a fragmented, unorganised sector to a formalised manufacturing ecosystem. Historically, the unorganised sector accounted for nearly 80% of recycling activity in FY15-16, but this share has...
Moneylife Digital Team
SJS Enterprises Limited (SJS) is a leading manufacturer of premium aesthetic and decorative components, catering to the automotive and consumer industries. The company operates in the high value-added segment of the auto-ancillary space, focusing on products that enhance the visual appeal,...
Moneylife Digital Team
CONSUMER ISSUES
It started with what seemed like a routine message.   Ramesh Kulkarni, a small-business owner in Pune, received a WhatsApp message from what appeared to be his bank's customer support team. His account would be blocked, the message warned, unless he updated his know-your-customer (KYC)...
COMPANIES & SECTORS
How material is an unanticipated past tax liability of ₹6,436 crore in the case of a company whose average annual tax expenditure was approximately ₹5,500 crore in the recent few years?   HCL Technologies Ltd, a major player in the software industry, announced the results for the fourth...
NATION
Global research firm Bernstein has published an open letter to Indian prime minister (PM) Narendra Modi, laying out eight critical areas where the country must act decisively or risk falling into long-term economic dependence. The letter, authored by analysts Venugopal Garre and Nikhil Arela...
Moneylife Digital Team
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