COMPANIES & SECTORS


Moneylife Digital Team 16 April 2026
Information technology (IT) company Wipro Ltd on Thursday approved its largest-ever share buyback programme worth ₹15,000 crore, signalling a major capital return initiative even as the company reported a marginal decline in quarterly profit.   In a regulatory filing, the company says its...

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Moneylife Digital Team 15 April 2026
Air India has reported a wider-than-expected loss of over ₹220bn (billion) or around US$2.4bn for FY25-26, hit by a series of operational disruptions and geopolitical challenges, according to a report by Bloomberg. The report says the airline is now seeking fresh financial support from its...

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Moneylife Digital Team 15 April 2026
The death toll from the boiler explosion at Vedanta Ltd’s thermal power plant in Chhattisgarh’s Sakti district has risen to 14, with around 20 workers still undergoing treatment, several of them in critical condition, marking one of the most serious industrial accidents in recent years.   The...

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SN Thyagarajan (Bar  and   Bench) 14 April 2026
The High Court of Australia recently held that India is entitled to sovereign immunity in proceedings seeking the enforcement of a $111 million arbitral award related to the Antrix-Devas dispute (CCDM Holdings LLC v. Republic of India).   A seven-judge Bench led by Chief Justice Stephen...

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Moneylife Digital Team 13 April 2026
Large-scale protests by factory workers over low wages and unmet salary demands turned violent in Uttar Pradesh’s Noida on Monday, with incidents of vandalism, arson and stone-pelting reported in the Phase-2 industrial area, severely disrupting traffic and prompting heavy police...

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Moneylife Digital Team 13 April 2026
Tata Consultancy Services (TCS) finds itself at the centre of a grave workplace misconduct controversy after eight women employees at its Nashik facility in Maharashtra came forward with allegations of sustained sexual harassment, mental abuse and attempted religious coercion spanning roughly...

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A little over a year ago, on 17 March 2025, Sundaram Financial Holdings Ltd—later rechristened TSF Investments Ltd—informed the stock exchange of acquiring the 100% equity ownership of Forge 2000 Pvt Ltd, for a total consideration of ₹16 crore.    TSF is a part of the Trichur Santhanam...

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Barely 18 months after Ratan Tata’s death, the philanthropic entities that control two-thirds of India’s biggest business empire are once again in turmoil. On 4th April, Venu Srinivasan, chairman emeritus of TVS Motor and vice-chairman of multiple Tata charities, resigned from the Bai Hirabai...

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Moneylife Digital Team 10 April 2026
Rising caustic soda prices, driven by the West Asia conflict, are squeezing India's aluminium-makers. Domestic caustic soda prices climbed 15%-20% year-on-year (y-o-y) in March 2026, according to Crisil Intelligence. The chemical accounts for 4%-5% of aluminium production costs, with...

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Moneylife Digital Team 10 April 2026
In a significant relief for home-buyers, the national consumer disputes redressal commission (NCDRC) has lifted the corporate veil between Ansal Hi-Tech Township Ltd (AHTTL) and its parent Ansal Properties and Infrastructure Ltd (APIL), holding them jointly liable to satisfy long-pending refund...

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Bar  and   Bench 10 April 2026
The Bombay High Court on April 8 set aside demands of over ₹1,100 crore raised by the Mumbai Metropolitan Region Development Authority (MMRDA) against Reliance Industries Ltd for alleged delay in completing construction of its convention-cum-commercial complex in Mumbai suburbs (Reliance...

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Moneylife Digital Team 09 April 2026
Updated at 4pm on 10 April 2026 to include a statement from Shapoorji Pallonji Mistry   Momentum for a possible listing of Tata Sons seems to be building, even though Tata Trusts chairman Noel Tata had directed the holding company’s leadership to explore ways to keep it private. A senior...

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Moneylife Digital Team 08 April 2026
The commission for air quality management (CAQM) has imposed environmental compensation of around ₹61.85 crore on six thermal power plants located within 300km of Delhi for failing to comply with mandatory biomass co-firing norms aimed at curbing air pollution.   In a statement, the Union...

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Moneylife Digital Team 08 April 2026
Billionaire industrialist Gautam Adani has secured a key legal opening in the US, with a federal court granting his request for a hearing to argue for dismissal of a fraud case filed by the US Securities and Exchange Commission (SEC).   The eastern district court of New York approved a...

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Moneylife Digital Team 08 April 2026
Competition commission of India has approved the acquisition of a 14.286% stake in Aditya Birla Housing Finance Ltd (ABHFL) by Indriya Ltd, an entity backed by global private equity major Advent International, paving the way for a ₹2,750 crore capital infusion into the housing finance...

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Moneylife Digital Team 07 April 2026
Raising serious concerns over the allocation of sites for pumped storage hydro-electric projects (PSPs) in Andhra Pradesh, former Union secretary EAS Sarma alleged that successive state governments have allotted valuable natural resource assets to private players through 'highly...

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KBS Sidhu 07 April 2026
The Reactor that Breeds its own Fuel On 6 April 2026 evening, prime minister Narendra Modi announced that the Prototype Fast Breeder Reactor (PFBR) at Kalpakkam in Tamil Nadu had attained criticality. The announcement was understated in its brevity, measured in its language. But the moment it...

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Moneylife Digital Team 07 April 2026
Campbell Wilson, the chief executive officer and managing director (MD&CEO) of Air India, resigned from the carrier, saying that he will step down from his role once a successor is appointed. The airline’s board has constituted a committee to identify Mr Wilson’s successor, with the selection...

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Moneylife Digital Team 06 April 2026
In a significant development in the high-stakes insolvency battle for Jaiprakash Associates Ltd (JAL), the Supreme Court (SC) on Monday declined to stay the implementation of Adani Enterprises Ltd's resolution plan, while directing the national company law appellate tribunal (NCLAT) to hear...

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Moneylife Digital Team 06 April 2026
India’s automobile retail sector closed FY25-26 on a record-breaking note, with total vehicle sales touching an all-time high of 296.71mn (million) or 2.96 crore units, registering a growth of 13.30% year-on-year (y-o-y), according to data released by the Federation of Automobile Dealers...

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