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Court revives 'dead' firm to allow KRA collect Sh476m in taxes

Nairobi, July 6 -- The High Court has ordered the revival of a company that "died" six years ago to allow the Kenya Revenue Authority (KRA) pursue tax dues. The court directed the Registrar of Compan... Read More


How oversupply of short stay rentals is shrinking investor profits in Kenya

Nairobi, July 6 -- Lennox Otieno founded Subleasing Kenya in 2023 when the short-term rental market was highly lucrative. He started with four short stay units, two in Nairobi and two in Mombasa, at a... Read More


ABS Marine Sees CRISIL Credit Rating Upgrade

Mumbai, July 6 -- ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contract... Read More


Commerce Ministry Calls Stakeholders Meet On SEZ Reforms

Mumbai, July 6 -- The Commerce Ministry has convened a stakeholders meeting on June 30 in New Delhi to discuss issues related to special economic zones, an official said. The gathering will focus on t... Read More


JK Cement Plans To Boost Capacity Utilisation And Premiumisation

Mumbai, July 6 -- JK Cement is prioritising enhanced capacity utilisation and aggressive premiumisation to protect margins against cost inflation. The company is executing an expansion-led strategy to... Read More


DACL Fine Chem to Invest Rs Five Billion in Kakinada SEZ Plant

Mumbai, July 6 -- DACL Fine Chem will invest Rs five billion (Rs 5 bn) to set up a speciality chemicals manufacturing facility at the Kakinada Special Economic Zone following the signing of a memorand... Read More


Desco Infratech Secures Rs 67.4 mn Order From Adani Total Gas

Mumbai, July 6 -- Desco Infratech gained after the firm said it had secured a purchase order worth Rs 67.4 mn from Adani Total Gas (ATGL) for MDPE pipeline laying and last?mile connectivity activities... Read More


TiL To Invest In 49 Per Cent Of Adani Vizhinjam Port

Mumbai, July 6 -- Terminal Investment Limited (TiL), the terminal arm of the Mediterranean Shipping Company Group, has agreed to acquire a 49 per cent stake in Adani Vizhinjam Port Private Limited, th... Read More


TARIL Secures Ultra Mega Transformer Order From PGCIL

Mumbai, July 6 -- Transformers and Rectifiers (India) Limited has received Notifications of Awards from Power Grid Corporation of India Limited (PGCIL) for multiple contracts to manufacture transforme... Read More


KPIL Secures New Orders Worth Rs 2,957 Crores

Mumbai, July 6 -- Kalpataru Projects International Limited said on Tuesday, 30 June 2026 that it and its international subsidiaries secured new orders and notifications of awards totalling Rs 2,957 cr... Read More