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Car & General share rallies 31.3pc on raised interim dividend

Nairobi, Aug. 13 -- The share price of diversified dealer Car and General rallied by 31.3 percent during trading on the Nairobi Securities Exchange (NSE) on Thursday, after it more than tripled its in... Read More


Record bond bids expose weak private investment

Nairobi, Aug. 13 -- Investors splashed a record Sh460.4 billion for the purchase of three infrastructure bond (IFB) bonds, underlining the abundance of cash in an economy that is seeking passive inves... Read More


Jaya Hind Industries to Invest Rs 600 Crore in Expansion

Mumbai, Aug. 13 -- Jaya Hind Industries Pvt Ltd (JHI) has announced a phased investment of Rs 600 crore over the next two years to expand its manufacturing capacity and capabilities across High Pressu... Read More


U.S. airstrikes killed over 150 civilians in Yemen in 2025, Pentagon finds

India, Aug. 13 -- U.S. airstrikes targeting Iranian-backed Houthi rebels in Yemen last year killed more than 150 civilians, according to a Pentagon review of the attacks, which comes as concerns rise ... Read More


IIFL Finance launches special gold loan for women

India, Aug. 13 -- Leading non-banking financial company IIFL Finance on Wednesday announced a special gold loan offering for women borrowers in the run-up to Independence Day, designed to help women e... Read More


Gujarat plans new tourism policy ahead of 2030 Commonwealth Games

India, Aug. 13 -- The Gujarat Government is expected to unveil a new tourism and hospitality policy aimed at accelerating investment and expanding the State's tourism infrastructure ahead of the 2030 ... Read More


Stock markets decline for 2nd day amid rising crude oil prices

India, Aug. 13 -- Benchmark equity indices Sensex and Nifty ended lower for the second day on Wednesday as elevated crude oil prices and selling in Tata Group stocks after Tata Sons Chairman N Chandra... Read More


Rupee rises 3 paise to close at 95.33 against US dollar

India, Aug. 13 -- The rupee settled just 3 paise higher at 95.33 (provisional) against the US dollar on Wednesday, as hopes of a quick US-Iran agreement and reopening of the Strait of Hormuz faded. F... Read More


Central Bank of India mobilises $250 million under FCNR (B) window: CEO

India, Aug. 13 -- State-owned lender Central Bank of India has mobilised $250 million under the FCNR-B window introduced by the Reserve Bank of India (RBI), a senior bank official said on Wednesday. ... Read More


Axis Bank raises $300 million via bonds

India, Aug. 13 -- Axis Bank on Wednesday said it has raised $300 million (about Rs 2,850 crore) by selling bonds to overseas investors to fund business growth. The bank has successfully allotted $300... Read More