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Mahindra Outlines Ambitious EV Strategy, Capacity Expansion Following Robust FY2026 Results

Mumbai, May 5 -- Mumbai-headquartered automotive major Mahindra & Mahindra (M&M) has signalled a bold new chapter in its global expansion, detailing plans for electric vehicle (EV) exports and signifi... Read More


April Sees Robust Record Automotive Retail Sales In India

Mumbai, May 5 -- The positive momentum for the Indian automotive industry continues to accelerate in the new fiscal year. In what comes as a record retail sales registration across categories, the tot... Read More


Air Arabia Abu Dhabi launches second service to Amman

Dhaka, May 5 -- Air Arabia Abu Dhabi has launched a new service to Amman City Airport from Zayed International Airport in Abu Dhabi, marking its second route to the Jordanian capital. The new service... Read More


HC junks SpiceJet's plea to review Rs 144 cr payment order in dispute with Maran

India, May 5 -- The Delhi High Court on Monday dismissed pleas by SpiceJet and its promoter Ajay Singh seeking a review of an earlier order to deposit Rs 144 crore in connection with its legal dispute... Read More


Billions frozen as banks switch off 33m accounts

Nairobi, May 5 -- Nearly a third of bank accounts have been closed for being inactive, freezing billions of shillings in the wake of data clean-up. Banks shut down 33.8 million accounts in the year t... Read More


Tycoon Buffett gives Kenya Sh3.8bn for the second year

Nairobi, May 5 -- Warren Buffett, the world's most famous investor, has offered a health grant to Kenya for the second successive year, helping fill the gap left by cuts in foreign donations by US Pre... Read More


From pricing to politics: the power of segmentation

Nairobi, May 5 -- My wife had a hearty laugh on my account when I showed up with a fancy-looking cough syrup a couple of evenings ago. They have sold you the most expensive kind, she said, in amusemen... Read More


SIC Investment plans land sale to compensate investors

Nairobi, May 5 -- Cash-strapped SIC Investment Co-operative plans to offload its undeveloped land to ease liquidity pressures and pay millions of shillings owed to investors. The co-operative, which ... Read More


Chinese company bags Sh7.5bn contract to repair the 'killer' Nithi Bridge

Nairobi, May 5 -- A Chinese firm has been awarded a Sh7.5 billion contract to realign the accident-prone Nithi Bridge, marking a major milestone for President William Ruto's administration, which has ... Read More


I&M Bank Kenya marks Sh6.5bn from bond sale to repay dollar debt

Nairobi, May 5 -- I&M Bank Kenya will use part of the proceeds from its May corporate bond to retire dollar denominated debt to the tune of $50 million (Sh6.5 billion) and mitigate the firm's exposure... Read More