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Insurer MUA Kenya to get extra capital after Sh1.6bn hole

Nairobi, July 16 -- Mauritius-based insurer MUA Limited is weighing recapitalisation of its Kenyan subsidiary following the uncovering of Sh1.6 billion hidden liabilities through a forensic audit that... Read More


Stanbic taps Safaricom's top strategy executive as CEO

Nairobi, July 16 -- Stanbic Bank Kenya has appointed a Safaricom executive, Michael Mutiga, as its chief executive, handing leadership of the lender to a banker credited with driving corporate strateg... Read More


State tightens gambling advertising rules with double-layer approvals

Nairobi, July 16 -- Betting firms will be subject to a double-layer approval of gambling advertisements under new rules aimed at promoting responsible gaming and protecting minors. New regulations de... Read More


MNRE Extends BIS Deadline For Above 200 kW Solar Inverters

Mumbai, July 16 -- The Ministry of New and Renewable Energy (MNRE) has extended the deadline for Bureau of Indian Standards (BIS) certification for solar inverters with capacity above 200 kilowatt (kW... Read More


Himachal Deploys 15,000 Personnel And 1,600 Machines To Restore Roads

Mumbai, July 16 -- Himachal Pradesh Public Works Department (PWD) minister Vikramaditya Singh said the state government had deployed around 15,000 personnel and 1,600 machines to restore road connecti... Read More


Delhi Mumbai Expressway To Be Completed In Two Years

Mumbai, July 16 -- Union Road Transport and Highways Minister Nitin Gadkari said the Delhi-Mumbai Expressway will be fully completed within two years, noting that 75-80 per cent of the project has alr... Read More


India Auto Sector Records 20 Deals Worth $717 Mn In Q2 2026

Mumbai, July 16 -- Grant Thornton Bharat said India's automotive sector recorded 20 deals worth $717 million (mn) in the second quarter of 2026, underscoring continued interest in the industry. Exclud... Read More


Do Indian companies still see assertive boards as takeover threats? Here's why they need to think again

New Delhi, July 16 -- For years, the ideal board member in many companies was a well known: visible in annual reports, invisible everywhere else. This director would attend meetings, nod thoughtfully ... Read More


TVS ILP launches AI-powered app for warehouse operations

Mumbai, July 16 -- TVS Industrial & Logistics Parks (TVS ILP) has launched ONE TVS ILP, an AI-powered application designed to digitise warehouse operations, customer service and business development a... Read More


Stock markets recover on buying in bank stocks, Sensex rises by 130 pts

India, July 16 -- Benchmark indices Sensex and Nifty recovered on Wednesday following buying in bank stocks and softer-than-expected US inflation data, reinforcing expectations that the Federal Reserv... Read More