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IDBI Bank tumbles amid reports strategic stake sale may be scrapped

Kenya, March 16 -- According to media reports, financial bids from potential buyers were lower than the reserve price set by the inter-ministerial group on disinvestment in the finance ministry. The p... Read More


Dollar index hovers around 100 mark

Kenya, March 16 -- The dollar index is seen hovering around the 100 mark on Monday morning in Asia, its highest level in around 4 months. Disruption in oil market and surging energy costs fueled infla... Read More


Midnight terror attack foiled in Maiduguri, other parts of Borno

Nigeria, March 16 -- A joint force of the army, air force, police and local vigilantes have thwarted a terror attack on Ajilari, a Maiduguri (Borno State) suburb adjacent to a Nigerian Air Force base ... Read More


Volumes spurt at ZF Commercial Vehicle Control System India Ltd counter

Kenya, March 16 -- Manappuram Finance Ltd, Marico Ltd, IDBI Bank Ltd, Navin Fluorine International Ltd are among the other stocks to see a surge in volumes on BSE today, 16 March 2026. ZF Commercial ... Read More


Britannia Industries appoints Rakshit Hargave as CEO & MD

Kenya, March 16 -- The company's board had earlier approved Hargave's appointment on 10 November 2025, based on the recommendation of the Nomination and Remuneration Committee. His five-year term will... Read More


Aster Dm Healthcare drops as nurses' strike disrupt hospital operations

Kenya, March 16 -- The company operates seven hospitals in Kerala, the strike has resulted in temporarily disruption of operations, including reduced occupancy levels and skeletal nursing staffing in ... Read More


JK Lakshmi Cement emerges preferred bidder for New Umrangso limestone block in Assam

Kenya, March 16 -- The limestone block spans an area of 200 hectares, the company said. The official announcement was made on 13 March 2026 on the BSE after market hours. JK Lakshmi Cement is a cemen... Read More


Barometers pare losses; oil & gas shares slide

Kenya, March 16 -- The domestic equity benchmarks pared all early losses and traded with marginal gains in mid-morning trade amid mixed global cues. Elevated crude oil prices, with Brent holding above... Read More


Honda commences India road testing for 0 Alpha electric SUV

India, March 16 -- Honda Cars India has officially begun public road testing for its first battery-electric vehicle (BEV), the 0 Alpha (Zero Alpha). The test mule was flagged off from the company's Ta... Read More


Lloyds Metals commences commercial production of copper cathodes at Congo-based plant

Kenya, March 16 -- The plant has successfully produced its first copper cathodes, confirming operational readiness and the start of commercial operations. The project is operated through the company'... Read More