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Tata Motors rises on commercial vehicle price hike to counter rising cost

Kenya, March 17 -- The company said that prices will be increase by up to 1.5% in order to partially offset the impact of rising commodity prices and other input costs. The increase will vary dependin... Read More


Leela acquires ultra-luxury Coorg resort, expands into wellness-led hospitality

Kenya, March 17 -- The 71 all-villa property, spread across 76 acres near Madikeri and surrounded by coffee and spice plantations, will be unveiled as The Leela Coorg Forest Sanctuary later this year.... Read More


NOCIL climbs after board clears Rs 130-cr capex for rubber chemicals facility expansion

Kenya, March 17 -- The company currently has a rubber chemicals capacity of 115,000 MTA, with utilization levels at around 70%. The proposed capacity addition involves expansion of some of its peak ut... Read More


LIC Mutual Fund Introduction of Weekly Frequency under SIP Facility for LIC MF Technology Fund

Kenya, March 17 -- LIC Mutual Fund Notice: Introduction of Weekly SIP Frequency Notice is hereby given to all the investors/unit holders that LIC Mutual Fund Asset Management Limited ("AMC") has decid... Read More


Indices trade with minor cuts; VIX drops over 5%

Kenya, March 17 -- The key domestic benchmarks traded with slight losses in early afternoon trade amid the ongoing war between Iran, Israel and US, while crude oil prices hovered above $100 per barrel... Read More


Time Technoplast bags Rs 116-cr order for Type IV CNG cylinders

Kenya, March 17 -- The contract, awarded by a domestic entity, covers the supply of Type IV CNG cylinders designed for mobile storage applications. The order is to be executed within one year. Time T... Read More


Benchmarks pare early gains; realty shares drop

Kenya, March 16 -- The headline equity indices pared early gains and traded modest losses in the morning trade as investor sentiment remained cautious amid the ongoing conflict involving Iran and risi... Read More


Goodluck India commences first overseas dispatch of heavy calibre empty shells

Kenya, March 16 -- "This dispatch represents a structured and milestone-driven journey undertaken by the Company over the past few months, and a significant advancement in the Company's expansion into... Read More


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