Kenya Airports Authority (KAA) said it has received an investment proposal from the Adani Group for the upgradation of the airport in Nairobi. The investment proposal under the public-private partnership has been submitted by Adani Airport Holdings...

In a strategic move to bolster his position as India’s largest building materials maker, billionaire Kumar Mangalam Birla has struck a deal with N Srinivasan and his family to acquire their cement business for £395.4 mn.

Apple is finally set to make Pro series of iPhones in India, in an affirmation to the country’s Make in India initiative. However, there are “no immediate plans” to assemble iPad tablets and MacBook laptops in India for now.

ICICI Bank has launched the ‘Student Sapphiro Forex Card’, a premium forex prepaid card crafted specifically for students who are travelling abroad from India for higher education to overseas destinations, including the UK.

Reliance Industries posted a 4% drop in first quarterly profit, hurt by weak refining margins. Profit stood at £1.74 bn in Q1FY25, falling short of analysts’ expectations. Revenue gained 12% to £ 23.6 bn benefiting from the strength of oil-to-chemical...

India's commerce and industry minister Piyush Goyal appealed to the Indian diaspora of the US to help promote the country as a preferred investment destination, highlighting the vast opportunities available in various sectors.

Governor Shaktikanta Das said the Reserve Bank does not have any plan to allow business houses to promote banks at present. Allowing corporate houses to promote banks exposes one to conflict of interest risks and related-party transactions,...

India’s pharmaceutical exports continue to register double-digit growth, reflecting the strong demand for the country’s affordable generic medicines in global markets led by the USA and UK.

IMF revised the growth projection for India to 7% during the current financial year, compared to the earlier estimate of 6.8%, citing upward revisions to growth last year and improved prospects for private consumption, especially in rural areas....

India's retail inflation rose to a four-month high in June, led by a spurt in prices of food and beverages, delaying any prospects of interest rate cuts for now, while industrial output growth surged to a seven-month high in May on the back...