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  • Kenya eyes 1 lakh visitors from India in 2018 Sep 15, 2016 09:40 AM IST

    Kenya eyes 1 lakh visitors from India in 2018

    The country is expecting around 70,000 visitors from India in the current year, after the African nation witnessed a decline in Indian visitors to 49,700 last year.

  • Cabinet approves MoUs with Kenya, Mozambique Sep 12, 2016 03:14 PM IST

    Cabinet approves MoUs with Kenya, Mozambique

    The MoU was signed on July 11 this year at Nairobi during the visit of Prime Minister Narendra Modi.

  • Indian IT, telcom companies sign 10 MoUs at Kenyan expo Sep 08, 2016 09:44 AM IST

    Indian IT, telcom companies sign 10 MoUs at Kenyan expo

    Some 100 firms took part in the event on September 1-3. "I strongly believe that India has vast experience in setting up of ICT infrastructure and the experience can be leveraged by the government as well as the private sector in African nations.

  • It will be idiotic to attack Urjit Patel: Subramanian Swamy Aug 21, 2016 12:26 AM IST

    It will be idiotic to attack Urjit Patel: Subramanian Swamy

    Urjit Patel's appointment as new RBI Governor appeared to have support of BJP MP Subramanian Swamy who had launched a series of attacks against the outgoing Governor Raghuram Rajan.

  • Steel Strips Wheels bags export order; stock gains 4% Jul 20, 2016 12:00 PM IST

    Steel Strips Wheels bags export order; stock gains 4%

    The order includes development of 16'' ground wheels and marks company's entry into east Africa.

  • Ashok Leyland to set up bus assembly unit in Kenya Jul 18, 2016 10:34 AM IST

    Ashok Leyland to set up bus assembly unit in Kenya

    The new plant in Kenya will serve at least three neighbouring countries, besides catering to local demand.

  • Exim Bank inks pact for $45 mn loan to Kenya Jul 13, 2016 09:16 PM IST

    Exim Bank inks pact for $45 mn loan to Kenya

    With this loan agreement, Exim Bank has now placed 207 Lines of Credit, covering 63 countries in Africa, Asia, Latin America, Europe, Oceania and the CIS, with credit commitments of over USD 14.95 billion.

  • India to lend Kenya $45 million to boost manufacturing sector Jul 12, 2016 08:04 AM IST

    India to lend Kenya $45 million to boost manufacturing sector

    Prime Minister Narendra Modi is on a four-nation tour of Africa that is part of a policy push to make his country a more global player, economically and diplomatically.

  • India, Kenya sign 7 pacts; to deepen cooperation in security Jul 11, 2016 03:44 PM IST

    India, Kenya sign 7 pacts; to deepen cooperation in security

    Prime Minister Narendra Modi, after his talks with Kenyan President Uhuru Kenyatta here, also announced extension of concessional Line of Credit (LOC) of USD 44.95 million to the African nation to help it in development of small and medium enterprises and textiles.

  • Desire to take India's growth beyond 8%: PM Modi in Nairobi Jul 11, 2016 09:04 AM IST

    Desire to take India's growth beyond 8%: PM Modi in Nairobi

    "At a time when the world is going through an economic downturn, India is the only bright spot," Modi said in his trademark diaspora rally at the Kasarani Stadium here soon after arriving from Tanzania on the fourth and final leg of his four-nation African tour.

  • See revenues growing by 15-20% in FY17: Skipper Jul 07, 2016 11:27 AM IST

    See revenues growing by 15-20% in FY17: Skipper

    The company has expanded its international business in Congo, Kenya, Ghana and Malaysia, aid Sharan Bansal, Director at Skipper.

  • Skipper up 5% on order win in domestic, international market Jul 07, 2016 10:14 AM IST

    Skipper up 5% on order win in domestic, international market

    The total value of the said orders are approximately Rs 100 crore.

  • Tata Motors launches Ultra range of LCVs in Kenya Jun 09, 2016 05:08 PM IST

    Tata Motors launches Ultra range of LCVs in Kenya

    Tata Ultra range, which the company addresses as business utility vehicle, can cater to payloads ranging from 4-11 tonnes and engine capacities from 125-180 HP.

  • Godrej ups stake in DGH-owned Style Industries by 39% Mar 09, 2016 10:02 AM IST

    Godrej ups stake in DGH-owned Style Industries by 39%

    Speaking to CNBC-TV18, Adi Godrej, Chairman of the Group said that the company is happy to increase its stake in the subsidiary and that the operations from sales in Kenya are high.

  • Godrej Consumer up 2%; to buy 75% stake in Canon Chemicals Feb 04, 2016 09:43 AM IST

    Godrej Consumer up 2%; to buy 75% stake in Canon Chemicals

    The company's subsidiary has entered into an agreement with Canon Chemicals for the acquisition of 75 percent equity stake in its business in Kenya.

  • Supreme Tex up 5%, to consider stake buy proposal from Kenya co Jan 07, 2016 12:29 PM IST

    Supreme Tex up 5%, to consider stake buy proposal from Kenya co

    "Board of directors of the company, on January 19, will consider proposal from Kenya-based Apple Insurance Incorporate for acquisition of 24 percent holding in the company," says the Punjab-based textile company.

  • Air France flight makes emergency landing after bomb alert Dec 20, 2015 06:10 PM IST

    Air France flight makes emergency landing after bomb alert

    An Air France flight from Mauritius to Paris was forced to make an emergency landing in Kenya early today after a suspicious package was found on board, Kenyan police said.

  • Airtel, Facebook expand free internet service across Africa Nov 17, 2015 10:48 PM IST

    Airtel, Facebook expand free internet service across Africa

    Airtel Africa had already been working with Facebook since 2014 in enhancing accessibility to the internet in an affordable manner through the launch of Free Basics in Africa.

  • OnMobile up 4.5%, wins ringback tone biz in Airtel Nigeria Oct 19, 2015 01:50 PM IST

    OnMobile up 4.5%, wins ringback tone biz in Airtel Nigeria

    The company will now provide Ringback Tones to Airtel subscribers in Nigeria in addition to those in Kenya, Tanzania, Uganda, Zambia, Madagascar, Rwanda and Malawi.

  • India keen to increase ICT business with Africa: Govt Sep 28, 2015 08:19 PM IST

    India keen to increase ICT business with Africa: Govt

    Speaking at the Indo-Africa ICT Expo in Nairobi (Kenya), Telecom Secretary Rakesh Garg said India has a lot of experience in policies, technology, skills development and innovative solutions that can be shared with Africa.

  • VLCC files IPO papers with Sebi Sep 24, 2015 02:11 PM IST

    VLCC files IPO papers with Sebi

    The IPO comprises fresh issue of shares worth Rs 400 crore and an offer for sale of up to 37.67 lakh equity shares by the existing shareholders -- Indivision India Partners and Leon International.

  • Expect tea exports to go up by 50% in FY16: McLeod Russel Sep 15, 2015 02:26 PM IST

    Expect tea exports to go up by 50% in FY16: McLeod Russel

    Prices in India in last couple of weeks have become very strong, so we will get back to higher prices in India said Kamal Baheti, CFO, McLeod Russel.

  • Hero plans manufacturing units in Mexico, Argentina, Brazil Sep 10, 2015 12:59 PM IST

    Hero plans manufacturing units in Mexico, Argentina, Brazil

    Hero MotoCorp's first global manufacturing facility at Villa Rica in Colombia, entailing a project investment of USD 70 million, became operational this week.

  • Carlyle Group buys 37% stake in Metropolis Healthcare Sep 10, 2015 07:55 AM IST

    Carlyle Group buys 37% stake in Metropolis Healthcare

    An affiliate of Carlyle Asia Partners IV has bought a stake in Metropolis Healthcare Ltd, a multinational chain of pathology laboratories, Carlyle Group said in a statement.

  • Google's low-cost phone programmes in 6 African countries Aug 19, 2015 07:49 AM IST

    Google's low-cost phone programmes in 6 African countries

    Google consults with device makers to build cheap phones that can still run the latest version of its Android software. Infinix's phone will be sold with an Android release that came out last year under the nickname "Lollipop."

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