News for 'GBP'

Britain imposes export ban on Tipu Sultan's rare sporting gun

Britain imposes export ban on Tipu Sultan's rare sporting gun

Rediff.com29 May 2023

A rare 18th century decorated gun made in India for Mysore ruler Tipu Sultan, and valued at around GBP 2 million, has been barred from export to allow time for a UK-based institution to acquire it for the public study of a "fraught period" in India-UK history.

Hopes of sealing India-UK trade deal in Oct may be fading

Hopes of sealing India-UK trade deal in Oct may be fading

Rediff.com18 Oct 2023

The hope that the ongoing 13th round of negotiations towards an India-UK free trade agreement (FTA) could conclude with a deal for British Prime Minister Rishi Sunak to sign off in time for the India versus England World Cup cricket clash in Lucknow on October 29 seem to be fading, according to a UK media report on Wednesday. The Financial Times quoted officials briefed on the negotiations to say that a lack of movement towards opening up of the Indian market to British professional services in the field of law and accountancy is among the factors for the slowdown. So much so that cricket fan Sunak's proposed return visit to India after an inaugural visit as UK Prime Minister to New Delhi for the G20 Summit last month is looking "very, very unlikely to happen".

Terror suspect escapes from London jail that lodges Nirav Modi

Terror suspect escapes from London jail that lodges Nirav Modi

Rediff.com7 Sep 2023

Former British Army soldier Daniel Abed Khalife, 21, who was awaiting trial on charges of breaching the UK's Official Secrets Act at Wandsworth Prison in south-west London, escaped allegedly by clinging to the under-carriage of a delivery van.

Geetanjali Shree first Hindi writer to win International Booker Prize

Geetanjali Shree first Hindi writer to win International Booker Prize

Rediff.com27 May 2022

At a ceremony in London on Thursday, the New Delhi-based writer said she was 'completely overwhelmed' with the 'bolt from the blue' as she accepted her prize, worth GBP 50,000 and shared with the book's English translator, Daisy Rockwell.

Modi's khaas dost Johnson set India-UK ties on comprehensive course

Modi's khaas dost Johnson set India-UK ties on comprehensive course

Rediff.com7 Jul 2022

His visit to India followed a few cancelled plans since he took office in July 2019 due to the coronavirus pandemic crisis, with the two leaders holding several virtual talks and eventually meeting in person on the sidelines of the COP26 climate summit in Glasgow last November.

Tata Steel, UK govt ink 1.25 billion pound JV

Tata Steel, UK govt ink 1.25 billion pound JV

Rediff.com15 Sep 2023

The United Kingdom on Friday announced a joint investment package with Tata Steel worth 1.25 billion pounds, including a government grant of 500 million pounds, for the country's largest steelworks in Wales that will help protect thousands of jobs and boost the British economy. The government's grant has been dubbed as one of the largest British government support packages in history and a "defining moment" for the country's steel industry.

UK ex-teacher who paid for abuse of children in India gets 12-year jail

UK ex-teacher who paid for abuse of children in India gets 12-year jail

Rediff.com9 Aug 2023

A former deputy head teacher at a London primary school who had pleaded guilty to paying and instructing teenagers in India to abuse younger children was sentenced to 12 years in prison on Wednesday.

FTA: UK, India not working towards Diwali deadline

FTA: UK, India not working towards Diwali deadline

Rediff.com14 Oct 2022

The free trade agreement (FTA) talks with India are no longer working towards a Diwali deadline though negotiations are progressing well, UK Trade Secretary Kemi Badenoch has said as New Delhi expressed confidence on Friday of an "early date" for a mutually beneficial deal. "There are ongoing negotiations as we know on the FTA. There is interest on both sides to see if we can work towards a deal, an FTA, that is beneficial to both the countries at an early date," external affairs ministry spokesperson Arindam Bagchi told reporters in New Delhi. It came as External Affairs Minister S Jaishankar spoke to his UK counterpart, James Cleverly, and referenced the Roadmap 2030 bilateral agreement signed between Prime Minister Narendra Modi and former UK PM Boris Johnson in May last year, with no specific reference to the FTA.

Tripura: Poll official suspended for 'defacing' Modi's photo

Tripura: Poll official suspended for 'defacing' Modi's photo

Rediff.com25 Jan 2023

The action was taken a day after the ruling Bharatiya Janata Party had urged the Election Commission to take steps against poll officials who "defaced" PM Modi's photograph in banners and hoardings put up in public places in the state, instead of removing them.

Gender, ethnicity will have nothing to do with British PM race: Rishi Sunak

Gender, ethnicity will have nothing to do with British PM race: Rishi Sunak

Rediff.com31 Jul 2022

The 42-year-old British Indian politician acknowledges "playing catch-up" to Liz Truss in the race as he continues his campaign tour of the UK to win over Conservative Party members' votes.

Vijay Mallya declared bankrupt by UK court

Vijay Mallya declared bankrupt by UK court

Rediff.com26 Jul 2021

A British court on Monday granted a bankruptcy order against Vijay Mallya, paving the way for a consortium of Indian banks led by the State Bank of India (SBI) to pursue a worldwide freezing order to seek repayment of debt owed by the now-defunct Kingfisher Airlines. "As at 15.42 [UK time], I shall adjudicate Dr Mallya bankrupt," Chief Insolvencies and Companies Court (ICC) Judge Michael Briggs said in his ruling during a virtual hearing of the Chancery Division of the high court. "I have to decide if there is a real prospect of payment of petition debt in full within a reasonable period of time... there is insufficient evidence that [Mallya's asset realisations in India] will pay the debt in full within a reasonable period of time," Judge Briggs noted, in reference to defence arguments pointing to a restoration process in India following a Prevention of Money Laundering Act (PMLA) court order for the attachment of Mallya's assets.

Prince Charles' charity fund accepted Osama family donation: Report

Prince Charles' charity fund accepted Osama family donation: Report

Rediff.com31 Jul 2022

According to The Sunday Times, Prince Charles met with the Al Qaeda founder's half-brother Bakr in London and allegedly agreed to accept GBP 1 million.

Kingfisher Airlines: IDBI Bank GM conspired with Mallya

Kingfisher Airlines: IDBI Bank GM conspired with Mallya

Rediff.com23 Mar 2023

A senior IDBI Bank official allegedly conspired with businessman Vijay Mallya for sanction and disbursement of loan to the latter's Kingfisher Airlines, the Central Bureau of Investigation said in its supplementary chargesheet filed in a Mumbai court. Mallya is an accused in the alleged Rs 900-crore IDBI Bank-Kingfisher Airlines loan fraud case, which is being probed by the CBI. The Central agency had recently filed a supplementary chargesheet before a special CBI court.

Osama tested chemical weapons on my dogs, claims son

Osama tested chemical weapons on my dogs, claims son

Rediff.com1 Dec 2022

'My father never asked me to join Al-Qaeda, but he did tell me I was the son chosen to carry on his work'

For first time UK puts support for India in UNSC in policy document

For first time UK puts support for India in UNSC in policy document

Rediff.com13 Mar 2023

The UK government made its first major commitment to support UN Security Council reforms and India's permanent membership within it as part of a refreshed defence and foreign policy review tabled in Parliament on Monday.

Celebrating 50 years of the first Cricket World Cup!

Celebrating 50 years of the first Cricket World Cup!

Rediff.com20 Jun 2023

The Women's World Cup that was staged in England from June 20, 1973, was the first-ever World Cup to staged in cricket.

Will Nirav Modi be finally extradited to India?

Will Nirav Modi be finally extradited to India?

Rediff.com6 Dec 2022

If his attempt to have his appeal heard in the Supreme Court fails, in principle, Modi can apply to the European Court of Human Rights (ECHR) to try and block his extradition on the basis that he will not receive a fair trial and that he will be detained in conditions that breach Article 3 of the European Convention on Human Rights, to which the UK is a signatory.

Wish Rishi Sunak every success for good of UK: Liz Truss on exit as PM

Wish Rishi Sunak every success for good of UK: Liz Truss on exit as PM

Rediff.com25 Oct 2022

Accompanied by her husband Hugh O'Leary and two daughters, Britain's shortest-serving Prime Minister ended her tenure by trying to strike an optimistic tone as she said that brighter days lie ahead.

After meeting Modi, Sunak approves new visa scheme for Indian youth

After meeting Modi, Sunak approves new visa scheme for Indian youth

Rediff.com16 Nov 2022

British Prime Minister Rishi Sunak on Wednesday green lit a new youth mobility partnership scheme that will offer 3,000 visas to 18-30-year-old degree-educated Indians every year to live and work in the United Kingdom for up to two years.

UK PM, minister Rishi Sunak to be fined over 'partygate' scandal

UK PM, minister Rishi Sunak to be fined over 'partygate' scandal

Rediff.com12 Apr 2022

Downing Street confirmed that the two senior-most United Kingdom government officials had received notification from the Metropolitan Police that they would be given "fixed penalty notices".

UK's biggest aircraft carrier breaks down on way to US

UK's biggest aircraft carrier breaks down on way to US

Rediff.com29 Aug 2022

The United Kingdom's biggest aircraft carrier, HMS Prince of Wales, has broken down off the south coast of England after setting sail from Portsmouth Naval Base for the United States on what the Royal Navy has described as a 'landmark' aviation trial mission.

Banks rush to woo depositors ahead of festive season

Banks rush to woo depositors ahead of festive season

Rediff.com25 Aug 2022

Commemorating 75 years of India's independence, SBI has launched a 75-day Utsav Deposit Scheme, offering 6.10 per cent for fixed deposits. Senior citizens will get an additional 0.50 per cent and the offer is on until October 30, SBI said.

Truth will always prevail: Robert Vadra

Truth will always prevail: Robert Vadra

Rediff.com10 Feb 2019

'Morning, Just want to say thank you to all my friends and acquaintances who have reached out in support from all over the nation, at this time,' Vadra said in a Facebook post.

Khalsa TV loses broadcast licence in UK over Khalistani propaganda

Khalsa TV loses broadcast licence in UK over Khalistani propaganda

Rediff.com22 Jun 2022

Khalsa Television Limited has surrendered its licence to broadcast in the UK after an investigation by the country's media watchdog found its KTV channel breached broadcasting rules with Khalistani propaganda and issued a draft notice to revoke last month.

UK sanctions Putin's ex-wife, alleged girlfriend

UK sanctions Putin's ex-wife, alleged girlfriend

Rediff.com13 May 2022

Lyudmila Ocheretnaya, the former First Lady of the Russian Federation, is on the list of sanctions for benefiting from preferential business relationships with state-owned entities since her divorce from Putin in 2014.

Vodafone India's operating profit up three-fold to Rs 1,853 cr

Vodafone India's operating profit up three-fold to Rs 1,853 cr

Rediff.com21 May 2013

The company, part of the UK-based Vodafone Group, had posted an adjusted operating profit of GBP 60 million (about Rs 503 crore) in the year-ago period, it said.

Robert Vadra skips ED date due to health issues

Robert Vadra skips ED date due to health issues

Rediff.com31 May 2019

The agency is expected to give him a fresh date for next week.

Ukraine invasion: UK media watchdog revokes Russian channel RT's licence

Ukraine invasion: UK media watchdog revokes Russian channel RT's licence

Rediff.com18 Mar 2022

Ofcom ruled that it did not consider RT's licensee, ANO TV Novosti, 'fit and proper' to hold a UK broadcast licence.

As TV host fainted midway through debate, Rishi Sunak rushed to help

As TV host fainted midway through debate, Rishi Sunak rushed to help

Rediff.com27 Jul 2022

Rishi Sunak rushed to the side of a television host after she fainted live on air during a UK prime ministerial election debate, which was cancelled mid-way through.

Harbhajan to exit 'The Hundred' draft; will play for CSK

Harbhajan to exit 'The Hundred' draft; will play for CSK

Rediff.com4 Oct 2019

Senior off-spinner Harbhajan Singh clarified that he will be playing the next edition of Indian Premier League for Chennai Super Kings and will withdraw his name from the Players' Draft of the new 'The Hundred' league in the United Kingdom.

Robert Vadra appears before ED for 11th time

Robert Vadra appears before ED for 11th time

Rediff.com30 May 2019

Vadra was dropped by his wife and Congress leader Priyanka Gandhi outside the agency's office

Not surprisingly, Boris Johnson has not returned my calls: Rishi Sunak

Not surprisingly, Boris Johnson has not returned my calls: Rishi Sunak

Rediff.com12 Aug 2022

Rishi Sunak has revealed that his former boss, Boris Johnson, has not returned any of his messages and calls since he resigned from his cabinet as chancellor, implying tension between the duo as the British Indian former minister battles it out in a tough race to be elected the next leader of the UK's governing Conservative Party.

ED questions Vadra for 9 hours on 2nd day

ED questions Vadra for 9 hours on 2nd day

Rediff.com7 Feb 2019

Vadra is expected to be questioned again on either Friday or Saturday.

On the backfoot in UK PM race, Rishi Sunak vows to cut income tax by 20pc

On the backfoot in UK PM race, Rishi Sunak vows to cut income tax by 20pc

Rediff.com1 Aug 2022

As the voting process for the new Conservative Party leader formally opened with postal ballots being mailed out to Tory members from Monday, Rishi Sunak vowed to cut the basic rate of income tax by 20 per cent in a few years if he is elected Britain's prime minister.

UK media watchdog suspends Khalsa TV licence over Khalistani propaganda

UK media watchdog suspends Khalsa TV licence over Khalistani propaganda

Rediff.com2 Apr 2022

The communications regulator said the 95-minute live discussion programme included material likely to 'incite violence.'

Airtel plans to list 500mn-pound bond issue on London Exchange

Airtel plans to list 500mn-pound bond issue on London Exchange

Rediff.com13 Nov 2015

Airtel said the amount will be used for refinancing its existing loan portfolio.

Serco to acquire Intelenet for Rs 2,772 crore

Serco to acquire Intelenet for Rs 2,772 crore

Rediff.com31 May 2011

Services and consulting firm Serco on Tuesday signed an agreement to acquire Indian BPO company Intelenet for up to GBP 385 million (Rs 2,772 crore).

Vadra seeks anticipatory bail in money laundering case

Vadra seeks anticipatory bail in money laundering case

Rediff.com1 Feb 2019

Vadra's anticipatory bail application is likely to be heard by the court on Saturday.

Tagore's Gitanjali translation home in London for sale

Tagore's Gitanjali translation home in London for sale

Rediff.com20 Sep 2021

A family home in the leafy Hampstead neighbourhood of north London where Nobel laureate Rabindranath Tagore lived during a visit in 1912 is on the market, reviving some talk of its acquisition on behalf of the Indian government.

The man who won Amy Jackson's heart!

The man who won Amy Jackson's heart!

Rediff.com4 Jan 2019

George Panayiotou, the 30-yr-old is son of former boxer turned entrepreneur Andreas Panayiotou whose net worth is 400 million GBP.