News for 'UK Business'

India imposes tit-for-tat Covid curbs on UK nationals

India imposes tit-for-tat Covid curbs on UK nationals

Rediff.com2 Oct 2021

British nationals arriving in India, irrespective of their vaccination status, will have to undergo 10 days of mandatory quarantine from October 4 as part of the reciprocal actions initiated by the government following the vaccine certification row between the two countries.

'Govt won't privatise GIC Re at this stage'

'Govt won't privatise GIC Re at this stage'

Rediff.com5 May 2024

'Because it is the only public sector company in this sector, currently.'

UK to hit Russia with 'first barrage' of sanctions, says Johnson

UK to hit Russia with 'first barrage' of sanctions, says Johnson

Rediff.com22 Feb 2022

Prime Minister Boris Johnson said the UK will hit Russia with a "first barrage' of economic sanctions, warning that President Vladimir Putin is fixed on a "full-scale invasion of Ukraine".

Must Watch: Stories From Around The World

Must Watch: Stories From Around The World

Rediff.com1 Oct 2024

Aseem Chhabra's Top 10 Films/ Series from TIFF 2024 includes films that he watched for the first time in Toronto. The films were impressive due to their rigor, passion, unique storytelling style and sometimes exploring the vulnerable sides of big name stars.

36 Days Review: Yawn Fest

36 Days Review: Yawn Fest

Rediff.com12 Jul 2024

When it gets to its silly climax where the dots are finally joined, you can't help but see how cheap these thrills are, sighs Mayur Sanap.

Boost Consumption Of The Poorest 80 Crores And Not The Richest Eight Crores

Boost Consumption Of The Poorest 80 Crores And Not The Richest Eight Crores

Rediff.com15 Jul 2024

There are reports that the government will soon cut income taxes by about Rs 50,000 crore to boost consumption.
Prime Minister Modi, I suggest that, instead, you distribute about one lakh crore rupees per year to the 80 crore poor, which will boost both consumption and economic growth, suggests Kalyan Singhal, McCurdy Professor of Business at the University of Baltimore.

Hinduphobia has no place in UK, we must fight this: Oppn Labour Party leader

Hinduphobia has no place in UK, we must fight this: Oppn Labour Party leader

Rediff.com6 Oct 2022

Labour Leader Keir Starmer told a gathering of hundreds of British Indians that he was determined to put an end to 'divisive politics' and extremist elements exploiting social media to spread hatred within communities.

UK tax row: FM Rishi Sunak offers himself for independent review

UK tax row: FM Rishi Sunak offers himself for independent review

Rediff.com11 Apr 2022

UK Chancellor of the Exchequer Rishi Sunak has written to his boss, Boris Johnson, to be referred to one of the British Prime Minister's independent advisers to review all his ministerial declarations of interest amid a row around his family's tax affairs. The Indian-origin finance minister, who has been fighting back attacks over wife Akshata Murty's tax arrangements in India and also Opposition allegations around his own finances, said in a Twitter post on Sunday that he is confident the independent review by House of Lords peer Christopher Geidt, the Independent Adviser on Ministers' Interests, will provide "further clarity". "My overriding concern is that the public retains confidence in the answers they are given and I believe the best way of achieving this is to ensure those answers are entirely independent, without bias or favour," Sunak states in his letter to Johnson.

Tata Motors: Positives fully priced in, analysts still upgrading the stock

Tata Motors: Positives fully priced in, analysts still upgrading the stock

Rediff.com21 Apr 2024

There is no impediment to normal operations as Tata Motors puts in place the demerger process of its commercial and passenger vehicles businesses. Instead, the demerger would provide greater manoeuvrability for both new entities to operate independently, according to Tata Motors management. While there may not be immediate value unlocking, it will give investors clarity about future growth and the financials across different segments.

100 Indian Elephants March To New York

100 Indian Elephants March To New York

Rediff.com5 Sep 2024

Why is the Big Apple welcoming our pachyderms? And how is India teaching the world about living with wildlife?

'We Have An Indian Tiger That Needs To Be Uncaged'

'We Have An Indian Tiger That Needs To Be Uncaged'

Rediff.com10 Oct 2024

'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'

Race to replace UK PM Johnson gains pace after Sunak's announcement

Race to replace UK PM Johnson gains pace after Sunak's announcement

Rediff.com9 Jul 2022

Sunak joins fellow Indian-origin candidate Suella Braverman, the UK Attorney General who is among the early Tory MPs to announce her plan to contest.

Leicester violence: UK police nabs 47; Hindus, Muslims appeal for harmony

Leicester violence: UK police nabs 47; Hindus, Muslims appeal for harmony

Rediff.com20 Sep 2022

Leicestershire police said a 20-year-old man has been sentenced to 10 months in prison after he pleaded guilty to possession of an offensive weapon during clashes in the city.

Is J D Vance The Right Choice By Trump?

Is J D Vance The Right Choice By Trump?

Rediff.com19 Jul 2024

This is the guy who might be one feeble, McDonald's-fueled heartbeat from the presidency, notes Sree Sreenivasan.

'Film business is not going anywhere'

'Film business is not going anywhere'

Rediff.com16 Aug 2021

'This is a blip in the 100-year history of cinema.'

India, UK unveil 10-year roadmap to boost trade

India, UK unveil 10-year roadmap to boost trade

Rediff.com4 May 2021

Britain has finalised 1 billion pounds worth of new trade and investment with India, creating over 6,500 jobs in the UK, to be signed off at a virtual summit between Prime Minister Boris Johnson and his Indian counterpart Narendra Modi on Tuesday. The investments confirmed by Downing Street on Monday evening form part of an Enhanced Trade Partnership (ETP), which will set the ambition to double the value of UK-India trade by 2030 and declare a shared intent to begin work towards a comprehensive Free Trade Agreement (FTA). "Like every aspect of the UK-India relationship, the economic links between our countries make our people stronger and safer," Johnson said.

Hasina's Request On 'Short Notice': MEA

Hasina's Request On 'Short Notice': MEA

Rediff.com6 Aug 2024

'Our border guarding forces have also been instructed to be exceptionally alert in view of this complex situation.'

Indian-origin billionaire bros to pick stake in UK supermarket chain Asda

Indian-origin billionaire bros to pick stake in UK supermarket chain Asda

Rediff.com2 Oct 2020

Indian-origin billionaire brothers Mohsin and Zuber Issa are set to acquire a majority stake in the leading UK supermarket chain Asda from its US owner Walmart after a $ 8.8-billion deal was struck as part of a consortium involving private equity firm TDR Capital.

Can This Techie Win Thiruvanathapuram?

Can This Techie Win Thiruvanathapuram?

Rediff.com21 Apr 2024

Whether Rajeev Chandrasekhar wins or not, Thiruvananthapuram will likely never see such an interesting contest again.

RIL inks pact with Oberoi to co-manage 3 hospitality projects

RIL inks pact with Oberoi to co-manage 3 hospitality projects

Rediff.com24 Aug 2023

Reliance Industries in collaboration with The Oberoi Hotels and Resorts will co-manage three iconic hospitality projects which include Anant Vilas in Mumbai and Stoke Park in the UK, the company said on Thursday. The arrangement between the two companies also includes management of another planned project in Gujarat. "Reliance Industries...has entered into an understanding with The Oberoi Hotels and Resorts (Oberoi) to jointly manage three properties across India and the UK.

Indian students, families caught up in UK flight suspension

Indian students, families caught up in UK flight suspension

Rediff.com22 Dec 2020

Diaspora groups in the UK urged for calm and advised non-resident Indians and people of Indian origin to follow the new lockdown rules, which mean a majority of the UK is under the strictest lockdown with all non-essential businesses now closed.

Who will buy Citi's consumer business?

Who will buy Citi's consumer business?

Rediff.com24 May 2021

The sale will be quicker if an Indian private bank buys it; it will take longer for regulatory clearances if a foreign bank or an NBFC buys it, points out Tamal Bandyopadhyay.

Have You Heard Of Crotonville?

Have You Heard Of Crotonville?

Rediff.com9 May 2024

The top-notch faculty at Crotonville, including Noel Tichy, Ram Charan, Vijay Govindarajan, along with GE's top leaders Jack Welch, Gary Reiner, Bill Conaty, Jeffrey Immelt and Susan Peters, together delivered sought-after programmes on leadership to generations of early-stage leaders, mid-tier and senior managers from all over the world, recounts Indrajit Gupta.

UK allows quarantine-free travel to low-risk countries

UK allows quarantine-free travel to low-risk countries

Rediff.com3 Jul 2020

India and the US are among the countries excluded from the list of nearly 60 low-risk countries.

UK PM unveils big lockdown relaxation

UK PM unveils big lockdown relaxation

Rediff.com23 Jun 2020

Boris Johnson on Tuesday announced July 4 as the date for a significant lifting of lockdown restrictions in the country, with cinemas, museums, bars, pubs and restaurants being allowed to open their doors to the public once again.

Narayana Murthy's son-in-law named UK finance minister

Narayana Murthy's son-in-law named UK finance minister

Rediff.com14 Feb 2020

The MP for Richmond in Yorkshire, married to Murthy's daughter Akshata, first entered the UK Parliament in 2015 and has fast risen up the Conservative Party ranks as a staunch Brexiteer who had back Johnson's strategy to leave the European Union.

Former Barclays banker Ashok Vaswani to head Kotak Mahindra Bank

Former Barclays banker Ashok Vaswani to head Kotak Mahindra Bank

Rediff.com23 Oct 2023

Ashok Vaswani, a banker with more than three-and-half decades experience in building and scaling up businesses across consumer and corporate banking and payments, will be the next managing director (MD) and chief executive officer (CEO) of Kotak Mahindra Bank. Last week, the Reserve Bank of India (RBI) had given its approval to Vaswani's appointment. Vaswani is currently President of Pagaya Technologies, a US-Israeli artificial intelligence (AI) fintech firm, which he joined in June 2022.

6 business deals among 9-billion pound Indo-UK pact

6 business deals among 9-billion pound Indo-UK pact

Rediff.com13 Nov 2015

Vodafone to invest 1.3-billion pounds in upgrading and expanding its network in India.

Infosys loses $1.5 bn mega contract; client terminates deal

Infosys loses $1.5 bn mega contract; client terminates deal

Rediff.com24 Dec 2023

IT services firm Infosys has said that a global company has decided to terminate a multi-year contract worth $1.5 billion with it. On September 14, 2023, Infosys announced a pact with a global company to offer enhanced digital experiences alongside modernisation and business operations services leveraging Infosys platforms and AI (Artificial Intelligence) solutions. In a BSE filing on Saturday, Infosys said the global company has now elected to terminate the Memorandum of Understanding (MoU) and the parties will not be pursuing the master agreement."

Commerce secy, team in London to push trade deal

Commerce secy, team in London to push trade deal

Rediff.com6 Oct 2023

Officials from India and the United Kingdom (UK) are working overtime to address the contentious issues related to the proposed free trade agreement (FTA) between the two nations, in a final push to conclude the deal by the year-end. Commerce secretary Sunil Barthwal was headed to London on Thursday after completing his four-day visit to Brazil. Other key officials from India's negotiating team will be joining Barthwal in the UK capital, hoping to make headway in the FTA negotiations, which started in January last year, a person aware of the matter told Business Standard.

Rishi Sunak's Budget to increase UK visa fee

Rishi Sunak's Budget to increase UK visa fee

Rediff.com12 Mar 2020

Sunak announced that the Immigration Health Surcharge (IHS) would be hiked from 400 pounds to 624 pounds.

Retro Tax: Cairn drops lawsuits in US, UK

Retro Tax: Cairn drops lawsuits in US, UK

Rediff.com26 Dec 2021

Britain's Cairn Energy Plc has dropped lawsuits against the Indian government and its entities in the US and other places and is in the final stages of withdrawing cases in Paris and the Netherlands to get back about Rs 7,900 crore that were collected from it to enforce a retrospective tax demand. As part of the settlement reached with the government to the seven-year old dispute over levy of back taxes, the company - which is now known as Capricorn Energy PLC - has initiated proceedings to withdraw lawsuits it had filed in several jurisdictions to enforce an international arbitration award which had overturned levy of Rs 10,247 crore retrospective taxes and ordered India to refund the money already collected. Two sources with direct knowledge of the matter said Cairn on November 26 withdrew the lawsuit it had brought in Mauritius for recognition of the arbitration award and took similar measures in courts in Singapore, the UK and Canada.

'India Is The No.1 Country Outside The US...'

'India Is The No.1 Country Outside The US...'

Rediff.com10 Apr 2024

'India has the largest slate of local original content outside the US.'

COVID-19: UK to move India from 'red list' to 'amber list'

COVID-19: UK to move India from 'red list' to 'amber list'

Rediff.com5 Aug 2021

The United Kingdom will move India from 'red' to 'amber' list on August 8, according to the information available on the UK government website.

Shapoorji Pallonji may bag UK's largest theme park deal

Shapoorji Pallonji may bag UK's largest theme park deal

Rediff.com6 Jul 2020

Pegged at $1.8 billion in construction deal size, The London Resort, which is located 17 minutes outside London, has attracted bids from three other construction majors from across the world.

And Radhika-Anant Are Married...

And Radhika-Anant Are Married...

Rediff.com13 Jul 2024

The list of guests included celebrities from across the globe, politicians, the who's who of Hindi and south Indian cinema world and almost all the top cricketers of the country.

Who's The Most Generous Of Them All?

Who's The Most Generous Of Them All?

Rediff.com11 Mar 2024

India Philanthropy Report 2024

Who Will Take Over The Godrej Empires?

Who Will Take Over The Godrej Empires?

Rediff.com6 May 2024

Pirojsha Godrej, 43, patriarch Adi Godrej's son, is set to take over as chairman of the Godrej Industries Group from 2026 whol Nyrika Holkar, Smita Godrej Crishna's 42-year-old daughter, has emerged as the face of the Godrej Enterprises Group.

UK PM orders full lockdown amid rising Covid cases

UK PM orders full lockdown amid rising Covid cases

Rediff.com5 Jan 2021

Johnson revealed that the number of hospital patients has increased to nearly 27,000, almost a third higher than the peak of the first wave of the pandemic in April 2020.

UK signs deal for 90 million COVID-19 vaccine doses

UK signs deal for 90 million COVID-19 vaccine doses

Rediff.com20 Jul 2020

To enable large-scale vaccine studies to take place across the UK, the aim is to get 500,000 people signed up by October, which is considered vital in the fight against coronavirus.