News for 'UK Business'

Trump arrives in London on maiden visit to UK

Trump arrives in London on maiden visit to UK

Rediff.com12 Jul 2018

The US president's four-day tour will feature talks with British PM Theresa May, tea with the Queen, and mass protests including a giant Trump baby blimp being flown over Westminster.

How global businesses reacted to Brexit

How global businesses reacted to Brexit

Rediff.com24 Jun 2016

Britain's vote to leave the European Union means uncertainty for markets and companies as London initiates at least two years of negotiations with the EU.

'Elections May Sway Markets Temporarily'

'Elections May Sway Markets Temporarily'

Rediff.com17 May 2024

'The long-term impact of elections is minimal.'

JLR to invest 1.5 billion pounds, create 1,700 UK jobs

JLR to invest 1.5 billion pounds, create 1,700 UK jobs

Rediff.com10 Sep 2013

The latest additions will bring the total number of UK manufacturing jobs announced by JLR over the last three years to almost 11,000.

Nirav Modi can be extradited to India: UK court

Nirav Modi can be extradited to India: UK court

Rediff.com25 Feb 2021

Wanted diamond merchant Nirav Modi on Thursday lost his fight against being extradited to India as a United Kingdom judge ruled that he can be sent back to face charges of fraud and money laundering in the estimated $2 billion Punjab National Bank scam case.

Why the British operations remain a drag on Tata Steel's performance

Why the British operations remain a drag on Tata Steel's performance

Rediff.com22 Feb 2023

Tata Steel has a very British problem. The performance of Europe dragged the steel major's October-December (Q3FY23) performance with the UK business accounting for a major part of the operating loss; on the bottom line, the overhang of the British Steel Pension Scheme (BSPS) showed. And a nearly three-year discussion with the UK government on a support package for a green transition resulted in an offer that fell short of the ask.

'Aionos will bridge silos within aviation, hospitality using AI'

'Aionos will bridge silos within aviation, hospitality using AI'

Rediff.com24 Apr 2024

Industries such as aviation and hospitality have many silos within them and Aionos, the joint venture between Interglobe Enterprises (IGE) and Assago Group, is an attempt to bridge them and boost efficiencies using artificial intelligence (AI) solutions, Rahul Bhatia told Business Standard on Tuesday. Bhatia, the Group Managing Director of IGE, serves as the majority shareholder in India's largest airline, IndiGo. Additionally, IGE operates 21 hotels under the Ibis brand and runs a logistics company called Movin.

'Ambani, Adani, Tata will move to Dubai if India imposes inheritance tax'

'Ambani, Adani, Tata will move to Dubai if India imposes inheritance tax'

Rediff.com8 May 2024

'Sweden removed the inheritance tax because many of the rich were fleeing. For example, the owner of IKEA had migrated out of Sweden'

Health ministry calls urgent meet to discuss new Covid strain in UK

Health ministry calls urgent meet to discuss new Covid strain in UK

Rediff.com20 Dec 2020

A number of European countries have banned flights from the UK as the British government warned that the potent new strain of the virus was "out of control" and imposed a stringent new stay-at-home lockdown from Sunday.

'The more we automate, the more work will come'

'The more we automate, the more work will come'

Rediff.com10 Feb 2024

'We do not see people getting reduced, but because of automation, we will do more work.'

12 urgent ways to decriminalise business offences

12 urgent ways to decriminalise business offences

Rediff.com10 Feb 2020

Covering 37 different legislations such as the Partnership Act of 1932, Insolvency and Bankruptcy Code, and laws on environmental protection, consumer protection and labour interests, the recommendations have been shared with Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman.

Can Uday Shankar Recreate At Reliance-Disney What He Did In Star TV?

Can Uday Shankar Recreate At Reliance-Disney What He Did In Star TV?

Rediff.com11 Mar 2024

'The whole narrative will change from TV is dying to TV-plus-digital is the future.'

Bengal's tea industry seeks a new flavour

Bengal's tea industry seeks a new flavour

Rediff.com1 May 2024

The alpona (artwork) on the steep, winding road leading to Makaibari bears testimony to the visit of G20 delegates for the second tourism working group meeting in April last year. The lush tea bushes, the delegates joining in for the moonlight plucking of Silver Tips Imperial first flush, a favourite of late Queen Elizabeth II, cut a picture of mystical magic. But it's not the Kurseong tea garden's only shining moment - the last few years have been busy for the estate and its bungalow.

Countries begin to seal off UK amid new Covid surge

Countries begin to seal off UK amid new Covid surge

Rediff.com21 Dec 2020

The new variant is said to be 70 per cent more transmissible, though health experts say there is no evidence that it is more deadly or would react differently to vaccines.

Valuations, access to capital spur fintechs' homecoming

Valuations, access to capital spur fintechs' homecoming

Rediff.com4 Jun 2024

Why are financial-technology (fintech) players moving back to India, or doing the reverse-flipping?

'Aim to be strong fast-moving consumer goods company'

'Aim to be strong fast-moving consumer goods company'

Rediff.com28 Jan 2024

'Will make sure that we create value. We will again look for organic and inorganic opportunities.'

Moody's raises India's 2024 growth forecast to 6.8%

Moody's raises India's 2024 growth forecast to 6.8%

Rediff.com4 Mar 2024

Global rating agency Moody's on Monday raised India's growth forecast for 2024 calendar year to 6.8 per cent, from 6.1 per cent estimated earlier, on the back of 'stronger-than-expected' economic data of 2023 and fading global economic headwinds. India's real GDP expanded 8.4 per cent year-over-year in the fourth quarter of calendar year 2023, resulting in a 7.7 per cent growth for full-year 2023. Capital spending by the government and strong manufacturing activity have meaningfully contributed to the robust growth outcomes in 2023, Moody's Investors Service said.

Truss plans shake-up of UK cabinet, Sunak unlikely to join

Truss plans shake-up of UK cabinet, Sunak unlikely to join

Rediff.com5 Sep 2022

Britain's Prime Minister-elect Liz Truss will spend Monday putting finishing touches to her new cabinet after being elected Conservative Party leader and is expected to unleash a complete shake up of outgoing leader Boris Johnson's top team.

UK official caught COVID during India visit aimed at securing vaccine

UK official caught COVID during India visit aimed at securing vaccine

Rediff.com25 Apr 2021

David Quarrey, 55, a 10 Downing Street aide, had tested negative in his pre-travel test but tested positive a week after his return when the National Health Service flagged that someone on his flight had been traced as COVID-positive, The Sunday Times reports.

Audit report says Cox & Kings siphoned off Rs 4387 cr from business sale

Audit report says Cox & Kings siphoned off Rs 4387 cr from business sale

Rediff.com26 Apr 2020

The 'mystery' of the education business sale by Cox & Kings is part of an Enforcement Directorate investigation, which is also examining the siphoning-off of funds to the tune of Rs 21,000 crore to dozens of so-called related-parties, highlighted by the forensic auditor.

The IPL's Pay Problem

The IPL's Pay Problem

Rediff.com1 Jan 2024

Lower-paid IPL players, domestic or foreign, should be able to try their luck in other T20 tournaments.

UK PM race: Rishi Sunak, Boris Johnson camps claim hitting 100 MPs mark

UK PM race: Rishi Sunak, Boris Johnson camps claim hitting 100 MPs mark

Rediff.com22 Oct 2022

The 42-year-old frontrunner's tally continues to grow as former prime minister Boris Johnson flies back from his Caribbean holiday to reportedly also join the contest.

Hugely proud of my Indian roots: Rishi Sunak ahead of India visit

Hugely proud of my Indian roots: Rishi Sunak ahead of India visit

Rediff.com7 Sep 2023

In an interview via email days ahead of his visit to New Delhi to attend the G20 summit on September 9 and 10, Sunak said Wednesday the response from the Indian people to his appointment as the prime minister was "overwhelming and humbling."

Indian-origin UK hotelier murdered by business partner in Punjab

Indian-origin UK hotelier murdered by business partner in Punjab

Rediff.com31 May 2015

During interrogation, Sukhdev said that he along with his relative Baldev Singh, murdered the hotelier on May 8.

India remains an attractive FDI destination

India remains an attractive FDI destination

Rediff.com14 Sep 2021

India remains an attractive destination for foreign direct investments (FDI) on account of healthy prospects of economic growth and its skilled workforce, according to a survey by Deloitte. A large proportion of international business leaders remain confident in India's short- and long-term prospects and are readying plans to make additional and first-time investments in the country, it said on Tuesday. "The survey, which questioned 1,200 business leaders of multinational corporations in the US, UK, Japan and Singapore, found that India remains an attractive destination for investments, scoring highly for its skilled workforce and prospects for economic growth," the survey - India's FDI Opportunity - said.

UK coronavirus deaths rise by 563 to 2,352

UK coronavirus deaths rise by 563 to 2,352

Rediff.com1 Apr 2020

The department of health said 29,474 people have tested positive for the virus, an increase of 4,324 cases since Tuesday, as the country remains under lockdown with the government's advice for people to stay at home and observe strict social distancing when outside for exercising or buying essentials.

Top 10 Skills To Succeed At Work

Top 10 Skills To Succeed At Work

Rediff.com26 Mar 2024

Digital literacy is emerging as the professional language of 2024. It is the ability to process complex data sets, deploy critical communication technologies appropriately and validate your importance at your workplace, explains Jagdeep Kochar, managing director, Baker & Taylor India.

King Charles III diagnosed with cancer: Buckingham Palace

King Charles III diagnosed with cancer: Buckingham Palace

Rediff.com6 Feb 2024

While the palace has not specified the form of cancer, it said the 75-year-old monarch has started treatment and remains 'wholly positive'.

How Brexit is affecting Tata's UK asset sale

How Brexit is affecting Tata's UK asset sale

Rediff.com8 Jul 2016

In March, Tata Steel announced its intention to sell the entire 10.5 million-tonne UK assets.

2000 match-fixing scandal: Bookie Sanjeev Chawla extradited from UK

2000 match-fixing scandal: Bookie Sanjeev Chawla extradited from UK

Rediff.com13 Feb 2020

Sanjeev Chawla, accompanied by a Delhi police crime branch team from London, reached Delhi on Thursday morning

Which Country Sent Most Tourists To India?

Which Country Sent Most Tourists To India?

Rediff.com21 Dec 2023

Bangladesh was the largest source of foreign tourists, accounting for 21.4 per cent of all arrivals.

UK relaxes immigration rules; to benefit Indians

UK relaxes immigration rules; to benefit Indians

Rediff.com7 Sep 2013

The UK has relaxed its immigration rules giving greater flexibility to students and businesses that employ and sponsor international migrants.

India set to launch first-ever offshore mineral auction in Q1 FY24

India set to launch first-ever offshore mineral auction in Q1 FY24

Rediff.com28 Dec 2023

In a step towards diversifying its resource base and securing green energy minerals, India is poised to launch its first-ever offshore mineral auction in the first quarter of 2024, announced Union Minister of Mines Pralhad Joshi during the launch event of the National Geoscience Data Repository portal. The government plans to hold auctions in March, offering 10-15 blocks for bidding. Meanwhile, the ministry of mines is currently developing rules and regulations for offshore mining.

What's keeping Mandana busy?

What's keeping Mandana busy?

Rediff.com5 May 2016

The model-turned-actress has been doing lot of work post her stint in Bigg Boss 9.

UK court denies Mallya nod to appeal extradition

UK court denies Mallya nod to appeal extradition

Rediff.com8 Apr 2019

'The appellant (Mallya) has five business days to apply for oral consideration. If a renewal application is made, it will be listed before a high court judge and dealt with at a hearing,' a spokesperson for the UK judiciary said.

UK PM stable in ICU, remains in 'good spirits'

UK PM stable in ICU, remains in 'good spirits'

Rediff.com7 Apr 2020

Johnson spent the Monday night in the ICU at a London hospital in a move Downing Street said was a "precaution" should the British prime minister require ventilation to aid his recovery from COVID-19.

Tata Motors rides high on JLR volume, margin expectations

Tata Motors rides high on JLR volume, margin expectations

Rediff.com18 Jan 2024

From its lows in December, the stock of Tata Motors is up about 15 per cent. The gains came on the back of better than expected December volumes in its UK-based subsidiary Jaguar Land Rover (JLR). This coupled with gradual recovery in the global passenger vehicle demand, improving profitability due to product mix and lower commodity costs are expected to be key positives for the company.

India 15th in top 25 AI nations but has 'greatest upward potential'

India 15th in top 25 AI nations but has 'greatest upward potential'

Rediff.com27 Dec 2023

India may be 15th among the top 25 Artificial Intelligence nations, but it has the 'the greatest upward potential' according to research by Tufts University's business school, the Fletcher School. At the top is the US, followed by China, fighting for global leadership in AI followed by the UK, Japan, and Germany. In the 15th spot, India is ahead of Brazil, Argentina, Indonesia, Mexico, Turkey, Indonesia and Thailand.

UK appoints new high commissioner to India

UK appoints new high commissioner to India

Rediff.com8 Mar 2016

The UK on Tuesday appointed veteran career diplomat Sir Dominic Asquith as its new High Commissioner to India.

UK court issues arrest warrant against Nirav Modi

UK court issues arrest warrant against Nirav Modi

Rediff.com18 Mar 2019

Modi, a diamond jeweller whose designs have been worn by Hollywood stars, is now believed to be running a new business, which describes itself on the UK's Companies House register as a wholesale trader in watches and jewellery and a retailer of watches and jewellery in specialised stores.