India's largest IT services player Tata Consultancy Services (TCS) saw its $2 billion, 10-year deal with Transamerica Life Insurance Company come to an end even before the period was over. Transamerica is the subsidiary of American arm of Dutch insurer Aegon NV. This is not the first time such a long-term deal has been called off. Earlier this year, UK's National Employment Savings Trust (NEST), ended a $1.8-billion deal with French IT services player Atos.
In August 2021, Nick Read, chief executive of Vodafone Plc at the time, did not mince his words while speaking about the India business in an earnings call. Replying to an analyst's question on Vodafone Idea, a venture with the Aditya Birla Group that had piled on huge debts and worrisome losses, Read described it as a highly stressed situation that "they (Vodafone Idea) are trying to navigate... "We, as a group, try to provide them as much practical support as we can, but I want to make it very clear, we are not putting any additional equity into India.''
'We want to make sustainability affordable.' 'We tell everyone, don't just recycle, Craste it!'
The 50-year-old jeweller, who remains behind bars at Wandsworth Prison in south-west London, had lost the first stage of the high court appeals process last week as a judge declined permission to appeal "on the papers". Modi's lawyers had five days to file a renewal application seeking an oral hearing to plead the case for permission to appeal against the extradition ordered by UK Home Secretary Priti Patel on April 16.
While India should be concerned about disparities, the fact is that whereas three decades ago about half the people had incomes greater than $2.15 a day, today seven out of eight do, notes T N Ninan.
A bulletin from the hospital on Sunday night said it has taken expert opinion from a UK-based doctor who examined her and concurred with the present line of management.
The MPs voted in favour of the Queen's Speech by 323 votes to 309 with a majority of 14.
Two doses of Pfizer and AstraZeneca COVID-19 vaccines generate lower levels of antibodies against the Omicron variant of coronavirus, according to a study which suggests that those previously infected or vaccinated may be at an increased risk of infection.
The health minister said that experts had identified over 1,000 cases with the variant, predominantly in the south of England.
The birth is believed to be slightly premature but both mother and baby are said to be doing very well.
'From the start, we have sought to put in the right measures at the right time. We will not hesitate to go further if that is what the scientific and medical advice tells us we must do'
Britain may become the first country in the world to allow a controversial IVF technique that creates babies using DNA from three people, to keep parents from passing genetic diseases to their offspring.
British Prime Minister Theresa May will be in India tomorrow, but Cyrus Mistry will no longer head the Indo-UK CEO forum.
Assange is wanted in the US on the charges of conspiring with Chelsea Manning, an American activist and whistleblower, to commit computer intrusion into the Department of Defence network to steal classified documents, namely Afghan and Iraq war logs and secret Department of State cables.
E-commerce major Amazon will host Prime Day - its annual sale event - in India on July 15-16. The company will launch over 45,000 products from over 400 Indian and global brands. The announcement of the Prime Day event in India comes at a time when 900 workers at Amazon UK plan to strike for three days (July 11-13).
The family of Souvik Pal, an Indian student whose body was found weeks after he went missing in Manchester, United Kingdom, on Thursday demanded that the British government order a probe into his mysterious death.
Attend the annual Pre-Departure Briefings organised by the British Council.
The interesting find was how people perceive health insurance in India. It is seen as an instrument to protect savings.
Voters gave Johnson the huge mandate so that he can get the UK out of the European Union by January -- no ifs, no buts.
The vaccine, ChAdOx1 nCoV-19 and also known as AZD1222, is considered among the most advanced in the worldwide hunt for a viable vaccine against the novel coronavirus.
The Premier League, which has been on hold since March 13, remains suspended until at least April 30 while lockdown measures are in place in the United Kingdom until May 7, when the government is set to review the current restrictions in place.
The nature of the adverse reaction and when the development took place were not initially clear, although the participant is expected to recover, said an individual familiar with the matter.
McCloskey, who chairs an independent panel of experts advising organisers on COVID-19 mitigation measures, said there was no way of being 100% sure that no athlete would be infected but measures in place were reducing that risk considerably.
It would be the biggest Conservative victory since 1987, the poll suggests.
British-Indian prime ministerial candidate Rishi Sunak on Wednesday pledged a crackdown on Islamist extremism, the UK's most "significant terror threat", with a widened government definition of extremism and strengthening existing terrorism legislation.
United Kingdom-based Indian-origin businessman Shrien Dewani has been extradited to South Africa to stand trial for allegedly plotting the 2010 murder of his Indo-Swedish wife while on their honeymoon.
Following is the chronology of the main events illustrating Sunak's second shot at UK prime minister's post.
Sajid Javid, the son of a Pakistani bus driver whose family migrated to Britain in the 1960s, becomes the first South Asian origin MP to hold a key portfolio in the UK Cabinet.
Nurses from India and other non-European countries employed with Britain's state-funded National Health Service could be forced to leave the UK under new immigration rules.
'You make a song, it gets rejected, you have to make 10 more.'
Entities belonging to the Burman family, the promoter of Dabur India, on Monday announced a Rs 2,116 crore open offer to shareholders of Religare Enterprises Ltd (REL) to acquire up to an additional 26 per cent stake in the company as part of its strategy to enter the financial services space. Post the open offer, the family's stake in the financial services firm is expected to increase to 51 per cent. The open offer is made to increase the family's stake and take control of REL and this will mark the entry of Burmans into the financial services space.
In a dazzling resurgence, foreign investors have graced the Indian equity markets with an influx of nearly Rs 1.5 lakh crore in 2023, fuelled by optimism over the country's resilient economic fundamentals amid shadows of a gloomy global scenario. Experts believe that the positive trend may continue in 2024. This follows Indian equities witnessing the worst-ever net outflow of Rs 1.21 lakh crore by FPIs in 2022 on aggressive rate hikes by the central banks globally after net inflows for three consecutive years.
'Two imperfect people who have perfectly been stuck together since twenty-two years! Happy anniversary Tina'.
When the war veteran set out to walk 100 laps of his garden in Marston Moretaine in Bedfordshire before his 100th birthday, he was aiming to raise a humble 1,000. But his determination to complete the challenge while using a walking frame captured the public's imagination during the pandemic and within days he had raised tens of millions of pounds, with the figure continuing to grow even after he had completed the 100th lap.
'Without a poverty line, how are we to know whether poverty is the same, or it has come down or it has gone up?'
In a cabinet that was already being touted as the most diverse in British history, Priti Patel became the first Indian-origin home secretary with Pakistani-origin Sajid Javid moving from the UK Home Office to become the new chancellor.
Swiss food giant Nestle has acquired CM&D Pharma, a UK-based drug maker that specialises in the development of products tailored for patients with kidney disease, for an undisclosed amount.
The resolution proposed by Russia that called for a humanitarian ceasefire in Gaza but made no mention of Hamas' attack on Israel.
The UK spends about Rs 1.5 lakh per citizen. India spends Rs 260 per citizen. Of course we are a poor nation, but we are a poor nation that last year spent Rs 59,000 crore buying 36 fighter planes and this year is spending Rs 99,000 crore on a bullet train, says Aakar Patel.
UK-based firm Veetee Fine Foods today said it is planning to make a foray into the health food segment in India with plans to launch ready-to-eat whole grains and soups within this fiscal.
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