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.''
Teenage rights activist Malala Yousufzai, who was shot in the head during an assassination attempt by the Taliban, was on Monday sent to Britain for treatment as she needs "prolonged medical care", the Pakistani military said. The 14-year-old, who has been in the intensive care unit of the Armed Forces Institute of Cardiology since Thursday, was flown to Britain in an air ambulance provided by the United Arab Emirates, the statement said.
Nirav Modi, the fugitive diamond merchant wanted in India to stand trial on fraud and money laundering charges, on Thursday suffered another setback in his legal battle against his extradition as the high court in London denied him permission to appeal against his extradition order in the UK Supreme Court. In a judgment order pronounced at the Royal Courts of Justice in London, Lord Justice Jeremy Stuart-Smith and Justice Robert Jay ruled that "the Appellant's (Nirav Modi) application for permission to appeal to the Supreme Court is refused".
The UK prime minister warned that anyone flouting these strict rules would have to deal with police, who will have the powers to enforce them, including through fines and force dispersal gatherings.
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.
'Sweden removed the inheritance tax because many of the rich were fleeing. For example, the owner of IKEA had migrated out of Sweden'
Sharma was the president of the conference, the first since the Paris Agreement of COP21 that expected parties to make enhanced commitments towards mitigating climate change.
Announcing the news on social media, Symonds, 32, said the baby was named after the UK Prime Minister's grandfather Wilfred and her grandfather Lawrie, with Nicholas a nod to the National Health Service doctors - Dr Nick Price and Dr Nick Hart.
The postponement of major sporting events during the coronavirus pandemic has left some British charities concerned about their survival, representatives have told Reuters, while others are worried about delivering services to vulnerable people.
Russian President Vladimir Putin "probably approved" the murder of former KGB agent Alexander Litvinenko who died in a London hospital in November 2006 from radioactive poisoning, a British public inquiry concluded on Thursday.
Britain's National Cyber Security Centre, leading the international investigation, believes that a hacking group known as Lazarus launched the attack.
For all its claims to economic glory, the majority of India's population lives vulnerable lives, a situation that has only worsened over the past 15 years, to the extent that the government now fears to release economic data or even conduct a proper Census, notes Rathin Roy.
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.
Rishi Sunak, Sailesh Vara and Suella Fernandes were the three new Indian-origin MPs to be inducted into the Theresa May govt.
Boosting trade and simplifying visa regime, apart from security and defence cooperation, were among the key bilateral issues. The two leaders also discussed regional and international matters of mutual interest.
The 93-year-old monarch and her 98-year-old husband, Prince Philip, are likely to be placed in quarantine at the royal Sandringham Estate in Norfolk in the coming weeks as tougher measures are put in place to fight the coronavirus outbreak in the UK affecting over 1,140 people.
Experts said the strain has not propelled a surge in cases like Omicron, but advised strict adherence to COVID-19-appropriate behaviour.
Jaitley, 66, has become 'very weak' as his health has deteriorated over the past few weeks, sources said, adding that he has developed some throat condition as well that prevents him from speaking for long.
The resolution proposed by Russia that called for a humanitarian ceasefire in Gaza but made no mention of Hamas' attack on Israel.
The Narcotics Control Bureau on Tuesday claimed to have busted the "biggest" darknet-based LSD cartel operating in India with the seizure of more than 13,000 blots and Rs 26 lakh in cash and the arrest of three persons.
A large number of overseas doctors, mostly from India, who had flocked to Britain in response to the United Kingdom National Health Services' global appeal for more staff, are facing unemployment, poverty and discrimination.
Six cases of the new COVID-19 Omicron variant have been identified in Scotland on Monday, taking the UK's total to nine following three cases detected in England earlier.
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.
India, the world's fifth largest economy in the world, is likely to overtake Japan to become the world's third-largest economy with a GDP of $7.3 trillion by 2030, S&P Global Market Intelligence said in its latest issue of PMI. After two years of rapid economic growth in 2021 and 2022, the Indian economy has continued to show sustained strong growth during the 2023 calendar year. India's gross domestic product (GDP) is expected to grow 6.2-6.3 per cent in the fiscal year ending in March 2024, being the fastest-growing major economy this fiscal year.
In what appears to be an astonishing revelation, a US-based scientist who worked at a controversial research lab in China's Wuhan, has said that Covid-19 was a "man-made virus" that leaked from the facility.
Philanthropic contributions made by India's ultra high networth individuals (net wealth of over Rs 1,000 crore), also known as UHNIs, have fallen sharply to Rs 4,230 crore in FY22, from Rs 11,821 crore the previous financial year, according to the India Philanthropy Report 2023 by Dasra and Bain & Co, which was released on Wednesday. The report says that the dramatic fall, almost by a third, was due to the fact that contributions by the Azim Premji Foundation dropped by Rs 9,000 crore due to a share buyback of Wipro, which helped the foundation to access liquidity directly. However, the report laments that even excluding the Premji Foundation's contribution, "Indian UHNI contribution has not kept pace with wealth creation" and is "below par, with a 5 per cent contraction in FY2022".
Some of the countries where cheetahs are still found, though in smaller numbers, include Algeria, Egypt, Niger, and Mali.
A fourth COVID shot is unwarranted at the moment as most people in the country are yet to receive their third dose, they said.
'You make a song, it gets rejected, you have to make 10 more.'
Move follows Tata Steel decision to sell its loss-making businesses in Britain
A lone attacker, believed to be a Libyan refugee, went on a stabbing spree in a busy park in the southern English city of Reading, killing three people and injuring three others, the deadliest terrorist incident to strike Britain since 2017 London Bridge attack.
Deighton's unpaid role will be to scale up production domestically, where brands like Barbour and Burberry have already switched factory lines from high-end fashion to PPE.
Some of the hospitals in the UK plan to outsource medical secretarial work to India, a media report said on Friday.
Honda has been ordered to pay 64,000 to an Indian worker who was forced to quit after suffering racial abuse at work. Shah took Honda to a tribunal that finally ruled in his favour despite an attempt by managers to falsify documents and training records in a bid to dispute his claims.
Judge Justice Wilkie in the high court of justice ordered the injunction on Sunday evening, Ramesh Mehta, president of the British Association of Physicians of Indian Origin, told PTI in London on Monday.
These 25 people include the 20 who were found positive with the mutated strain on Tuesday and Wednesday.
'Without a poverty line, how are we to know whether poverty is the same, or it has come down or it has gone up?'
These include the 25 cases which were announced till Thursday. "All the 29 persons are in physical isolation in health facilities," an official said.
