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

 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......

UK hosts round-table over Indian mango ban

 The British government on Thursday held talks with all the stakeholders to help lift the European Union ban on the import of Indian mangoes before the sanctioned date of December 2015. UK......

2010 to be tough for British retailers

 The year 2010 is going to be another tough year for the retailers in the UK, who are likely to cut more jobs driven by low consumer demand and weakness in the economy, says a survey. According to......

S Kumars to buy US co Hartmarx for $119 mn

 Textile major S Kumars is all set to acquire Hartmarx, one of the last remaining American clothing manufacturers and better known for dressing President Barrack Obama, for $119 million. Hartmarx,......

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