India-UK FTA talks to resume early next year: Ministry of Commerce and Industry
The Indian Ministry of Commerce and Industry on Wednesday said discussions over relaunching the Free Trade Agreement between India and the UK will commence in early 2025.
India's Oberoi Group to debut in UK with luxury hotel in London’s Mayfair
New Delhi: Grosvenor and EIH London Investments Ltd on Wednesday said that London's prestigious Mayfair neighbourhood will have the first Oberoi Hotel by the Indian luxury hospitality group in the UK, media reports said.
UK-based fintech Revolut set to enter India by 2025: Report
Mumbai: UK-based Revolut, one of Europe's leading fintech companies, is preparing to launch its services in India by 2025, targeting tens of millions of affluent consumers, according to a report by The Financial Times.
1,500 Tata Steel workers in UK to go on indefinite strike from July
London: Around 1,500 Tata Steel workers in Britain will commence an indefinite strike on July 8 in response to the company's decision to shut down two blast furnaces and eliminate up to 2,800 jobs, Reuters reported citing the trade union Unite.
The Body Shop collapses into administration in UK, puts over 2000 jobs at risk
Cosmetic chain The Body Shop has collapsed into administration in the UK, leaving more than 2,200 jobs at risk.
TCS announces 15-yr extension of partnership with insurance provider Aviva
London: Tata Consultancy Services (TCS) on Tuesday announced an expansion of its collaboration with Aviva, a top insurance, wealth, and retirement provider in the UK.
UK's antitrust watchdog probes Vodafone-Hutchison merger
London: The antitrust watchdog in Britain has started an investigation into the $19 billion merger between Vodafone's UK operation and CK Hutchison's Three UK, examining whether the deal could negatively impact competition, media reports said.
UK set to bring biggest ever delegation to Bengal Global Business Summit 2023
New Delhi/Kolkata: British High Commissioner to India Alex Ellis will visit Kolkata along with the biggest-ever UK delegation to the Bengal Global Business Summit (BGBS) 2023, a press release said.
India mulling 39% cut in tariff on EV imports to finalise FTA with UK: Report
New Delhi: India is considering a proposal to decrease import taxes on certain electric vehicles from the UK in order to finalise a free-trade agreement between the two nations by the end of this year, Bloomberg reported, citing sources.
Port Talbot: Tata Steel, U.K. Government ink deal to invest USD 1.54 billion
India's Tata Steel and the UK government have announced a joint agreement on a proposal to invest in Electric Arc Furnace steelmaking at the Port Talbot site with a capital cost of £1.25 billion (USD 1.54 billion) inclusive of a grant from the UK Government of up to £500 million ($621 million), subject to relevant regulatory approvals.
Tata Steel to get 500 million pounds from UK govt to decarbonize Port Talbot project
London: Tata Steel, on Friday, announced that after extensive negotiations aimed at preserving Tata Steel's Port Talbot venture in Wales, the UK government has consented to provide a grant of 500 million pounds to assist in decarbonization, media reports said.
Indian firms could soon list in London, UK Chancellor Jeremy Hunt announces in Delhi
Indian firms could soon list in London, it has been announced as part of a package of plans unveiled Monday by UK Chancellor Jeremy Hunt alongside Indian Finance Minister Nirmala Sitharaman, as they met in Delhi for face-to-face talks.
Tata Group to set up a battery gigafactory in the UK
Gaydon (UK): Tata Sons today announced plans to establish a global battery cell gigafactory in the UK with a capacity to produce 40GW of cells annually.
Commerce Minister Piyush Goyal to visit UK to further FTA negotiations
New Delhi: Union Commerce and Industry Minister Piyush Goyal will visit the UK from 10th to11th July to focus on the ongoing India-UK Free Trade Agreement (FTA) negotiations and meet the ministers from the European Free Trade Association (EFTA) member countries to discuss the progress of the Trade and Economic Partnership Agreement (TEPA) with EFTA.
Biswa Bangla to launch its first export venture in UK, collaborates with Heritage Bengal Global
Biswa Bangla, the flagship brand of Bengal under the aegis of the MSME &T (Micro, Small, and Medium Enterprises & Textiles) department of the West Bengal government has joined hands with Heritage Bengal Global (HBG), a non-profit organization run by the Bengali diaspora in the UK, to launch its first export venture nearly a decade after it was first launched.