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Mauritius largest source of FDI in India, says RBI
Fri, Jan 19, 2018
Singapore and Japan were the next two sources of foreign direct investment (FDI), said the Census on Foreign Liabilities and Assets of Indian Direct Investment Companies 2016-17, released by RBI.
India launches 31 satellites, puts Cartosat-2 into orbit
Fri, Jan 12, 2018
The 44.4-metre tall Polar Satellite Launch Vehicle (PSLV-C40) roared into a clear sky after a perfect lift-off at 9.29 a.m. following a 28-hour countdown.
UK: Vijay Mallya extradition trial hearing inconclusive
Thu, Jan 11, 2018
Embattled liquor baron Vijay Mallya, wanted in India on charges of fraud and money laundering allegedly amounting to around Rs 9,000 crore, today appeared in court here for his extradition trial but the hearing was inconclusive as the defence is yet to complete its arguments.
UK keeps top financial sector global ranking, Brexit seen as risk
Fri, Dec 15, 2017
Britain is sending a trade delegation to China this weekend that will include financial services firms such as the London Stock Exchange to drum up business to help plug any gap in business lost due to Brexit.
Qatar goes ahead with $6.7 billion Typhoon combat jets deal with UK's BAE Systems
Sun, Dec 10, 2017
BAE Systems and Qatar have entered into a contract valued at around 5 billion pounds ($6.7 billion) for the country to buy 24 Typhoon combat aircraft, the British defence group said on Sunday.
India's case against Mallya politically motivated, UK court hears
Tue, Dec 05, 2017
The Indian government’s fraud case against tycoon Vijay Mallya is baseless and politically motivated, his defence lawyer told a London court on Tuesday as she battled to prevent his extradition to his home country.
Vijay Mallya has 'case of fraud' to answer, UK court told
Tue, Dec 05, 2017
The extradition trial of Vijay Mallya, wanted in India on charges of Rs 9,000 crores fraud and money laundering, today began at a UK court here, with the prosecution asserting that the embattled liquor baron had a "case of fraud" to answer.
India's brand value declines in the world; loses its spot to Canada: Report
Mon, Oct 09, 2017
India slipped to No 8 spot in 2017 from No 7 spot and lost its place to Canada which saw a 14% growth in its brand value.
Uber to defend business model at UK tribunal on worker rights
Wed, Sep 27, 2017
Uber a week ago lost its license to ply on London's streets after citing serious criminal offences and background checks on drivers.
India has highest number of unicorn start-ups outside the US
Mon, Sep 25, 2017
India currently has 9 unicorn start-up firms including Flipkart, Hike, InMobi, Ola Cabs, Paytm, ReNew Power Ventures, ShopClues, Snapdeal and Zomato.
Uber offers to discuss concessions to continue operating in London
Sun, Sep 24, 2017
Uber is open to discuss concession with transport authorities to continue operating in London, after it lost its license to ply on its streets.
Money in Swiss banks: India slips to 88th place; UK on top
Sun, Jul 02, 2017
India has slipped to 88th place in terms of money parked by its citizens with Swiss banks, while the UK remains on the top.
Jaguar Land Rover to create 5,000 new jobs in UK: Telegraph report
Sun, Jun 18, 2017
Britain`s biggest carmaker Jaguar Land Rover (JLR) is drawing up plans to hire an extra 5,000 engineers and technical staff in the next year, the Sunday Telegraph reported, in a boost to the government as it embarks on the Brexit negotiations.
India leads globally in adoption of biometric techniques, says HSBC report
Sun, May 28, 2017
According to HSBC's latest 'Trust in Technology' report, people in India (9%) are three times more likely than any other country (3%) surveyed to have used 'iris recognition' to identify themselves.
British Airways cancels all flights from London after IT system failure
Sun, May 28, 2017
British Airways has cancelled all its flights from Heathrow and Gatwick airports in London on Saturday after a "major IT system failure" whereby it has left thousands of travellers stranded on both the airports.
Here's everything to know about 'WannaCry' ransomware; measures & more
Mon, May 15, 2017
The 'WannaCry' ransomware has attacked about 150 countries across the world but little is being talked about what is this cyber attack about,which countries are affected and how to prevent it. Here's everything to know about 'WannaCry' ransomware.
Carmaker Nissan says UK plant hit by cyber attack
Sat, May 13, 2017
Automaker Nissan's plant in the UK has been affected by a cyber attack that has hit nearly 100 countries.
UK's Crown Prosecution Service defers Vijay Mallya's extradition hearing to June 13
Sat, May 13, 2017
The UK's Crown Prosecution Service (CPS) on Friday said that the next hearing on extradition of Kingfisher Airlines owner Vijay Mallya has been deferred to June 13 this year.
EU to exclude financial services from trade deal with UK post-Brexit
Wed, Apr 26, 2017
An earlier version of the guidelines only said that future trade agreement should "not endanger financial stability in the Union and encompass safeguards against unfair competitive advantages
Mallya could fight extradition on political grounds: Experts
Thu, Apr 20, 2017
Indian tycoon Vijay Mallya, who has been declared a proclaimed offender, is likely to challenge his extradition to India from the UK on the grounds that the charges against him are politically motivated, legal experts in the UK said today.