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Bharti Global to acquire about 24.5 percent stake in BT Group from Altice UK

Bharti Global to acquire about 24.5 percent stake in BT Group from Altice UK

Mon, Aug 12, 2024

Bharti Global, the international investment arm of Bharti Enterprises, is set to acquire a 24.5% stake in BT Group from Altice UK. This investment, facilitated through Bharti Televentures UK, could be valued at around USD 4 billion. The acquisition aims to strengthen telecom synergies between India and the UK, particularly in AI and 5G R&D. This move marks a significant milestone in Bharti's long-standing relationship with BT, dating back over two decades.

Bank of England keeps main interest rate at 16-year high of 5.25% despite inflation fall

Bank of England keeps main interest rate at 16-year high of 5.25% despite inflation fall

Thu, Jun 20, 2024

The Bank of England on Thursday kept its main interest rate at a 16-year high of 5.25 per cent, even though inflation has fallen to its target of 2 per cent.

UK took action too late against COVID-19 during first wave of pandemic, top medical officer says

UK took action too late against COVID-19 during first wave of pandemic, top medical officer says

Wed, Nov 22, 2023

Britain's government was too late in taking action against the coronavirus during the first wave of the pandemic in 2020, the U.K.'s chief medical adviser said Tuesday.

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Former UK Prime Minister Tony Blair calls for second vote to fix Brexit 'mess'

Former UK Prime Minister Tony Blair calls for second vote to fix Brexit 'mess'

Tue, Jul 17, 2018

Blair himself said it was a "mush", an "incomplete half-in half-out" plan that pleased no one -- and was unlikely to be accepted by Brussels. He noted the inherent dilemma in Brexit -- stay close to the EU to protect trade but forfeit the opportunities of going it alone, or cut ties altogether and risk damage to the economy.

Narendra Modi UK visit: Top 8 things on PM's agenda

Narendra Modi UK visit: Top 8 things on PM's agenda

Wed, Apr 18, 2018

Narendra Modi UK visit: Prime Minister Narendra Modi on April 17, 2018, reached London, the United Kingdom on the second leg of his three-nation European tour (Sweden, the United Kingdom and Germany).

EU wants to restrict single market access to UK

EU wants to restrict single market access to UK

Wed, Feb 07, 2018

The European Union (EU) wants to be able to restrict the UK`s access to the single market if there is a dispute after Brexit, according to a leaked document.

Accountable govt can address problems in growing world: MoS PMO

Accountable govt can address problems in growing world: MoS PMO

Wed, Jan 24, 2018

An accountable government and citizen participation can address maximum problems arising in a growing world, Union Minister Jitendra Singh has said.

Apple wins big with US tax bill but faces snag on foreign patents

Apple wins big with US tax bill but faces snag on foreign patents

Thu, Dec 21, 2017

The treatment of foreign patent profits is important to Apple because shifting those profits overseas was a cornerstone of its tax practices for decades.

BoE to allow EU banks to operate in UK as normal after Brexit: BBC

BoE to allow EU banks to operate in UK as normal after Brexit: BBC

Wed, Dec 20, 2017

The Bank of England will allow European banks to continue selling their services in the United Kingdom without having to create expensive subsidiaries after Brexit, even if no divorce deal is struck between London and Brussels, the BBC reported.

Jaguar Land Rover to create 5,000 new jobs in UK: Telegraph report

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 the growth in consumer sentiment around the world

India leads the growth in consumer sentiment around the world

Wed, May 31, 2017

One of the reasons for the consumer sentiment and the purchase of premium products is the e-commerce boom in India.

UK consumer spending grows at slowest rate in three years

UK consumer spending grows at slowest rate in three years

Mon, Apr 10, 2017

British consumer spending increased at the slowest annual pace in more than three years in the first three months of 2017, in a further sign that one of the economy`s main engines is losing steam as Brexit preparations begin, a survey showed on Monday.

Theresa May to trigger Brexit negotiations on March 29

Theresa May to trigger Brexit negotiations on March 29

Mon, Mar 20, 2017

British Prime Minister Theresa May will begin the official process of the UK's exit from the European Union (EU) on March 29, her spokesperson announced today. The UK's ambassador to the EU, Sir Tim Barrow, formally informed EU Council president Donald Tusk of the date this morning.

Tech Mahindra to buy US-based healthcare IT services & consulting firm The HCI Group

Tech Mahindra to buy US-based healthcare IT services & consulting firm The HCI Group

Tue, Mar 07, 2017

With an aim to strengthen its position in the healthcare service provider space, Tech Mahindra has announced to acquire the US-based healthcare IT services and consulting firm The HCI Group.

Jaguar Land Rover announces Velar luxury car in UK; adds 4th car to Range Rover Family

Jaguar Land Rover announces Velar luxury car in UK; adds 4th car to Range Rover Family

Thu, Mar 02, 2017

Jaguar Land Rover has launched Velar luxury car in the UK on Thursday which will be built exclusively at the company's Solihull plant in the West Midlands.

Bajaj Electricals renews trademark license agreement with Morphy Richards for next five years

Bajaj Electricals renews trademark license agreement with Morphy Richards for next five years

Tue, Feb 21, 2017

Bajaj Electricals has renewed its trademark license with Morphy Richards for next five years.

India asks UK for Mallya's deportation

India asks UK for Mallya's deportation

Thu, Feb 09, 2017

India has handed over a request for the extradition of liquor baron Vijay Mallya to the British High Commission here, the Ministry of External Affairs on Thursday said.

UK plans to remove insurance barriers for self-driving cars

UK plans to remove insurance barriers for self-driving cars

Thu, Feb 09, 2017

Britain plans to introduce new insurance rules to ensure victims of accidents involving self-driving cars are compensated quickly in a bid to remove a major obstacle for the nascent industry.

I will tell Trump when I find something unacceptable, UK PM May says

I will tell Trump when I find something unacceptable, UK PM May says

Sun, Jan 22, 2017

British Prime Minister Theresa May said on Sunday she would not be afraid to tell U.S. President Donald Trump when she finds something he has said unacceptable.

Britain will leave European Union's single market, PM Theresa May says

Britain will leave European Union's single market, PM Theresa May says

Tue, Jan 17, 2017

Britain will leave the EU`s single market when it exits the European Union (EU), Prime Minister Theresa May said on Tuesday, putting an end to speculation that London might try to seek a "soft Brexit".

India registers nearly 57% rise in foreign tourists under e-Tourist Visa scheme in December

India registers nearly 57% rise in foreign tourists under e-Tourist Visa scheme in December

Wed, Jan 11, 2017

India has registered nearly 57% growth in foreign tourists arrival under its e-Tourist Visa scheme in December last year.

Tata may freeze auction of steelworks to assess Brexit: Report

Tata may freeze auction of steelworks to assess Brexit: Report

Sun, Jul 03, 2016

Tata Steel is set to freeze auction of its UK steelworks while it assesses the fallout of the Brexit vote, a media report said today. The Mumbai-headquartered steel giant had announced plans to auction its Port Talbot steelworks in Wales earlier this year.

Brexit: Tweets that make you crack up on UK's break-up with EU

Brexit: Tweets that make you crack up on UK's break-up with EU

Fri, Jun 24, 2016

After the United Kingdoms chose to leave the European Union, the historic event has gotten wild reactions from markets becoming volatile to currencies depreciating and investors becoming cautious. Twitteratis too came out with a whole hoast of hilarious reactions.

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