Sanjeev Gupta buys aluminium smelter from Rio Tinto

UK industrialist Sanjeev Gupta announced plans to build a global aluminium business after reaching an agreement to acquire Europe’s biggest smelter from Rio Tinto for $500m.

Tesco staff ‘quit as fears of accounts fraud grew’

Amid raising concerns about accounting practices at the retailer, two Tesco employees have resigned

Jewellers strip Punjab National Bank of £1.15 bn

In yet another banking fraud, India's second-largest lender Punjab National Bank (PNB) revealed that it has detected “fraudulent and unauthorised” transactions worth over Rs 11,500 Crore at one of its Mumbai branches.

FICCI vouches positive impact of GST on business logistics

The Federation of Indian Chambers of Commerce & Industry (FICCI) conducted a survey of enterprises post the implementation of GST, for answers on various issues that are being faced by the industry following India's transition to the Goods and...

US Supreme Court partially okays Trump's travel ban

The US Supreme Court has partially reinstated President Donald Trump's controversial travel ban targeting citizens from six predominantly Muslim countries, before examining the case in full this autumn

Arun Jaitley raises H-1B concerns with US treasury secy

India's Finance Minister Arun Jaitley raised the issue of tightening of the H1B visa regime with US counterpart treasury secretary Steven Mnuchin during their first meeting, highlighting the contribution of Indian firms and professionals to...

US asks public schools to let transgender access to bathrooms

The US administration has issued guidance directing public schools to let transgender students to use bathrooms and locker rooms matching their gender identity.

Will ‘Teflon’ President Zuma survive the latest scandal?

Former US President Ronald Reagan was called by his detractors “the Teflon president”. The nickname was coined by Patricia Schroeder, a Congresswoman, and reflected on how a plethora of scandals surrounding his presidency seemed to have no effect...

Women of India, Women of Britain, Women of the World

They nearly did it. The Indian cricket team nearly won the world cup in cricket. The women came a lot closer than the men.

Diego Garcia & UK’s Ability to Project Global Power

I write to you from the Equator, on an Atoll in the centre of the Indian Ocean, which is a couple of hundred miles from the British Military base, Diego Garcia. From here I have a good calm place to contemplate the arguments about Britain being...

Bank of England cut growth forecast

Brexit negotiations initially got off to a shaky start as it seemed that British cabinet ministers were unable to reach an agreement on the best course of actions and the government also seemed at war with itself over the divorce terms.

Brexit deal in tatters

The ongoing and tense negotiations have led to a broad agreement by the UK to a gross financial settlement of £89bn on leaving the bloc, although the British expect the final net bill to be half as much. The news brings the two sides close to agreement on a key obstacle to opening talks on a future free trade pact.

The North South Divide

My trip to Birmingham last week proved unsuccessful, as far as the auction goes. I chose to not attend for various reasons, just as well, as the prices went way above the guide price. For example, one property which was guided at £55k went for...

When the stars are aligned

There has been a lot of interest in regards to UK property investment from some investors from India.  Some I have recently met have already invested in London.  Primarily their decision to invest in London was driven by wealth preservation,...

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