NAMASTE CHANCELLOR MERKEL! 07/10/2015 5:38 am Mitul Paniker German Chancellor Angela Merkel and Indian Prime Minister Narendra Modi led their respective teams for the third inter-governmental consultations in Hyderabad House where they signed 18 MoUs and letters of intent and a new German assistance package for over 1 billion euros for solar projects in India, making it part of an overall commitment of more than 2 billion euros.
BoE rule forces Indian banks to add capital into UK units 07/10/2015 5:38 am Mitul Paniker Some of India's largest banks are now being forced to provide hundreds of millions of pounds to capitalise new UK subsidiaries that the Bank of England had asked to set up to house their consumer-facing activities.
India pips US, China to emerge as No. 1 FDI destination 07/10/2015 5:38 am Mitul Paniker According to reports, India has overtaken China and the US, emerging on top of the foreign direct investment league table
Charity trustee sentenced for falsely claiming tax relief 07/10/2015 5:39 am Mitul Paniker Principal trustee of a charity has been sentenced after investigation by the HM Revenue and Customs for attempting to steal over £37,000 in false claims for Gift Aid tax relief.
Ambani brothers join hands for 4G services 07/10/2015 5:39 am Mitul Paniker Once warring, Ambani brothers, Mukesh and Anil have decided to call truce to launch the fourth generation mobile phone services by the end of the year, signalling a consolidation in the Indian telecom market