In a one-to-one meeting,
Minister for Commerce and
Industry Kamal Nath has
reportedly told his European
Union counterpart Peter
Mandelson that India is
willing to restart the stalled
Doha Round but is unwilling to
rush into a deal.<More>
UK Bank to Close Direct
Interface Call Center
(March 05, 2007)
The United Kingdom's largest
consumer loan provider, Lloyds
TSB Group, has capitulated to
domestic union and labor
demands to stop off shoring
activities to India and closed
its direct interface
operations.<More>
“Red Tapism” Slowing Indo-UK
Trade
(January 25, 2007)
Chairman of the Indo-British
Partnership Network (IBPN)
Lord Karan Bilimoria said in
an interview with the Times of
India that although “reduced
to a great extent,” the
biggest bottleneck to further
bilateral trade is “Red tapism.”<More>
Over 200m Jobs by 2020: Brown
(January 22, 2007)
British Prime Minister in
waiting and Chancellor of the
Exchequer Gordon Brown said
that India is set to create
25% of extra jobs or an
estimated 200 million jobs by
2020 which will be more than
the numbers created in the US,
Europe, and China put
together.<More>
UK Interests in Indian
Agriculture
(January 18, 2007)
The largest business
delegation from the UK
totaling representatives from
150 businesses has promised
investments in food
processing, agriculture
retail, and manufacturing and
also seeks deregulation of
financial, legal services, and
retail sectors.<More>
Increased Foreign M&A
Projected
(December 27, 2006)
Investment bankers and
analysts project increased
merger and acquisitions (M&A)
activity in the information
technology (IT) space where
smaller Indian companies are
acquired by larger foreign
players but do not rule out a
large deals either.<More>
Hawk Jet Trainers Next Year
(November 28, 2006)
The first two of the 66 Hawk
Advance Jet Trainers (HAJT)
ordered by the Indian Air
Force (IAF) in 2004 is
reportedly in final stages of
testing at the BAE Systems and
will fly by year-end and
slotted for delivery by
September next year.<More>
US Upset with UK Taliban Truce
(November 21, 2006)
The US seems to have expressed “unease” with the
reported truce negotiated by the British
military in Afghanistan with tribal elders
representing the Taliban followed by a
withdrawal of British troops at Musa Qala and
restoration of the captured to local militia.<More>
The Last Big Push
(November 20, 2006)
Accused of being “in a state
of denial,” US President
George Bush rejected calls for
a phased withdrawal of
American troops from Iraq and
instead has come up with a
plan that will give it one
“last big push” recognizing
“the conditions on the
ground.”<More>
Al-Qaeda Nuke Plot Targets UK
(November 15, 2006)
Continuing with a series of briefings, British
intelligence officials said that they are
convinced that the al Qaeda is planning a
nuclear attack on the UK and cited “an awful lot
of chatter” on jihadi websites to bolster their
claim.<More>
Lebanese Political Crisis and West Asia
(November 14, 2006)
The resignation of 5 Shiite Ministers from
the Lebanon Government increased regional
tensions across sectarian and religious
lines and the US Government (USG) applauded
an Argentinean court branding the Hezbollah
“global nexus of terrorism.”<More>
Russia Accuses US for NK Tests
(October 24, 2006)
Russia virtually accused the
US of pushing North Korea (NK)
into a corner and provoked
their tests and called for
more flexibility from the Bush
Administration for the
resumption of the 6-party
talks.<More>
Modernization Drive of IAF
(October 24, 2006)
While retirement of MIG
variants will outpace
induction of new aircraft, the
Indian Air Force (IAF) expects
to invest Rs. 20,000 crore (USD
4.3 billion) over the next 10
years to modernize its fleet
with better detection and
combat systems and more
endurance.<More>
Indian Navy Declines Harriers
(October 13, 2006)
After decline PC-3 Orion from
the US , the Indian Navy has
declined 8 British Sea Harrier
FA2 fighter jets phased out of
the Royal Navy because vital
components such as missile
carrying capability, fire
control radar, and other
avionics were missing.<More>
India, Britain Share Terror Concerns
(October 12, 2006)
Visiting Britain right after the North
Korean (NK) nuclear test, Prime Minister
Manmohan Singh and British Prime Minister
Tony Blair concluded their third annual
summit and discussed terrorism, energy
cooperation, and investment promotion.<More>
India is 3rd Largest Investor in UK
(July 07, 2006)
British High Commissioner to India
Michael Arthur said “With Indian
businesses investing £1.02 billion
into the UK, India now ranks as the
third largest foreign investor in the
UK globally, and the second largest
from the Asia-Pacific region.”<More>
UK Missing the India Boat
(June 23, 2006)
The UK Trade and Industry
Select Committee of British
Members of Parliament (MP)
said that British businesses
“have only partial
understanding of the Indian
economy, despite it becoming
the fourth-largest in the
world with the
second-largest population.”<More>
Navy Seeks Advanced Choppers
(May 31, 2006)
The Navy is seeking the immediate purchase of 16
medium lift helicopters at the cost of USD 1 billion
and an additional 8 in the next few months to fill the
shortage of 46 helicopters.<More>
Indo-British Naval Exercises
(May 18, 2006)
India and the United Kingdom (UK) fielded their navies
in a second exercise that involving an aircraft
carrier, nuclear submarines, guided missile frigates,
missile destroyers, supply tankers, and 1 embedded
French ship off the Konkan coast. <More>
UK Laws Makes Outsourcing Expensive
(April 06, 2006)
In a move that could cost Indian business process
outsourcing (BPO) companies a huge packet, United
Kingdom is introducing a law that will require BPOs to
safeguard the rights of worked made redundant because
of outsourcing.<More>
Indian Companies in London Double
(March 08 ,2006)
The Foreign Direct Investment agency Think London
announced that the number of Indian companies setting
up operations in London doubled last year bringing the
total investments into London at 30% making India the
2nd largest investor in London.<More>
Indo-UK Council on Science
(February 27, 2006)
UK Minister for Science and Innovation Lord Sainsbury
announced the formation of India-UK Science and
Innovation Council to forge industry-oriented
commercial research.<More>
UK Threatens Supply Delivery for Myanmar Deal
(February 01, 2006)
The United Kingdom Ambassador Michael Arthur has asked
India not to fulfill the promise of selling BN-2
Islander aircraft to Myanmar.<More>
UK Plans FTA with India and EU
(January 18, 2006)
To get a fair share of India's growing global trade
engagement, Britain has mooted a plan to create a Free
Trade Agreement between India and the European Union.<More>
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