New Delhi: Diageo India, a subsidiary of British liquor giant Diageo Plc, anticipates that the recently-announced India-UK free trade agreement (FTA) will help lower prices for imported spirits, with some categories seeing a high single-digit reduction, potentially lifting demand for its alcoholic beverages. Also Read | Why Diageo’s Hina Nagarajan is leaving on a high…
New Delhi: India is preparing to roll out global tendering features on the government’s digital commerce portal that will allow British firms as well as all other global firms to bid for government tenders, a senior official said. The move on the Government e-Marketplace (GeM) portal follows the successful conclusion of negotiations for the India-UK…
History has a strange way of playing out old patterns in new forms by taking into account exigencies of the time. India and the UK concluded talks on a free trade agreement (FTA) on 6 May. Historically, the relationship between both countries has been predicated on trade, with the passage of time determining the necessary…
The Tata Group acquired the iconic JLR (which, like BT, was formerly state-owned) from Ford Motor Company for $2.3 billion on a cash-free, debt-free basis in 2008. Now, Bharti is set to become the largest investor in BT, with just under a blocking stake. Someone who has a blocking stake in a company owns enough…
