Wednesday, 24 May 2017

Tag Archives: UK

Vijay Mallya laundered money to British cos, India tells UK

Vijay-Mallya

NEW DELHI: Indian investigators feel there is a strong chance of bringing Vijay Mallya back to India as documents shared by the Enforcement Directorate (ED) with the UK government claim the controversial tycoon laundered money from banks in India to “British companies“ and “bank accounts“ in the UK.The ED’s findings ...

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UK-based Liberty Group to buy ArcelorMittal’s US unit

Sanjeev Gupta, executive chairman of Liberty House Group, center, arrives at the offices of the Department for Business, Skill and Innovation in London, U.K., on Tuesday, April 5, 2016. Gupta plans to meet U.K. Business Secretary Sajid Javid to discuss potential purchase of Tata Steel Ltd.’s British steel operation, the BBC reported without attribution. Photographer: Chris Ratcliffe/Bloomberg *** Local Caption *** Sanjeev Gupta

LONDON: UK-based Indian-origin entrepreneur Sanjeev Gupta’s Liberty House Group announced an in-principle agreement to acquire ArcelorMittal’s Georgetown Steelworks in South Carolina. The proposed deal between Liberty House and NRI steel magnate Lakshmi N Mittal’s US steelworks includes a 540,000- tonne a year electric arc furnace and 680,000-tonne a year rod ...

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PIA to start daily Karachi-London flights

PIA

LONDON: Pakistan International Airline (PIA) will provide passengers with an option of daily flights between Karachi and London from April 25, 2017. Two of these flights, on Wednesdays and Sundays, would be operated directly, while on other days convenient connections within two to three hours would be provided to Lahore ...

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IMF says Brexit poses risk to global stability

EU

LONDON: The International Monetary Fund (IMF) has warned that Brexit poses a risk to global financial stability at a time when it is already challenged by heavily-indebted US corporations, China’s credit bubble and weak European banks. Warning that banks were likely to be the sector of the City hardest hit ...

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The 8 most elite special forces in the world

elite Pakistan

Elite special forces are some of the best-trained and most formidable units a country can boast. They go where other troops fear to tread, scoping out potential threats, taking out strategic targets, and conducting daring rescue missions. These are the best of the best. Though it’s extremely difficult to rank ...

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UK Lawmakers Seek To Revoke British Citizenship Of Assad Wife

Assad’s Wife

LONDON: Lawmakers in Britain are urging the government to revoke the U.K. citizenship of the wife of Syrian President Bashar al-Assad in response to her support for her husband’s government during the six-year civil war. Tom Brake, a Liberal Democratic member of Parliament, on April 16 accused Asma al-Assad of ...

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Pakistan attaches importance to relations with UK: Fatemi

Lord-Qurban-Hussain-tariq-fatemi

ISLAMABAD / LONDON: Special Assistant to Prime Minister of Pakistan Syed Tariq Fatemi said that Pakistan attached importance to its relations with the United Kingdom.In a meeting here with, life peer at the British House of Lords, the Special Assistant highlighted the remarkable progress made by Pakistan during the last ...

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Why and how do Christians observe GOOD FRIDAY every year

GOOD FRIDAY

LONDON: Christians around the world observe Good Friday as the day when Jesus Christ died on the cross for humanity so that he could save them from their sins. Good Friday is observed as a public holiday in various countries such as Canada, the UK, Germany, Australia, Bermuda, Brazil, Finland, ...

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Asha Khemka named Asian Business woman of the Year

BRIT IND

Asha Khemka was honoured with one of the UK’s top civilian awards – Dame, the female equivalent of knighthood – by the Prince of Wales in 2014 . LONDON: Bihar-origin Asha Khemka, who arrived in the United Kingdom with her family in 1978 without English language skills and went on ...

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