Business

Business

UK’s HKS Retail Sold To Multinational Group

ONE OF Britain’s leading Asian-owned businesses has been sold to an international petroleum products retailer and energy company, Prax, for an undisclosed amount. Leicester-based HKS...

Toymakers welcome PM Modi’s ‘vocal for local’ push

Domestic toymakers on Tuesday welcomed Prime Minister Narendra Modi's call for making the country a hub for toy manufacturing, but sought additional time to...

Atlas Cycles pedals away as operations shut at last manufacturing unit

Atlas Cycles - a name that became a synonym for bicycles in India - has shut its last manufacturing unit in Sahibabad, just outside...

Anil Ambani receives reprieve from court in insolvency proceedings

An Indian court on Thursday halted insolvency proceedings against Reliance Group chairman Anil Ambani, the younger brother of India's richest man, and barred him...

Indian-American Dhivya Suryadevara, Named GMs Financial Head

General Motors Co said on Wednesday Dhivya Suryadevara, currently vice president of corporate finance, will succeed Chuck Stevens on Sept. 1 as Chief Financial...

Eastern Eye Asian Rich List – Hindujas top list of wealthiest Asians in UK

NRI businessmen Hindujas have retained their position as the richest Asians in the UK in 2017 with an estimated wealth of 19 billion pounds,...

India’s rich get richer, Mukesh Ambani retains top slot:Forbes

Reliance Industries chief Mukesh Ambani on Thursday emerged as India's wealthiest for the 10th straight year as his net worth swelled to USD 38...

Vibrant Foods acquires Cofresh Snack Foods

VIBRANT FOODS, an ethnic foods platform launched by Exponent Private Equity in June, has acquired Cofresh Snack Foods for an undisclosed amount. The deal is...

Mistry family flags ‘underperformance’ at Tata Sons AGM

The bitter tussle between the Tatas and ousted chairman Cyrus Mistry came to fore at the annual general meeting of Tata Sons, as the...

India business awaits changes to Raj era labour laws

WITH steel machines hissing and whirring and staff studiously manning production lines, Sunder Rajan's factory about two hours southwest of New Delhi is prospering. But...