International Business

International Business

British Steel collapses, 25,000 jobs at risk

British Steel, the country's second largest steel producer, has collapsed after failing to secure emergency government funding, jeopardising some 25,000 jobs, Britain's Official Receiver...

Indian pleads guilty to running call center scam

A 43-year-old Indian in the US has pleaded guilty to illegally running a multi-million dollar Ahmedabad-based call centre and defrauding individuals. Bharat Kumar Patel was...

Tata Steel Q4 net profit dives 90 per cent

TATA Steel, the world’s seventh-largest steelmaker, said on Friday (May 18) its quarterly net profit plunged 90 per cent from a year earlier, hit...

Hinduja wants to build China-India-UK partnership 

India and China can become the strongest partners in the world and the leaders of the two countries can together face US President Donald...

Renault to double India investment to $5bn

FRANCO-JAPANESE auto alliance Renault-Nissan said on Tuesday (July 16) it will double its investments in India to $5bn (£3.29bn) over the next five years...

Tata Motors reports booming profit

INDIA’S top vehicle maker Tata Motors yesterday reported a nearly fourfold increase in annual profit, boosted by booming sales and strong demand for British...

UK car industry says full EU deal not possible over two years

    Britain's car industry does not believe the UK will be able to strike a full and comprehensive Brexit deal with the European Union during...

Teva, Ranbaxy settle claims in US over collusion

THE New York Attorney General and the US units of Ranbaxy Laboratories and Teva Pharmaceutical Industries have settled claims that an agreement between the...

Spain’s Gamesa plans major investment in Gujarat

SPAIN’S Gamesa, one of the world’s top wind turbine groups, said today it plans to invest $83m (£51.20m) in new plants in India, which...

Ranbaxy shares dive as it sues FDA over drug row

SHARES of India's Ranbaxy Laboratories slumped over five per cent on Wednesday (November 19) after it announced it had sued the US Food and...