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    Indian pharma firm acquires UK’s Actavis to beat Brexit gloom

    2018-09-27T13:17:50+00:00October 19th, 2016|2016, India-UK, October 2016, Year|

    Beats Mylan, Novartis, Torrent, Aurobindo to the post. Promoter says hungry for more

    Almost inarguably, October 5th 2016, a Wednesday was the biggest day in the life of 53 year old Binish Hasmukh Chudgar, the highly low profile vice chairman of Ahmedabad based Intas Pharmaceuticals. That day in central London, Intas snapped up Israeli generic drug maker Teva’s assets in UK and Ireland—Actavis UK Ltd and Actavis Ireland Ltd—in a record $ 764 million deal (Rs 5083 crore) out muscling bigger global rivals like Mylan and Novartis or domestic competition like Aurobindo pharma and Torrent Pharmaceuticals in a bidding process that lasted over 6 months.

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      Brexit a huge opportunity for new India-UK deal

      2018-09-27T13:12:59+00:00October 18th, 2016|2016, India-UK, October 2016, Year|

      Shailesh Vara MP was elected to the British Parliament in 2005 and has held a number of senior positions, including former justice minister and former work and pensions minister. Prime Minister Theresa May recently appointed him co-chairman of Conservative Friends of India (CFI) alongside Ranjit Singh Baxi. ‘India Global Business’ caught up with him to discuss his priorities in a new post-Brexit scenario.

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        India comes to grips with creating world-class universities

        2018-10-31T14:24:06+00:00October 18th, 2016|2016, India-EU, India-UK, October 2016, Special Edition - November 2016, Year|

        Indian universities have had the dubious distinction of lagging far behind on global rankings for decades. However, this year marked a significant shift, with a record 31 making the grade in the definitive ‘Times Higher Education World University Rankings’ for 2016. ‘India Global Business’ looks into what is behind India being branded the “star” of South Asia this year. The Indian Parliament had recently passed the Institutes of Technology (Amendment) Bill 2016, which is hoped to mark a watershed moment [...]

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          Post-Brexit UK has much to gain from Indian job creation

          2018-09-27T13:14:08+00:00October 18th, 2016|2016, India-UK, October 2016, Year|

          ‘India Global Business’ reviews India’s growing investment interests in the UK as the second-largest job creator for the country. Official UK government statistics for 2015-2016 reveal India’s firm hold among the top three source markets for foreign direct investment (FDI) into the UK.

          With the shadow of Brexit hanging over India-UK ties, the latest figures for Indian investment into Britain paint a fairly promising foundation for the UK to build on. As the country negotiates its terms of exit from the European Union (EU) and seeks to strike out stronger partnerships with other economies, there are clear reasons...

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            India puts all its energy behind going green

            2018-10-31T14:21:06+00:00October 17th, 2016|2016, India-UK, October 2016, Sector Focus/Renewables, Special Edition - November 2016, Year|

            India’s state owned energy major, NTPC, recently celebrated its Green Masala Bond listing at London Stock Exchange (LSE), raising $300 million – double the initial target set. ‘India Global Business’ caught up with Kulamani Biswal, finance director of the company, in London to explore what lies behind this first ever Indian quasi sovereign’s Masala Bond issuance, the proceeds from which will be invested in the renewable energy market in India. What does this first Green Masala Bond at the London Stock Exchange mean [...]

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