Posted by Canasiantimes on March 20, 2014 in Business | Comments Off Vodafone has agreed to buy Spanish cable operator Ono for 7.2bn euros ($10bn; £6bn), in deal aimed at expanding its interests in Europe. Ono, which is private equity-owned, offers cable TV and internet services and has 1.9 million customers in
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Indian-origin ‘chicken king’ may cut thousands of jobs in UK
Posted by Canasiantimes on February 28, 2014 in Business | Comments Off British-Indian businessman Ranji Boparan, known as the “chicken king”, is set to axe around 1,800 jobs in the UK as part of a major restructuring of his food business empire. The Birmingham-based tycoon, known for his mega poultry-focused company ’2
World Bank finds no key reforms by India
At a time when the Indian PM Narendra Modi administration is keen on improving India’s rankings in World Bank’s `Ease of Doing Business’, it has received a setback with the multilateral body finding few instances of “major reforms” undertaken by the government. Team from the World Bank has found that there