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Business News 2015
Business News ->
CII collaborates with Cloudbuy to launch an SME ecommerce platform
CII collaborates with Cloudbuy to launch an SME ecommerce platform The Confederation of Indian Industry (CII) UK has teamed up with Cloudbuy to launch an e-commerce gateway to global supply chains' powered by cloudBuy's e-marketplace software. It is currently in the registration phase for CII members via www.ciitrade.in and has been developed to strengthen India-UK SME cooperation. To mark the launch Shuchita Sonalika, CII Director and Country Head UK, and Cloudbuy invited guests to a small networking reception on Thursday, 30 April at 6 pm at Cannon Place in London. read more


Fast growth Indian companies boost UK economy
HE Ranjan Mathai, Indian High Commissioner The Indian High Commissioner Shri Ranjan Mathai launched the second edition of the India Tracker which demonstrates that Indian companies continue to play an important role in the UK economy. Developed by Grant Thornton in collaboration with the CII, the Tracker, which monitors fast-growth Indian businesses operating in the UK, shows that these businesses combined turnover has increased by £3billion in the last year, up from £19billion in 2014 to £22billion in 2015. read more
Auden Mckenzie directors recognised at the Asian Business Awards2015
Auden Mckenzie directors recognised at the Asian Business Awards2015 The Rt Hon Theresa May MP celebrated Asian entrepreneurship at the Asian Business Awards ceremony on 28th March 2015 - the awards honoured outstanding business achievements and unveiled the UK's wealthiest Asians. Among those honoured were Amit Patel and Meeta Patel of Auden Mckenzie (pictured left) who jointly won the Entrepreneur of the Year award and Jasminder Singh, Chairman of Edwardian Group who was honoured with the Asian Business of the Year Award. read more
Transferwise launches in New York City with 200 naked customers!
Transferwise launches in New York City with 200 naked customers!Yesterday, in arctic conditions TransferWise officially launched in New York City with 200 TransferWisers protesting on Wall Street by taking their clothes off to show the banks the company has nothing to hide. The money transfer service fans claimed they got naked in the "the name of transparency. You see, banks hide a lot. Especially their fees. It's time for a new world of finance. The #Nothing2Hide revolution has arrived." TransferWise is a UK-based peer-to-peer money transfer service launched in January 2011. read more
Women entrepreneurs are untapped talent says report by Lorely Burt MP
Women entrepreneurs are untapped talent says report by Lorely Burt MPWomen entrepreneurs could play a bigger role in the UK economy, creating jobs and boosting growth as well as reducing gender inequality, according to the findings of a report published today (16th February 2015). Business Secretary Vince Cable's women in enterprise champion, Lorely Burt MP, published the report, 'Inclusive Support for Women in Enterprise', which found that although the number of female-run SME businesses has increased, there is still more to be done to close the gender gap between men and women. read more
The Prime Minister and Chancellor welcome launch of Tech Nation
The Prime Minister and Chancellor welcome launch of Tech NationThe Prime Minister and Chancellor welcomed the launch of Tech Nation, the first comprehensive analysis of the UK's digital technology 'clusters'. The project has been developed and curated by Tech City UK, the government backed organisation focused on the UK's digital economy, in partnership with DueDil. Tech Nation's analysis shows that the UK's tech clusters are driving economic growth nationally and that the growth of digital businesses reaches far beyond the capital. read more
 Actavis to Acquire Amit & Meeta Patel's Auden Mckenzie for 306M
Actavis to Acquire Amit & Meeta Patel's Auden Mckenzie for £306MActavis plc a global specialty pharmaceutical company is to buy Auden Mckenzie, founded by brother and sister duo Amit and Meeta Patel, for approximately £306 million in cash, plus a two-year royalty on a percentage of gross profits of one of Auden Mckenzie's products. Auden McKenzie is a fast growing company focused on the development, licensing and marketing of niche generic medicines and proprietary brands in the UK. read more
UKTI hosts 10th Annual JETCO meeting in London
UKTI hosts 10th Annual JETCO meeting in London The Rt Hon Dr Vince Cable, UK Secretary of State for Business, Innovation and Skills, hosted the tenth the UK - India Joint Economic and Trade Committee (JETCO) on Monday, 19th January 2015 at One George Street in London. The chief guest was Nirmala Sitharaman, Indian Minister of State for Commerce and Industry and speakers included Rt Hon Patricia Hewitt, Chair UK India Business Council and UKTI Managing Director Nick Archer, among others. read more
UK Business News 2015

CII collaborates with Cloudbuy to launch an SME ecommerce platform (04/15)
Fast growth Indian companies boost UK economy (04/15)
Auden Mckenzie directors recognised at the Asian Business Awards2015 (03/15)
Transferwise launches in New York City with 200 naked customers! (02/15)
Women entrepreneurs are untapped talent says report by Lorely Burt MP (02/15)
The Prime Minister and Chancellor welcome launch of Tech Nation (02/15)
Actavis to Acquire Amit & Meeta Patel's Auden Mckenzie for 306M (01/15)
UKTI hosts 10th Annual JETCO meeting in London (01/15)

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