Indian Hotels delists GDRs from London Stock Exchange

Last Updated: Tuesday, June 30, 2015, 16:51

Consequently, the company has also issued a notice to Citibank N.A for termination of the existing depository agreements of the GDRs, it added.

London considers tie-up with Shanghai bourse: report

Last Updated: Friday, June 19, 2015, 17:51

It added that he said such a tie-up would add more complexity to the British bourse's operations, adding it was in talks with regulators, clients, and assets firms to ensure any connection could meet relevant regulatory requirements and conditions.

Indian Hotels to delist GDRs from London Stock Exchange

Last Updated: Thursday, May 21, 2015, 21:26

Tata Group's hospitality arm Indian Hotels Co Ltd, which runs a chain of luxury hotels and resorts under the Taj brand, plans to delist its Global Depository Receipts (GDRs) from London Stock Exchange, two decades after it started trading on the bourse.

Cairn Energy Plc shares tank over 18% on tax notice in India

Last Updated: Wednesday, March 11, 2015, 16:02

Shares of Scottish oil explorer Cairn Energy Plc fell sharply by over 18 percent on the London Stock Exchange after the company yesterday received a tax demand of Rs 10,247 crore (USD 1.6 billion) from Indian authorities.

China giant Fosun takes 5% stake in Thomas Cook

Last Updated: Friday, March 6, 2015, 15:40

Chinese conglomerate Fosun International announced Friday it had bought a five percent stake in UK-based tour operator Thomas Cook in its latest foray into the travel market.

London aims to become Islamic finance hub

Last Updated: Tuesday, October 29, 2013, 21:47

More than 20 UK banks currently offer Islamic financial products, while 49 Islamic bonds -- called sukuks -- with a total value of $34 billion, have been listed over the last five years on the London Stock Exchange.

Britain to become first country to announce Islamic bonds

Last Updated: Tuesday, October 29, 2013, 10:18

Prime Minister David Cameron was on Tuesday to announce a new "Islamic Index" on the London Stock Exchange and reveal plans for Britain to release an Islamic bond.

Volkswagen to de-list from London Stock Exchange

Last Updated: Friday, September 27, 2013, 16:58

Volkswagen announced that it plans to withdraw its shares from trading on the London Stock Exchange from late October.

European stocks fall again on stimulus worries

Last Updated: Wednesday, June 12, 2013, 23:11

Europe`s stock markets mainly closed in the red Wednesday amid persistent concerns about global stimulus, while traders also digested economic data and takeover activity.

Woman jailed in London over al Qaeda magazine

Last Updated: Friday, December 7, 2012, 00:53

The sister of two men convicted of plotting to blow up the London Stock Exchange has been jailed for 12 months for possessing copies of the al Qaeda magazine Inspire.

Essar Energy shares surge on London Stock Exchange through new key projects

Last Updated: Saturday, October 20, 2012, 19:19

Essar, whose shares have underperformed European utilities by 27 percent this year, rebounded 1¼p to 132¼p as Morgan Stanley told clients to buy with a 170p target.