Starmer to visit India on October 8-9 for talks with PM Modi
The 10-year roadmap focuses on key areas including trade and investment, technology and innovation, defence and security, climate and energy, health, education, and people-to-people relations.
Starmer and Modi shake hands during a bilateral meeting in the sidelines of the G20 summit at the Museum of Modern Art in Rio de Janeiro, Brazil Brazil, on November 18, 2024. (Photo: Getty Images)
Vivek Mishra works as an Assistant Editor with Eastern Eye and has over 13 years of experience in journalism. His areas of interest include politics, international affairs, current events, and sports. With a background in newsroom operations and editorial planning, he has reported and edited stories on major national and global developments.
Keir Starmer to visit India on October 8-9 for first official trip as prime minister.
Starmer and Modi to review India-UK Comprehensive Strategic Partnership and roadmap ‘Vision 2035’.
Leaders to discuss trade, technology, defence, climate, and economic cooperation under CETA.
Visit follows Modi’s July 2025 UK trip where India and UK signed free trade agreement.
PRIME MINISTER Keir Starmer will make his first official visit to India on October 8-9 at the invitation of prime minister Narendra Modi, the Ministry of External Affairs (MEA) announced on Saturday.
The MEA said that on October 9 in Mumbai, the two prime ministers will review progress in various areas of the India-UK Comprehensive Strategic Partnership in line with ‘Vision 2035’.
The 10-year roadmap focuses on key areas including trade and investment, technology and innovation, defence and security, climate and energy, health, education, and people-to-people relations.
Both leaders will also meet business and industry representatives to discuss opportunities under the India-UK Comprehensive Economic and Trade Agreement (CETA), described by MEA as a central pillar of the future India-UK economic partnership. The ministry said Starmer and Modi “will also exchange views on issues of regional and global importance.”
The two prime ministers will attend the sixth edition of the Global Fintech Fest in Mumbai and deliver keynote addresses. They will also engage with industry experts, policymakers, and innovators.
The visit will build on the momentum generated by Prime Minister Modi’s visit to the UK on July 23-24, 2025, and will provide an opportunity to reaffirm the shared vision of India and the United Kingdom to build a forward-looking partnership, according to MEA.
Britain and India signed a free trade agreement in July during Modi’s visit to the UK.
The deal, signed in the presence of Modi and Starmer, aims to reduce tariffs on goods such as textiles, whisky, and cars, and expand market access for businesses.
The agreement was officially signed by India’s minister of commerce and industry, Piyush Goyal, and the UK secretary of state for business and trade, Jonathan Reynolds, India's Ministry of Fisheries, Animal Husbandry & Dairying said in a release.
CETA provides zero-duty access on 99 per cent of tariff lines and opens up several key service sectors.
For the marine sector, the agreement removes import tariffs on a range of seafood products, enhancing the competitiveness of Indian exporters in the UK market.
The agreement is expected to benefit exports of shrimp, frozen fish, and value-added marine products, along with labour-intensive sectors such as textiles, leather, and gems and jewellery.
India’s main seafood exports to the UK include Vannamei shrimp (Litopenaeus vannamei), frozen squid, lobsters, frozen pomfret, and black tiger shrimp. These products are expected to gain further market share under CETA’s duty-free access.
Under the agreement, all fish and fisheries commodities listed under the UK tariff schedule categories marked ‘A’ now enjoy 100 per cent duty-free access from the date the agreement comes into force.
Côte Restaurant Group has been acquired by the Karali Group, a family-owned franchise business led by Salim and Karim Janmohamed.
The sale comes a month after Côte’s private equity owner, Partners Group, was reported to be considering injecting new capital into the business rather than pursuing a sale, according to The Caterer.
Discussions over a potential sale began during the summer when advisers were appointed to explore future options for the casual dining brand.
Following the acquisition, Côte chief executive Emma Dinnis said: “I am proud to have led the brilliant Côte team to a sale that is a huge positive for all involved. The sector continues to face challenges, but with the strength of our people and a clear vision, I’m confident we’ll ensure Côte remains everyone’s favourite brasserie. With a delicious new menu amplifying what we do best and exciting plans for the future, we will continue to transform and grow this brand.”
Karim and Salim Janmohamed said, as reported by The Caterer: “We have long admired the much-loved Côte Brasserie and are thrilled to welcome this fantastic brand into our growing portfolio. We are looking forward to working with both management and the broader team on the exciting plans for the brand and welcome them all individually to the Karali family. We extend our gratitude to our trusted advisors from Freeths and PKF Smith Cooper.”
Karali Group operates across the quick-service restaurant, casual dining and café sectors.
It was previously the largest UK franchisee of Burger King before exiting all 74 sites in 2022. Last year, it became the UK’s largest Taco Bell operator after purchasing 46 restaurants from a single franchisee.
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FILE PHOTO: A court drawing made by Jesper Andkjaer shows British businessman Sanjay Shah during a constitutional hearing at the Glostrup Court in Glostrup, Denmark, on December 7, 2023. (Photo by JESPER ANDKJAER/Ritzau Scanpix/AFP via Getty Images)
DENMARK has lost a landmark £1.4 billion tax fraud case at London’s High Court, in a ruling that placed the spotlight once again on Asian financier Sanjay Shah, the man once described as the “mastermind” of complex dividend schemes that cost European governments billions.
Shah, a British Indian trader and hedge fund manager, was the most prominent name in the eight-year legal battle brought by Denmark’s tax authority, Skatteforvaltningen (Skat).
At the centre was his company, Solo Capital Partners, which played a major role in so-called cum-ex schemes – a method of exploiting tax loopholes to generate multiple refunds of dividend taxes that had only been paid once.
Justice Andrew Baker, delivering his decision after an 18-month trial, said Skat had not proved that it was deceived into paying out the refunds. He was scathing about Shah’s evidence, calling him “not a trustworthy individual” who gave “implausible claims and obvious lies”.
“I do not consider it safe, in general, to treat anything Shah says for himself or about the Danish dividend tax refund factory he created as reliable evidence of fact,” the judge said.
Despite those words, the court found the Danish tax authority’s controls were “so flimsy as to be almost non-existent”. Of 4,170 refund claims examined between 2012 and 2015, none were valid under Danish law – yet all could have been rejected if proper checks had been in place.
Born to Indian parents and raised in London, Shah founded Solo Capital in 2009, building it into a hedge fund known for high-risk, high-reward strategies. By the early 2010s, it had become a key player in refining cum-ex trades, focusing particularly on Denmark.
In 2016, amid growing scrutiny, Solo Capital was shut down. Shah moved to Dubai, where he lived in luxury until Danish prosecutors secured his extradition in 2023. A year later, he was convicted of fraud in Denmark and handed the country’s toughest sentence in such a case.
The London ruling represents a major setback for Denmark, which had sought to recover billions through the English courts. “We strongly disagree with the premises of the judgment and are now seeking to appeal it,” the Danish government said in a statement.
The case, originally involving over 100 defendants, has been one of the most expensive civil proceedings ever brought in Britain. Legal sources suggest costs could reach hundreds of millions of pounds.
The court also cleared Jas Bains, a British lawyer of Indian heritage who worked at Solo Capital from 2010 to 2013. Bains later turned whistleblower, warning Danish authorities about the volume of trades. He said the long legal fight had cost him eight years of his life.
“I’m grateful to the justice system for exonerating me,” Bains told the BBC.
For Sanjay Shah, the judgment underlines his notoriety. Though Denmark failed in London, his name is now firmly associated with one of Europe’s biggest financial scandals. For many, the case highlights not only individual greed, but also the systemic failings that allowed billions to flow out of public coffers unchecked.
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Compere Nihal Arthanayake hosts a masterclass with Tony Matharu (right) at the Eastern Eye Property Awards last Thursday (25).
A TOP London hotelier has said integrity forms the foundation of his work, stressing the importance of strong moral principles in guiding business decisions.
At the Eastern Eye Property Awards last Thursday (25), Tony Matharu revealed that success comes from staying true to values, taking calculated risks, and seeing opportunities where others see obstacles.
He also spoke about the importance of London to the country’s economy and the difference between first- and secondgeneration entrepreneurs.
Matharu, founder and chairman of Integrity International Group, won the top honour at the annual awards ceremony in London last week.
The British Asian entrepreneur, whose firm acquired some of London’s iconic buildings, said during a masterclass, “If you are true to yourself and true to others, you don’t compromise. You hold on to your moral philosophy. That is integrity.
“You can be flexible in different aspects of your life, but your moral principles should remain steadfast.
“Your values should stay with you – they are your guiding light. It’s not easy to attain, but it is essential. That is why calling my company Integrity International carries great responsibility.
“If everyone in your group, employees, associates, suppliers, understands that, you create a better world.”
Reflecting on his upbringing, Matharu said, “Your domestic environment, school, university, work — all shape your thinking as you age. The early years are critical, and a mother plays a significant part in that.
“My mother instilled values that stick with me to this day. We were like many Asian families. I was born in the UK, but my parents came from Kenya. My father was an engineer and hoped we would choose professions like medicine, law, and accountancy. My mother was more entrepreneurial. We didn’t have a family business, so I guess that inspired me to start one.”
Asked what values are needed both to recognise the potential and to have the courage to commit to ambitious projects, Matharu said, “First and second‑generation immigrants often have a different set of priorities. Typically, particularly for first‑generation immigrants, they are not surrounded by a protective support network from the local population.
“If they are going to succeed, they have to do it themselves. They live and die by their performance and how others view their work, and their achievements are self‑made. This, I believe, gives them resilience and the ability to overcome obstacles and challenges that perhaps third‑ and fourth‑generation immigrants or indigenous populations do not experience.
“It also becomes part of their outlook to look for opportunities. That process requires courage, sacrifice, investment and a willingness to back yourself to bring an idea to fruition.
“Not everybody takes such risks. They have been prepared to fail, sometimes have failed, but got up and tried again. That, I believe, is the essence of these kinds of property acquisitions.”
The businessman added, “You need courage and a feasible plan. You must assess whether there is value to be obtained through investment, secure the right planning permissions, overcome challenges, and seize the opportunity. But above all, you must be prepared to invest time, effort, travel, and money to achieve success.”
Matharu said he “owes a lot to London” as he started and grew his business in the city.
He said, “I think younger people today might have a different view. Particularly after Covid, there is a lot of anxiety about where the world is heading and whether the capital city is fulfilling its potential.
“Yet, London still has the foundation of something exceptional, much like a heritage building that holds all the greatest qualities you might want. It offers culture, heritage, the arts, education, strong systems, and the rule of law, along with opportunities for personal growth.
“Many Londoners in this room would have taken advantage of these opportunities, but it is becoming increasingly difficult. Political choices have, in effect, treated London as though it should be diminished or ignored. That is no longer part of the public discourse, and I think this is dangerous. London and the southeast are the only two areas in the country that contribute more to the Treasury than they receive.
“In purely economic terms, London is the beating heart of the British economy.” He added, “Beyond economics, London’s diversity and the opportunities it offers for visitors and workers alike are unmatched in any city I have been to. It remains a place where obstacles to progression can be removed, allowing people to thrive. Long live London — we must retain it, enhance it, improve it, and restore its vitality. This is the purpose behind the Central London Alliance.
Matharu recalled how the CLA was created to fill a gap.
“In the post‑Covid lockdown world, no one was speaking up for London. In response, I set up this community interest company. Initially, I thought we would need just 50 supporters to join forces to promote London and encourage people to return to workplaces, theatres, green spaces, and cultural life.
“Six years later, the alliance has grown to over 20,000 members, and it continues to connect people and businesses. We now host events such as the London Sports Festival and fashion shows in iconic locations, driving footfall and global attention to London’s heritage.”
Matharu also shared his views on the balance between instinct and data.
The experienced entrepreneur said, “When it comes to decision‑making, I am a strong believer in instinct. It does not come from nowhere - it comes from years of observing, listening and learning. You might not be able to immediately explain why something feels right, but experience tells you when an opportunity has value.”
He cited examples from sport and business where instinct guided success, stressing its continuing importance even in a world which is not embracing artificial intelligence (AI).
Matharu expressed caution about AI, stressing that “intelligence left on its own can be dangerous” and arguing for moral constraints on its use.
He recalled a Cambridge University initiative combining mathematics, theology and computing to explore the ethics of AI, suggesting that moral frameworks should guide its development. Matharu also stressed the need for “integrity and honesty” in political decision‑making. He argued that economic growth should underpin public spending across the country, not just London.
“The good of the country comes from good economic conditions,” he said.
“We need to ensure policies encourage investment, growth and jobs, not disincentivise them.”
Matharu pointed to recent measures affecting the property sector, particularly the removal of business property tax relief, as damaging to long‑term investment.
“This tax disincentivises growth,” he said. “Many family businesses face a heavy tax burden on succession, forcing them to sell or close. That harms employment and reduces investment.” He warned that such measures erode confidence and could undermine the property market and wider economy.
Matharu also reflected on what keeps him awake at night. “It’s the obstacles that stand in the way of long‑term investment and legacy,” he said. “If policies undermine that, it questions the worth of years of hard work and risks. We must encourage those who create value, rather than penalise them.”
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Tony Matharu, Integrity International Group. Shailesh Solanki, Summix founding partner Niamh O’Connor, Integrity International Group founder Tony Matharu and Kalpesh Solanki
AN INFLUENTIAL London hotelier won the top prize at the annual Eastern Eye Property Awards in London last Thursday (25)night
Tony Matharu is the founder and chairman of Integrity International Group, which has acquired some of London’s most iconic buildings, among them Atlas House near the Guildhall, the Crescent Buildings in Tower Hill and 55 Broadway and Albany House.
OakNorth. Shailesh Solanki, Giorgio Antonio of Aceto, Priya Chauhan, Adam Hunt, councillor Rohitkumar Dasgupta and Kalpesh Solanki
Matharu was named Eastern Eye’s property developer of the year, with nine other winners across different categories also collecting prizes.
SBI-UK. Shailesh Solanki, Abhishek Sahay of SBI, Sakuntala Sanyal of SBI, Kalpesh Solanki and councillor Ajmal Akram
The Asian entrepreneur was praised for his business achievements as well as his philanthropic endeavours and sport and community initiatives.
In all, 10 prizes were presented at the event at Park Plaza, Riverbank, hosted by the Asian Media Group, publishers of Eastern Eye and Garavi Gujaratnews weeklies.
Now in their second year, the awards celebrate and recognise key players in the property industry – from developers and financial lenders to interior designers and technology disruptors.
Matharu also took part in a masterclass with compere Nihal Arthanayake and discussed his views on the economy and his journey as a serial entrepreneur.
Gupta, Property Hub Limited. (From left) Shailesh Solanki; Sachinkumar Gupta, director at Property Hub Limited; and Kalpesh Solanki
Baroness Taylor of Stevenage, parliamentary under-secretary of state at the Ministry of Housing, Communities and Local Government, was the chief guest.
Local Government, was the chief guest. In her remarks, she paid tribute to business leaders whose work she said “has been absolutely vital in rebuilding Britain”.
Lord Tariq Ahmad
The minister noted how the Labour government was committed to delivering 1.5 million homes this parliament and said, “I don’t underestimate how challenging that target is going to be. We can’t do that unless we work in partnership with the housing industry, from the constructors, to the planners, from the financial institutions to property agents and from architects to interior designers, you are all part of this mission, and we cannot deliver without you.
Amit Bhatia address guests at the event
She noted the government’s commitment to funding for infrastructure and skills training for construction workers.
“Many of you in the construction industry tell me that skills is a real issue, so I hope this will help, and the new training will tackle the skill shortages and inspire the next generation into the construction sector.
Manni Chopra, Chopra Property Group. Shailesh Solanki, councillor Saqib Butt, Chopra Property Group director Manni Chopra and Kalpesh Solanki
“I want my grandchildren to see construction as a real, positive way forward, and I think we all have a duty to inspire that generation,” Baroness Taylor said.
Shailesh Solanki, Oraanj Interior Design founder and CEO Rachana Gupta and Kalpesh Solanki
Former Foreign and Commonwealth Development Office minister Lord Ahmad noted how property ownership “very much is within the British Asian DNA”. He said, “British Asian developers have contributed to building communities. They’ve built futures.”
The Eastern Eye Property Awards were held in association with Summix.
Valos. Shailesh Solanki, Valos co-founders Rob Davis and Alex Kountourides, and Kalpesh Solanki
Co-founder Amit Bhatia described how the firm works with some of the largest house builders in the country, as well as student accommodation developers and hoteliers.
“We’re very proud of what we’ve done over the past 17 years. We’ve delivered in excess of 6,500 new homes to the country. Our pipeline is successful to deliver another close to 20,000 new homes,” Bhatia said.
Prideview Group. Shailesh Solanki, Priyen Patel and Vishal Patel of Prideview Group, and Kalpesh Solanki
He added, “There’s massive potential in the country. There’s great interest in the country to do great things, but we just need a little bit of help, a bit of clarity, bit of deregulation.”
Aldermore Bank. Shailesh Solanki, Aldermore Bank national account manager Stephen Wright and Kalpesh Solanki
Among other winners were OakNorth, named Eastern Eye bank of the year.
Since its launch in 2015, it has lent more than $16 billion (£11.9bn) to scaleups, and been instrumental in creating 56,000 jobs and helping build 34,000 new homes across the UK and US, the majority in affordable and social housing. OakNorth was co-founded by Asian businessman Rishi Khosla and Joel Perlman.
Guests at the Eastern Eye Property Awards in London last Thursday (25)
Prideview Group, which successfully competed 76 high value transactions in 2024, won Eastern Eye advisor of the year. Its deals in the London region were estimated to be worth £250 million.
One of India’s leading banks scooped the prize for Eastern Eye commercial lender of the year.
State Bank of India UK, with 11 branches across the country, works with its clients on serving their commercial property financing requirements.
The Eastern Eye rising star award went to Sachinkumar Gupta, director of Property Hub Limited, for building on his previous travel enterprise and diversifying to serve them with property-related services.
Oraanj Interior Design, which has transformed homes, offices, restaurants and hotels, won Eastern Eye Interior Designer of the Year.
Founder Rachana Gupta’s company offers clients a range of services, from space planning to custom furniture and landscape design.
Manni Chopra of the Chopra Property Group scooped the Eastern Eye property entrepreneur of the year award.
Along with her husband, Romey, she runs The Chopra Property Group, finding unloved properties and carefully executing conversions and developments using their own and private investor funds.
Other winners were Paresh Raja of Market Financial Solutions, who won the Eastern Eye Award for disruptor of the year, Valos, named Eastern Eye technology company of the year and Aldermore Bank, which won the Eastern Eye Specialist Lender Award.
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FILE PHOTO: Ashwini Vaishnaw. (Photo by TAUSEEF MUSTAFA/AFP via Getty Images)
Modi’s ministers promote Indian apps like Zoho and MapmyIndia over global rivals
Push comes after US imposed 50 per cent tariffs on Indian imports in August
Vaishnaw showcased swadeshi tools in a highway project presentation
His Zoho demo on X gained 6.2 million views, boosting local tech visibility
THREE cabinet colleagues of Indian prime minister Narendra Modi are promoting use of apps by domestic rivals to Google Maps, WhatsApp and Microsoft, in the strongest backing yet for "Made in India" products amid trade tension with the US.
While many industry executives have made public calls to support Indian products, Modi made a direct appeal last month for Indians to scrap daily use of foreign goods.
Information technology minister Ashwini Vaishnaw gave a media presentation on highway projects this week he said was put together employing Zoho, a domestic rival to Microsoft's PowerPoint, and without use of Google Maps.
"The map is from MapmyIndia, not Google Maps," the minister said with a smile, referring to an Indian provider. "It's looking nice, right? Swadeshi."
Last week, Vaishnaw made a video clip testing Zoho software and asked people to adopt indigenous products in a post on X that drew 6.2 million views.
American brands are everywhere in India, and they are seen as an aspirational upgrade by millions.
While government and private offices use Microsoft products, many travellers rely on Google Maps to find their way about, and WhatsApp counts India as its biggest market, with more than 500 million users.
The three US companies did not respond to Reuters requests for comment.
Zoho offers cheaper alternatives to cloud-based software tools made by Microsoft. The Indian firm's billionaire co-founder, Sridhar Vembu, is famed for an unconventional approach of locating business operations in rural villages.
The firm's messaging app, Arattai, or "chat" in India's southern Tamil language, has gained sudden popularity, thanks to the efforts of commerce minister Piyush Goyal and education minister Dharmendra Pradhan.
"So proud to be on @Arattai, a #MadeInIndia messaging platform that brings India closer," Goyal said in an X post this week.
There were more than 400,000 downloads of the app last month, compared to fewer than 10,000 in August, data from market intelligence firm Sensor Tower shows. Its daily active users crossed 100,000 on September 26, an increase of 100 per cent on the day.
Indian companies find it difficult to replace global brands, since they often cannot match their financial clout and reach.
In 2021, Indian ministers promoted X-like social media platform Koo amid compliance-related disagreements with the American platform. But the Indian company shut last year for lack of funding.
"Only state patronage will not be enough," warned Dilip Cherian, a co-founder of Indian public relations firm Perfect Relations.
"What brands like Zoho need to succeed is a unique differentiating factor, deep pockets and strong protection against survelliance."