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How Indian companies with large investments in UK could benefit from Brexit

The Brexit deal has fostered the longest winning streak across markets since March

Sukanya Roy New Delhi
Anti Brexit demonstrators protest outside the Houses of Parliament in London

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1 min read Last Updated : Oct 22 2019 | 1:44 PM IST

UK Prime Minister Boris Johnson said Britain and the European Union had agreed on what he calls a great new Brexit deal and urged lawmakers to approve it at the weekend.

Britain and the EU have been racing to renegotiate the Withdrawal Agreement in time for an October 31 Brexit, but the deal still needs approval from parliament.

In an extraordinary Saturday sitting, the first since 1982, parliament will vote on approving Johnson's deal. Britain is due to leave the EU on Oct. 31.

The benchmark indices on Thursday rose by more than a per cent, capping their longest gaining streak in seven months after the European Union (EU) and the UK reached a historic Brexit deal.

How does the new Brexit deal spell good news for Indian companies with large investments in UK? Listen to the podcast to find out

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Topics :BrexitIndian companiesIndia Inc

First Published: Oct 18 2019 | 2:51 PM IST