Skip to content
Search

Latest Stories

Entrepreneur of the Year Award: Subodh Agrawal

Entrepreneur of the Year Award (supported by Edwardian Hotels London): Subodh Agrawal, founder of Euromax Capital

As founder of Euromax Capital, Subodh Agrawal has over 30 years of experience in making some of the biggest deals around.


Based in London and Dubai, he has worked on behalf of Tata, Reliance, Essar and Jindal, as well as the Alfa Group from Russia and CTCE of China. In 1995, he was the man behind a $1.3 billion reselling of a gas facility brokered between himself, the Government of India and LNG.

As well as being close to former Nigerian president Olusengun Obasenjo, Agrawal is also involved in charity work in the country and has served as director of the Rajasthan Foundation and currently sits on the board of India Centre and India Japan Global Partnership.

More For You

UK petrol and diesel cars ban 2030

German manufacturer Volkswagen welcomed the proposal, calling it "economically sound overall"

Getty Images

UK holds firm on 2030 petrol and diesel cars ban as EU weakens 2035 target

Highlights

  • EU reduces zero-emission requirement from 100 per cent to 90 per cent of new cars sold from 2035 onwards.
  • German carmakers successfully lobbied for changes, citing low electric vehicle demand and potential heavy fines.
  • UK transport experts urge government not to follow EU's lead and maintain its 2030 petrol and diesel ban.

The European Commission has softened its plans to ban new petrol and diesel car sales by 2035, following intense lobbying from carmakers, particularly in Germany.

The UK Government has firmly resisted following the EU's lead. A Department for Transport spokesperson confirmed "We remain committed to phasing out all new non-zero emission car and van sales by 2035."

Keep ReadingShow less