The finance minister will also attend a reception to be hosted by the Queen at Buckingham Palace in the evening on Monday.
While the UK makes up 3.4 per cent of India's overall exports, it accounts only for less than 2 per cent of India's exports.
Minister of State for Finance Santosh Gangwar said the government is not perturbed by the stray incident of fake 2,000 rupee notes bearing 'Children Bank of India' being dispensed from a State Bank of India ATM in South Delhi's Sangam Vihar.
"As per RBI guidelines, we are not allowed to carry out lending activity. But we are allowed to sell third party financial products like other banks do", MD and CEO of APB Shahshi Arora said.
Tata veteran Mr Chandrasekaran has been elevated to the post as the first non-promoter, non-Parsi and non-shareholder chairman after heading TCS for a decade when the 49-year company grew manifold and become the largest in the country.
A media report had earlier said the Japanese firm was looking to pick up a stake in a Vodafone-Idea merged company, citing four unidentified people aware of developments.
Idea Cellular, which is in talks with Vodafone's Indian unit about a merger, rose 6.22 per cent to be the top gainer among the 51 shares in Nifty.
"The board approved the recommendations of the Nomination and Remuneration Committee for the revision of the remuneration payable to UB Pravin Rao," the IT major said in a BSE filing.
The cancellation of legal tender of 500 and 1,000 rupee notes has led to a slowdown in economic activity that weighed on demand for credit among companies and retail borrowers during the October-December quarter, it said.
Jet Airways will place its marketing code "9W" on Hong Kong Airlines' flights operating between Hong Kong and Okinawa and Tokyo in Japan, Denpasar in Indonesia, Hanoi in Vietnam, Bangkok in Thailand and Auckland in New Zealand.
Chandrasekaran had taken over as Chairman of Tata Sons on February 21, becoming the first non-Parsi Chairman of the $103 billion Tata Group after heading its crown jewel TCS for years.
Indian equities have rallied 9 per cent so far this year and around 13 per cent from the demonetisation lows.
Bharti Airtel and Idea Cellular shares were in high demand during Thursday's session. 12.3 lakh Bharti Airtel shares and 35 lakh Idea Cellular shares had changed hands by late morning.
Shares of Bharti Airtel rose as much as 11.1 percent to their highest since Aug. 13, 2015 after it said it would buy Norwegian Telenor's India unit, in yet another consolidation move driven by upstart rival Jio's disruptive pricing.
Bharti Airtel said on Thursday it will buy Telenor (India) Communications Pvt Ltd, as part of which it will acquire the Norwegian company's operations in six states. It did not disclose financial terms of the deal.
Reliance Industries shares surged 11 per cent at the close on Wednesday, valuing the company at Rs 3.92 lakh crore
Bharti Airtel said that the acquisition will boost its spectrum footprint with the addition of 43.4 MHz spectrum in the 1800 MHz band. The deal is subject to clearance from regulatory agencies.
Apart from IRB Infrastructure and Sterlite Power's proposed offerings, SEBI has four applications for InvITs and one for a REIT from Embassy Office Park.
Telecom stocks were in focus with Bharti Airtel and Idea Cellular surging over 5 per cent.
The offshoring picture is also more complex than official statistics indicate as a shuttered factory in the United States does not always mean a new factory abroad.