India today warned the UK that its IT majors may relocate their business to other European countries, if the British government insists on tough visa rules which affect Indian IT professionals. The issue came up for discussion during the meeting of commerce and industry Minister Anand Sharma with UK secretary of state for business, innovation and skills Vince Cable and the Chancellor of the Exchequer George Osborne. However, Osborne assured Mr. Sharma that the British government has decided not to make any change in the 'intra-company transfers' for the next two years.