Akshay, Sonakshi Too Busy to Celebrate
Jun 19, 2014
Fishing in Tamarin Bay in Mauritius
May 20, 2014
Friday July 25, 2014
Introduced in 2012, the General Anti-Avoidance Rules (GAAR), were aimed at companies routing money through tax havens such as Mauritius, but implementation was delayed after an uproar from investors who feared harassment from tax authorities.
Thursday July 24, 2014
The Foreign Investment Promotion Board (FIPB) has cleared 19 FDI proposals including that of Walt Disney Company and Reckitt Benckiser (India) entailing total investments of Rs 2,326.72 crore.
Tuesday July 1, 2014
Suspecting illicit insider trading and market manipulation through misuse of the 'participatory note' route, the Securities and Exchange Board of India (Sebi) is probing a possible nexus between promoters of listed companies, investment bankers and f...
Monday June 30, 2014
The country's largest private sector lender ICICI Bank said on Monday it plans to open branches in Australia, South Africa and Mauritius.
Monday June 30, 2014
Citigroup Global Markets Mauritius Pvt Ltd bought 4 million shares in the company or about 0.96 per cent of the equity, in a block deal on Friday, exchange data showed.
Sunday June 22, 2014
After delisting Essar Energy plc from London Stock Exchange (LSE), the Ruia brothers-controlled Essar Group on June 20 had announced its intention to delist Essar Oil from Indian bourses.
India | Press Trust of India | Sunday June 22, 2014
In tune with its initiative to improve ties with neighbours, the Narendra Modi government has invited heads of Indian missions in these countries including China and Pakistan for a day-long conclave in New Delhi on Monday. The move is aimed at charti...
Saturday June 21, 2014
MV SCIF Mauritius, part of US-based asset management company Van Eck Associates Corporation, on Friday picked up over 2 crore shares in six companies, including Unitech, Tata Elxsi, MTNL and Gitanjali Gems for an estimated amount of Rs 122.54 crore t...
Thursday June 12, 2014
Ace investor Rakesh Jhunjhunwala on Thursday picked up 1 crore shares in Edelweiss Financial Services for an estimated Rs 55 crore through open market.
Sunday June 8, 2014
In what is emerging as the biggest insider trading probe in India, the Securities and Exchange Board of India (Sebi) the country's capital market watchdog - may seek help from its peers in foreign countries, including Hong Kong, Singapore and Mauri...
Thursday June 5, 2014
Unearthing a major insider trading case in shares of L&T Finance, capital market regulator Securities and Exchange Board of India (Sebi) on Thursday barred a Cayman Islands-based hedge fund from the Indian securities markets.
Tuesday May 27, 2014
Seeking to allay apprehensions about Mauritius being used for money laundering activities, its Indian-origin Prime Minister Navin Ramgoolam today said the island nation has decided to provide automatic exchange of tax-related information with India.
Sunday May 25, 2014
Singapore has replaced Mauritius as the top source of foreign direct investment (FDI) into India, accounting for about 25 per cent of FDI inflows in 2013-14.
Tuesday May 20, 2014
The government has cleared 10 foreign direct investment (FDI) proposals totaling Rs 139.95 crore, including the ones by Equitas Holding and Ambit Pragma Fund II.
Sunday May 11, 2014
According to an expert, investors are apprehensive that they may lose the tax benefit after introduction of GAAR (General Anti Avoidance Rules) provision.
Saturday May 3, 2014
SKS Microfinance on Friday said it will cease to treat a few entities, including Vikram Akula and Sequoia Capital India Growth Investments, as its promoters.
Sunday April 27, 2014
Air India is considering selling off its properties in foreign destinations like Hong Kong, Nairobi and Mauritius as part of asset monetisation to garner resources, according to airline officials.
Tuesday April 22, 2014
French engineering, procurement and construction (EPC) major in oil sector Technip on Tuesday said it has decided to divest a majority of its stake in Seamec to HAL Offshore for up to Rs 246.62 crore.
Wednesday April 16, 2014
The Securities and Exchange Board of India (Sebi) is probing at least three large global banks and many Indian companies for alleged round tripping of funds by way of multi-layered transactions, according to sources.
Sunday April 13, 2014
Foreign direct investment inflows from Mauritius have almost halved during April-January period of last fiscal year to $4.11 billion on fears of impact of the General Anti Avoidance Rules (GAAR) and possible re-negotiation of the tax avoidance treaty...