Financial Services Commission Of Mauritius

Financial Services Commission of Mauritius on Tuesday said the offshore fund at the heart of the conflict of interest allegation Hindenburg Research levelled against Sebi chief is not domiciled in the Island nation.

The Financial Services Commission, the Mauritian equivalent of SEBI, has said it has not found any breach of law by the 38 global companies and 11 funds associated with the Adani Group.

South Africa-based financial services firm Sanlam Ltd has received approval of the Competition Commission of India (CCI) to acquire a 23 per cent stake each in two Shriram Group insurance firms.

Often accused of being a conduit for black money to and from India, Mauritius has said it is "extra careful" when dealing with fund flows involving Indian entities, as compared to those from other countries.

Financial Services Commission of Mauritius on Tuesday said the offshore fund at the heart of the conflict of interest allegation Hindenburg Research levelled against Sebi chief is not domiciled in the Island nation.

The Financial Services Commission, the Mauritian equivalent of SEBI, has said it has not found any breach of law by the 38 global companies and 11 funds associated with the Adani Group.

South Africa-based financial services firm Sanlam Ltd has received approval of the Competition Commission of India (CCI) to acquire a 23 per cent stake each in two Shriram Group insurance firms.

Often accused of being a conduit for black money to and from India, Mauritius has said it is "extra careful" when dealing with fund flows involving Indian entities, as compared to those from other countries.