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Barclays Mauritius Ltd

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Barclays picks up 4.5% in UTI Bank

Foreign institutional investor Barclays Capital Mauritius Ltd on Tuesday acquired a 4.5 per cent equity stake in UTI Bank for Rs 135 crore (Rs 1.35 billion). This is Barclays' first investment in......

Govt earns huge tax from big corporate deals

As corporate India unlocks value through mega deals, the Union government is smiling all the way to the bank.The government is likely to earn Rs 7,000 crore (Rs 70 billion) tax in the current......

Essar to pay debt with Vodafone cash

The $5 billion cash that Essar would get from Vodafone may seem a windfall. In reality, the amount will be far less.Using its put option in the telecom Vodafone Essar joint venture as collateral,......

More cases of tax evasion in cross border deals

The government said it has identified a few more cross-border merger and acquisition cases, including Barclays-Intelnet deal, for possible tax evasion after slapping Rs 11,000-crore (Rs 110......

Tata Power buys Indonesian cos' pie

Tata Power said on Wednesday completed acquisition of 30 per cent stakes in Indonesian thermal coal producers -- PT Kaltim Prima Coal and PT Arutmin Indonesia, and other related coal trading......

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