News for 'India Mauritius'

Satwik-Chirag duo ready to dominate BWF Worlds

Satwik-Chirag duo ready to dominate BWF Worlds

Rediff.com10 Aug 2023

Sindhu is the only Indian to feature in the women's singles competition.

Walmart-Flipkart deal: What will be Tiger Global's tax liability?

Walmart-Flipkart deal: What will be Tiger Global's tax liability?

Rediff.com14 May 2018

Taxing SoftBank, the largest shareholder in Flipkart with a little over 20 per cent stake, however, will be easier.

Pannun 'Plot': 'Biden has received a wake up call'

Pannun 'Plot': 'Biden has received a wake up call'

Rediff.com4 Dec 2023

'US officials must grapple with the possibility that one of its closest partners attempted an extrajudicial killing on its soil.' 'This is not something that friends typically do to friends.'

New SC plea says Adani probe panel members have conflict of interest

New SC plea says Adani probe panel members have conflict of interest

Rediff.com18 Sep 2023

An expert committee, set up by the Supreme Court to probe allegations against the Adani group following a bombshell report from a US short seller, has members with potential conflict of interest, a fresh petition filed in the apex court on Monday said.

Ukraine war an important point of discussion at G20 FMs' meet: India

Ukraine war an important point of discussion at G20 FMs' meet: India

Rediff.com1 Mar 2023

Foreign Secretary Vinay Kwatra on Wednesday refused to speculate on whether the G20 foreign ministers' meeting would be able to come out with a joint communique against the backdrop of widening differences between the West and Russia on the Ukraine conflict.

CWG 2022: How India fared on Saturday, August 6

CWG 2022: How India fared on Saturday, August 6

Rediff.com7 Aug 2022

Indian athletes' performance on Day 9 of the Commonwealth Games.

Aditya L1 completes 3rd earth-bound manoeuvre

Aditya L1 completes 3rd earth-bound manoeuvre

Rediff.com10 Sep 2023

Aditya-L1 is the first Indian space-based observatory that will study the Sun from a halo orbit around the first Sun-Earth Lagrangian point (L1), which is located roughly 1.5 million km from the Earth.

Hasina's daughter joins mother at G20, fuels political speculation

Hasina's daughter joins mother at G20, fuels political speculation

Rediff.com8 Sep 2023

This is possibly the first time Hasina's daughter will be by her mother's side during an official visit to close neighbour and ally India, and analysts believe this to be significant in many ways.

'They wanted to strike terror in India'

'They wanted to strike terror in India'

Rediff.com11 Mar 2023

'The entire idea behind the serial bomb blasts was to strike fear in the minds of Indians.' 'I don't think the blasts were targeted to derail the Indian economy; the idea behind the blasts was retribution.'

India's first woman permanent representative to UN assumes charge

India's first woman permanent representative to UN assumes charge

Rediff.com3 Aug 2022

A 1987-batch Indian Foreign Service officer, Kamboj was previously Ambassador of India to Bhutan and was in June appointed India's Permanent Representative to the United Nations in New York, succeeding Ambassador T S Tirumurti.

FDI equity inflows dip 14% during April-Sep to $26.9 billion

FDI equity inflows dip 14% during April-Sep to $26.9 billion

Rediff.com23 Nov 2022

Foreign Direct Investment (FDI) equity inflows into India contracted by 14 per cent to $26.9 billion during the April-September this fiscal, according to the data of the Department for Promotion of Industry and Internal Trade (DPIIT). The inflows had stood at $31.15 billion during the corresponding period of the previous year. The total FDI inflows (which includes equity inflows, re-invested earnings and other capital) too declined to $39 billion during the first six months of the current fiscal year as against $42.86 billion in the year-ago period.

World badminton C'ships: Prannoy, Sen move into second round; Srikanth exits

World badminton C'ships: Prannoy, Sen move into second round; Srikanth exits

Rediff.com21 Aug 2023

Prannoy reached the World Championships on previous two occassions.

New variant: India to screen, test flyers from several countries

New variant: India to screen, test flyers from several countries

Rediff.com27 Nov 2021

Ministry of health and family welfare adds Hong Kong and Israel to the list of countries from where travellers would need to follow additional measures on arrival in India, including post-arrival testing considering the detection of new COVID variant 'Omicron' in South Africa.

Did Sebi suppress important facts on Adani stock manipulation?

Did Sebi suppress important facts on Adani stock manipulation?

Rediff.com11 Sep 2023

Market regulator Sebi suppressed important facts from the Supreme Court and "slept over" Directorate of Revenue Intelligence's letter on alleged stock manipulation by the Adani firms, one of the PIL petitioners in the Adani-Hindenburg row has alleged in the top court in an affidavit. The apex court is seized of four PILs on the Adani-Hindenburg controversy including those by lawyers M L Sharma and Vishal Tiwari, Congress leader Jaya Thakur and law student Anamika Jaiswal. On August 25, SEBI had informed the apex court it has completed the probe in all but two allegations against the Adani group, and is still awaiting information from five tax havens on the actual owners behind the foreign entities that have invested in the conglomerate.

PhonePe first Indian fintech player to allow UPI payments abroad

PhonePe first Indian fintech player to allow UPI payments abroad

Rediff.com8 Feb 2023

PhonePe said on Tuesday it has launched a service that will allow the fintech firm's Indian users traveling abroad to pay foreign merchants using Unified Payments Interface (UPI). 'UPI international' supports merchant outlets in UAE, Singapore, Mauritius, Nepal and Bhutan that have a local QR (quick response) code. Users will be able to make direct payments in a foreign currency from their Indian bank, like they do with international debit cards.

Adani-Hindenburg row: Plea in SC seeks contempt action against Sebi

Adani-Hindenburg row: Plea in SC seeks contempt action against Sebi

Rediff.com19 Nov 2023

A plea has been filed in the Supreme Court for initiation of contempt proceedings against the Securities and Exchange Board of India (SEBI), alleging it has violated the timeline for completing the investigation and submitting its report on the allegations of stock price manipulation by the Adani group. An application has been filed by PIL petitioner Vishal Tiwari saying that despite the deadline given to the SEBI it has failed to comply with the direction of the court and has not submitted the final conclusion/report as was directed by the court. It said by the order dated May 17, 2023, the apex court directed SEBI to submit its report till August 14, 2023.

Adani family's partners used 'opaque' funds to invest in stocks: OCCRP

Adani family's partners used 'opaque' funds to invest in stocks: OCCRP

Rediff.com31 Aug 2023

Hundreds of millions of dollars were invested in publicly traded Adani group stocks through Mauritius-based 'opaque' investment funds by partners of promoter family, the Organised Crime and Corruption Reporting Project (OCCRP) alleged on Thursday. The fresh allegations by an organisation funded by likes of George Soros and Rockefeller Brothers Fund come months after a US short seller wiped away close to $150 billion in value of Adani group stocks with allegations of accounting fraud, stock price manipulation and improper use of tax havens by the ports-to-energy conglomerate run by billionaire Gautam Adani. Adani group has denied all allegations. Citing review of files from multiple tax havens and internal Adani Group emails, OCCRP said its investigation found at least two cases where the "mysterious" investors bought and sold Adani stock through such offshore structures.

Karnataka DGP Praveen Sood is next CBI director

Karnataka DGP Praveen Sood is next CBI director

Rediff.com15 May 2023

He has been appointed to the CBI director's post for a period of two years from the date of taking charge after Subodh Kumar Jaiswal completes his tenure on May 25, a government order said on Sunday.

First Covid relief aid from US arrives in India

First Covid relief aid from US arrives in India

Rediff.com30 Apr 2021

The medical equipment and other supplies were brought to Delhi in a C-5M Super Galaxy, one of the largest strategic airlift aircraft of the US Air Force.

'Full faith in India on tax treaty revision'

'Full faith in India on tax treaty revision'

Rediff.com8 Nov 2015

Prime Minister Anerood Jugnauth has termed the issue as an aberration in the "very special" ties with India and hoped that revision of their tax treaty won't harm its interests.

India's Top Travel Destinations for 2021

India's Top Travel Destinations for 2021

Rediff.com25 Jun 2021

A significant 69% respondents indicated keen interest to travel in 2021 post ease in restrictions with 18% ready to travel immediately post unlock and 51% within 3-6 months.

Now, services to attract 10% tax under revised DTAA

Now, services to attract 10% tax under revised DTAA

Rediff.com12 May 2016

The amended India-Mauritius tax treaty has inserted a new clause allowing source-based taxation at 10 per cent on fees paid for technical and consultancy services.

Adani-Holcim deal: Open offers for Ambuja Cements and ACC from July 6

Adani-Holcim deal: Open offers for Ambuja Cements and ACC from July 6

Rediff.com24 May 2022

The open offers for the shareholders of Ambuja Cements and ACC will begin from July 6 and close on July 19, as per a tentative schedule published by the Adani family today. With an investment of $4 billion (Rs 31,139 crore), together these two open offers might constitute the biggest open offer in corporate Indian history. The mandatory open offer for the companies was made by a Mauritius based company owned by the Adani family after they acquired a 63 per cent stake in Ambuja and 4.5 per cent in ACC from Swiss cement major, Holcim for $6.5 billion. Ambuja owns a 50 per cent stake in ACC.

SOP for FPI custodians on the cards to remove regulatory arbitrage

SOP for FPI custodians on the cards to remove regulatory arbitrage

Rediff.com26 Jul 2023

The Securities and Exchange Board of India (Sebi) is in the process of issuing a standard operating procedure (SOP) for designated depository participants (DDPs) regarding disclosures and onboarding of foreign portfolio investors (FPIs), according to a regulatory document seen by Business Standard. DDPs act as a link between the markets regulator and overseas investors. The SOP, framed in consultation with the industry, aims to bring consistency across all players and avoid any form of regulatory arbitrage.

Rig Veda, 'Magna Carta' to be exhibited at G20 summit

Rig Veda, 'Magna Carta' to be exhibited at G20 summit

Rediff.com2 Sep 2023

The exhibition of artefacts -- in physical and digital formats -- will be done on the same floor level where the leaders' meetings will take place, and they will walk through this 'cultural corridor' while moving into and out of the summit room, official sources said.

Rice Economy Faces Turmoil as El Nino Turns Up Heat

Rice Economy Faces Turmoil as El Nino Turns Up Heat

Rediff.com15 Sep 2023

In the coming months, globally as well as in India, rice might remain a hot potato.

FDI inflows expected to rebound: Survey

FDI inflows expected to rebound: Survey

Rediff.com31 Jan 2023

Foreign direct investment into the country is expected to rebound in the coming months on account of India's high economic growth, and steps to further improve the business environment of India, the Economic Survey said on Tuesday. The rise in global uncertainty in the wake of the Russia-Ukraine conflict, FDI equity inflows in the manufacturing sector in the first half of the current fiscal (April-September) fell below its corresponding level in the first half of 2021-22, the document, which was tabled in Parliament, said. The monetary tightening at the global level has further restricted the FDI equity inflows, the survey said.

Despite Modi govt's best efforts...: Cong on fresh charges against Adani

Despite Modi govt's best efforts...: Cong on fresh charges against Adani

Rediff.com31 Aug 2023

The Organised Crime and Corruption Reporting Project (OCCRP) on Thursday trained its guns on the Adani Group, alleging hundreds of millions of dollars were invested in publicly traded group stocks through Mauritius-based 'opaque' investment funds managed by partners of promoter family, charges the conglomerate denied vehemently.

CWG 2022: How India fared on Saturday, July 30

CWG 2022: How India fared on Saturday, July 30

Rediff.com31 Jul 2022

A look at how India's athletes fared on Day 2 at the 2022 Commonwealth Games:

If China And India Go To War At Sea...

If China And India Go To War At Sea...

Rediff.com12 Dec 2022

The coming together of the Quad and the Australia-UK-US grouping would be a formidable adversary, moving toward the creation of a 'thousand ship navy' that reins in the PLA navy in the Indo-Pacific.

Can Rupee Dethrone The Dollar?

Can Rupee Dethrone The Dollar?

Rediff.com22 Sep 2023

Those who consider the rupee as a proxy for virility have started thumping their chests and dreaming of dethroning the dollar from its coveted position, observes Tamal Bandyopadhyay.

Record-breaking Mirabai Chanu claims India's first gold at CWG

Record-breaking Mirabai Chanu claims India's first gold at CWG

Rediff.com31 Jul 2022

The former world champion ended with a total lift of 201kg (88kg+113kg), which is far from her personal best.

India to adopt reciprocal visa policy for foreign tourists

India to adopt reciprocal visa policy for foreign tourists

Rediff.com1 Oct 2021

With India set to open up its border for international tourists, the government has decided on 'reciprocal treatment' to the applicants under new visa conditions. The visa facilitation will depend on the applicant's home country's policy for the Indian tourists.

Rupee trims initial losses, still down 4 paise against dollar

Rupee trims initial losses, still down 4 paise against dollar

Rediff.com11 May 2016

On Tuesday, the rupee lost 9 paise to close at 66.67 against the US dollar.

India to supply Covid vaccines to 6 countries as aid

India to supply Covid vaccines to 6 countries as aid

Rediff.com19 Jan 2021

In a tweet, Prime Minister Narendra Modi said India is deeply honoured to be a 'long-trusted' partner in meeting the healthcare needs of the global community and that supplies of the vaccines to several countries will commence on Wednesday, and more will follow in the days ahead.

CWG 2022: How India fared on Wednesday, August 3

CWG 2022: How India fared on Wednesday, August 3

Rediff.com4 Aug 2022

A summary of Indian athletes' performance on Wednesday, Day 6 of the Commonwealth Games in Birmingham.

PayU Payment's acquisition of BillDesk gets CCI nod

PayU Payment's acquisition of BillDesk gets CCI nod

Rediff.com5 Sep 2022

Competition Commission of India (CCI) on Monday granted its approval for the acquisition of 100 per cent equity of indiaideas.com (BillDesk) by PayU Payments. The proposed combination relates to the acquisition of 100 per cent of the equity share capital of India Ideas Ltd (IIL) by PayU India. In a tweet on Monday, CCI said it approved, "acquisition of 100% of the equity share capital of IndiaIdeas.com (BillDesk) by PayU Payments."

'I have never done one wrong thing in my life'

'I have never done one wrong thing in my life'

Rediff.com16 Nov 2023

Excerpted from Sahara: The Untold Story by Tamal Bandyopadhyay.

Meagre hike in MEA budget; Rs 990 cr allocated towards G20 presidency

Meagre hike in MEA budget; Rs 990 cr allocated towards G20 presidency

Rediff.com1 Feb 2023

The Ministry of External Affairs (MEA) has been allocated a total of Rs 18,050 crore in the Union Budget for 2023-24 which is an increase of around 4.64 per cent over last year's allocation of Rs 17,250 crore.