News for 'India Mauritius'

Check out golf hero Shubhankar's 'Major' plans for 2018

Check out golf hero Shubhankar's 'Major' plans for 2018

Rediff.com11 Jan 2018

Realising that a 'taxing' calendar can drain you completely, rising Indian golfer Shubhankar Sharma is now focussing on improving his mental toughness ahead of the new season, during which he is set to make his Major debut.

ED summons Shah Rukh Khan in IPL-related FEMA violation case

ED summons Shah Rukh Khan in IPL-related FEMA violation case

Rediff.com21 Jul 2017

The actor has been asked to be present before the adjudicating authority of the case here on August 23, they said.

Modi becomes first Indian PM to visit Sri Lanka in 28 years

Modi becomes first Indian PM to visit Sri Lanka in 28 years

Rediff.com13 Mar 2015

Prime Minister Narendra Modi on Friday flew into Colombo in the early hours for a historic visit during which he is expected to hold talks with the country's top leadership.

Tax deal with Singapore stalled

Tax deal with Singapore stalled

Rediff.com14 Apr 2005

Efforts to initiate a double taxation avoidance agreement with Singapore has hit a roadblock. This is because of Singapore's reluctance to include an information-sharing clause in the agreement.

L&T arm to sell 21.6% stake for Rs 550 crore

L&T arm to sell 21.6% stake for Rs 550 crore

Rediff.com22 Apr 2006

L&T-Infrastructure Development Projects Limited will divest 21.6 per cent stake to Silver Peak Investments (Mauritius) and an India Development Fund-led consortium for Rs 550 crore.

Sports Shorts: Boxers Shiva, Panghal lead home domination at India Open

Sports Shorts: Boxers Shiva, Panghal lead home domination at India Open

Rediff.com22 May 2019

Summary of sports events and persons who made news on Wednesday

Not just China, Hong Kong too may come under new FDI rules

Not just China, Hong Kong too may come under new FDI rules

Rediff.com29 Apr 2020

FinMin had, recently, notified changes in FDI rules that made prior approval of the government mandatory for foreign investments from countries that share a land border with India. Hong Kong was ranked 14th on the list of countries with FDI flows to India, contributing $4.2 billion between April 2000 and December 2019, the data from DPIIT shows. India received FDI worth $2.34 billion from China in the same period.

PM Modi holds bilateral talks with Hasina, others on CHOGM sidelines

PM Modi holds bilateral talks with Hasina, others on CHOGM sidelines

Rediff.com19 Apr 2018

The bilateral talks took place as the formal heads of government meeting got underway in London on Thursday, following a formal launch by Queen Elizabeth II at Buckingham Palace.

Foxed by ghost investors, Sebi seeks foreign help in Sahara case

Foxed by ghost investors, Sebi seeks foreign help in Sahara case

Rediff.com3 Mar 2014

The market regulator is seeking help from its peers in Mauritius, the UK and the US to solve the high-profile money laundering case involving Sahara chief Subrata Roy.

World Bank ex-chief buys Fabindia stake

World Bank ex-chief buys Fabindia stake

Rediff.com11 Jul 2007

WCP Mauritius Holding, an investment vehicle promoted by former World Bank president James Wolfensohn, has bought a minority stake in India's ethnic wear company Fabindia for about $11 million, a Financial Times report said.

State Bank of India lines up $100 mn foreign buys

State Bank of India lines up $100 mn foreign buys

Rediff.com25 Feb 2006

The bank is also mulling a mega Tier 2 bond issue in June-July 2006 to support credit growth.

Power Games in the Indian Ocean

Power Games in the Indian Ocean

Rediff.com17 Feb 2021

India cannot choose its geography and devise regional strategies to dovetail into the Western Indian Ocean hypothesis conceived in the Pentagon, argues Ambassador M K Bhadrakumar.

Singapore's new norms a shot in arm for Indian offshore funds

Singapore's new norms a shot in arm for Indian offshore funds

Rediff.com21 Jul 2018

Singapore is slated to bring in Singapore Variable Capital Company, a new legal entity which can be used as a vehicle for investment. SVACC is expected to simplify the process of redemption for open-ended funds.

SEBI fines Goldman Sachs Rs 1-cr

SEBI fines Goldman Sachs Rs 1-cr

Rediff.com8 Sep 2006

SEBI fines Goldman Sachs Rs 1-cr

Terrorism is a grey area in India-Israel ties

Terrorism is a grey area in India-Israel ties

Rediff.com6 Jul 2017

'Unsurprisingly, the joint statement issued after Modi's visit contains a paragraph on terrorism.' 'It is on the usual lines that India would have with, say, Croatia.' 'The surprising part is that it shies away from getting into specifics,' points out Ambassador M K Bhadrakumar.

NRI investors sue ICICI Venture over losses

NRI investors sue ICICI Venture over losses

Rediff.com28 Oct 2014

ICICI Venture denied the allegations, noting it had extended the lifespan of the Dynamic India Fund III by three years

Govt defers controversial GAAR norms to April 2016

Govt defers controversial GAAR norms to April 2016

Rediff.com14 Jan 2013

The minimum threshold to come under GAAR will be Rs 3 crore.

GE revamping Indian operations

GE revamping Indian operations

Rediff.com23 Mar 2004

General Electric company plans to convert its two arms in the country into wholly-owned subsidiaries even as it will expand activities of a third company, GE Power Controls India.

ICICI Bank orders probe into allegations against Chanda Kochhar

ICICI Bank orders probe into allegations against Chanda Kochhar

Rediff.com30 May 2018

There are allegations of involvement of Kochhar and her family members in a loan provided to Videocon group on a quid pro quo basis.

Adani in talks to buy out GVK, partners in Mumbai airport

Adani in talks to buy out GVK, partners in Mumbai airport

Rediff.com24 Aug 2020

Adani group is in talks to acquire a 50.5 per cent stake held by GVK Group in Mumbai International Airport (MIAL) and another 23.5 per cent of minority partners, Airports Company South Africa (ACSA), and Bidvest Group, two sources with knowledge of the matter said.

Satwik-Chirag win historic men's badminton doubles silver at CWG

Satwik-Chirag win historic men's badminton doubles silver at CWG

Rediff.com15 Apr 2018

Satwik Rankireddy and Chirag Shetty claimed India's first ever medal in men's doubles after settling for a silver at the 21st Commonwealth Games' badminton competition, in Gold Coast, on Sunday.

2,059 cyber crimes. Cost: Rs 10.96 billion

2,059 cyber crimes. Cost: Rs 10.96 billion

Rediff.com12 Jan 2019

Cyber crimes in 2016-2017: 1,372 cases. Cost: Rs 423 million.

Task force lens falls on India Inc's subsidiaries in tax havens

Task force lens falls on India Inc's subsidiaries in tax havens

Rediff.com17 Mar 2018

The task force has provided probe agencies with a list of attributes, including disproportionate investments, debt, advances or cash, to red-flag such firms.

Lanka fails to get assurance from India on UNHRC resolution

Lanka fails to get assurance from India on UNHRC resolution

Rediff.com4 Mar 2014

Brushing aside opposition from the Dravida Munetra Kazhagam and other parties in Tamil Nadu, Prime Minister Manmohan Singh on Tuesday met Sri Lankan President Mahinda Rajapaksa but did not give him any assurance on which way India will vote on a the United Nations Human Rights Council resolution for an independent international probe into rights abuses during the war with the Liberation Tigers of Tamil Eelam.

Pranab begins mugging up for 2014

Pranab begins mugging up for 2014

Rediff.com9 Oct 2013

The President has begun studying Constitutional and Presidential precedents in anticipation of a fractured mandate in next year's general election, reveals R Prema.

Kotak Mahindra merges with ING Vysya, India's 4th largest pvt bank is born

Kotak Mahindra merges with ING Vysya, India's 4th largest pvt bank is born

Rediff.com20 Nov 2014

Private lender Kotak Mahindra Bank Ltd said on Thursday its board had approved the acquisition of local rival ING Vysya Bank Ltd, in which Dutch lender ING Groep NV owns about 43 per cent, in an all-stock deal.

Overseas investment hubs may come under Sebi scanner for China links

Overseas investment hubs may come under Sebi scanner for China links

Rediff.com20 Apr 2020

The regulator last week reached out to custodians for beneficial ownership information of investors coming from China, Hong Kong, and 11 other countries.

SC verdict to boost FII flow: FinMin

SC verdict to boost FII flow: FinMin

Rediff.com8 Oct 2003

Hailing the Supreme Court verdict on tax exemption to Mauritius-based companies, the finance ministry said on Wednesday that it would help in higher inflow from foreign institutional investors.

Now, 35 foreign private equity firms in tax soup

Now, 35 foreign private equity firms in tax soup

Rediff.com24 Feb 2015

Face Rs 1,000-cr minimum alternate tax demand

Sindhu, Srikanth get top seeding at CWG

Sindhu, Srikanth get top seeding at CWG

Rediff.com3 Apr 2018

P V Sindhu and K Srikanth have been given the top billing in the respective women's and men's singles badminton competitions of the Commonwealth Games

Vodafone-like deals to be taxed in India in future

Vodafone-like deals to be taxed in India in future

Rediff.com1 Mar 2015

Jaitley sets condition of 50% assets for applicability of capital gain tax.

SBI eyes more banks in S Asia, Africa

SBI eyes more banks in S Asia, Africa

Rediff.com17 Feb 2005

As part of its vision to become a multinational corporation, State Bank of India is now scouting for more banks in South Asia and Africa while steadily consolidating its seven associate banks.

Our women face enduring prejudices, problems: PM

Our women face enduring prejudices, problems: PM

Rediff.com8 Jan 2013

Despite impressive economic performance in the past two decades, India faces persisting challenges of poverty, equity, sustainability and opportunity, Prime Minister Manmohan Singh stated in his address after inaugurating the 11th version of the Pravasi Bharatiya Divas in Kochi.

How India bungled on foreign investor tax row

How India bungled on foreign investor tax row

Rediff.com19 May 2015

Investor lobbies and tax lawyers estimate the bill for international funds and banks could be as high as $8 billion

Why the National Stock Exchange should not be listed

Why the National Stock Exchange should not be listed

Rediff.com28 Jul 2016

It could be a matter of concern that foreign shareholders of the NSE are registered in tax havens such as Mauritius and Cyprus.

Modi pushes for an Indian Ocean power group

Modi pushes for an Indian Ocean power group

Rediff.com12 Mar 2015

As China tries to gain a foothold in the Indian Ocean region, Prime Minister Narendra Modi on Thursday said India recognised that there are other nations around the world, with strong interests and stakes in the region.

Fortis to acquire international division for $665 mn

Fortis to acquire international division for $665 mn

Rediff.com1 Nov 2011

Acquisition is expected to be completed by mid-December.

HSBC Global's stake in Maruti Suzuki dips below 5%

HSBC Global's stake in Maruti Suzuki dips below 5%

Rediff.com12 Jul 2012

In a filing to the BSE, Maruti Suzuki India said HSBC Global Investments Fund Mauritius Ltd had sold 1,99,198 shares in the open market on June 29.

Why foreign portfolio investors are a worried lot today

Why foreign portfolio investors are a worried lot today

Rediff.com31 Jan 2017

One of the key concerns of foreign investors is how the general anti-avoidance rule would apply in case an investor is availing benefits under double taxation avoidance agreement.

GMR ready to buy out DIAL partners

GMR ready to buy out DIAL partners

Rediff.com17 Oct 2012

A senior executive of GMR group confirmed that both the companies were keen to get out of the venture. Fraport has already closed its development office in India.