News for 'Mauritius'

Karti Chidambaram moves court after CBI issues 'look out circular'

Karti Chidambaram moves court after CBI issues 'look out circular'

Rediff.com4 Aug 2017

In his petition, Karti contended that the July 18 circular had been issued arbitrarily and without jurisdiction by the Foreigner Regional Registration Officer and The Bureau of Immigration under the Union home ministry at the behest of different agencies to prevent him from travelling abroad.

UK is largest investor in India

UK is largest investor in India

Rediff.com2 Jul 2008

Britain has become the biggest foreign investor in India with an investment of 560 million, according to a report on investment flows by the Commonwealth Business Council (CBC).

Idea offers further 20% stake in Spice Comm

Idea offers further 20% stake in Spice Comm

Rediff.com30 Jun 2008

Aditya Birla group firm Idea Cellular on Monday made an open offer to the shareholders of Spice Communications for acquiring additional 20 per cent stake in the telecom services provider for about Rs 1,066.63 crore (Rs 10.66 billion).

India Open: Mary Kom wins first bout, assured of medal

India Open: Mary Kom wins first bout, assured of medal

Rediff.com22 May 2019

Mary will be up against fellow Indian and Asian Championships bronze medallist Nikhat Zareen in a blockbuster semi-final as the duo confirmed two medals for India.

India awaits Sharif's reply, meetings with other leaders planned

India awaits Sharif's reply, meetings with other leaders planned

Rediff.com23 May 2014

India is 'patiently' awaiting Pakistan Prime Minister Nawaz Sharif's response to the invitation for swearing in of Narendra Modi as 'short duration bilateral meetings' are being set up with all the other South Asian Association for Regional Cooperation leaders, who have decided to attend the ceremony on May 26.

Emirates slashes fares by up to 20% for Indian honeymooners

Emirates slashes fares by up to 20% for Indian honeymooners

Rediff.com4 Dec 2013

Gulf carrier Emirates on Wednesday announced special fares for honeymooners from India, offering an up to 20 per cent discount on both business and economy class travel, to select destinations, including London and Paris.

Devas-Antrix Deal: International Tribunal asks India to pay damages

Devas-Antrix Deal: International Tribunal asks India to pay damages

Rediff.com28 Jul 2016

An international tribunal has ruled that the Indian government had acted "unfairly" and "inequitably" in annulling a contract between Devas and ISRO's commercial arm Antrix.

ONGC Videsh-Oil India complete acquisition of Videocon stake

ONGC Videsh-Oil India complete acquisition of Videocon stake

Rediff.com8 Jan 2014

OVL, the overseas arm of state-run explorer Oil & Natural Gas Corporation, and Oil India Limited agreed in June last year to jointly buy Videocon's 10 per cent interest in the Rovuma Area 1 for $2.475 billion.

India's bid for permanent UNSC seat gets stronger

India's bid for permanent UNSC seat gets stronger

Rediff.com14 Nov 2007

Mauritius singled out India for being the fit candidate to become a permanent member while calling for expansion of the 15-member Council which currently has five permanent members -- the US, Britain, Russia, France and China -- and ten non-permanent ones who are elected by the 192-member General Assembly for a two-year term.

Essar arm to buy BPO in Philippines

Essar arm to buy BPO in Philippines

Rediff.com5 Aug 2008

Essar group-owned Aegis BPO on Monday said it will acquire Philippines-based BPO, PeopleSupport, for $250 million (around Rs 1,050 crore) in an all-cash deal.

Asian Paints to sell off Australian unit

Asian Paints to sell off Australian unit

Rediff.com16 Jun 2007

A company spokesperson said the operations in Queensland were small and not expected to make any significant impact in the company's performance.

Reddy justifies decision on rate

Reddy justifies decision on rate

Rediff.com15 Mar 2008

Reserve Bank of India governor Y V Reddy defended his decision to keep the rates unchanged by saying that all stakeholders should pay an uncertainty premia during uncertain times.

Akhil set to deliver the knock-out punch

Akhil set to deliver the knock-out punch

Rediff.com18 Jul 2008

India's boxers are remembered only during a big event, says Olympics medal hope Akhil Kumar. 'Before and after that no one cares.'

14 FDI proposals worth Rs 1,257 cr cleared

14 FDI proposals worth Rs 1,257 cr cleared

Rediff.com18 Oct 2007

The Centre on Thursday cleared 14 Foreign Direct Investment proposals worth Rs 1,257 crore, including those of Mauritius-based Essar Telecom Holdings Ltd and US-based Goldman Sachs Asset Management. The proposals include induction of foreign equity worth Rs 500 crore by Essar Telecom Holdings and Rs 200 crore from GSAM. The investment proposals were cleared by Finance Minister P Chidambaram on the recommendations of the Foreign Investment Promotion Board.

Delhi HC allows Chandraswami to go abroad

Delhi HC allows Chandraswami to go abroad

Rediff.com31 Jan 2008

The Delhi High Court on Thursday allowed the plea of controversial godman Chandraswami alias Nemi Chand Jain, who is facing prosecution in twelve Foreign Exchange Regulation Act cases, to travel abroad. A bench of Justice Sanjay Kishan Kaul dismissed the Enforcement Directorate's plea that the accused, if permitted to go abroad, may not come back to face trial in the country. Allowing Chandraswami's plea to visit the United Kingdom, United Arab Emirates and Mauritius.

Cameroon undefeated, Angola ousted

Cameroon undefeated, Angola ousted

Rediff.com13 Oct 2008

Angola and Kenya were eliminated from the 2010 World Cup finals after failing to make the cut in the African qualifiers.

PMO steps into NuPower-Videocon-ICICI Bank controversy

PMO steps into NuPower-Videocon-ICICI Bank controversy

Rediff.com6 May 2018

Prime Minister's Office wants CBI and tax dept to identify the actual beneficiaries of the transactions made in India and abroad.

The winners of the Pravasi Bharatiya Samman Awards

The winners of the Pravasi Bharatiya Samman Awards

Rediff.com9 Jan 2008

The recipients of the Pravasi Bharatiya Samman Award, presented by President Prathibha Patil at the valedictory function of the 6 th Pravasi Bharatiya Divas, at Vigyna Bhavan in New Delhi on Tuesday.

SAT asks Sebi to pay up

SAT asks Sebi to pay up

Rediff.com16 May 2008

In a rare order, the Securities Appellate Tribunal on Thursday asked the Securities and Exchange Board of India to bear the costs amounting to Rs 100,000 in a case involving Goldman Sachs. A division bench of Justice N K Sodhi, Arun Bhargava and Utpal Bhattacharya imposed the penalty on the capital market regulator and set aside the adjudication order of September 8, 2006.

Jallianwala Bagh apology: Should we really care?

Jallianwala Bagh apology: Should we really care?

Rediff.com21 Apr 2019

I can't see what purpose can be served by an apology by a British government that cannot in any way be blamed for one sadistic man running amok 100 years ago, argues Sunanda K Datta-Ray.

A trader takes a worm's eye view of 2007

A trader takes a worm's eye view of 2007

Rediff.com24 Dec 2007

The Nifty flirted around 4,000. Volumes high considering that most firangis are still in Mauritius, or wherever, recovering from hangovers.

MindTree picks up 32.5% in Aztecsoft

MindTree picks up 32.5% in Aztecsoft

Rediff.com3 May 2008

In a major consolidation in the domestic IT industry, MindTree, a listed IT services company, will acquire Aztecsoft, another listed outsourcing product development firm. MindTree, which has bought four companies in the last eight years, will acquire 32.57 per cent stake in Aztecsoft from e4e Holdings, Mauritius, in an all cash deal for around Rs 117 crore (Rs 1.17 billion).

StanChart to raise UTI Securities stake to 74%

StanChart to raise UTI Securities stake to 74%

Rediff.com28 Aug 2008

Last year, the London-headquartered bank had bought a 49 per cent stake in UTI Securities from the Securities Trading Corporation of India for Rs 147 crore. The bank retains the option to raise the stake to 74 per cent this year and the remaining shares by 2010.

Govt okays FDI worth Rs 2339 cr

Govt okays FDI worth Rs 2339 cr

Rediff.com4 Jul 2007

The government on Wednesday approved ten foreign direct investment proposals with a total inflow of Rs 2,339 crore (Rs 23.39 billion), including investment banker Morgan Stanley's plan to pump in Rs 1,894 crore (Rs 18.94 billion) in the country.

Citi, Goldman acquire stake in ICSA India

Citi, Goldman acquire stake in ICSA India

Rediff.com18 Jan 2007

Hyderabad-based ICSA (India) is divesting 14 per cent of its stake to Citigroup Venture Capital International Growth Partnership Mauritius for $30 million

Canada airlines eye more Indian destinations

Canada airlines eye more Indian destinations

Rediff.com11 Jun 2007

Several airlines in Vancouver are planning to operate to more Indian destinations, subject to bilateral air traffic rights and their respective fleet strengths.

ICICI Bank for more branch expansion

ICICI Bank for more branch expansion

Rediff.com25 Jun 2013

The largest private sector lender is also looking to open a full-fledged branch in China, where it already has a representative office, managing director and CEO, Chanda Kochhar said during the bank's 19th annual general meeting in Vadodara.

India Inc invests $5.03 bln overseas in Jun, up 61% on year

India Inc invests $5.03 bln overseas in Jun, up 61% on year

Rediff.com9 Jul 2014

The Indian companies, however, invested a much lower $1.59 billion in overseas markets in the previous month May 2014.

SP wants names of Indians in Panama papers disclosed

SP wants names of Indians in Panama papers disclosed

Rediff.com27 Apr 2016

SP leader Naresh Agrawal alleged that the government was 'deliberately sitting' over the names that have come to light in the leaked documents from the files of law firm Mossack Fonseca, based in the tax haven of Panama.

CWG: Shuttlers Sindhu, Saina, Srikanth ease into quarters

CWG: Shuttlers Sindhu, Saina, Srikanth ease into quarters

Rediff.com12 Apr 2018

On the eighth day of CWG 2018, the 22-year-old from Hyderabad made everything look so easy as she clinched a comfortable 21-15, 21-9 win over Wendy Chen in a one-sided last-16 clash of the women's singles event that lasted 34 minutes at the Carrara Sports Arena.

Merrill Lynch, Citigroup pick 10% stake in MCX

Merrill Lynch, Citigroup pick 10% stake in MCX

Rediff.com28 Sep 2007

These investments from strategic international partners would provide Indian commodity markets and MCX access to global know how and technology making them more efficient, competitive and transparent institutions globally.

Perfect 19: Meet the Miss Universe 2016 hopefuls

Perfect 19: Meet the Miss Universe 2016 hopefuls

Rediff.com27 Jan 2017

Tell us who is the hottest of them all! Vote for your favourite!

'Oberoi Group among top 10 global hotel chains'

'Oberoi Group among top 10 global hotel chains'

Rediff.com2 May 2007

India's incredible hospitality and heritage has attracted global attention with the country's leading hotel chain, Oberoi Hotels and Resorts grabbing a position among the world's top 10, according to a latest survey.

Mallya's luxury jet sale gets caught in red tape

Mallya's luxury jet sale gets caught in red tape

Rediff.com6 Nov 2018

Five years on, US company that won the auction for the aircraft is running pillar-to-post, unable to take possession as DGCA hasn't deregistered the jet

India's FDI doubles to $4.48 bn in Jan, highest in 29 months

India's FDI doubles to $4.48 bn in Jan, highest in 29 months

Rediff.com17 Mar 2015

In January 2014, the country had received $2.18 billion FDI.

LeT not JeM behind Uri and Handwara attacks, says NIA

LeT not JeM behind Uri and Handwara attacks, says NIA

Rediff.com19 Jan 2017

A senior NIA official claimed that one of the four terrorists involved in the attack on the army camp in Handwara managed to flee.

'Not so important': SC on Karti's plea seeking permission to go abroad

'Not so important': SC on Karti's plea seeking permission to go abroad

Rediff.com1 Nov 2018

Declining urgent hearing, the top court observed that judges have more cases 'than they can handle'.

BSE fixes IPO price band at Rs 805-806, to raise Rs 1,243 crore

BSE fixes IPO price band at Rs 805-806, to raise Rs 1,243 crore

Rediff.com16 Jan 2017

Bids for the issue, which opens on January 23 and closes on January 25, can be made for a minimum of 18 shares and in multiples of 18 thereafter.

FDI in services sector drops 54% in 2013-14

FDI in services sector drops 54% in 2013-14

Rediff.com8 Jun 2014

Overall foreign inflows into the country grew by 8 per cent to $ 24.29 in the last fiscal as against $ 22.42 billion in 2012-13.

BSE's Rs 1,500-cr IPO to open on January 23

BSE's Rs 1,500-cr IPO to open on January 23

Rediff.com13 Jan 2017

The shares - close to 30% of the total holding - are expected to list on rival National Stock Exchange on or around February 3.