News for 'mauritius'

Omicron variant not detected in India yet: Govt

Omicron variant not detected in India yet: Govt

Rediff.com29 Nov 2021

No case of the new Omicron variant of coronavirus has been detected in India yet, a senior government official said on Monday.

Adani-NDTV battle: Minority shareholders gain focus

Adani-NDTV battle: Minority shareholders gain focus

Rediff.com1 Sep 2022

In the centre of an ownership battle with Adani Group, New Delhi Television (NDTV) can prevent a takeover by the group if it can buy more shares from public shareholders, corporate lawyers told Business Standard. On Tuesday, the media arm of Adani Group said it had exercised rights to acquire an indirect stake of 29.18 per cent in NDTV through conversion of loans into equity in a promoter group entity of NDTV. This will trigger a mandatory open offer for an additional 26 per cent stake in NDTV, even as the broadcaster said its founder promoters had neither consented to the exercise of rights nor was any conversation or input given on the matter.

Unhappy WFI to review women wrestlers' show at CWG

Unhappy WFI to review women wrestlers' show at CWG

Rediff.com12 Aug 2022

The 76kg category had eight wrestlers while the 68kg class featured nine wrestlers, where minnows like Bangladesh, Mauritius, Cameroon, Tonga and New Zealand were part of the field.

Ladakh Fallout: How India Bled Chinese FDI

Ladakh Fallout: How India Bled Chinese FDI

Rediff.com9 Feb 2022

In 2020-2021, the amount of foreign direct investment into India from China and Hong Kong plummeted to just $200 million -- its lowest in the recent past. In the first half of 2021-2022, FDI investments through these two nations stood at just $36 million.

Rishi Sunak, Suella Braverman on shortlist of 8 in British PM race

Rishi Sunak, Suella Braverman on shortlist of 8 in British PM race

Rediff.com13 Jul 2022

Sunak, who formally launched his campaign earlier, remains the frontrunner in the race with reportedly the highest number of MPs behind him.

Sunak under Tory fire over Suella Braverman's reappointment

Sunak under Tory fire over Suella Braverman's reappointment

Rediff.com27 Oct 2022

British Prime Minister Rishi Sunak on Thursday came under fresh pressure on the reappointment of Indian-origin Suella Braverman as home secretary after two Conservative MPs questioned his decision, days after she quit over data breaches.

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.

Pradeep Kumar Rawat appointed as India's new envoy to China

Pradeep Kumar Rawat appointed as India's new envoy to China

Rediff.com20 Dec 2021

Rawat, an Indian Foreign Service (IFS) officer of the 1990 batch and regarded as a China expert, will succeed Vikram Misri.

Judoka Shushila wins silver in women' 48kg, Vijay gets bronze

Judoka Shushila wins silver in women' 48kg, Vijay gets bronze

Rediff.com2 Aug 2022

Shushila fought hard before losing the final via 'Waza-Ari' in 4.25 minutes.

7-day institutional quarantine for fliers from 'at risk' nations in Maha

7-day institutional quarantine for fliers from 'at risk' nations in Maha

Rediff.com1 Dec 2021

In case the test is negative, the passenger will still have to undergo seven-day home quarantine.

FDI inflow hits all-time high of $83.57 bn in 2021-22

FDI inflow hits all-time high of $83.57 bn in 2021-22

Rediff.com20 May 2022

Total foreign direct investment into India rose 2 per cent to the "highest ever" $83.57 billion in 2021-22 on account of various measures like policy reforms and ease of doing business taken by the government, the commerce and industry ministry said on Friday. Total FDI comprises equity inflows, reinvested earnings and other capital. In 2020-21, the inflow stood at $81.97 billion. It was $74.39 billion in 2019-20 and $62 billion in 2018-19. "India has recorded the highest ever annual FDI inflow of $83.57 billion in 2021-22," the ministry noted in a statement.

4 more flyers from 'at-risk' countries test positive at IGIA

4 more flyers from 'at-risk' countries test positive at IGIA

Rediff.com2 Dec 2021

Their samples have been sent to the National Centre for Disease Control for genome sequencing to ascertain if they have the new variant, Omicron, which has been classified as 'variant of concern' by the WHO.

'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.'

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'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.

The Mystery of Rising FDI as GDP Slumps

The Mystery of Rising FDI as GDP Slumps

Rediff.com28 Jul 2020

'An explanation perhaps lies in the culture of revisions that has grown deep roots in the government data collection system,' notes A K Bhattacharya.

Sensex ends 82 pts lower; Nifty slips below 11,800

Sensex ends 82 pts lower; Nifty slips below 11,800

Rediff.com25 Feb 2020

Sun Pharma was the top loser in the Sensex pack, shedding 2.37 per cent, followed by HCL Tech, Reliance Industries, IndusInd Bank and L&T.

Flight carrying Swaraj goes incommunicado for 14 minutes

Flight carrying Swaraj goes incommunicado for 14 minutes

Rediff.com3 Jun 2018

Contact could not be established with the Indian Air Force flight IFC 31 after it left Male ATC for Mauritius airspace on Saturday, the Airports Authority of India said in a statement.

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.

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.

Adani stocks: Rs 1.59 trn market-cap wiped out

Adani stocks: Rs 1.59 trn market-cap wiped out

Rediff.com18 Jun 2021

Shares of the six listed Adani group stocks tumbled for the fourth day on Thursday, resulting in Rs 1.59 trillion market cap loss this week. Adani Power, Adani Total Gas and Adani Transmission hit their 5 per cent lower trading limit for a fourth straight day.

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.

Bollywood's Dream Dating Destinations

Bollywood's Dream Dating Destinations

Rediff.com14 Feb 2022

On Valentine's Day, Sukanya Verma looks at some dream destinations in Bollywood style.

RT-PCR test pre-booking must at 6 airports for at-risk countries

RT-PCR test pre-booking must at 6 airports for at-risk countries

Rediff.com14 Dec 2021

Passengers coming from 'at-risk' countries to six major Indian airports have to compulsorily pre-book for the on-arrival RT-PCR test from December 20 onwards, the civil aviation ministry said on Tuesday.

Govt orders another 45 lakh doses of Covaxin

Govt orders another 45 lakh doses of Covaxin

Rediff.com19 Jan 2021

Out of the 45 lakh doses, the Hyderabad-based vaccine maker will be supplying over eight lakh to some of the friendly countries such as Mauritius, Philippines and Myanmar, free of cost as good will gesture sources added.

Maha Omicron patient responding well to treatment: Official

Maha Omicron patient responding well to treatment: Official

Rediff.com5 Dec 2021

Samples of six other people, who tested positive for the coronavirus after arriving in Kalyan-Dombivli area of Thane district from different countries, have been sent for genome sequencing and the results are awaited, another official said.

FDI inflows in April up 60% to $4.44 bn

FDI inflows in April up 60% to $4.44 bn

Rediff.com23 Jun 2021

Foreign direct investment into India increased by 60 per cent to $4.44 billion in April as against $2.77 billion in the same month last year, government data showed on Wednesday. Total FDI, including equity, re-invested earnings and capital, rose 38 per cent to $6.24 billion in April this year, as against $4.53 billion in April 2020, as per the data. "During April, 2021 FDI equity inflows amounting to $4.44 billion were reported in the country which is an increase of 60 per cent over the FDI equity inflow of April, 2020 ($2.77 billion)," the commerce and industry ministry said in a statement.

Sunak Is Indian, But Sonia A Foreigner?

Sunak Is Indian, But Sonia A Foreigner?

Rediff.com7 Nov 2022

If the Indian son-in-law can become prime minister in another country, could the daughter-in-law have not become one here, especially considering that the Indian culture and tradition is for the bahu to live, think and act like her in-laws, asks N Sathiya Moorthy.

Choksi pledged 'lab diamonds' with inflated valuation to get Rs 25 crore loan from IFCI: CBI

Choksi pledged 'lab diamonds' with inflated valuation to get Rs 25 crore loan from IFCI: CBI

Rediff.com2 May 2022

The CBI has filed a fresh case against absconding diamantaire Mehul Choksi, wanted along with his nephew Nirav Modi in a loan fraud case of Rs 13,500 crore, for allegedly inflating the value of diamonds and jewellery pledged to get Rs 25 crore loan from IFCI, officials said on Monday. The CBI has booked Mehul Choksi, his company Gitanjali Gems and valuers Surajmal Lallu Bhai and Co, Narendra Jhaveri, Pradip C Shah and Shrenik Shah, they said. The central agency has acted on a complaint from Industrial Finance Corporation of India (IFCI) Ltd alleging that Choksi had approached it in 2016 seeking Rs 25 crore working capital loan for which he had pledged shares and gold and diamond jewellery.

Bajrang Punia defends title, Sakshi reverses losing trend to earn maiden CWG gold

Bajrang Punia defends title, Sakshi reverses losing trend to earn maiden CWG gold

Rediff.com6 Aug 2022

Such was Tokyo Olympics bronze medallist Bajrang's dominance in the 65kg competition that he won three of his four bouts inside first rounds.

BIMSTEC leaders invited to Modi's swearing-in ceremony

BIMSTEC leaders invited to Modi's swearing-in ceremony

Rediff.com27 May 2019

President of the Kyrgyz Republic, who is the current Chair of the SCO, and the PM of Mauritius, who was the chief guest at this year's Pravasi Bhartiya Divas, have also been invited, the MEA said.

India, Mauritius make progress on double taxation treaty

India, Mauritius make progress on double taxation treaty

Rediff.com12 Mar 2013

President Pranab Mukherjee on Tuesday met with Mauritian Prime Minister Dr Navinchandra Ramgoolam at the latter's official house, Clarisse House (but which he doesn't stay in, choosing to reside in his private home instead). The meeting, which lasted over 45 minutes, saw the two sides reinforce and re-establish their close ties.

No tax on $6.38 bn transaction with Adani Group, says Holcim

No tax on $6.38 bn transaction with Adani Group, says Holcim

Rediff.com17 May 2022

Swiss building material major Holcim has said its $6.38 billion deal with Asia's richest man Gautam Adani's group is tax-free. Holcim had on Sunday signed a binding agreement with the Adani Group to sell its business in India -- about a 63 per cent stake in Ambuja Cement, which owns a 54.53 stake in ACC (of which 4.48 per cent is direct shareholding). "So, according to our analysis, it is a tax-free transaction," Holcim CEO Jan Jenisch said while addressing investors after the deal on Monday." When asked about the tax implications, he said: "Never know if any complication arises, but we assume that we will get the 6.4 billion Swiss Francs as net proceeds." As per the deal, Adani Group will acquire Holcim's full stake in Ambuja Cement and ACC for CHF (Swiss franc) 6.4 billion ($6.38 billion).

Align Omicron travel rules with ours: Govt tells Maharashtra

Align Omicron travel rules with ours: Govt tells Maharashtra

Rediff.com1 Dec 2021

After the Maharashtra government revised the guidelines on quarantine for international passengers in view of concerns over the Omicron variant, the Centre on Wednesday asked the state to align its order with the SOPs issued by the Union Health Ministry.

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:

80 Moments of Amitabh Bachchan Magic!

80 Moments of Amitabh Bachchan Magic!

Rediff.com12 Oct 2022

This isn't a compilation of his best films, biggest blockbusters or important milestones but moments that swept Sukanya Verma off the floor, blew her heart into smithereens, regaled her with their sheer silliness, made her laugh till her sides hurt and look at phenke hue paise in disdain.

FDI jumps 19% to $59.64 bn in 2020-21

FDI jumps 19% to $59.64 bn in 2020-21

Rediff.com24 May 2021

Foreign direct investments (FDI) into the country grew 19 per cent to $59.64 billion during 2020-21 on account of measures taken by the government on the fronts of policy reforms, investment facilitation and ease of doing business, the commerce and industry ministry said on Monday. Total FDI, including equity, re-invested earnings and capital, rose 10 per cent to the "highest ever" of $81.72 billion during 2020-21 as against $74.39 billion in 2019-20. "FDI equity inflow grew by 19 per cent in 2020-21 ($59.64 billion), compared to 2019-20 ($49.98 billion)," the ministry said in a statement. In terms of top investor countries, Singapore is at the top with 29 per cent share.

FDI rises 15% during Apr-Sep to $26 bn

FDI rises 15% during Apr-Sep to $26 bn

Rediff.com1 Jan 2020

Singapore continued to be the largest source of FDI in India followed by Mauritius, the US, the Netherlands and Japan.

FPIs pump $33.8 bn so far; total holding at record $592.5 bn

FPIs pump $33.8 bn so far; total holding at record $592.5 bn

Rediff.com18 Feb 2021

Foreign portfolio investors (FPIs) have pumped in a whopping $33.8 billion into domestic equities and debt till February 15 this fiscal year -- the highest since FY15 when it was nearly $46 billion --taking their net outstanding investments to a record $592.5 billion, as per a report. Of the total FPI assets of $592.5 billion, $537.4 billion were in equities and $51.38 billion in debt, according to the data collated by Care Ratings. The maximum holding is in financial services sector at $191.3 billion, followed by software ($76.1 billion), oil & gas ($50 billion), automobiles & auto components ($26.9 billion, pharmaceuticals & biotechnology ($22.8 billion), sovereign ($21.7 billion--debt), household & personal products ($20.2 billion), capital goods ($19.8 billion), food, beverages & tobacco ($15.7 billion) and insurance ($13.4 billion).

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.