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.
There is much more that the government can do to track money hidden abroad.
UK-based travel services provider Thomas Cook Group plc will sell for Rs 817.4 crore (Rs 8.17 billion) its entire 77 per cent holding in the Indian arm to Fairbridge Capital (Mauritius) Ltd, a subsidiary of Fairfax Financial Holdings.
She said during Question Hour in Rajya Sabha that Bharatiya Janata Party got a massive mandate on the basis of its election manifesto which opposes FDI in multi-brand retail.
'People should stop judging other people on the basis of their weight or how they look because I don't think being a certain body type is as bad as being evil or cunning. We have bigger issues in life to look after and correct.' Zareen Khan and Gautam Rode get intimate in Aksar 2.
As its factories resumed operations after over two-month of grim battle against coronavirus, China is busy tapping into the vast business opportunities of export of key medical goods, specially ventilators and personal protection equipment (PPE), across the world, including India, where both private and government bodies are placing orders for the import of these products.
The top posts on social media from your favourite Bollywood celebrities.
The noose around the neck of mining baron and former Karnataka minister Gali Janardhan Reddy appears to be getting tighter with the Central Bureau of Investigation now deciding to probe the foreign funds that he has reportedly parked in tax havens abroad.
Short trips can be made to interesting places at 15-20 per cent lower prices.
The Foreign Investment Promotion Board (FIPB) has rejected a proposal by Mauritius-based Axiata Investments 2 India Ltd, part of Asian telecom giant Axiata Group, to increase its stake in Idea Cellular by acquiring shares from the stock exchange.
The investment to the country from India, which has been at the top of the 2009-10 list of the destinations to which Indian investment is flowing, was $3798.5 million.
MAT has damaged investor confidence
The Central Bureau of Investigation had called Karti for questioning on Thursday in connection with the foreign investment clearance given in the Aircel-Maxis deal in 2006 when his father Chidambaram was the finance minister.
Karti, through his lawyer, has refused to appear before the agency saying a special court had discharged all the accused in the matter.
"Opposition parties hoping that I would quit would be disappointed," Yeddyurappa told media persons at the Bangalore Airport, on arrival from Mauritius, where he was on a six-day holiday with his family
Owing to the soon-to-be released Lokayukta report, political tensions are at an all time high in Karnataka. Leaked portions from the report have suggested that Karnataka Chief Minister B S Yeddyurappa has a mention in that report, which has given the opposition the required ammunition to start firing at him once again.
'I'd rather do a great role in any language than do mediocre stuff in Hindi.'
The Central Bureau of Investigation will soon send a formal request to Switzerland to help the agency in tracking down the alleged money trail of Swan Telecom, a company chargesheeted in the allocation of 2G spectrum.
Day 1 witnessed a lot of action across events at Gold Coast. Here are some highlights -- in pictures -- from the opening day's events...
Leverdez, the world number 31, scored only his second win over Lee in nine matches and said playing without fear helped him in the 75-minute contest at the Emirates Arena.
Golfer Siddikur Rahman has become Bangladesh's first athlete to qualify for Olympics after finishing 56th in the final eligibility rankings for the Rio Games.
An embattled Karnataka Chief Minister B S Yeddyurappa is expected to return to Bengaluru on Monday from a week-long Mauritius holiday with family amid debate in the party on his future in the wake of Lokayukta's damning indictment on the mining scam.
The Enforcement Directorate moved a special court in Mumbai on Monday seeking issuance of a non-bailable warrant (NBW) against former Indian Premier League chief Lalit Modi in alleged money laundering case registered against him.
It's finally out -- here's a first look at India's most exclusive bikini calendar!
Last week, Essar had decided to prepay $900 million of this debt to foreign lenders.
The debris, found on Pemba Island off the Tanzanian coast, is the latest piece of wreckage to be linked to the Malaysia Airlines jet, whose disappearance remains a mystery.
"The figure is showing a recovery in the global markets, especially in European economies," an official said. Mauritius, Singapore, the US, UK, Netherlands, Japan, Germany and the UAE are the major investors in India.
With economic recovery in the rich countries, especially European nations, remaining fragile, FDI inflows to India plunged by 48 per cent to $1.04 billion in January over the same period last year.
GVK Airport Holdings, a subsidiary of Hyderabad-based infrastructure developer GVK Power & Infrastructure Limited (GVKPIL), has signed a share purchase agreement with Bid Services Division Mauritius (BSDM) to buy 13.5 per cent in Mumbai International Airport Private Limited (MIAL). The value of the deal was not disclosed.
The Central Bureau of Investigation will file its final chargesheet on Rs 14,000-crore (Rs 140 billion) Satyam fraud after receiving responses to the Letters of Rogatory (LoR) seeking information in this regard from six countries, Parliament was informed on Thursday.
The Indian Cricket Board has incorporated strict guidelines in their 19-page 'Request For Proposals' (RFP) from interested companies.
Karnataka Chief Minister B S Yeddyurappa, who is holidaying in Mauritius issued a statement stating that he will complete his term as the CM.
Providence had bought 15 per cent in Idea Cellular in 2006 for around Rs 1,800 crore (Rs 18 billion) through its investment arm - P5 Asia Investment (Mauritius).
Agneepath, Hum and Khuda Gawah are a testament to the Bachchan-Mukul Anand actor-director chemistry. Of the three, Hum is a natural crowd-pleaser, says Sukanya Verma.
Australia's skipper Meg Lanning bagged the 'Leadership Legend' award. She led her side successfully in all formats of the game.
The Enforcement Directorate, in its report on 2G spectrum allocation scam submitted to the Supreme Court on Wednesday, is understood to have said that the case has international ramifications as the money trail covers ten countries, including Mauritius.
Billionaire Jignesh Shah-promoted Financial Technologies today said it will launch three new international exchanges, including Bahrain Financial Exchange and Singapore Mercantile Exchange, this year.
Just an hour or so from the ones we commonly throng to, they promise a lot more for a lot less.
They said Rajeev Shamsher Bahadur Saxena wanted in the Rs 3,600 crore AgustaWestland VVIP choppers money laundering case and lobbyist Deepak Talwar wanted by the Enforcement Directorate and the Central Bureau of Investigation in a case of misusing over Rs 90 crore taken through the foreign funding route, were brought in a special plane to Delhi around 1:30 am.
Rajiv Saxena, an accused in AgustaWestland chopper deal scam, was extradited from Dubai, UAE, to India .
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