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Capital market stocks: Time to change strategy? 10 stocks from different parts of the ecosystemThe capital market infrastructure sector has grown into a full-fledged, publicly-traded ecosystem. Today, investors can pick from exchanges...- NCLAT upholds NCLT order on distribution of funds from a resolution planThe National Company Law Appellate Tribunal has rejected a plea from five banks. They challenged fund distribution to SBI and Punjab Nation...
- CreditAccess Grameen signs pact with global banks to raise $75 millionCreditAccess has secured over $300 million in commitments this fiscal. HSBC arranged a social loan facility for the company. These funds wi...
- International Solar Alliance, Business Mauritius host SolarX Accelerator Programme for start-upsThe two-day programme is aimed at supporting, empowering, and guiding start-ups that are focused on solar energy and renewable technologies.
- NSE-BSE bulk deals: Sunil Singhania's Abakkus buys 20 lakh shares of J Kumar InfraprojectsThe fund acquired these shares at an average price of Rs 225.10, which were sold by Allied Commodities, Balgopal Commercial and Intellect S...
- Devas investors seek US court's help to track Antrix assetsThis is an effort to enforce a $1.3 billion arbitral award that the court had upheld last year.
- Finance companies cannot be set up with FDI from Mauritius: RBIAs regulated entities in the financial intermediation space, the rules, according to RBI, are tighter for finance companies which, like ban...
- Bombay High Court gives a leeway to HSBC Bank (Mauritius) in reassessment dispute with income taxThe court was ruling in the case of HSBC Bank (Mauritius) and the income tax department. The bank was assessed for 2011/12.
- Hinduja is said to mull buying Mauritius state lenderSelling control of MauBank would enable the Mauritian government to recoup some of the money its used to bail out the lender.
- Mauritius tweaks rules for global business licenseesFPIs, offshore funds and other entities that invest in India via the Mauritius route will now have to satisfy any two of the secondary cond...
- HSBC elevates Sandeep Uppal as regional headIn India, Uppal will be succeeded by Rajat Verma as head of commercial banking in India also with effect from 1 June 2017.
- Mauritius Commercial Bank to launch ETF for Indian government securitiesAn investor can subscribe to the ETF at $10/share through MCB stockbrokers. The minimum initial investment is $5,000, and the offer would b...
- CARE likely to sell up to 22% in Mauritian arm to 2 leading Mauritain banks, African Development BankMauritius Commercial Bank and State Bank of Mauritius may buy 5-6% each in Credit Ratings (Africa), African Development Bank may pick up a ...
- African banks to buy 22% stake in CARE Ratings' Mauritius armTwo leading banks in Mauritius and the African Development Bank are likely to buy about 20-22% stake in CARE Ratings' new subsidiary in Mau...
- Top FPIs raise concerns with Sebi over Mauritius Treaty, GAAR and participatory notesFPIs have voiced concerns before Sebi about the fate of the Mauritius treaty which the govt is renegotiating with the tax haven.
- SBI sees business opportunities in Indian firms' Africa plansSBI Mauritius is a foreign subsidiary of SBI. It began operations as a joint venture with the country's local banking major State Bank of M...
- Leveraging traditional ties with MauritiusHowever, we have not leveraged this cultural affinity and bond of friendship in the area of trade, investment and greater economic cooperat...
- India and Mauritius a winning combination!When corporates venture into other countries, the success of their businesses ventures, to a great extent, depends on the quality of servic...
- Desi co wins bid to acquire Mauritius bankOffshore acquisition by Indian companies got a shot in the arm with one of them winning a bid to takeover the troubled First City Bank of M...
- Purchase a luxury villa & become Mauritius residentThe Mauritius government’s new Integrated Resort Scheme (IRS) could help turn that into reality.
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