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MAURITIUS PUBLIC FINANCES
Asset servicing company Dovetail Capital secures Rs 100 crore from Elev8The firm which was founded in 2017, counts famed stock market investors Amal Parikh and Rakesh Jhunjhunwala as its early backers. Bengaluru...
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
Arohan Financial Services files IPO papers with Sebi; eyes Rs 600 cr via fresh issueUS Teachers Insurance and Annuity Association, a retirement financial services firm, Michael & Susan Dell Foundation, Aavishkaar Goodwell I...
Kissht raises Rs 278 crore from anchor investors ahead of Rs 926 crore IPODigital lending platform Kissht has secured Rs 278 crore from anchor investors. This comes ahead of its initial public offering scheduled t...
Raghav Chadha's exit: After Delhi, AAP stares at a big assembly test in Punjab, Goa and GujaratSeven MPs, including prominent figures, have quit the Aam Aadmi Party, significantly weakening its parliamentary presence and impacting ele...
Net sales growth of FDI companies moderated to 8.7% in FY25: RBI dataNet sales growth for select FDI companies in India moderated to 8.7% in 2024-25, down from 9.4% the previous year, according to RBI data. W...
Mauritius flag to be flown at half mast on Saturday as mark of respect to former PM Manmohan SinghMauritius will fly its flag at half-mast to honor former Indian Prime Minister Manmohan Singh, who passed away. Mauritian officials attende...
Mauritius economy 'much worse than we imagined', new prime minister saysMauritius' new Prime Minister, Navin Ramgoolam, has revealed that the country's economic situation is far worse than anticipated. An ongoin...
Tamil Nadu announces public holiday on January 28 on account of Thaipoosam festivalTamil Nadu Chief Minister K. Palaniswami on Tuesday declared government holiday on January 28 on account of Thaipoosam festival celebrated ...
Antony Waste Handling Cell IPO to open on Dec 21; sets price band at Rs 313-315 per shareThe IPO comprises fresh issuance of shares worth Rs 85 crore and an offer for sale of 68,24,993 equity shares by existing shareholders.
Exiting FIIs to book handsome gains from Ujjivan investmentsThese foreign institutional investors along with Women’s World Banking Capital Partners are exiting Ujjivan, which is in the process of dil...
Ujjivan IPO: Eight shareholders offer to sell 2.49 crore sharesAs microfinance lender Ujjivan Financial Services gears up for its IPO, its eight existing shareholders have offered to sell about 2.49 cro...
Edelweiss doubles investor wealth in 2014; Rakesh Jhunjhunwala picks up 1 crore sharesJhunjhunwala purchased the shares of the financial services firm for an average price of Rs 55 apiece, according to the bulk deal informati...
- Lobby group pushes Mauritius' clean image on black money
As per the existing treaty, any entity can be taxed only in Mauritius and not in India, but the local regulations spare them from any taxat...
- I-T to check FDI from Mauritius for black money
The govt has decided to increase vigil on all FDI flows from Mauritius amid growing concern that black money stashed abroad by Indians is b...
- No new amnesty scheme for tax evaders, says Pranab
Government has no plans to bring a new amnesty scheme for tax evaders and wants to amend the Indo-Mauritius tax treaty to curb its abuse by...
- AIADMK demands Chidambaram's resignation on P-note issue
Continuing her tirade against Union Finance Minister P Chidambaram on participatory note issue, AIADMK leader J Jayalalithaa on Thursday de...
- Mauritius minister sees 2008 growth at 6.0 per cent
Mauritius expects its economy to grow 6.0 per cent this year from 5.6 per cent in 2007, the Indian Ocean nation's finance minister said on ...
- Mauritius double tax treaty may be finetuned to survive I-T scrutiny
The controversial double tax avoidance treaty between India and Mauritius is likely to survive despite pressure from the income-tax authori...