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MAURITIUS TRADE SETTLEMENTS
3 early investors to sell Paytm shares worth up to Rs 2,002 crore at 5% discountThree early Paytm investors plan to sell shares worth up to Rs 2,002 crore through a block deal at a nearly 5% discount. The secondary tran...
NSE IPO to value exchange at Rs 5 lakh crore? 2 scenarios every investor should watchNSE's proposed IPO could value the exchange at around Rs 5 lakh crore, making it one of India's most valuable listed financial institutions...
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...
India, Oman trade pact to come into force from June 1; Check what's insideIndia and Oman's Comprehensive Economic Partnership Agreement, CEPA, begins on June 1. This pact offers Indian exports 100% duty-free acces...
Hope to 'fine-tune' tax treaty with India soon: Mauritius minister Jyoti JeetunJyoti Jeetun, Mauritian Minister, is in India to discuss trade and economic cooperation. Discussions include the CEPA agreement, focusing o...
Bilateral Investment Treaty talks with UK drag on as sunset clause, dispute resolution remain unresolvedIndia and the United Kingdom are in talks for the Bilateral Investment Treaty. The announcement was to be alongside the free trade agreemen...
RBI and Bank of Mauritius sign pact on use of local currencies for bilateral transactionsThe Reserve Bank of India and the Bank of Mauritius have signed an MoU to promote the use of Indian Rupee and Mauritian Rupee for cross-bor...
Adani entities apply for settlement in response to Sebi show cause noticeEntities linked to Adani Group have sought a settlement with Sebi over alleged public shareholding norm violations. They filed settlement a...
Promoting international trade in rupee to help reduce currency volatility: SurveyThe survey suggested that it could assist Indian exporters in getting advance payments in rupee from overseas clients and in the longer ter...
India hopeful of rupee trade with Russia will pick up: OfficialIndia has been exploring a rupee trade settlement mechanism with Russia since soon after Moscow invaded Ukraine in February but the countri...
Banks looking at possibility of rupee trade with Bangladesh, African nationsIndia imported goods worth USD 3,520.83 million from Egypt, of USD 1,004.24 million from Algeria and USD 2,725.08 million from Angola in th...
India rupee settlement mechanism draws interest from more nationsTajikistan, Cuba, Luxembourg and Sudan have begun talking to India about using the mechanism, according to two sources and an official docu...
Government asks trade bodies, banks to explore opportunities for trade in rupee with more countriesThe government has asked trade bodies and banks to explore opportunities for trade in rupee with more countries after having facilitated ru...
UPL settles case with Sebi; pays Rs 19.5 lakh"The instant adjudication proceedings initiated against the noticee (UPL) vide SCN (show cause notice) dated September 3, 2021 are disposed...
India, Mauritius trade pact may include safeguard mechanism related provisionsThe sources said a chapter on general economic cooperation is also expected to be included in the pact, which is officially termed as Compr...
India-Mauritius to sign comprehensive economic pact in near futureIndia and Mauritius enjoy deep bilateral relations, sustained by historic cultural affinities, frequent high-level political interactions, ...
Cabinet approves trade pact between India, MauritiusThe pact would cover 310 export items for India, including foodstuff and beverages, agricultural products, textile and textile articles, ba...
Mauritius advantage for FPIs will be lost now: TP OstwalMauritius should not fall in this category but they have not taken necessary steps to prevent money laundering through that country, says t...
India-Mauritius FTA nears finalisationNegotiations were held across several sectors including goods, services, rules of origin, technical barriers to trade and sanitary and phyt...
- Bharti Healthcare promoters fined for irregular deals
The Securities and Exchange Board of India (SEBI) has passed a consent order on the promoters of Bharti Healthcare for allegedly making unl...