Search results for ' Mauritius'

FPIs get relief as dividend tax kept at par with treaty rates

FPIs get relief as dividend tax kept at par with treaty rates

Rediff.com2 Feb 2021

'Rationalising TDS on dividends for FPIs to reduce it to treaty rates ranging from 5 to 15 per cent, depending on the country of residence of FPIs from current rate of 20 per cent will provide a big cash flow relief for FPIs.'

India to supply Covid vaccines to 6 countries as aid

India to supply Covid vaccines to 6 countries as aid

Rediff.com19 Jan 2021

In a tweet, Prime Minister Narendra Modi said India is deeply honoured to be a 'long-trusted' partner in meeting the healthcare needs of the global community and that supplies of the vaccines to several countries will commence on Wednesday, and more will follow in the days ahead.

India losing $10.3 bn per year due to tax abuse

India losing $10.3 bn per year due to tax abuse

Rediff.com22 Nov 2020

India is losing over $10.3 billion (about Rs 75,000 crore) in taxes every year owing to global tax abuse by MNCs and evasion by private individuals, a report said on Friday. The State of Tax Justice report said globally countries are losing a total of over $427 billion in taxes each year to international corporate tax abuse and private tax evasion. This is costing countries altogether the equivalent of nearly 34 million nurses' annual salaries every year -- or one nurse's annual salary every second.

What does merger with LVB mean for DBS Bank chief Piyush Gupta?

What does merger with LVB mean for DBS Bank chief Piyush Gupta?

Rediff.com2 Dec 2020

While Gupta, 60, can rightfully bask in the glory he has achieved for his bank in the subcontinent, his peers in foreign banks will have to revisit their India play, especially the local incorporation model, says Raghu Mohan.

Biden 'looks forward to working closely' with Modi

Biden 'looks forward to working closely' with Modi

Rediff.com18 Nov 2020

According to the Biden-Harris Transition, 'the president-elect noted that he looks forward to working closely with the prime minister on shared global challenges, including containing COVID-19 and defending against future health crises, tackling the threat of climate change, launching the global economic recovery, strengthening democracy at home and abroad, and maintaining a secure and prosperous Indo-Pacific region'.

#ThrowbackThursday: Can you identify this film?

#ThrowbackThursday: Can you identify this film?

Rediff.com17 Sep 2020

It's #ThrowbackThursday time and the perfect opportunity to look at some fabulous flashback filmi pictures on social media.

India, Bangladesh can revive Bay of Bengal dynamism

India, Bangladesh can revive Bay of Bengal dynamism

Rediff.com26 Mar 2021

The South Asian nations could script a new history of cooperation and prosperity that could serve as an example for other nations, notes Dr Rahul Mishra.

Modi, Mauritian PM jointly inaugurate SC building

Modi, Mauritian PM jointly inaugurate SC building

Rediff.com30 Jul 2020

The new Supreme Court building in Port Louis is a symbol of India-Mauritius cooperation and shared values, the prime minister said in his address.

PM directs full preparedness for vaccine distribution

PM directs full preparedness for vaccine distribution

Rediff.com17 Oct 2020

In a statement, the PMO said three vaccines are in advanced stages of development in India, out of which two are in Phase II and one is in Phase-III. It further said Indian Scientists and research teams are collaborating and strengthening the research capacities in neighbouring countries such as Afghanistan, Bhutan, Bangladesh, Maldives, Mauritius, Nepal and Sri Lanka.

Sushant's friend Sandeep made 53 calls to BJP: Congress

Sushant's friend Sandeep made 53 calls to BJP: Congress

Rediff.com30 Aug 2020

Singhvi said Fadnavis and senior BJP leader Nitin Gadkari should answer as to why Ssingh made these many calls to the Maharashtra BJP office and who was his boss.

Bonanza for overseas Indian investors; ODI norms to be eased

Bonanza for overseas Indian investors; ODI norms to be eased

Rediff.com27 Aug 2020

The net outward foreign direct investment went up from $9.1 billion in 2017-18 to $12.6 billion in 2018-19 and moved further north to $13 billion in 2019-20.

ED imposes Rs 100 crore fine on StanChart for FEMA breach

ED imposes Rs 100 crore fine on StanChart for FEMA breach

Rediff.com11 Sep 2020

The investigation under FEMA was taken up by ED based on a reference received from RBI to investigate advance remittances received by certain entities for the purchase of the shares of Tamil Nadu Mercantile Bank through escrow mechanism maintained with Standard Chartered Bank, Mumbai.

Mauritius funds may now be re-routed through Singapore for investments in India

Mauritius funds may now be re-routed through Singapore for investments in India

Rediff.com10 Jul 2018

Singapore is the favoured destination as it has traditionally had a stable fund management regime; also, its tax treaty with India is similar to that of Mauritius

Gold Coast Diary: Mauritius delegate charged with sexual assault

Gold Coast Diary: Mauritius delegate charged with sexual assault

Rediff.com6 Apr 2018

An athlete at the Commonwealth Games is in a 'serious' condition at a Gold Coast hospital after contracting malaria, organisers said on Friday.

CWG: Sexual assault complaint casts pall over Mauritius team

CWG: Sexual assault complaint casts pall over Mauritius team

Rediff.com4 Apr 2018

The Mauritian sports ministry confirmed on Wednesday that chef de mission Kaysee Teeroovengadum had stepped down from his role at the April 4-15 Games after it was alleged he had sexually assaulted women's javelin thrower Jessika Selma Rosun.

Srikant Datar, 2nd Indian to be named Dean of Harvard Business School

Srikant Datar, 2nd Indian to be named Dean of Harvard Business School

Rediff.com10 Oct 2020

Eminent Indian-origin academician Srikant Datar has been named as Dean of Harvard Business School, succeeding Nitin Nohria and becoming the second consecutive dean hailing from India to lead the prestigious 112-year-old institution. Datar, an alumnus of University of Bombay and Indian Institute of Management, Ahmedabad, is the Arthur Lowes Dickinson Professor of Business Administration and the senior associate dean for University Affairs at Harvard Business School (HBS). He will assume charge as the school's next dean on January 1, president Larry Bacow said.

2 Gehlot aides raided amid Rajasthan Congress turmoil

2 Gehlot aides raided amid Rajasthan Congress turmoil

Rediff.com13 Jul 2020

The raids come as Rajasthan is witnessing an intense power tussle between chief minister Ashok Gehlot and his deputy Sachin Pilot.

Power Games in the Indian Ocean

Power Games in the Indian Ocean

Rediff.com17 Feb 2021

India cannot choose its geography and devise regional strategies to dovetail into the Western Indian Ocean hypothesis conceived in the Pentagon, argues Ambassador M K Bhadrakumar.

Adani in talks to buy out GVK, partners in Mumbai airport

Adani in talks to buy out GVK, partners in Mumbai airport

Rediff.com24 Aug 2020

Adani group is in talks to acquire a 50.5 per cent stake held by GVK Group in Mumbai International Airport (MIAL) and another 23.5 per cent of minority partners, Airports Company South Africa (ACSA), and Bidvest Group, two sources with knowledge of the matter said.

Lakshmi Vilas Bank had dug its own grave

Lakshmi Vilas Bank had dug its own grave

Rediff.com4 Dec 2020

Its obsession for growth, chasing corporate clients and giving up its original mandate of meeting the needs of local trade and businesses. A quarter of its loan book has gone bad. That's an error of business strategy, points out Tamal Bandyopadhyay.

When Mallya bought Lewis Hamilton's dad's home

When Mallya bought Lewis Hamilton's dad's home

Rediff.com19 Mar 2021

This property has all the hallmarks of being owned and occupied by Vijay Mallya. A fleet of supercars making their way down the drive, hordes of people descending to party all night long and a constant delivery of goods and services.

FDI from Cayman Islands to India jumps three-fold

FDI from Cayman Islands to India jumps three-fold

Rediff.com9 Jun 2020

Similarly, FDI from Cyprus too increased by about three-times to $879 million in the last financial year from $296 million in 2018-19.

In Charts: FDI inflows revive in FY20, but face Covid test in FY21

In Charts: FDI inflows revive in FY20, but face Covid test in FY21

Rediff.com8 Jun 2020

The inflows came higher in March than in February of 2019-20 despite the lockdown for a week, reports Indivjal Dhasmana.

With Mumbai in pocket, Adani is India's largest private airport operator

With Mumbai in pocket, Adani is India's largest private airport operator

Rediff.com31 Aug 2020

Billionaire Gautam Adani's Adani group on Monday said it has reached an agreement to acquire GVK group's shareholding and control of Mumbai airport.

CBI case may be GVK chief's biggest test yet

CBI case may be GVK chief's biggest test yet

Rediff.com10 Jul 2020

Real estate development on Mumbai airport land and the work on Navi Mumbai airport have been inordinately delayed, which have prompted rating downgrades and raised questions on its financial capabilities. It is also trying to stave off Adani group's entry as a shareholder in the Mumbai airport project.

Sports Shorts: Simran-Ritika win Mauritius Open women's doubles

Sports Shorts: Simran-Ritika win Mauritius Open women's doubles

Rediff.com11 Jun 2018

A summary of sports events and persons who made news on Sunday

UK allows quarantine-free travel to low-risk countries

UK allows quarantine-free travel to low-risk countries

Rediff.com3 Jul 2020

India and the US are among the countries excluded from the list of nearly 60 low-risk countries.

Pranab on Mauritius: 'You are star of the Indian Ocean'

Pranab on Mauritius: 'You are star of the Indian Ocean'

Rediff.com12 Mar 2013

India on Monday promised Mauritius that it will remain a steadfast partner as the two nations advocated a rule-based architecture of global governance that will be a bulwark against challenges such as terrorism.

Black money: Tackling the controversial Mauritius route

Black money: Tackling the controversial Mauritius route

Rediff.com22 Jul 2013

Mauritius is back in the news, and as usual not for the right reasons.

ED books Dr Naresh Trehan, others for money-laundering

ED books Dr Naresh Trehan, others for money-laundering

Rediff.com10 Jun 2020

The Enforcement Directorate (ED) has filed a money-laundering case against renowned cardiologist Dr Naresh Trehan and others in connection with allotment of land for the Medanta Hospital in Gurgaon, officials said on Wednesday.

Why did Sri Lanka snub US?

Why did Sri Lanka snub US?

Rediff.com1 Nov 2020

Any form of entanglement with India or the US on the strategic plane will be anathema to Sri Lanka's Rajapaksa rulers, observes Ambassador M K Bhadrakumar.

PIX: Kavita Kaushik's Mauritius holiday

PIX: Kavita Kaushik's Mauritius holiday

Rediff.com17 Jul 2017

She had an awesome trip!

YES Bank fraud case: Cox & Kings top brass under ED lens

YES Bank fraud case: Cox & Kings top brass under ED lens

Rediff.com9 Jun 2020

The probe agency found irregularities in loans amounting Rs 3,642 crore sanctioned by Yes Bank to the travel firm.

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.

Why Cayman Islands is a big headache for taxmen in India

Why Cayman Islands is a big headache for taxmen in India

Rediff.com1 Jun 2020

Equity inflows worth $3.7 billion came from the sunny Caribbean jurisdiction in 2019-20, a 267 per cent increase from the $1 billion registered in 2018-19 making it India's 10th largest source of FDI.

ED attaches JP Morgan India accounts worth Rs 187 crore

ED attaches JP Morgan India accounts worth Rs 187 crore

Rediff.com28 May 2020

This follows an investigation into alleged violations of foreign exchange rules involving foreign direct investment of Rs 85 crore and Rs 140 crore by JP Morgan India and Amrapali Group firms.

'Why the fuss over hydroxychloroquine?'

'Why the fuss over hydroxychloroquine?'

Rediff.com7 Apr 2020

'India is a pharma dada. We can manufacture enough for our people and for the world.'

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.

FDI rises to $284 bn during 2014-19: FM

FDI rises to $284 bn during 2014-19: FM

Rediff.com1 Feb 2020

Sectors which attract maximum foreign inflows include services, computer software and hardware, telecommunications, automobile and trading.

Have you heard of the Ganga Talao in Mauritius?

Have you heard of the Ganga Talao in Mauritius?

Rediff.com8 Feb 2018

Mauritius beyond the beaches.