Mauritius ready to walk extra mile to sort out tax issues

Last Updated: Sunday, July 7, 2013, 11:53

Committing to walk extra mile to sort out taxation issues, Mauritius Sunday said it was ready with the Tax Information Exchange Agreement (TIEA) and was awaiting response from India.

Mauritius may soon decide on MRPL contract renewal issue

Last Updated: Friday, July 5, 2013, 18:29

Mauritius has conveyed to India that issues regarding renewal of contract with Mangalore Refinery and Petrochemicals Ltd (MRPL) have been sorted out and a final decision in this regard was expected soon.

Mauritius may soon decide on MRPL contract renewal issue

Last Updated: Friday, July 5, 2013, 14:59

Mauritius has conveyed to India that issues regarding renewal of contract with Mangalore Refinery and Petrochemicals Ltd (MRPL) have been sorted out and a final decision in this regard was expected soon.

Mauritius lauds India`s efforts to fight piracy

Last Updated: Thursday, July 4, 2013, 22:27

Mauritius on Thursday lauded India`s contribution in fighting piracy in the Indian Ocean Rim region.

India considering visa on arrival for Mauritius: Sharma

Last Updated: Thursday, July 4, 2013, 18:23

Pitching for liberalised visa regime among Indian Ocean Rim (IOR) members, India Thursday said it is considering visa on arrival facility for citizens from Mauritius and many other countries in the region to boost regional cooperation and trade.

Mauritius says it is not a 'post-box' economy

Last Updated: Sunday, June 30, 2013, 10:34

Facing allegations of being home to 'post box addresses' for round-tripping of funds by Indian entities, Mauritius says it has put in place strongest possible regulatory checks against any illicit flow of funds.

SEBI disposes case against Citigroup Global Markets Mauritius

Last Updated: Tuesday, June 25, 2013, 19:22

In its show cause notice, SEBI had alleged Citigroup Global of purchasing 15.03 crore shares (amounting to 7.87 percent stake) of Cairn India which triggered the obligation for the foreign fund house to make disclosures to the concerned stock exchanges and the company.

SBI sees biz opportunities in Indian firms' Africa plans

Last Updated: Sunday, June 2, 2013, 13:07

SBI Mauritius is a foreign subsidiary of SBI. It began operations here as a joint venture with the country's local banking major State Bank of Mauritius (SBM).

Mauritius warns tax crooks; promises full support to India

Last Updated: Tuesday, May 21, 2013, 14:15

Warning tax 'crooks' of stern action if they try to operate from its soil, Mauritius has promised full support to India in bringing to book any entity trying to indulge in money laundering or round tripping through this island nation.

Essar Energy Mauritius arm to buy 2.4% stake in Essar Oil

Last Updated: Monday, May 20, 2013, 21:02

London-listed Essar Energy plc Monday said its Mauritius-based unit will buy 2.41 percent stake in Essar Oil for over Rs 267 crore.

Mauritius has gone 'extra mile' for India tax treaty: Minister

Last Updated: Sunday, May 19, 2013, 12:36

Hopeful of reaching an agreement soon on the long-pending revision of tax treaty with India, Mauritius says it has gone 'extra mile' to ensure that the pact does not get misused for illicit activities like money laundering and round-tripping of funds.

Mauritius says its banking rules don't allow money laundering

Last Updated: Friday, May 17, 2013, 14:15

Dismissing the perception of Mauritius being a route for round-tripping and laundering of black money to and from India, the country's banking industry body says that the laws governing its banks are too stringent to be abused for illicit activities.