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Latest Mauritius Finance News

  • China May Use Mauritius As A Gateway To Africa 12 May 2008 06:55 GMT
    ... China May Use Mauritius As A Gateway To Africa, The People's ... with the Deputy Prime Minister, Minister of Finance and Economic Development, Mr. Rama Sithanen, the delegation ... Chinese delegation and Mr. Sithanen were trade, investment, economic, political and cultural relations between the ...

  • A new approach to owning property 12 May 2008 02:10 GMT
    ... ruined the image of time-sharing as an investment vehicle, proponents of the concept have addressed ... Thailand, such as Hong Kong, Singapore and Mauritius. ''We are also seeing this as an ...

  • 3 govt banks to part-fund Tata Motors' JLR buy 11 May 2008 19:12 GMT
    ... Leading Indian public sector banks State Bank of India ... that Tata Motors has to raise to finance the acquisition of Jaguar and Land Rover from ... in the reckoning include State Bank of Mauritius, ING Bank, JP Morgan, and Citibank. The ...

  • Kingdom Hotel Investments announces 2007 financial performance 11 May 2008 09:00 GMT
    ... confirmed the effectiveness of our strategy and investment selection.” “This strong performance has continued into ... We expect to complete the Four Seasons Mauritius and Four Seasons Beirut properties later this ...

  • Advance Frontier seeks more assets 11 May 2008 04:31 GMT
    ... countries such as Bangladesh, Botswana, Croatia, Kuwait, Mauritius and Vietnam. The group said these countries ... investor and media interest as our experienced investment management team has delivered NAV growth during ...

  • NBK Group signs deal to sell marine products 11 May 2008 01:10 GMT
    ... Bahrain, Egypt, Jordan, Saudi Arabia, Kuwait, Maldives, Mauritius, Oman, Pakistan, Qatar, Seychelles and the UAE. ... considerable extent to choose the best in investment, innovation, customer satisfaction and luxury. Venturing into ...

  • du Invests in $700m Europe India Gateway Undersea Cable System 10 May 2008 08:35 GMT
    ... Explaining the need for such a strategic investment, Osman Sultan, CEO, du, said: “The project ... Libyan Post, Telecom, and Information Technology Company; Mauritius Telecom; MTN Group Ltd; Omantel; PT Comunicações, ...

  • Mauritius: Private Colleges Press For Per Capita Grants At Par With State Schools [analysis] 10 May 2008 04:40 GMT
    ... not the same and depends on several factors like, for instance, school population, infrastructure, investment made, availability of facilities and subjects offered. In 2005, the school with the lowest ...

  • Mauritius: "The Modern Mauritian Reduced Now to a Confused Bundle of Uncertainties" [interview] 10 May 2008 04:40 GMT
    ... There has been a spate of heinous crimes recently. Shakuntala ... of its multinational actors and events makes Mauritius dive for cover and gasp for air. ... case basis. For example, the ministry of Finance will need to support and sponsor basic food ...

  • Rs 9,000 crore FDI cleared 9 May 2008 22:34 GMT
    ... invest in the permitted downstream activities, including investment in power sector and coal mining for ... for captive consumption for power projects,” the finance minister, Mr P Chidambaram, said after the CCEA meeting, chaired ... Rakindo, and another subsidiary Rakeen Private Ltd, based in Mauritius, would invest in the Indian company to ...

  • Govt clears Essar's plans 9 May 2008 21:05 GMT
    ... to Rs 8,000 crore as foreign direct investment. The approval was announced by Finance Minister P Chidambaram today after a meeting of ... and wholly owned subsidiary Rakeen Private Ltd, Mauritius, to undertake downstream investments in Indian infrastructure ...

  • India Globalization Capital, Inc. ('IGC') Appoints New Auditors 9 May 2008 20:47 GMT
    ... India Globalization Capital, Inc. ('IGC') Appoints New Auditors India ... Our operations are based inIndia with offices inMaryland,Mauritius, Nagpur,Cochin,Delhi andBangalore, India. Copies of the Form ... © 2008, NewsBlaze, Tags: Tags: Banking and Finance, National, maryland India Globalization Capital, Inc. (`IGC`) Appoints ...

  • Promethean India invests Rs 4 crore in US firm 9 May 2008 19:26 GMT
    ... Promethean India, listed on the Alternative Investment Market, said it has invested $1 million ... a strategic stake. Promethean invested through its Mauritius-based subsidiary Promethean Indian Investments Fund 1 on ...

  • Shree Precoated in talks for Rs700 crore private equity deal 9 May 2008 18:34 GMT
    ... investors including ICICI Venture Ltd, said an investment banker associated with the deal, who did ... investors own 12%, with Citigroup Global Markets Mauritius Pvt. Ltd holding 1.18%, Merrill Lynch Capital ... 17.5% in 2008 and many real estate stocks are quoting at a much lower price compared ...

  • New shares for frontier markets fund 9 May 2008 16:50 GMT
    ... countries such as Bangladesh, Botswana, Croatia, Kuwait, Mauritius and Vietnam. Commenting on the new tranche ... Dr Slim Feriani, managing director and chief investment officer at Progressive Developing Markets, said: “The ...

  • India rediscovers Africa, joins China in a hot race 9 May 2008 14:52 GMT
    ... (PIO) in South Africa, East Africa and Mauritius is proof of this historical bond. This ... 2002-2003 to 8% in 2006-2007. India´s official investment in Africa stands at $2billion in addition ... Extended $ 30 million in credit to finance Indian Exports to Africa. Does Africa offer a ...

  • India approves Essar Power's 80 bln rupee investment plans 9 May 2008 13:32 GMT
    ... India approves Essar Power's 80 bln rupee investment plans India approves Essar Power's 80 bln ... Arab Emirates, and/or its Rakeen Private Ltd, Mauritius, unit. The newly formed company will invest ...

  • Promethean India invests $1 mn in US-based Obopay 9 May 2008 13:31 GMT
    ... Promethean India Plc listed on the Alternative Investment Market on Friday said it has invested ... a strategic stake. Promethean invested through its Mauritius-based subsidiary 'Promethean Indian Investments Fund 1' on ...

  • Gold: Why the Bull Market is Far From Over 9 May 2008 13:31 GMT
    ... that further losses and write-downs on prime mortgages, commercial real estate, leveraged loans, and consumer finance are likely.    The IMF's Global Financial ... offer to purchase or subscribe for any investment. Gold Forecaster/Julian D.W. Phillips have based this ...

  • Rakeen`s US$250mn FDI plan gets Govt approval 9 May 2008 12:09 GMT
    ... Hamra and/or its wholly owned subsidiary Rakeen, Mauritius for setting up a wholly owned holding ... series). Rakindo proposes to act as an investment holding company of Rakeen which will invest ...

  • Essar Power gets CCEA nod for FDI 9 May 2008 10:29 GMT
    ... invest in the permitted downstream activities, including investment in power sector and coal mining for ... mining for captive consumption for power projects,†Finance Minister P Chidambaram said after a meeting of ... the Essar Group and is incorporated in Mauritius. Essar Global Limited (EGL), a company incorporated ...

  • Mauritius Indians in search of their roots in Bihar 9 May 2008 04:42 GMT
    ... Mauritius Indians in search of their roots in ... with Bihar also showing interest in attracting investment from Mauritius, the ordinary people are keen ...


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