Page 6 - Mauritius

Exim Bank extends $100 mn loan to Mauritius on behalf of India

The loan is for for defense-related procurements

'Feels like homecoming': Jaishankar to Indian diaspora in Mauritius

On Wednesday, Jaishankar visited the Ganga Talao, considered to be the most sacred Hindu place in Mauritius, and offered prayers at the temple

"Feels like homecoming": Jaishankar to Indian diaspora in Mauritius

External Affairs Minister S Jaishankar on Tuesday addressed the Indian diaspora in Mauritius, terming the community a shining example of India's values such as peace, pluralism, shared progress and universal brotherhood. Jaishankar, who arrived here in India's strategically key maritime neighbour in the Indian Ocean region on Sunday night from the Maldives on the last leg of his two-nation tour, met the members of the Indian community during an event and thanked them for keeping the faith and fervour alive in Mauritius. In a tweet, he said: Feels like homecoming. Thank the vibrant Indian community for keeping our faith & fervour alive in Mauritius. A shining example of all that India stands for peace, pluralism, shared progress & universal brotherhood - values more relevant than ever today. "I hail from the South. I am an MP from a Western state. I was born, educated and worked in the North. I represented all of India before the world," he wrote. "India is one. Never run down

India offers $100 mn LoC to Mauritius to help procurement of defence assets

Mauritius is one of India's key maritime neighbours in the Indian Ocean Region and occupies a special place in the Prime Minister's vision of 'SAGAR'

Mauritius seeks India's help for early exit from FATF grey list

Mauritius on Monday sought India's support in facilitating an early exit from the FATF grey list to restore its international reputation

India, Mauritius ink landmark economic cooperation agreement

India on Monday signed a landmark Comprehensive Economic Cooperation and Partnership Agreement (CECPA) with Mauritius

Jaishankar calls on Mauritius ex-PM; briefs him on progress in ties

External Affairs Minister S Jaishankar on Monday called on former prime minister of Mauritius Sir Anerood Jugnauth

India offers $100 mn credit line to Mauritius to procure defence assets

The two countries a signed also Comprehensive Economic Cooperation Partnership Agreement

L&T Construction secures contract for Mauritius Metro corridor

The transportation infrastructure business of L&T Construction has secured an order in the range of Rs 1,000-2,500 crore to extend the mainline corridor of the Mauritius Metro by 3.4 km from Metro Express Limited (MEL), Mauritius.

India grants UAE investment licence with easier norms on compliance

Category-I licence implies lower compliance burden and investment restrictions, simplified KYC norms and documentation requirements

Indian Navy delivers coronavirus vaccines to Mauritius and Seychelles

A Poseidon 8I aircraft of the Indian Navy transported 100,000 doses of coronavirus vaccines to Mauritius and 50,000 doses to Seychelles as part of India's grants assistance

Apr-Sep FDI inflow climbs 15% to Rs 2.2 trillion; Mauritius was top source

Singapore was the second biggest source.

Mauritius war on money laundering gets it closer to exiting FATF grey list

Grey list may have created negative perception among pension, endowment and SWFs. RBI too rejected applications for NBFC licences recently, as investment was routed via Mauritius

US eases Covid-19 travel advisory for Bolivia, raises alert for Mauritius

The State Department also lowered its alert for Bermuda to Level 2, which calls for exercising increased caution

UPL stock tanks after auditor of Mauritius subsidiary steps down

The communication on Thursday said that the auditor of the UPL Corporation (UPL's Mauritius subsidiary), KPMG Mauritius, had resigned with effect from October 8, 2020

RBI's stand on FDI from Mauritius to slow down PE inflows in NBFCs

Some $1-1.5 billion annual inflows in NBFC space likely to be impacted with RBI move

Singapore topples Mauritius in FPI race aided by growth in equity assets

String of regulatory setbacks have hurt Mauritius in the past two years

Japanese ship operator to pay $9 million over Mauritius oil spill

The Japanese operator of a bulk carrier that caused a widespread oil spill off the coast of Mauritius said it will provide $9 million to fund green projects and support the local fishing community

Mauritius arrests captain of Japanese ship that caused oil spill

The MV Wakashio struck a coral reef off the Indian Ocean island on July 25 and began spilling oil on Aug. 6, prompting the government to announce a state of environmental emergency

Mauritius oil spill: People are angry with how the govt has handled it

With 1,000 tons of fuel oil estimated to have already emptied into the lagoon, two ships moved alongside to transfer off remaining fuel in race against time as the vessel threatened to shear into two