Page 6 - Mauritius

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

Carrier that ran aground, spilled oil off Mauritian coast breaks up

The bigger part which was lying outside the lagoon is being towed toward the high seas," the shipping ministry spokesman Jasvin Sok Appadu said over the phone

Almost all oil removed from damaged Japanese ship, says Mauritius' PM

"At the time I'm talking to you, almost all the oil has been removed from the ship," Pravind Jugnauth told reporters, according to remarks shared by his office

Mauritius seeks compensation from ship owners as oil cleanup continues

Mauritius says it is seeking compensation from the owners of a Japanese ship that spilled oil after it grounded in the shallow waters off the Indian Ocean island nation

In pictures: Mauritius oil spill in Indian Ocean

Urgent efforts increased in Mauritius on Monday to empty a stranded Japanese ship of an estimated 2,500 tons of oil before the vessel breaks up

Race in Mauritius to empty 2,500 tons of oil before tanker breaks up

Urgent efforts increased in Mauritius on Monday to empty a stranded Japanese ship of an estimated 2,500 tons of oil before the vessel breaks up

Grounded Mauritius ship operator apologises for oil leak in Indian Ocean

The operator of a Japanese bulk carrier which ran aground off Mauritius in the Indian Ocean apologised on Sunday for a major oil spill

Oil spill threatens ecological disaster as Mauritius declares emergency

Greenpeace says the spill was to likely to be one of the most terrible ecological crises that Mauritius has ever seen