India’s market regulator, the Securities and Exchange Board of India (SEBI) is investigating a possible violation of ‘related party’ transaction rules in India’s Adani Group‘s dealings with at...
The SBM Group has delivered strong financial results, with profit attributable to equity holders of the parent more than doubling to attain Rs3.6 billion for the...
The Competition Commission of Mauritius (CCM) has imposed fines totalling Rs1.4 million on five producers of deer in Mauritius, found to have breached section 41 of...
SBM Bank India, the wholly-owned subsidiary of State Bank of Mauritius (SBM), has blocked all commercial credit cards it was offering in association with fintech companies...
United Docks Ltd (UDL) has successfully completed the Rights Issue of 7,411,485 new ordinary shares of par value Rs10 each at a price of Rs55.00 per...
The African Development Bank Group has approved $147 million (over Rs6.7 billion) in subordinated debt to the Mauritius Commercial Bank Ltd to enhance its capital base...
The Competition Commission has suspended the proceedings in the matters of alleged collusion by the United Investments Ltd (UIL) in respect of the supply of fertilisers....
ABC Banking Corporation Ltd is reportedly among the front runners in the race to acquire the retail operations of its competitor HSBC, l’Express reported. HSBC has...
Lottotech Ltd, the operator of the Mauritius National Lottery on behalf of the Government of Mauritius, has posted revenue of Rs1.47 billion for the year ended...
Eight commercial banks that allegedly speculated on the foreign exchange market, hoarded forex or failed to adjust their exchange rates, will be slapped with monetary fines,...