Offshore Fund
- All
- News
- Videos
-
"Not Domiciled Here": Mauritius Financial Services Commission On Fund At Heart Of Hindenburg Allegation Against SEBI Chief
Financial Services Commission of Mauritius on Tuesday said the offshore fund at the heart of the conflict of interest allegation Hindenburg Research levelled against Sebi chief is not domiciled in the Island nation.
-
Kotak Bank Falls On Allegation It Set Up Fund To Short Sell Adani Enterprises
Shares of Kotak Mahindra Bank Ltd. fell on Tuesday after short-seller Hindenburg Research, in its response, alleged that Kotak Mahindra Investment Ltd. had created and oversaw an offshore fund structure to bet against Adani Enterprises Ltd.
-
Explained: Mystery Of Byju's 'Hidden' $533 Million Stuck In Offshore Trust
Edtech firm Byju's parent company, Think & Learn Pvt, has found itself embroiled in a complex web of financial mismanagement, offshore dealings, and legal disputes. At the centre of it is $533 million and a Florida hedge fund.
-
Interim Budget 2024: India's Interim Budget Focuses On Green Economy, Climate Investments
Interim Budget 2024: In an effort to achieve net-zero carbon emissions, India will solarise rooftops of one crore households and provide viability gap funding for harnessing offshore wind energy potential with an initial capacity of one gigawatt
-
Offshore Online Gaming Companies in India Mandated to Register Their Business
The Indian government has mandated offshore online gaming companies operating in the country to register the business locally or appoint a representative to pay tax on funds collected from customers. The move to tax online gaming companies has shocked the nascent $1.5 billion (nearly Rs. 12,430 crore) industry, which is backed by global investors.
-
SEBI Disagrees With Supreme Court-Appointed Expert Panel On Adani Row
The capital markets regulator SEBI today told the Supreme Court that its 2019 rule changes do not make it tougher to identify beneficiaries of offshore funds, and action will be taken if any violation is found.
-
Binance CEO's Trading Firm Received $11 Billion via Client Deposit Company, Claims SEC
Merit Peak, an offshore trading company controlled by Binance CEO Changpeng Zhao, received around $11 billion (nearly Rs. 90,890 crore) of client assets through a Seychelles-based firm set up to take customer deposits, a US Securities and Exchange Commission filing shows. The SEC filing, which on Tuesday asked a US court to freeze Binance's US asse...
-
Tata Motors Raises $425 Million In Offshore Bonds To Pare Debt
Tata Motors confirmed the fund raising and said it will use $318 million of proceeds to refinance existing loans and the rest for corporate expenses.
-
Another Source Of Cash Dries Up For Indian Companies Amid Virus Crisis
The Covid-19 crisis has further crimped options for foreign-currency funding, worsening a credit crunch sparked by the collapse of shadow lender IL&FS in 2018.
-
Crisis Among Shadow Banks Pushes Up Funding Costs Overseas: Report
India's slowest economic growth in six years has prompted predictions for deeper interest-rate cuts, but that's yet to translate into easier borrowing conditions at home for the shadow lenders.
-
Sebi Eases Norms For Foreign Portfolio Investors
The Sebi in its board meet on Wednesday also decided to allow offshore funds of Indian mutual funds (MFs) to invest as FPIs.
-
Government To Plan $10 Billion Global Bond Sale In October: Report
Finance Minister Nirmala Sitharaman announced the offshore bond sale plan in the annual budget, amid shrinking options to raise funds to boost spending on infrastructure.
-
Illegal Overseas Assets Of "Thousands Of Indians" Under Scanner: Report
The Income Tax Department has launched a major operation to investigate cases of illegal funds and properties stashed abroad by Indians and may invoke the new anti-black money law for strict criminal action in many such cases, officials said on Monday.
-
Good Days For India Inc In Foreign Loan Market May Soon End: Report
Companies may get cheaper borrowing costs through the club arrangements. But doing so makes them reliant on a smaller group of banks, creating the risk that any shift in those lenders' willingness to extend funds could hamstring the firms.
-
China And India Compete In New Area: Abu Dhabi Oil Fields
A stake in the offshore oil concession that's set for renewal in March would mark a second big win of crude development rights in the emirate for China National Petroleum Corp.
-
"Not Domiciled Here": Mauritius Financial Services Commission On Fund At Heart Of Hindenburg Allegation Against SEBI Chief
Financial Services Commission of Mauritius on Tuesday said the offshore fund at the heart of the conflict of interest allegation Hindenburg Research levelled against Sebi chief is not domiciled in the Island nation.
-
Kotak Bank Falls On Allegation It Set Up Fund To Short Sell Adani Enterprises
Shares of Kotak Mahindra Bank Ltd. fell on Tuesday after short-seller Hindenburg Research, in its response, alleged that Kotak Mahindra Investment Ltd. had created and oversaw an offshore fund structure to bet against Adani Enterprises Ltd.
-
Explained: Mystery Of Byju's 'Hidden' $533 Million Stuck In Offshore Trust
Edtech firm Byju's parent company, Think & Learn Pvt, has found itself embroiled in a complex web of financial mismanagement, offshore dealings, and legal disputes. At the centre of it is $533 million and a Florida hedge fund.
-
Interim Budget 2024: India's Interim Budget Focuses On Green Economy, Climate Investments
Interim Budget 2024: In an effort to achieve net-zero carbon emissions, India will solarise rooftops of one crore households and provide viability gap funding for harnessing offshore wind energy potential with an initial capacity of one gigawatt
-
Offshore Online Gaming Companies in India Mandated to Register Their Business
The Indian government has mandated offshore online gaming companies operating in the country to register the business locally or appoint a representative to pay tax on funds collected from customers. The move to tax online gaming companies has shocked the nascent $1.5 billion (nearly Rs. 12,430 crore) industry, which is backed by global investors.
-
SEBI Disagrees With Supreme Court-Appointed Expert Panel On Adani Row
The capital markets regulator SEBI today told the Supreme Court that its 2019 rule changes do not make it tougher to identify beneficiaries of offshore funds, and action will be taken if any violation is found.
-
Binance CEO's Trading Firm Received $11 Billion via Client Deposit Company, Claims SEC
Merit Peak, an offshore trading company controlled by Binance CEO Changpeng Zhao, received around $11 billion (nearly Rs. 90,890 crore) of client assets through a Seychelles-based firm set up to take customer deposits, a US Securities and Exchange Commission filing shows. The SEC filing, which on Tuesday asked a US court to freeze Binance's US asse...
-
Tata Motors Raises $425 Million In Offshore Bonds To Pare Debt
Tata Motors confirmed the fund raising and said it will use $318 million of proceeds to refinance existing loans and the rest for corporate expenses.
-
Another Source Of Cash Dries Up For Indian Companies Amid Virus Crisis
The Covid-19 crisis has further crimped options for foreign-currency funding, worsening a credit crunch sparked by the collapse of shadow lender IL&FS in 2018.
-
Crisis Among Shadow Banks Pushes Up Funding Costs Overseas: Report
India's slowest economic growth in six years has prompted predictions for deeper interest-rate cuts, but that's yet to translate into easier borrowing conditions at home for the shadow lenders.
-
Sebi Eases Norms For Foreign Portfolio Investors
The Sebi in its board meet on Wednesday also decided to allow offshore funds of Indian mutual funds (MFs) to invest as FPIs.
-
Government To Plan $10 Billion Global Bond Sale In October: Report
Finance Minister Nirmala Sitharaman announced the offshore bond sale plan in the annual budget, amid shrinking options to raise funds to boost spending on infrastructure.
-
Illegal Overseas Assets Of "Thousands Of Indians" Under Scanner: Report
The Income Tax Department has launched a major operation to investigate cases of illegal funds and properties stashed abroad by Indians and may invoke the new anti-black money law for strict criminal action in many such cases, officials said on Monday.
-
Good Days For India Inc In Foreign Loan Market May Soon End: Report
Companies may get cheaper borrowing costs through the club arrangements. But doing so makes them reliant on a smaller group of banks, creating the risk that any shift in those lenders' willingness to extend funds could hamstring the firms.
-
China And India Compete In New Area: Abu Dhabi Oil Fields
A stake in the offshore oil concession that's set for renewal in March would mark a second big win of crude development rights in the emirate for China National Petroleum Corp.
