 |
 | |
 |
Beachcomber opens spa within ancient Banyan treeBeachcomber Hotels has opened five spa treatment rooms at its Le Canonnier hotel in Mauritius, built within and around an ancient Banyan tree. The 9sq m (96sq ft) rooms four singles and one double were created at a cost of 7m Mauritian Rupees (113,000, US$215,000, 168,000 euro) by local architect Maurice Giraud who has worked with Beachcomber on a number of previous projects. A spokesperson for the hotel group said: Located on an exclusive peninsula, Le Canonnier is set in seven hectares of landscaped gardens, including its famed water gardens - a favourite haven for guests to practise yoga with the hotels yoga trainer, or in peaceful solitude. The five new treatment rooms have been built into the tree but without creating any risk of damage. read more. Real estate fund for foreign participation approvedNew Delhi, Sep 7 : The Indian cabinet Thursday gave nod to a proposal of the Housing Development Finance Corporation (HDFC) for a $720 million fund that will invest in the country's real estate with foreign participation.A meeting of the cabinet committee on economic affairs, chaired by Prime Minister Manmohan Singh, gave its approval to the Mauritius-based India Offshore Real Estate Investments of HDFC to invest in a designated fund for real estate business.The investment will be made in units issued under a new scheme called the HDFC International Real Estate Fund that has been floated by HDFC Property Fund - an investment arm of the financial institution for real estate business.Money raised by the scheme, for which HDFC is targeting foreign institutional investors, high net worth individuals and non-resident Indians will be invested in Indian real estate companies with foreign participation, an official said.The investments would be subject to the policies on foreign investment in the real estate sector, which include a ban on repatriation of funds before three years of minimum capitalisation, the official added.In March 2005, HDFC had announced its foray into the real estate fund business with the launch of HDFC Property Fund in association with the State Bank of India.The seven-year close-ended fund was privately placed and raised Rs.10 billion to be invested in equity and equity-linked instruments of Indian firms engaged primarily in real estate projects in major cities. read more. Mauritius: Trauma for Young Lesbians on Island of Sun, Sea and ...Homosexuality is banned in all African countries, with the exception of South Africa. Even there, where sexual orientation is protected by the Constitution, gays are often subjected to violence and taunts. This story of two young women takes place in Mauritius, the island that prides itself on having one of the most mature democracies in the region and advertises itself as the island of "sun, sea and sand." That freedom turned to trauma for two young women whose only crime is their passionate love affair. Twenty-year old Gemma, beautiful and in full control of all her faculties, was sent to a mental hospital by the same people who are supposed to protect her. Put under lock and key with mentally ill patients for three long days and two sleepless nights, she was not allowed visitors and had to use her imagination so as not to become as unbalanced as her fellow inmates. read more. HDFC gets nod for $720 mn overseas real estate fundNew Delhi, Sep 7 (IANS) Indian cabinet Thursday gave its nod to a proposal of the Housing Development Finance Corporation (HDFC) for a $720-million fund that will invest in the country's real estate space with foreign participation. A meeting of the cabinet committee on economic affairs, chaired by Prime Minister Manmohan Singh, gave its approval to the Mauritius-based India Offshore Real Estate Investments of HDFC to invest in a designated fund for real estate business. The investment will be made in units issued under a new scheme called the HDFC International Real Estate Fund that has been floated by HDFC Property Fund - an investment arm of the financial institution for real estate business. Money raised by the scheme, for which HDFC is targeting foreign institutional investors, high net worth individuals and non-resident Indians will be invested in Indian real estate companies with foreign participation, an official said. read more. India in talks with Mauritius on double taxation treatyThe government has said that it is in negotiation with Mauritius to review the double taxation avoidance treaty to plug its misuse, reports agency sources. Central Board of Direct Taxes spokesperson A K Sinha said, `Mauritius has agreed for discussion, including the review of the treaty.Similar treaties with other countries, including the one being negotiated with Singapore, cannot be compared with Mauritius.` The treaty gives capital gains exemption for investment routed via Mauritius. India-Singapore Double Tax Avoidance Treaty has a similar provision, but tax exemption is only for bonafide businesses. Recently, Mauritius finance minister Ramakrishna Sithanen on an official visit to India said he was willing to co-operate with India to prevent misuse of the treaty. read more.There isn't much sense for going to your library for Bank Chartered Mauritius Offshore Standard resources if you have a unfailing tie-in to the world wide web from your own house. We are working hard to deliver the most relevant content matter on the internet to you in a single convenient location. Our site was written to be informative and informative. The most up to date instruction related to Bank Chartered Mauritius Offshore Standard will assist you and help you in enlarging your awareness level. |
Can't find what you're looking for?