Mauritius regulator opens office
The Financial Services Commission, Mauritius today said it has opened its representative office in Mumbai, a move that will further strengthen and deepen its partnership with its Indian counterparts. The Financial Services Commission is the integrated regulator for the non-bank financial services sector in Mauritius. The representative of the Commission in India will be PK Kuriachen. He was former Chief General Manager of SEBI and has been closely involved with the Commission over the years. “The setting up of the FSC Mauritius office in Mumbai will enlarge the scope of collaboration between both the regulators,” said S
Ravindran, Executive Director of SEBI. The country’s top 12 major ports have recorded a growth of 3.46 per cent in cargo traffic during April-November 2017 handling 439.66 million tonnes (mt) cargo, the government said today. The highest growth was registered by Cochin Port (17.93 per cent), followed by Paradip (13.13 per cent), Kolkata (12.64 per cent), New Mangalore (7.07 per cent) and JNPT (5.69 per cent), the statement said.