AGP Executive Report
Last update: 5 hours agoEnergy Security: India and Mauritius signed a landmark oil and gas MoU plus a five-year IndianOil deal with STC for assured supply of petrol, diesel, marine gas oil and aviation turbine fuel—aimed at price stability and stronger energy security for Port Louis. Investment Flows: India’s eased FDI rules for overseas firms with up to 10% Chinese shareholding are already showing results, with 29 proposals worth about Rs 4,895.65 crore reported so far, including investors/entities linked to Mauritius. Capital Markets Watch: SEBI barred Copthall Mauritius Investment and Mansi Share & Stock Broking from India’s market and impounded about Rs 3.68 crore over alleged manipulation tied to the Sensex closing auction session mechanism. IPO Pipeline: Quadria-backed Nobel Hygiene filed draft IPO papers with SEBI for up to Rs 150 crore; Atomberg Technologies also filed for a Rs 450 crore IPO with an OFS. Agriculture Exports: China expanded access for African coffee, including Zambia, via zero-tariff treatment and faster customs “green channel” procedures. Maritime Economy: Mauritius secured UN approval to extend its continental shelf by 145,000+ sq km, strengthening rights over seabed resources and potential rare earths.
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