AGP Executive Report
Last update: 2 hours agoIndia-Mauritius Energy Deal: India’s IndianOil signed a five-year fuel supply pact with Mauritius’ STC for petrol, diesel, marine gas oil and ATF, while India and Mauritius also inked a G2G MoU to expand oil & gas cooperation and move toward cleaner fuels. Biofuels Cooperation: Energy ministers discussed biofuels and energy security, with Mauritius’ National Biofuel Policy Framework and ethanol blending/SAF know-how on the agenda. FDI Rules Boost (Mauritius-linked): India reported 29 FDI proposals worth ₹4,895.65 crore under eased automatic-route rules allowing up to 10% non-controlling Chinese-linked stakes; filings include entities based in Mauritius, spanning IT, AI, manufacturing, pharma, data centres and transport. IPO Watch (Mauritius investors in India): Skyways Air Services raised ₹174.5 crore from anchor investors ahead of its IPO, with Citi Group Global Markets Mauritius among participants. Market & Compliance: SEBI moved against Copthall Mauritius Investment and Mansi Share & Stock Broking in a Sensex closing-auction manipulation case, impounding ₹3.68 crore. Aviation Connectivity: IndiGo seeks Philippine permit to launch direct India–Manila/Cebu services, building on its recent expansion to Mauritius and Seychelles.
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