INDIA MAURITIUS

Piramal family makes good use of new tax favours

Indian billionaire Ajay Piramal, head of Piramal Group.
Indian billionaire Ajay Piramal, head of Piramal Group. © Reuters/Danish Siddiqui
The Indian government's decision last month to reduce taxes for companies based in Mauritius is to be accompanied by lower transparency requirements. The venture capital firm IndiaRF, a JV between the family-run Piramal and Bain Capital, immediately took advantage of the move. [...] (490 words)
Issue dated 22/05/2020 Reading time 2 minutes

Read this article here:

This article may be accessed by subscribers and e-wallet holders (USD 12.50)
Log in to read more

Subscribe or Pay-Per-Article
Discover our offers

New: Sign up for real-time alerts and be notified of new editions!  

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!