The Sun Resorts Limited (Mauritius) fared reasonably well despite adverse economic factors affecting the main European markets, while the Maldives operations continued to improve. This was stated by the chief executive officer (CEO) of Sun Resorts Limited (SRL), Fabio Felice Piccirillo during an analyst meeting held on Monday at Ebène Skies building. He added, “We [...]

During the annual general meeting of the Association of Chartered Certified Accountants (ACCA) of Mauritius, the members confirmed the continuation of the projects of the organisation in Mauritius. During the past year, the office of ACCA Mauritius, the network panel and the ACCA members have actively participated in the economic and social life of the [...]

India will lose vital foreign investment if state-run Norwegian telecom giant Telenor has to exit the country nursing multi-billion-dollar losses, a Norwegian minister warned on Saturday. Telenor, which has a strong balance sheet, can absorb the $3 billion investment write-off it would face if it quits India due to telecom licensing problems, Trade Minister Trond [...]

In its financial statements posted for the second quarter ended March 31, Rogers and Company Limited (Rogers) recorded a decrease in profit after tax (PAT) to Rs 91 million compared Rs 119 million in the corresponding quarter of 2011, and a decline in group revenue to Rs 2.5 billion compared to Rs 3 billion in [...]