GIFT City and GIFT IFSC: insights and updates
Adani invests Rs.1,689 Cr for Ship Leasing Business in IFSC GIFT City
OVERVIEW: Adani Ports and Special Economic Zone Ltd (APSEZ) has proposed a significant investment of Rs.1,689 crore for the establishment of Poseidon Leasing IFSC Ltd, a step down subsidiary company, to operate within…
Read insight →Simplifying the Launching of Scheme or Funds in IFSC, GIFT City
Simplifying the Launching of Schemes or Funds in IFSC, GIFT City OVERVIEW: The International Financial Services Centres Authority (IFSCA) has taken significant steps to simplify Scheme/Fund launches for the fund…
Read insight →Allianz Partners Launches Operation at IFSC, GIFT City
Allianz Partners Launches Operations at IFSC, GIFT City OVERVIEW: France based Allianz Partners announced the launch of its IFSC Insurance Office (IIO Reinsurance Branch) in International Financial Services Centre…
Read insight →Foreign Brokers allowed to operate remotely in IFSC, GIFT City
OVERVIEW- The International Financial Services Centres Authority (IFSCA) has recently issued a significant circular regarding Remote Trading Participants (RTP) on Stock Exchanges within the International Financial…
Read insight →ADB approves $23 million loan to boost GIFT City
OVERVIEW- The Asian Development Bank (ADB) has sanctioned a USD 23 million loan with the Gujrat International Finance Tec-City (GIFT) in India. - According to ADB, Gujarat International Finance Tec-City (GIFT), a…
Read insight →IRB Infra lists $540 Million foreign currency bonds on ′India INX′
OVERVIEW- IRB Infrastructure Developers Ltd (IRB) on February 22 said its board of directors has approved a fundraise of up to $540 million through foreign currency bonds. - The bonds, carrying a coupon rate of 7.11%,…
Read insight →FATF Compliance in IFSC GIFT City
What is FATF? The Financial Action Task Force (FATF) is an inter-governmental body established in 1989 by the Ministers of its Member jurisdictions. The objectives of the FATF are to set standards and promote effective…
Read insight →HDFC Bank secures $750 Million funding from GIFT City IFSC
BACKGROUND : In a recent development, HDFC Bank secured $750 million from the GIFT City International Financial Services Centre (IFSC) in Gandhinagar, Gujarat. The funding was obtained through a combination of USD…
Read insight →GIFT City Tax Benefits Extended by Interim Budget 2024
GIFT City Tax Benefits Extended by Interim Budget 2024 The one-year extension will increase registrations at the GIFT City IFSC INTERIM BUDGET 2024 - KEY HIGHLIGHTS: India’s Interim Budget, 2024 delivered by the Finance
Read insight →Direct Listing of Indian Companies at GIFT City Exchanges
Direct Listing of Indian Companies at GIFT City Exchanges Notification to boost flow of foreign funds into the country OVERVIEW: The Central Government has issued a notification allowing the direct listing of shares of…
Read insight →Green GIFT a Model For Intelligent Urbanisation
Green GIFT a Model For Intelligent Urbanisation GIFT CITY TO GET FIRST HYDROGEN PRICE INDEX WHAT IS GREEN HYDROGEN PRICE INDEX? It is aimed at providing information on actually traded prices for green hydrogen, which is
Read insight →Ancillary Service Providers in IFSC In GIFT City, IFSC
Global Overview: The origins of management consulting can be traced back to the early 20th century. Frederick Winslow Taylor, known as the "father of scientific management," pioneered principles of efficiency and…
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