Browsing Tag
gift city
Sobha Q3 sales bookings rise 36 pc to Rs 1,425 cr; clocks highest quarterly sales in…
Bengaluru-based realty firm on Friday reported a 36 per cent growth in its sales bookings to Rs 1,424.7 crore for the quarter ended December 2022 on strong revival in demand. In a…
PM Modi to launch international bullion exchange on July 29
Prime Minister Narendra Modi will launch the country's first international bullion exchange at Gujarat International Finance Tec-City (GIFT City) on Friday.He will also lay the foundation…
Trading in global stocks through GIFT IFSC: A win-win proposition
International equity exposure offers a great diversification opportunity for investors. As different markets rarely move in tandem, especially over the medium to long term, underperformance…
NSE IFSC completes physical settlement of US stocks
New Delhi: NSE International Exchange (NSE IFSC) on Tuesday announced the first physical settlement of US stocks in the form of unsponsored depository receipts at IFSC in GIFT City. This is…
Novelis to raise $300-350 mn from Axis Bank in GIFT City
MUMBAI: Novelis, the overseas subsidiary of , is raising about $300-350 million in offshore loans from Axis Bank, seeking to trim multiple credit lines through part repayment of earlier…
Nirmala Sitharaman announces clearance of two proposals of IFSCA at GIFT City in…
Union Finance Minister Nirmala Sitharaman announced clearance of two proposals worth Rs 469 crore of the International Financial Services Centres Authority (IFSCA) at GIFT City here during…
Bullion Exchange, Birla MF, Grant Thornton enter GIFT City
MUMBAI: India International Bullion Exchange, Aditya Birla Sun Life AMC, Grant Thornton and Mumbai-based Abans Investment are the latest entities applying for licences to operate from…
View: IFSC can act as a stepping stone for insolvency reforms
International Finance Service Centre (IFSC) at Gujarat International Finance Tec (Gift) City, a Special Economic Zone (SEZ), was conceptualised to create an offshore jurisdiction in India.…