Page 3 - Gift City

Overture from foreign varsities in response to education policy push

While foreign universities are still non-committal on setting up campuses here, more delegations of higher education experts are expected to visit India to explore possibilities accorded by the NEP

Dominance won't fade even if obligatory cession is zero: GIC Re chairman

'In the Indian market, the four big businesses are motor, health, fire, and agri'

Japanese lender MUFG Bank to set up a branch in GIFT City, sixth in India

In March 2022, Japanese lender MUFG announced the setting up of an investment fund totaling $300 million for start-ups in India

Sitharaman meets CFLI vice chair, discusses vision of developing GIFT City

Sitharaman met Mary Schapiro, vice chairman of the Climate Finance Leadership Initiative (CFLI) on Tuesday (local time) and spoke about her vision of developing GIFT City.

ICICI Bank, Gift City to pitch Gift SEZ to Indian, global businesses

GIFT SEZ is the country's first International Financial Services Centre (IFSC) which is being developed as a global financial services hub

GIFT City's aircraft leasing business struggles amid confusing rules

Despite generous tax breaks, opaque and confusing rules have companies struggling to get off the ground

For international investing, you must begin with ETFs and index funds

As for stock investing, depository receipts offer better protection while international broker route offers more choices

Investing in global stocks through IFSC: Here's what investors should know

A certain number of NSE IFSC depository receipts are required to make up one underlying share

Top headlines: Tata group to take over Air India, Fed flags rate hike

The government is likely to put several non-strategic public sector undertakings on the block next year. More on that in top headlines.

GIFT City draws big players with biz sops; banks, PEs register with IFSCA

Twenty foreign and Indian banks are now part of the IFSC ecosystem

Bulking up IFSC: A wide-ranging expansion of its remit expected in Budget

FY23 will be aimed at making IFSC the centre to use rupee as a freely convertible currency

Nippon MF, Birla Sun Life receive approval to start PMS at GIFT City

With this, AMCs will be able to offer global funds, NRIs and others investing into India investment management and advisory services

Q3 sales updates, new launches point to strong outlook for realty stocks

Street expects sales momentum to continue despite the concerns on Omicron

GIFT city regulator seeks comments on draft insurance web aggregator rules

The public and stakeholders comments on the draft regulations have to be submitted by December 20

FM announces clearance of two proposals of IFSCA at GIFT City in Gujarat

Nirmala Sitharaman also underlined the central government's commitment to make GIFT City a world-class fintech hub as stated in the Union Budget 2021-22

FM to lead a team of 7 secretaries for discussions at GIFT City on Saturday

The role of GIFT-IFSC as gateway to global financial services for Indian corporates within India, attracting global financial business to India will be discussed

PM Narendra Modi to inaugurate IFSCA's InFinity Forum on Dec 3

IFSCA is a unified authority for the development and regulation of financial products, financial services and financial institutions in the International Financial Services Centres (IFSCs) in India

FM Sitharaman to lead a team of secretaries for discussions at GIFT City

Talks are likely to revolve around role of GIFT-IFSC as a gateway to global financial services for Indian companies, attracting global financial business to India, and growth as a fintech global hub

NSE-SGX Gift City connect could go live around Vibrant Gujarat next Jan

Nifty derivatives contracts are among the most traded on the SGX

Four platforms get IFSCA licence for factoring business at Gift City

These in-principle licences were issued by the IFSCA last Friday to start working through sandbox facilities before formal business