Govt allows direct listing of shares of Indian firms on GIFT City's exchanges
New Delhi: The government on Wednesday officially announced the direct listing of shares for Indian companies on the exchanges at GIFT City.
REC raises USD 1.15 Billion through syndicated term loans
New Delhi: Maharatna Central Public Sector Enterprise REC Limited has successfully raised USD 1.15 Billion in August 2023.
Expert committee makes recommendations to prevent externalisation of Indian starts ups
New Delhi: A committee of experts focusing on understanding the reasons behind the externalization of Indian start-ups recently submitted its report to IFSCA.
Legal framework for accounting and taxation professionals in GIFT City soon: Sitharaman
Gandhinagar: Union Finance Minister Nirmala Sitharaman on Saturday said that a comprehensive legal framework for accounting and taxation professionals will soon be in place to enable them to provide services to the world, making GIFT City the global hub for accounting and financial back-office functions.
RBI allows International Banking Units in Gujrat's GIFT City to settle NDDCs in INR
Mumbai: The Reserve Bank on Tuesday allowed international banking units (IBUs) located in GIFT City, Gujarat, to settle non-deliverable foreign exchange derivative contracts (NDDCs) using the Indian rupee.
Kolkata: Senco Gold & Diamonds has announced that it became the first Qualified Jeweller from East India to import gold on India International Bullion Exchange (IIBX) post ICEGATE integration.
Gandhinagar: IndusInd Bank on Wednesday said that its GIFT City IBU branch has entered into a $100 million long-term loan agreement with the Japan Bank for International Cooperation (JBIC).
NSE IFSC to start trading 8 premium US stocks from tomorrow
Indian investors will now be able to invest in shares of US-based companies like Amazon, Tesla, Alphabet, Meta Platforms, Microsoft, Netflix, Apple and Walmart, starting March 3.
India, UK stand united to deepen financial services ties
New Delhi/UNI: India and the United Kingdom will deepen their financial services relationship, focusing on banking, insurance and capital markets.