Business Standard

Page 3 - Gift City

Regulator unveils framework for lawyers, consultants and others at GIFT

Circular covers eligibility and other norms for providing ancillary services in such centres

Regulator unveils framework for lawyers, consultants and others at GIFT
Updated On : 11 Feb 2021 | 11:33 PM IST

GIFT to Gujarat: Can the state become the next Ireland of aircraft leasing?

Companies already enjoy a 10-year tax holiday on income and profit in GIFT. Sitharaman's proposal to not tax capital gains incomes could further sweeten the deal for those wanting to exit Ireland

GIFT to Gujarat: Can the state become the next Ireland of aircraft leasing?
Updated On : 01 Feb 2021 | 6:25 PM IST

Budget 2021 offers tax sops for aircraft leasing in GIFT City

Tax holiday on capital gains, tax exemption for aircraft lease rentals paid to foreign lessors

Budget 2021 offers tax sops for aircraft leasing in GIFT City
Updated On : 01 Feb 2021 | 3:43 PM IST

HSBC inaugurates international banking unit at GIFT City in Gujarat

Global financial services major HSBC on Tuesday inaugurated its International Banking Unit (IBU) branch at GIFT City near Gandhinagar city in Gujarat.

HSBC inaugurates international banking unit at GIFT City in Gujarat
Updated On : 26 Jan 2021 | 10:29 PM IST

Sebi's regulatory cap on NRI investments may affect AIFs GIFT move

Many draw their funds from overseas Indians looking to invest in their home country

Sebi's regulatory cap on NRI investments may affect AIFs GIFT move
Updated On : 08 Jan 2021 | 12:14 AM IST

GIFT City may have single bullion exchange after regulator's nudge

3 exchanges are working towards a common platform and also competing together for international biz

GIFT City may have single bullion exchange after regulator's nudge
Updated On : 07 Jan 2021 | 8:35 PM IST

BSE, NSE, MCX gear up for India's first bullion exchange at Gift City

The remaining share capital may be acquired or held by any other person with a maximum cap of 5 per cent per investor.

BSE, NSE, MCX gear up for India's first bullion exchange at Gift City
Updated On : 14 Dec 2020 | 6:05 AM IST

IFSCA wants GIFT City bullion exchange to open for domestic investors

In talks with RBI for being included in LRS; may ask FinMin to intervene

IFSCA wants GIFT City bullion exchange to open for domestic investors
Updated On : 12 Nov 2020 | 6:05 AM IST

Quit from here, then join, Sebi tells 350 officers seeking IFSCA deputation

Rejects all 350 applications; Newly formed unified authority International Financial Services Centres Authority (IFSCA) regulates govt's pet project GIFT city institutions

Quit from here, then join, Sebi tells 350 officers seeking IFSCA deputation
Updated On : 25 Sep 2020 | 10:59 PM IST

NSE, Singapore bourse to end arbitration case, finalise derivatives tie-up

The launch date for the new NSE IFSC-SGX Connect has not been decided yet

NSE, Singapore bourse to end arbitration case, finalise derivatives tie-up
Updated On : 22 Sep 2020 | 8:02 PM IST

Expert panel suggests making GIFT city a gateway for global investors

Committee says IFSC should aim at providing Indian diaspora and individuals from Asia and Africa with full range of financial services, serve residents availing liberalised remittance scheme

Expert panel suggests making GIFT city a gateway for global investors
Updated On : 21 Sep 2020 | 9:02 PM IST

India takes on Asia's foreign exchange hubs for rupee trade with GIFT City

India's policymakers have been increasingly concerned about the growing heft of the rupee trades in venues overseas, and GIFT City as the hub is known, seeks to fill that gap

India takes on Asia's foreign exchange hubs for rupee trade with GIFT City
Updated On : 19 Aug 2020 | 9:58 AM IST

IFSCA seeks to give GIFT City a global feel, says chairman Injeti Srinivas

The priorities include setting up an international bullion exchange also.

IFSCA seeks to give GIFT City a global feel, says chairman Injeti Srinivas
Updated On : 29 Jul 2020 | 6:05 AM IST

Can GIFT City overcome the barrier of unpredictable policymaking?

The Gujarat government's international financial services centre has the opportunity to become a global hub, but only if regulation and procedures are streamlined quickly

Can GIFT City overcome the barrier of unpredictable policymaking?
Updated On : 23 Jul 2020 | 1:02 AM IST

Sebi broadbases investors, relaxes ownership norms for bourses in GIFT City

Regulator expands shareholding limits of stock exchanges desirous of operating in IFSC

Sebi broadbases investors, relaxes ownership norms for bourses in GIFT City
Updated On : 10 Jul 2020 | 1:41 AM IST

Experts bat for central govt buying stake in GIFT City to boost credibility

Suggest more incentives to help attract investments from Hong Kong

Experts bat for central govt buying stake in GIFT City to boost credibility
Updated On : 09 Jul 2020 | 1:05 AM IST

IL&FS sells 50% stake in GIFT city to Gujarat govt for Rs 33 crore

IL&FS has duly received Rs 32.71 crore as equity value for shares as a sale consideration

IL&FS sells 50% stake in GIFT city to Gujarat govt for Rs 33 crore
Updated On : 08 Jun 2020 | 2:30 PM IST

In a first, 11 entities get approval for units at GIFT SEZ virtually

Teleconference used in approval process; the 11 entities carry potential to create 500 jobs

In a first, 11 entities get approval for units at GIFT SEZ virtually
Updated On : 26 Mar 2020 | 7:44 PM IST

Airlines may ground 68% planes amid coronavirus outbreak, says govt

The firms currently have 633 aircraft and the government said they would operate only 200 of these

Airlines may ground 68% planes amid coronavirus outbreak, says govt
Updated On : 21 Mar 2020 | 1:19 AM IST

Tyagi and beyond: Tricky areas Sebi chief, successor will have to deal with

One of Sebi's key objectives is to protect investor interest and market integrity.

Tyagi and beyond: Tricky areas Sebi chief, successor will have to deal with
Updated On : 08 Mar 2020 | 11:55 PM IST