Page 13 - Gift City

BSE proposes to launch trading in foreign stocks at GIFT City arm

Will provide access to 130 exchanges in 31 countries in America, Europe, Asia Pacific and Africa

NSE to go live with top 50 US stocks in first phase at GIFT City

At present, domestic investors can get exposure to foreign stocks through a broker who has a tie-up with an international broker

NSE to start trading in US stocks at Gift City, list of scrips not yet out

Domestic retail investors will be able to transact on the platform under LRS scheme prescribed by RBI which permits a resident individual to remit up to Rs 1.86 crore per year

Gift City, India Insurtech ink pact to promote fintech in insurance sector

Gift City, the country's first international financial services centre, said it has collaborated with the India InsurTech Association to promote financial technology in the insurance sector

Vman concludes first ever helicopter lease deal from GIFT City

Vman announced the leasing of an Airbus H125 helicopter to Thumby Aviation, a non scheduled operator which pioneered heli taxi service in Bengaluru.

Foreign funds at IFSCs may get benign tax treatment under VCC model

K P Krishnan committee report has made multiple suggestions for Indian VCC vehicles to compete with Singapore

Foreigners won't need PAN for investment in GIFT alternate investment funds

PAN requirement will no longer apply to such investors

Finance Bill amendment eases Mauritius funds' path for India shift

Experts reckon up to 10 per cent of such funds could shift to the IFSC

New landscape in Old India: Building spree in the midst of familiar hassles

Even as the govt tries to scale up infrastructure, Centre-state squabbles, environmentalists' concerns, hassles over land acquisition and plain old project delays affect projects, writes T N Ninan

GIFT City's residential development gets boost from Gujarat govt

The Gujarat government has issued a resolution to also allow those not working within the country's first operational smart city to reside in the City.

NSE signs pact to set up international bullion exchange at GIFT City

An international bullion exchange, clearing corporation and depository will be set up

Four entities show interest to set up leasing shops in GIFT city

Besides, SpiceJet plans to lease seaplanes from India; Hindustan Aeronautics will explore channelising lease agreement--being discussed with Alliance Air for two Dornier aircraft--through IFSC

GIFT City: Modi's plan to make a Singapore in Gujarat has fallen flat

Investors aren't coming to India's new international financial center, built on a patch of wilderness in the PM's home state

Budget 2021 sops likely to bring rupee trading from offshore to GIFT

Foreign banks at IFSC likely to focus on non-deliverable forward business, say experts

International Bullion Exchange to come up this year: IFSCA chairman

Bourse will run on a delivery-based model for allocated and unallocated bullion, with underlying security backing the latter

Regulator unveils framework for lawyers, consultants and others at GIFT

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

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

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

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.

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