Page 14 - Gift City

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

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.

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

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

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

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

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

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

The priorities include setting up an international bullion exchange also.

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

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

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

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

Suggest more incentives to help attract investments from Hong Kong

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

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

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

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.

FPIs trading in rupee bonds face anomaly in tax concessions at GIFT City

Would increase compliance burden for tax payment

Rupee futures in Gift City IFSC: Sebi caps position limit at $1 bn

Offshore market or overseas heading in rupee exchange rate market has grown bigger than domestic market, which was worrying the central bank

Businesses pitch for gold import as Budget proposes bullion exchange

The exchange at the international financial services centre (IFSC) will be an additional option for trade for global market participants, says Budget 2020.

Budget: International bullion exchange to be set up at IFSC in GIFT City

IFSC has the potential to become a centre of international finance and high end data processing, the Finance Minister said during her speech

Rupee-dollar derivatives set to enter stock exchanges in GIFT City IFSC

At present, cross-currency trades are permitted on the International Exchange (INX) floated by the BSE and NSE IFSC exchange situated in GIFT City IFSC