RBI will have to tweak existing norms, allowing resident Indians to use some portion of the LRS limit for derivatives trading
KYC norms to be modelled on SGX, LSE; exchanges may function 24/7, five days a week; trading of masala bonds to be allowed
On Friday, government-owned New India Assurance became the first insurance company in the IFSC
Special Task Force set up by MoF to address regulatory hurdles for investors at the IFSC
It aims to carry out all critical operations and processes seamlessly and effectively in any eventuality
SBI, Kotak Bank, ICICI Bank and YES Bank, among others have set up shop in the IFSC, while 15 more have applied for permission to the RBI
Interview with managing director and group chief executive, Gift City
Amendment Bill expected in current session of Parliament
According to V-P Oracle has set up its tenth development centre in the country at GIFT City
The exchange will start during Vibrant Gujarat summit 2017
SIAC will establish its office in the IFSC-GIFT, which will be instrumental in promoting SIAC's arbitration services to Indian users
To begin work on stock, commodity market operations as major focus areas
The Gujarat International Finance Tec-City is expected to reach $1 billion in coming days
Personal issues behind allegations, it tells HC; petitioner says he has been raising the issues since 2011