Gift City

In the shadows of a debt crisis: A closer look at how IL&FS episode unfolded and impacted the larger economy

IL&FS has not just failed to bring private capital into the infrastructure sector but has used public assets to create opportunities for itself

IL&FS eyes Rs 480 cr from sale of two towers at Gujarat International Finance Tec-City, invites EOI from investors

The parent IL&FS owes close to Rs 1 trillion to over 50 banks and financial institutions

Jobs deficit: GIFT City in Gujarat struggling to create employment despite Modi govt offer of tax, concessions

The lack of development and job creation at GIFT, critics say, reflects one of Modi’s challenges as a whole as he begins a second term in office.

Yes Bank raises $400 million through syndicated loan facility, amount to be utilised to support IFSC Banking Unit

Yes Bank Managing Director and CEO Rana Kapoor said the $400 million loan syndication reinforces the bank's ability to raise substantial foreign currency resources

SEBI approves launch of additional derivatives at GIFT City IFSC

Additional derivatives will encourage greater participation from foreign investors.

Rs 50,000 cr worth MoUs signed on 2nd day of Vibrant Gujarat

The investment commitment are besides the Rs 49,000 crore investment Adani Group Chairman Gautam Adani had announced yesterday in expansion of capacity of three ports in the state as well as foraying into water and cement businesses over the next five years.

PM Modi inaugurates India's first international exchange at GIFT city, Gandhinagar

INX will trade initially in equity derivatives, currency derivatives, commodity derivatives including index and stocks.

Exclusive: Tough to live up to standards set by a stalwart like Modi: Anandiben Patel

Gujarat Chief Minister Anandiben Patel has dismissed the allegation against her daughter, Anar Patel, as nothing but a vicious campaign by a frustrated Congress leader

Not just BSE, NSE: Global stock exchanges too want to set up shop in GIFT City

As Modi's pet project, India's first International Financial Services Centre (IFSC), GIFT City, inches closer to reality in Gandhinagar, a slew of global exchanges are looking to set up shop there in order to offer Indian investors the products and shares of companies listed on them.