Browsing Tag
gift city
PM Modi to inaugurate much-awaited NSE-SGX Gift Connect on Friday
After being deferred by over a fortnight, the National Stock Exchange International…
PM Modi to launch international bullion exchange on July 29
Prime Minister Narendra Modi will launch the country's first international bullion exchange at Gujarat International Finance Tec-City (GIFT City) on Friday.He will also lay the foundation stone of the unified regulator International…
Sebi clears BSE chief Chauhan as NSE’s CEO – Times of India
TNN Mumbai: Securities and Exchange Board of India (Sebi) has approved the appointment of Ashish Kumar Chauhan as the MD & CEO of the National Stock Exchange(NSE). His appointment is subject to acceptance of the offer made to him and…
Trading in global stocks through GIFT IFSC: A win-win proposition
International equity exposure offers a great diversification opportunity for investors. As different markets rarely move in tandem, especially over the medium to long term, underperformance in one market is usually offset by a healthier…
NSE IFSC completes physical settlement of US stocks
New Delhi: NSE International Exchange (NSE IFSC) on Tuesday announced the first physical settlement of US stocks in the form of unsponsored depository receipts at IFSC in GIFT City. This is the first time when trading, settlement as well as…
Novelis to raise $300-350 mn from Axis Bank in GIFT City
MUMBAI: Novelis, the overseas subsidiary of , is raising about $300-350 million in offshore loans from Axis Bank, seeking to trim multiple credit lines through part repayment of earlier market borrowings.
The bilateral short-term loan is…
Nirmala Sitharaman announces clearance of two proposals of IFSCA at GIFT City in Gujarat
Union Finance Minister Nirmala Sitharaman announced clearance of two proposals worth Rs 469 crore of the International Financial Services Centres Authority (IFSCA) at GIFT City here during her one-day visit on Saturday.
Sitharaman announced…