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    • XED withdraws first-ever GIFT City IPO, cites global turmoil

      XED withdrew its $12 million IPO from GIFT City due to weak institutional response amid West Asia crisis and KYC issues for retail investors.

    • IFSCA steps up oversight of capital market intermediaries in GIFT IFSC over non-compliance

      IFSCA reiterates its commitment to maintaining high regulatory standards, in letter and spirit, and ensuring a transparent and robust financial ecosystem within the IFSC, the regulator said in a statement.

    • A new IPO playbook? What GIFT City offers that SME exchanges don’t

      While listing costs on GIFT City are similar to SME IPOs, liquidity and regulatory clarity remain challenges as the market infrastructure evolves.

    • NSE IX renews call for SEBI to finalise long-pending direct listing guidelines for Indian companies in GIFT IFSC

      NSE IX CEO V Balasubramaniam said SEBI approval for direct listing of Indian companies on IFSC exchanges is awaited.

    • GIFT City achieves first overseas equity listing milestone as Cyprus firm Ellinas Finance prepares for NSE IX admission

      The move follows a Memorandum of Understanding signed on June 16, 2025, between NSE IX and the Cyprus Stock Exchange (CSE) in Limassol, Cyprus.

    • 'Neutral to both inflows and outflows': IFSCA's Pradeep Ramakrishnan emphasises on two-way capital flows for GIFT City evolution

      At the Moneycontrol Mutual Fund Summit, IFSCA officials and industry experts underscored GIFT City's deliberate push toward becoming a true international financial centre - one that remains neutral to the direction of capital flows.

    • Sundaram AMC launches USD-denominated India midcap fund in GIFT City

      Sundaram AMC launched a USD-denominated offshore feeder fund via GIFT City’s IFSC, offering global investors access to India’s midcap growth.

    • Budget 2026: Extension of tax holiday for Gift City banks to benefit big domestic lenders

      The government has extended the tax holiday for IBUs from 10 years currently to 25 years.

    • Gujarat govt eases liquor consumption rules at GIFT City; permit requirement scrapped

      This new rule discards the previous condition wherein such 'external persons' were required to get temporary permits

    • GIFT City regulator seeks simpler tax rules for overseas investments ahead of Budget 2026

      The IFSC regulator believes a clear outbound investment tax regime is critical for GIFT City to attract a larger pool of global funds.

    • GIFT City growth over September 2024 to 2025 majorly led by depth not breadth, reveals data in HSBC-EY’s latest report

      While data shows FMEs doubling, total schemes and fund commitments tripling, the limelight was stolen by the ten-fold increase in trade finance transactions.

    • MUFG, HSBC bet big on GIFT City in warning to Asia hubs

      Banks in GIFT-City disbursed nearly $20 billion in dollar loans to Indian corporates in the fiscal year ended March, more than a third of the total issued for local companies globally

    • Lower ticket sizes, digital access push retail investors towards GIFT City

      GIFT City is becoming more accessible for retail investors seeking global diversification, with lower minimums and digital onboarding, though tax and transaction hurdles still need ironing out.

    • Zerodha to offer investment in US stocks in next quarter through GIFT City

      'We are working on it, and we should have something in the next quarter. It is a product launch,' CEO Nithin Kamath has said

    • GIFT City emerging as global biz hub but yet to match traditional financial centres: PwC Survey

      .The report highlighted that GIFT City, officially known as Gujarat International Finance Tec-City, demonstrates significant long-term growth potential

    • SEBI eases FPI norms for IFSC funds, aligns sponsor contribution limits

      The limits on sponsor contribution by resident Indian non-individuals in funds set up in IFSC, as specified by SEBI and IFSCA, were at variance, leading to the risk of non-compliance by such entities

    • NJ Asset Management set to launch retail mutual fund at GIFT City; PPFAS in pipeline

      PPFAS Mutual Fund is also preparing to launch a retail mutual fund from GIFT City, could take at least four months before a formal launch, said a source familiar with the matter.

    • LRS remittances via GIFT clock 19% CAGR over 2 years, crossing a billion consistently for 3 years

      Based on the pace of growth, the figure could approach USD 2.5 billion in medium term, says Mihir Shirgaonkar, Vice President, Alternative Investments at Phillip Ventures IFSC.

    • How NRIs can invest in India: Demat accounts, mutual funds, and GIFT City explained

      India’s growing economy and evolving financial markets offer Non-Resident Indians (NRIs) multiple avenues for investment, but choosing the right one depends on goals, regulations, and access.

    • Ahmedabad's commercial ascent: BFSI demand leading to shift towards 'landlord-favourable' market

      BFSI, at 56 percent, is followed by IT/ITES sector with 30 percent share in total office leasing, and industrials at 8 percent. Ahmedabad’s total Grade-A office stock currently stands at 30.5 million square feet (msf), with a vacancy rate of 19.6 percent.

    • GIFT City emerges as top financial center for family offices navigating India's regulatory maze, says Julius Baer-EY

      More ultra-rich families and entrepreneurs are turning to family offices to manage their wealth, though concerns over legal and compliance hurdles persist.

    • Can retail investment through GIFT City pick up?

      GIFT City’s International Financial Services Centre (IFSC) is emerging as a new gateway for Indian investors eyeing global markets and NRIs seeking exposure to Indian growth stories

    • GIFT Nifty sets an all-time high monthly turnover of $102.35 billion in May

      GIFT Nifty recorded the highest-ever monthly turnover of $102.35 billion (around Rs 8.76 lakh crore) with 2.10 million contracts during May

    • IFSC GIFT City sees aircraft and engine leasing rise 31% on year in 2024, better times may be ahead

      Officials expect atleast 100 new aircraft or engines to be leased from GIFT City in 2025. Lessors feel that for GIFT City to become a global hub, an ecosystem conducive to the leasing business, including a repair and maintenance unit, needs to be set up.

    • SEBI proposes easing norms for stock brokers to operate from GIFT city, doing away with separate NOC

      In a consultation paper released on March 21, SEBI has suggested that the broker simply set up a separate business unit and ringfence its activities from its other operations

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