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A guide to the regulatory framework for fund management in GIFT City, covering IFSCA regulations, SEZ rules, and compliance ...
Multiple VCs ET spoke to have either set up in GIFT City or evaluating the region even as more Indian founders move to the US ...
Gujarat International Finance Tec-City (GIFT City) and Gujarat Technological University (GTU) signed an MOU to boost IFSC ...
With the mutual fund route to global markets blocked due to regulatory caps, Indian financial distributors are turning to ...
India’s first international financial services centre was created by premier Narendra Modi in 2008. Today, Gift City is a flourishing hub near Ahmedabad in the country’s arid northwest. K Rajaraman, ...
The GIFT City project was launched on the outskirts of Ahmedabad in 2011 when Modi was chief minister of Gujarat, outmaneuvering Mumbai as the choice of venue for a new tax-neutral financial ...
GIFT City allows non-Indian nationals to become corporate inhabitants and firms such as the Abu Dhabi Investment Authority (the UAE’s largest sovereign wealth fund), JP Morgan Chase, MUFG and ...
Mirae expects to manage $435 million out of GIFT City in the near term. The fund has a total of 1.46 trillion Indian rupees ($17.58 billion) of assets under management in India.
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