Latest Updates Around The World
Executive learning solutions provider XED Executive Development said Friday it has set a price range of $10-10.5 per share for its $12 million initial public offering, which opens for subscription at GIFT City on March 6.This will be the first share sale at Gujarat International Finance Tec-City, India’s IFSC, under the regulatory framework of the […]
The development follows the Memorandum of Understanding (MoU) signed in June 2025 between NSE IX and the Cyprus Stock Exchange (CSE) during Prime Minister Narendra Modi’s visit to Cyprus. | Photo credit: VIJAY SONEJI In a milestone for GIFT City’s evolving offshore capital markets, Ellinas Finance, already listed in Cyprus, will soon list its shares […]
Vivriti Asset Management (VAM), a private credit-focused alternative investment fund (AIF) management company, said on Wednesday it aims to achieve 25 to 30 percent annualized growth over the next five years, driven by the huge potential in the niche debt market.The company also plans to double its fundraising in the Kolkata market in FY27 as […]
FILE PHOTO: JPMorganChase sign at the company’s headquarters at 270 Park Avenue in the Midtown of New York City, US, September 9, 2025. REUTERS/Shannon Stapleton/File Photo | Photo credit: Shannon Stapleton Part of JPMorgan Chase & Co. is setting up a branch in Gujarat International Finance Tec-City, or GIFT City, to trade stocks, among other […]
The authority also proposed setting up “dummy filters” for securities that have no price ranges but attract algorithmic trading interest. Financial services regulator Gujarat International Finance Tech (GIFT) City has proposed a slew of measures to manage algorithmic trading on local exchanges, a consultation paper on its website showed on Tuesday. Algorithmic trading, where investors […]
The delegation is expected to highlight GIFT City’s integrated urban infrastructure, progressive regulatory framework and growing talent ecosystem as key enablers for global businesses. | Photo credit: Elke Scholiers A high-level delegation from Gujarat International Finance Tec-City (GIFT City) in Gujarat will participate in the annual meeting of the World Economic Forum in Davos, Switzerland […]
The spike reflects the renewed momentum and growing participation of global reinsurers Photo credit: VIJAY SONEJI GIFT City’s International Financial Services Center (IFSC) is attracting a new wave of global reinsurers, with new applications from Saudi Arabia, the United Arab Emirates (UAE) and Kazakhstan. The developments come amid a fourfold increase in reinsurance activities, reflecting […]
The Foreign Currency Settlement System (FCSS), recently launched at GIFT City, will soon expand, with plans to roll out multiple global currencies such as the euro and the British pound in phases, according to official sources. “Based on future market demand, the newly launched FCSS will now look at clearing other currencies such as Euro […]
Indian regulator GIFT City is in talks with the Reserve Bank of India to allow domestic banks to settle forex transactions instantly through its real-time clearing system. India’s regulator Gujarat International Finance Tech (GIFT) City is in talks with the country’s central bank to allow domestic lenders to settle forex transactions immediately through the tax-neutral […]
