NRIs likely to get bigger play in local equities through GIFT City FPIs

The Securities and Exchange Board of India (Sebi) may allow non-resident Indians (NRIs) and Overseas Citizens of India (OCIs) greater exposure to domestic equities if their investments are sent......

Air India acquires first A350 aircraft through GIFT City

Air India on Friday said it has completed the acquisition of its first A350-900 aircraft by way of a finance lease transaction with HSBC through the GIFT City. Photograph: Peter Cziborra/Reuters......

Direct listing of firms at GIFT City likely by year-end

The International Financial Services Centre Authority (IFSCA) plans to operationalise the framework for direct listing of companies at International Financial Services Centre (IFSC) exchanges by......

IFSCA looks to clear decks for startups' direct listing at GIFT City

The International Financial Services Centres Authority (IFSCA) has proposed key exemptions to the current listing framework and measures for setting up holding companies (holdcos) and special......