News for 'GIFT City'

From bricks to stocks: Indian family houses take leap with new-found wealth

From bricks to stocks: Indian family houses take leap with new-found wealth

Rediff.com25 Jun 2024

Led by a new generation of entrepreneurs, India's family offices are shifting from traditional investments in physical and tangible assets like real estate to investing in technology, healthcare, and retail stocks. This new wave of family offices is engaging in stock market investments, including pre-IPO placements and secondary market operations. "Born into a world of technology, the next generation, especially those born after 2000, view technology as equally crucial as finance for running a business.

Atul Subhash case: PIL in SC seeks reforms in dowry law

Atul Subhash case: PIL in SC seeks reforms in dowry law

Rediff.com13 Dec 2024

In the aftermath of the 34-year-old techie's suicide in Bengaluru, a public interest litigation (PIL) in the Supreme Court has sought the appointment of an expert committee to review and reform the existing dowry and domestic violence laws to stop their misuse.

Pune pub sends condoms in party invite, faces backlash

Pune pub sends condoms in party invite, faces backlash

Rediff.com31 Dec 2024

The whole incident came to light after one of the guests took photos of this gift packet and posted it on Facebook which resulted in public outrage, the police inspector added.

EPL PIX: Man United edge Fulham; Leicester down Spurs

EPL PIX: Man United edge Fulham; Leicester down Spurs

Rediff.com27 Jan 2025

A deflected late strike from Lisandro Martinez earned Manchester United a much-needed 1-0 victory at Fulham in the Premier League on Sunday.

EPL PICS: Chelsea clobber Southampton, rise to fourth

EPL PICS: Chelsea clobber Southampton, rise to fourth

Rediff.com26 Feb 2025

A round-up of Tuesday's action in the Premier League.

Dabba Cartel Review: High Five!

Dabba Cartel Review: High Five!

Rediff.com28 Feb 2025

Dabba Cartel's reluctant black comedy in the body of a crime thriller starts out interestingly enough to accomplish its Narcos: Thane aspirations, notes Sukanya Verma.

Customs duty cut on silver likely to give Centre breather for now

Customs duty cut on silver likely to give Centre breather for now

Rediff.com7 Aug 2024

The steep cut in Customs duty on silver in the FY25 Budget to 6 per cent from 15 per cent may provide the government temporary relief by checking the spurt in silver imports from the United Arab Emirates (UAE) under the Comprehensive Economic Partnership Agreement (CEPA). In FY24, silver imports from the UAE jumped to $1.7 billion from only $11.18 million in FY23, according to commerce department data. In May, about 87 per cent of India's silver imports came from Dubai.

NSE and BSE IFSC units may file for merger by September end

NSE and BSE IFSC units may file for merger by September end

Rediff.com14 Sep 2023

The proposal to merge the Gujarat International Finance Tec-City (GIFT City) units of the National Stock Exchange (NSE) and BSE has reached an advanced stage, and both bourses could file an application before the National Company Law Tribunal as early as this month, according to a top regulatory official. Sources indicate that the merger proposal has received approval from their respective boards. Both the NSE and BSE are arch rivals when it comes to onshore trading.

Gold, silver import surges 210% from UAE in 2023-24

Gold, silver import surges 210% from UAE in 2023-24

Rediff.com17 Jun 2024

India's gold and silver imports from its free trade agreement (FTA) partner UAE have skyrocketed 210 per cent to $10.7 billion in 2023-24 and there is a need to potentially revise the concessional customs duty rates under the pact to mitigate the arbitrage driving this surge, a report said on Monday. Economic think tank Global Trade Research Initiative (GTRI) said this sharp rise in gold and silver imports is primarily driven by import duty concessions granted by India to the UAE under the India-UAE Comprehensive Economic Partnership Agreement (CEPA).

Why did 70 Indian Hindus go to Pakistan

Why did 70 Indian Hindus go to Pakistan

Rediff.com26 Dec 2024

Over 70 Indian Hindu pilgrims returned home on Wednesday after performing religious rituals at the sacred Katas Raj temples in Pakistan's Punjab province.

Modi's pet project GIFT likely to create one million jobs

Modi's pet project GIFT likely to create one million jobs

Rediff.com23 Jun 2014

GIFT city has two components of development - domestic financial centre and international financial services centre.

4.5 lakh weddings in 3 weeks set to bring traffic chaos in Delhi

4.5 lakh weddings in 3 weeks set to bring traffic chaos in Delhi

Rediff.com12 Nov 2024

The wedding season in Delhi has kicked off, with an estimated 4.5 lakh weddings expected over the next three weeks. Delhi Police are preparing for heavy traffic congestion and have deployed additional personnel to manage the situation. The season is also expected to provide a significant economic boost to the city, with wedding vendors reporting a surge in bookings.

Divya Deshmukh wins World Junior Chess

Divya Deshmukh wins World Junior Chess

Rediff.com13 Jun 2024

Divya Deshmukh of India outclassed Bulgaria's Beloslava Krasteva to clinch the title in the World Junior Girls' chess championship

All We Imagine As Light Is Exquisite

All We Imagine As Light Is Exquisite

Rediff.com25 Nov 2024

All We Imagine As Light remains heart-warmingly affecting because you know experiences like this are few and far between. Payal Kapadia's film-making voice must be cherished, asserts Mayur Sanap.

Porsche teen's troubles mount as cops slap more charges on him

Porsche teen's troubles mount as cops slap more charges on him

Rediff.com26 Sep 2024

The Prevention of Corruption Act was also invoked as the juvenile is accused of colluding with his parents, doctors from the government-run Sassoon Hospital and some middlemen to swap his blood samples, the official said.

Jimmy Carter's India Connection

Jimmy Carter's India Connection

Rediff.com9 Jan 2025

Lillian Carter, a trained nurse and a Peace Corps worker, spent two years of her life, when she was in her late 60s, serving the poor in India, in the 1960s. She was posted as a volunteer to Vikhroli, then a village 30 km outside of Mumbai and a Godrej township, and was there from 1966 to 1968.

New York Ready For 2023 With Gift Of Love

New York Ready For 2023 With Gift Of Love

Rediff.com29 Dec 2022

With just a couple of days to go for New Year Eve, the countdown has begun for New York City's biggest party celebration, which will be watched by thousands of people in the city and millions of others on television in their homes in the States and across the world.

How India celebrated its first Republic Day in 1950

How India celebrated its first Republic Day in 1950

Rediff.com26 Jan 2025

Huge tri-colour-themed banners have been put up along the Kartavya Path while the theme for this year's tableaux that would roll down the boulevard where the annual Republic Day celebrations take place is 'Swarnim Bharat: Virasat aur Vikas', focusing on 75 years of the enactment of the Constitution.

'It Was Always About The Bride'

'It Was Always About The Bride'

Rediff.com25 Feb 2025

'Her story, her life, her aspirations and struggles...' 'Indian weddings are not just about fuschia, pink and dancing. They have many nuances.'

Quiz: Bollywood's Goodbye Special

Quiz: Bollywood's Goodbye Special

Rediff.com27 Dec 2024

Sukanya Verma quizzes you to find out just how much you know about the movies.

Indian legal system a hurdle for aircraft lessors: Air India to govt

Indian legal system a hurdle for aircraft lessors: Air India to govt

Rediff.com12 Dec 2022

Tata Group-owned Air India has informed the Centre that aircraft lessors wish to set up their special purpose vehicles (SPVs) outside India since they aren't enthused about the Indian 'legal structure' and are loath to take risks. Indian airlines have a combined fleet of about 700 planes; over 85 per cent are on lease. A majority of lessors are based in Ireland due to its attractive tax policy, light-touch regulations, and swift legal system.

He Wants To Set Up Fuel Stations In Space!

He Wants To Set Up Fuel Stations In Space!

Rediff.com20 Feb 2025

'It is our duty to keep space sustainable and free of debris.'

One Month Of Trump: The World Is In Shock

One Month Of Trump: The World Is In Shock

Rediff.com20 Feb 2025

The US is currently Earth's most powerful country and a certain latitude of understanding -- a world view -- is popularly expected from its leadership. From a country identified with freedom, constitution, debate, democracy and the likes of Abraham Lincoln even as it had the most powerful military around, the US, following Trump's actions, seemed repositioned as militarily powerful with other qualities secondary, observes Shyam G Menon.

Google investing $10 billion in India's digitisation fund: Pichai tells PM Modi

Google investing $10 billion in India's digitisation fund: Pichai tells PM Modi

Rediff.com24 Jun 2023

Internet giant Google is investing $10 billion in India's digitisation fund, its CEO Sundar Pichai has told Prime Minister Narendra Modi, a step that will recognise India's leadership on fintech and will support small and large businesses in India, the US and around the world. Pichai met Prime Minister Modi in Washington on Friday and also announced the opening of Google's global fintech operation centre in the Gujarat International Finance Tec-City (GIFT) in Gandhinagar. "It was an honour to meet Prime Minister Modi during the historic visit to the US. We shared with the Prime Minister that Google is investing $10 billion in India's digitisation fund," Pichai said.

Why Satya Continues To Sting And Sing

Why Satya Continues To Sting And Sing

Rediff.com19 Feb 2025

While Satya's pleasures are palpable -- among them the poetry of the coarse language, the mercifully rough-hewn texture, the oh-so-familiar underdog story -- these pleasures hit you at a completely different speed. The movie is charged with a sense of discovery, and every shot is a cornucopia of details existing independent of the main story. It's touching, notes Sreehari Nair.

Modi's US visit: Why Amazon, Google raised their India bet

Modi's US visit: Why Amazon, Google raised their India bet

Rediff.com26 Jun 2023

American online major Amazon seems to be almost doubling its India investment going by the company's recent announcement during Prime Minister Narendra Modi's state visit to the US. From the time the Seattle-headquartered company started its India journey in 2013, its investment into the country is pegged at $11 billion or roughly $1.1 billion a year. By committing a fresh round of $15 billion by 2030, the Jeff Bezos-founded company's investment would go up to more than $2 billion a year over the next seven years.

Many Congressmen...: Kharge counters 'batenge...' slogan

Many Congressmen...: Kharge counters 'batenge...' slogan

Rediff.com9 Nov 2024

Kharge also hit back at the BJP for criticising his party colleague Rahul Gandhi over a copy of the Constitution with a red cover. He showed a picture of PM Modi gifting a similar copy to former president Ramnath Kovind.

'I Feel Like I Have Lost My Father Again'

'I Feel Like I Have Lost My Father Again'

Rediff.com27 Dec 2024

'After Om's untimely demise, he would call us every Sunday for the next two years to ask, "How are you doing my dear? How's the young fella?"'

Diallo hat-trick lifts Manchester United to thrilling win

Diallo hat-trick lifts Manchester United to thrilling win

Rediff.com17 Jan 2025

Three late goals from Amad Diallo dragged a below-par Manchester United to an unlikely 3-1 comeback victory over bottom side Southampton.

Kali Puja Has Kolkata's Heart

Kali Puja Has Kolkata's Heart

Rediff.com1 Nov 2024

Ma Durga might be the city's most celebrated annual visitor, but Kali is the resident Goddess, notes Sandip Roy.

Best Business Ideas Under Rs 1 Crore

Best Business Ideas Under Rs 1 Crore

Rediff.com10 Feb 2025

India's e-commerce market alone is projected to reach $200 billion by 2026, making it a prime industry for ambitious entrepreneurs, explains rediffGURU Harsh Bharwani.

What Lewandowski Gifted A Saudi Fan

What Lewandowski Gifted A Saudi Fan

Rediff.com28 Nov 2022

After years of scoring goals for his old club Bayern Munich and now Barcelona, Lewandowski, one of the world's finest strikers, finally found his target for the first time in a World Cup.

PIX: People across country celebrate Diwali with pomp

PIX: People across country celebrate Diwali with pomp

Rediff.com31 Oct 2024

Keeping up his tradition of celebrating the festival with soldiers, Prime Minister Narendra Modi visited Sir Creek near the Indo-Pak border in Gujarat's Kutch district and offered sweets to jawans.

EPL PIX: Huijsen takes Bournemouth past Tottenham

EPL PIX: Huijsen takes Bournemouth past Tottenham

Rediff.com6 Dec 2024

Images from Thursday's action in the Premier League.

When A PM Miraculously Escaped Air Crash

When A PM Miraculously Escaped Air Crash

Rediff.com17 Feb 2025

Wing Commander Raveendran and flight steward Sargeant Iyer, though shaken and injured, managed to open the rear door of the aircraft and shouted for Prime Minister Morarji Desai and the passengers in the forward cabin to exit in haste since they suspected that fire would engulf the aircraft.

What Makes Kalyani Saha So Fabulous

What Makes Kalyani Saha So Fabulous

Rediff.com23 Oct 2024

Shalini Passi isn't the only one ruffling up feathers on Fabulous Lives VS Bollywood Wives. Kalyani Saha Chawla is doing all that too!

All We Imagine As Light Review: Ode To Hope, Humanity And Her

All We Imagine As Light Review: Ode To Hope, Humanity And Her

Rediff.com22 Nov 2024

Payal Kapadia's understanding of what it means to be a woman is as poignant as her authentic portrait of Mumbai's hoi polloi, observes Sukanya Verma.

2024's 10 Must Watch K-Dramas

2024's 10 Must Watch K-Dramas

Rediff.com30 Dec 2024

Sukanya Verma lists 10 shows that have her (Korean finger) heart.

Vedanta going to Guj attack on Maha's prestige: Sena

Vedanta going to Guj attack on Maha's prestige: Sena

Rediff.com15 Sep 2022

The Shinde-led govt might even "trade Mumbai," said the editorial in "Saamana".

AI Takes Over Delhi Election Campaign

AI Takes Over Delhi Election Campaign

Rediff.com9 Jan 2025

From dubbing voices to putting faces with the help of AI, political campaigns are undergoing a Bollywood makeover. Among the favourites is a scene from the Anil Kapoor-starrer Nayak, posted by the BJP, where Kapoor asks about the Chunaavi Vaade (poll promise), with Arvind Kejriwal at the receiving end instead of Amrish Puri.