News for 'GIFT City'

Budget goodies for GIFT City, markets likely

Budget goodies for GIFT City, markets likely

Rediff.com11 Jan 2016

Ministry considering tax sops for India's first global financial centre, steps to liberalise futures and options markets.

The Actor Who Plays The Most Special Role In Dhurandhar The Revenge

The Actor Who Plays The Most Special Role In Dhurandhar The Revenge

Rediff.com24 Mar 2026

Ahida Sarmai, a special child with Down's Syndrome, makes her own space among Dhurandhar's biggest stars.

PIX: Manchester City, Villa held; Chelsea lose to Fulham

PIX: Manchester City, Villa held; Chelsea lose to Fulham

Rediff.com8 Jan 2026

Arsenal's Premier League title prospects were enhanced without them even kicking a ball on Wednesday as their closest challengers Manchester City and Aston Villa both dropped points.

Double-Decker Buses Set To Boost Delhi Tourism

Double-Decker Buses Set To Boost Delhi Tourism

Rediff.com2 Mar 2026

The 63-seater open-top bus, manufactured by Ashok Leyland's arm Switch Mobility, was gifted to the city's tourism department as a corporate social responsibility initiative.

Old Vs New Tax Regime: Stop Losing Money

Old Vs New Tax Regime: Stop Losing Money

Rediff.com8 Apr 2026

With Income Tax Act 2025 in force, your tax choice can quietly cost you big money if you're not paying attention. Ramalingam Kalirajan explains how

My Mother, Asha Bhosle

My Mother, Asha Bhosle

Rediff.com13 Apr 2026

Asha Bhosle's only daughter Varsha Bhosle, who died in 2012, had penned this beautiful ode to her mother.

Tax sops in Budget to make GIFT City a global financial hub

Tax sops in Budget to make GIFT City a global financial hub

Rediff.com8 Jul 2019

Standard Chartered Bank is setting up an international banking unit primarily to look after Indian company requirements. The bank is looking for a $2-billion loan book in the first five years of business.

Trouble brewing for India's GIFT City

Trouble brewing for India's GIFT City

Rediff.com25 Nov 2019

At the end of October, Sri Lanka President Maithripala Sirisena handed over the deeds for the transfer of 116 hectares in Colombo Port City to China Harbour Engineering Company on a 99-year lease to build a financial centre.

New Income-Tax Act 2025: What Changes From April 1?

New Income-Tax Act 2025: What Changes From April 1?

Rediff.com31 Mar 2026

A key mistake would be continuing to rely on provisions of the Income-Tax Act, 1961, where the new law now applies, and vice versa.

La Liga Title Race: Barcelona Extends Lead, Real Madrid Suffers Setback

La Liga Title Race: Barcelona Extends Lead, Real Madrid Suffers Setback

Rediff.com5 Apr 2026

Barcelona defeated Atletico Madrid, extending their lead in La Liga after Real Madrid's loss to Mallorca. Key goals from Lewandowski and Rashford secured Barcelona's victory, while Muriqi's late goal sealed Mallorca's win against Real.

Gujarat's GIFT City expects to garner $50 bn biz annually

Gujarat's GIFT City expects to garner $50 bn biz annually

Rediff.com23 Mar 2015

Sebi has approved the norms for financial institutions setting up shop at GIF City in Ahmedabad.

Budget sops may lure Mauritius funds to Gift City

Budget sops may lure Mauritius funds to Gift City

Rediff.com17 Feb 2021

As per the Budget proposals, migration of a fund to a fund in IFSC will not be regarded as transfer if done on or before March 31, 2023. Transfer of units will be tax neutral. Grandfathered investments of the fund to continue to enjoy capital gains exemption on future sale by the IFSC fund. There is no impact on carry forward of losses for the investee company.

Hyderabad Police Uncover Multi-Crore QNet Money Circulation Scam

Hyderabad Police Uncover Multi-Crore QNet Money Circulation Scam

Rediff.com23 Mar 2026

Hyderabad police have dismantled a multi-crore illegal money circulation racket allegedly promoted by QNet, arresting 32 individuals across Telangana, Andhra Pradesh, and Karnataka.

BJP Blames Kerala Govt for Water Crisis Ahead of Attukal Pongala

BJP Blames Kerala Govt for Water Crisis Ahead of Attukal Pongala

Rediff.com1 Mar 2026

Kerala BJP president Rajeev Chandrasekhar criticizes the state government for the water crisis in Thiruvananthapuram ahead of the Attukal Pongala festival, alleging negligence and failure to utilize funds. He also addressed the Gulf conflict and political alliances in the state.

Gift city to be part of this year's Union Budget

Gift city to be part of this year's Union Budget

Rediff.com4 Feb 2015

The Gujarat International Finance Tech-City, or Gift City, is expected to be spread over 886 acres and will have a special economic zone on 261 acres.

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

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

Rediff.com3 Dec 2023

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 through foreign portfolio investors (FPIs) registered at the GIFT City International Financial Services Centre (IFSC). The proposal will be taken during Sebi's board meeting on Saturday along with other key agenda items such as easing of voluntary delisting mechanism and introduction of a regulatory framework for real estate fractional ownership platforms, said people in the know. At present, the combined holdings of NRIs and OCIs in a global fund have to be less than 50 per cent, while that of a single NRI or OCI is capped at 25 per cent.

PIX: Kosovo stun Slovakia, one win from World Cup dream

PIX: Kosovo stun Slovakia, one win from World Cup dream

Rediff.com27 Mar 2026

Kosovo, Italy, Czech Republic, and Bosnia and Herzegovina have advanced to the World Cup playoff finals after securing victories in their respective semi-final matches. Thrilling encounters saw underdog triumphs and penalty shootout drama.

PIX: Vinicius nets brace as Real Madrid edge Atletico in thriller

PIX: Vinicius nets brace as Real Madrid edge Atletico in thriller

Rediff.com23 Mar 2026

Real Madrid squeezed past Atletico in a pulsating Madrid derby while Inter were held, keeping Serie A title race alive.

Bajaj Finserv completes Allianz's stake buyout in its insurance arms

Bajaj Finserv completes Allianz's stake buyout in its insurance arms

Rediff.com9 Jan 2026

Bajaj Finserv on Thursday said it has completed the acquisition of Allianz SE's stake in Bajaj General Insurance and Bajaj Life Insurance, worth Rs 12,190 crore and Rs 9,200 crore, respectively. Bajaj Finserv, along with Bajaj Holdings & Investment and Jamnalal Sons, acquired the foreign insurer's 23 per cent stake in the businesses, marking the largest transaction in the Indian insurance sector.

Shajahanpur's mosques are covered up for 'Juta Maar Holi'

Shajahanpur's mosques are covered up for 'Juta Maar Holi'

Rediff.com23 Feb 2026

Shahjahanpur is preparing for its unique 'Laat Saheb' Holi procession, a tradition where revellers hurl footwear at a man impersonating a British Lord. Security has been heightened, mosques covered, and preventive measures taken to ensure a peaceful celebration.

Trump's War Has Crossed Energy Rubicon. And There's No Turning Back

Trump's War Has Crossed Energy Rubicon. And There's No Turning Back

Rediff.com19 Mar 2026

For weeks, the war skirted the edge of catastrophe without tipping over. Missiles flew, there was much destruction, commanders were assassinated, cities across the Gulf and even in Israel struggled to absorb the shock. But one line held: Energy infrastructure, the arteries of the global economy, remained largely untouched. That is no longer true. Prem Panicker continues his must read daily blog on the Gulf War.

Bajaj Finserv targets a 22% profit CAGR, double customers in 5 years

Bajaj Finserv targets a 22% profit CAGR, double customers in 5 years

Rediff.com8 Dec 2025

Bajaj Finserv - the holding company of Bajaj group's financial services business - has laid out plans for the next five years. During this period, it is eyeing 18-22 per cent compound annual growth rate (CAGR) in net profit at Rs 21,000-24,000 crore on a consolidated basis.

Rima Das: 'I Like That Magic When You Just Follow Life'

Rima Das: 'I Like That Magic When You Just Follow Life'

Rediff.com17 Mar 2026

'I am quite impulsive when making a movie. That is the reason I need to stop sometimes, probably pause.'

English Premier League: Arsenal thrash Spurs; Liverpool grab late win at Forest

English Premier League: Arsenal thrash Spurs; Liverpool grab late win at Forest

Rediff.com23 Feb 2026

Eberechi Eze timed his return to the Arsenal scoresheet to perfection with two goals in a 4-1 derby rout of Tottenham Hotspur.

What Makes Sanju 'Chetta' Kerala's Darling

What Makes Sanju 'Chetta' Kerala's Darling

Rediff.com4 Mar 2026

Whenever he has played a match-winning knock, the pride in Malayalees travels faster than the fastest delivery in world cricket.

Work on projects worth Rs 1,000 cr in full swing: Gift City

Work on projects worth Rs 1,000 cr in full swing: Gift City

Rediff.com19 Oct 2015

Work on projects worth Rs 1,000 cr in full swing: Gift City

Global Investing: What YOU Must Know

Global Investing: What YOU Must Know

Rediff.com16 Oct 2025

Here's what Indian investors diversifying into equities, ETFs, and real estate abroad to manage risk, returns, and currency exposure must watch out for.

Carney's Visit May Boost India-Canada Ties

Carney's Visit May Boost India-Canada Ties

Rediff.com23 Jan 2026

India and Canada are negotiating a long-term uranium supply agreement worth $2.8 billion. They are also exploring expanded civil nuclear cooperation after the passage of the SHANTI Bill.

The Girl From Bhandup Who Became Ms Universe USA

The Girl From Bhandup Who Became Ms Universe USA

Rediff.com10 Mar 2026

'Don't let the world put you in a box. If the world tries to put you in a box, don't stay in it. Step out of it. And if you have to, burn that box completely,' says Siddhata Patil.

NSE to set up an international exchange in Gujarat's GIFT City

NSE to set up an international exchange in Gujarat's GIFT City

Rediff.com26 Feb 2015

New exchange will provide an electronic platform for trading.

Olympic athletes run out of condoms on Valentine's

Olympic athletes run out of condoms on Valentine's

Rediff.com14 Feb 2026

Athletes at the Milano Cortina Games have depleted the condom supply provided by organizers, highlighting the active social scene alongside the sporting events.

India, UAE seal defence pact, set $200 bn trade target

India, UAE seal defence pact, set $200 bn trade target

Rediff.com20 Jan 2026

Under the defence partnership, India and the UAE are eyeing defence industrial collaboration and cooperation in advanced technologies, cyberspace training, special operations, interoperability of their militaries and counter terrorism.

Gift City, a model to emulate by other states: Jaitley

Gift City, a model to emulate by other states: Jaitley

Rediff.com13 Apr 2015

Finance Minister Arun Jaitley on Monday said state governments should emulate the concept of 'Gujarat International Finance Tec-City'

Bewitched By London's Thumkada

Bewitched By London's Thumkada

Rediff.com11 Feb 2026

Why London keeps calling... And a recipe.

English Premier League: Manchester United stun Arsenal; Chelsea, Aston Villa win

English Premier League: Manchester United stun Arsenal; Chelsea, Aston Villa win

Rediff.com26 Jan 2026

Manchester United loosened Arsenal's grip on the Premier League title race with a 3-2 win in north London on Sunday.

FM chooses Gujarat's GIFT City over Mumbai for IFC

FM chooses Gujarat's GIFT City over Mumbai for IFC

Rediff.com28 Feb 2015

The Budget will focus on Gujarat's GIFT City.

BSE to launch commodity derivative trades at GIFT City

BSE to launch commodity derivative trades at GIFT City

Rediff.com2 Dec 2016

The exchange, say sources, began mock trading from early October and around 250 Indian brokers have said they'd take membership of the international exchange.

Weaker Rupee: Plan Overseas Goals

Weaker Rupee: Plan Overseas Goals

Rediff.com26 Dec 2025

Investors must account for currency depreciation in their financial plans and use instruments that can cushion the erosion in purchasing power.

Want To Study In The UK? Do It In India

Want To Study In The UK? Do It In India

Rediff.com10 Oct 2025

From Bengaluru to GIFT City, British universities scale up India presence, cementing the UK's lead in global higher education partnerships.

The Gulf Dream That Led To A Palace

The Gulf Dream That Led To A Palace

Rediff.com20 Feb 2026

After spending 43 years working inside Dubai's royal palace, a man from Kottakkal returned home with nothing but gratitude for the life he lived in extraordinary circumstances.