Gandhinagar: The Gujarat International Finance-Tec (GIFT) City here will have an entertainment zone, riverfront area, and township. He also emphasized the importance of creating social infrastructure within the city to accommodate young talent. GIFT CEO Tapan Ray shared information that GIFT City and the state government are collaborating to create substantial social infrastructure within GIFT City. Proposals are invited for the development of an entertainment zone that will encompass shopping ...Read More

Gandhinagar: Two HDFC Bank group companies are all set to commence operations from GIFT City – IFSC in Gandhinagar, Gujarat. HDFC International Life and Re will offer U.S. Dollar-denominated life and health insurance solutions for Non-Resident Indians (NRIs) from GIFT City – IFSC under the brand name HDFC Life International, the parent company HDFC Life announced today. HDFC Life International will cater to NRIs and the global Indian diaspora, offering insurance solutions that are not limit...Read More

Gandhinagar: Gift Nifty derivatives on NSE International Exchange (NSE IX) witnessed a record single-day trading activity of more than 3,14,900 contracts with a turnover of US $12.39 billion (INR 1,01,43,400 Crs. equivalent)  on July 25, 2023. Traded contract volume and turnover value witness a significant growth of over 838% and 924% respectively compared to the first-day full-scale operations volume of 33,570 contracts with a turnover of US $1.21 billion. A note on this released by Gift Nift...Read More

Gandhinagar: DBS Bank Ltd., Singapore’s largest bank, has announced opening of its IFSC Banking Unit (IBU) in the Gujarat International Finance Tec-City (GIFT City), Gandhinagar. The IBU was inaugurated today by Singapore’s Deputy Prime Minister and Minister for Finance, Mr. Lawrence Wong, in the presence of dignitaries from the International Financial Services Centres Authority (IFSCA), the Monetary Authority of Singapore (MAS) and GIFT City. GIFT City houses India's first Internationa...Read More

Gandhinagar: United Arab Emirates (UAE) based Abu Dhabi Investment Authority (ADIA) will set up its presence in Gujarat International Finance Tec-City (GIFT City). This announcement has been mentioned in the joint statement of India and UAE after the meeting between the Indian Prime Minister Narendra Modi and UAE President Zayed Al Nahyan. ADIA's setup will come up at GIFT City in the next few months. This will further facilitate investment opportunities for the UAE in India, reads the statem...Read More

Gandhinagar: NSE International Exchange (NSE IX) today unveiled a new and refreshed brand identity of GIFT Nifty as a part of full-scale transition of SGX Nifty to Gift Nifty from July 3, 2023.  The new look of Gift Nifty is aligned with the flagship index NIFTY 50. The unveiling of the new logo follows the recent announcement of full-scale operations of NSE IX-SGX Connect to start from July 3, 2023. This strategic initiative between NSE IX and SGX, enables Gift Nifty orders from SGX members...Read More

Gandhinagar: During his visit to Gujarat, Arunachal Pradesh Chief Minister Prema Khandu expressed admiration for the Gujarat International Finance Tec-City (GIFT City) in Gandhinagar, highlighting its exceptional potential for vital economic growth. Taking to Twitter, Khandu said "Glad to have visited Gujarat International Finance Tech-city (GIFT) in Gandhinagar district of Gujarat. It is being developed as a state-of-the-art financial hub. It is a pre-eminent, futuristic city built on the fo...Read More

Gandhinagar: In a bid to strengthen green transportation facilities to and from Gujarat International Finance Tec-City (GIFT City), the Gujarat State Road Transport Corporation (GSRTC) has introduced three new electric buses connecting several locations in Ahmedabad and Gandhinagar with GIFT City. At present, the buses are plying on three routes, namely Narol to GIFT City, Shantipura-SG Highway to GIFT City, and Gandhinagar Pathikashram to GIFT City. The three routes have been worked out co...Read More

Gandhinagar: The Indian startup ecosystem is the third largest startup ecosystem in the world, boasting an impressive 115 unicorns (billion-dollar enterprises). Indian startups raised $44 billion in 2021, with over $ 33 billion going towards deals worth more than $5 million. Many Indian startups are domiciled outside India – despite having the majority of their market, personnel and founders in India. These “externalized” or “flipped” startups constitute a large number of India’s uni...Read More

Gandhinagar: Deakin University, the first Australian University to have its branch campus in India. It will come up in GIFT City in Gujarat. Another university has also shown intention to establish its campus in GIFT City. These details were shared by Australian Prime Minister Anthony Albanese in his speech at an event to celebrate Gujarat - Australia relations in the Education sector here. Prime Minister Albanese further stated - "we have finalized Australia - India Education qualification ...Read More