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Wednesday, June 23, 2021

GIFT City

GIFT CITY NEWS

Exports from GIFT City fall by 20% as banks cut down on loans

May 11, 2021 4:29 am

“GIFT City is a major Special Economic Zone (SEZ) for the services industry in Gujarat, where exports have fallen from Rs 3,971 crore in 2019-20 to Rs 3,181 crore in 2020-21,” a government official who did not wish to be named told The Indian Express.

Explained: Why did Gujarat govt tweak rules related to housing in GIFT City?

March 12, 2021 7:44 am

In order to encourage more people to come and live in the GIFT City, the government decided to change the rules allowing people not working in GIFT City to own a house within the campus.

Those not working in GIFT City can also reside there: Gujarat Govt

March 11, 2021 4:06 am

Earlier, only those working in GIFT City could occupy residences there

Ahmedabad: GIFT City opens its doors to residents employed outside

February 08, 2021 2:11 am

A government resolution in this regard is yet to be issued. After the exit of IL&FS, GIFT City is fully managed by the Gujarat government.

With more sops for PM’s GIFT-City, Mumbai’s IFSC dream fades further

February 02, 2021 4:19 am

On the budgetary allocation for election-bound Kerala, Assam, West Bengal and Tamil Nadu, Chief Minister Uddhav Thackeray said the Budget was for the country and not for Assembly polls.

GIFT City allocates space to Jaxay-headed firm to invest Rs 700 crore

January 05, 2021 7:24 pm

Savvy will invest Rs 700 crore in developing five projects, which will include commercial, residential and social buildings, stated an official release.

Decks cleared for Nifty’s Singapore trades to move to Gift City in Gujarat

September 04, 2020 7:46 am

KYC, due diligence eased for Singapore, Indian regulators to share information

Gujarat HC notice to GIFT city over PIL alleging irregularities

February 17, 2016 12:57 am

The petitioner, 69-year-old Divyabhash Anjaria, former director of GIFT city, has sought court’s intervention to bring this project under the RTI Act and also under the purview of the CAG.

Job creation main thrust: GIFT City CEO Ajay Pandey

September 13, 2015 5:21 am

In the Phase-I of the project, considered to be the pet project of Prime Minister Narendra Modi, development rights for 14 million square feet within the GIFT City has been sold to various players.

Banks, insurers push for big tax breaks to operate in IFSC

June 25, 2015 1:08 am

Bankers told ministry offcials in a meeting that “it doesn’t make sense to start operations in the IFSC without enough tax incentives”.