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Rupeeflo bets on GIFT City, targets 30% revenue share as Bengaluru-based fintech eyes payments play

New Delhi, Oct. 16 -- Rupeeflo, a Bengaluru-based fintech start-up building cross-border financial infrastructure for Indian financial institutions, wants GIFT City to contribute up to 30 per cent of ... Read More


Canadian energy engineering firm VZFOX to set up India base in Bengaluru by year-end

New Delhi, Oct. 15 -- Canadian subsurface engineering firm VZFOX plans to establish its India base in Bengaluru by the end of 2026, with an initial team of five employees, as it looks to tap opportuni... Read More


Adani Airports seeks IFSCA nod for Gift City Treasury Centre; 2nd Adani entity to tap IFSC

New Delhi, Oct. 13 -- Adani Airport Holdings Ltd (AAHL), the airports arm of the Adani Group, has approached the International Financial Services Centres Authority (IFSCA) to set up a global treasury ... Read More


Gujarat to release water from Kadana Dam to protect Kharif crops amid rainfall deficit

New Delhi, Oct. 10 -- The Gujarat government will release 198 million cubic metres (MCM) of water from the Kadana Dam to irrigate standing Kharif crops across approximately 80,000 hectares in the Mahi... Read More


'Investment tourism' could be GIFT City's next big growth driver

New Delhi, Oct. 9 -- GIFT City is seeing growing interest from Indian investors looking to access global markets, but India INX believes the bigger opportunity could be to make the financial hub a two... Read More


Two yrs on in GIFT City, CareEdge Global to expand ratings coverage to 100 countries

New Delhi, Oct. 8 -- CareEdge Global plans to add more than 55 sovereigns to its coverage, taking the number of countries it rates to around 100, as the two-year-old agency in GIFT City looks to expan... Read More


Adani targets $100 billion annual investment capacity by 2033

New Delhi, Oct. 8 -- Adani Group, which is targeting annual investments of about Rs.2 lakh crore this financial year, is now aiming to build the capacity to deploy nearly 4.8 times that amount-or abou... Read More


GIFT City has rules for family offices to go global, but capital controls remain a hurdle

New Delhi, Oct. 3 -- Singapore, Dubai and London may have spent decades becoming the offshore homes of Indian family wealth. GIFT City now has the regulatory machinery to offer an institutional route ... Read More


IOC's Gujarat refinery reaches 18-MTPA crude capacity

New Delhi, Sept. 30 -- Indian Oil's Gujarat refinery in Vadodara has now attained its expanded 18 million tonne-a-year crude-processing capacity, but cannot yet fully utilise it as some downstream uni... Read More


Why GIFT City is an NRI magnet

New Delhi, Sept. 28 -- From Mozambique and Mexico to the more established NRI markets such as the UK, the US and Dubai, a new set of wealthy Indians are streaming into the financial ecosystem of Gujar... Read More