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GIFT CITY DIRECT LISTING
Geojit Financial Services reshuffles top deck; Jones George to take over as MDGeojit Financial Services will transition leadership on October 1, 2026, with founder C.J. George becoming Executive Chairman and Jones Geo...
Miami set to get a new CMU campus, thanks to $3 billion donation by Citadel founder Ken Griffin — the largest-ever gift in US higher education historyCMU is set to transform Wynwood, Miami, with a stunning $2 billion investment dedicated to establishing a new university campus. Anticipate...
IIBX plans to bring bullion to Bengal’s doorstep with Kolkata vault by DiwaliIIBX will open its own bullion vault in Kolkata by Diwali, enabling West Bengal jewellers to take local delivery instead of sourcing bullio...
GIFT City eyes direct listings without IPO to deepen equity market, says IFSCA's Pradeep RamakrishnanIFSCA plans to introduce a direct-listing framework at GIFT City within months, allowing companies to list shares without traditional IPOs....
Astana International Financial Centre explores to partner with India's GIFT CityAstana International Financial Centre is exploring potential collaboration with India's GIFT city due to regional proximity. This partnersh...
Banwarilal Chandiwala takes silver shopping beyond Bihar, from malls to wheelsBanwarilal Chandiwala is expanding beyond Bihar through an all-India franchise model, with three franchises finalised, while its Jewellery ...
Ecommerce firms scale logistics, hiring ahead of festive salesFlipkart’s logistics arm Ekart has added 14 million cubic feet of warehousing space nationwide, increasing its storage capacity by 50%, the...
Groom gets Rs 10 lakh cash and gold jewellery from wedding guests. Now he has to keep record of these gifts. But why?A wedding gift of ₹10 lakh in cash sounds like a reason to celebrate, but one woman's post about her cousin's gift has sparked a very diffe...
Groww begins phased rollout of US stock investing through GIFT CityThe rollout comes as US technology stocks have climbed back to record levels on renewed investor enthusiasm around artificial intelligence....
Nike co-founder Phil Knight gives alma mater University of Oregon $1 billion, biggest-ever public university gift after unscheduled callPhil Knight and his wife, Penny, have recently pledged $1 billion to the University of Oregon. This donation is intended for the establishm...
Buying property abroad for your NRI child? Know how much Indian parents can transfer and the tax implicationsNavigating overseas property purchases for NRI/OCI children can be complex for Indian parents, entangled in regulations like FEMA and RBI's...
IndusInd Bank eyes India’s 2,117 GCCs with new banking verticalIndusInd Bank has introduced a new banking vertical specifically for Global Capability Centres within India. This initiative aims to addres...
Can you save tax by gifting money to your HUF? How Section 99 changes the tax equationMoney or property gifted by a member to an HUF may not be taxable in the HUF’s hands because of the “relative” exemption. But the tax conse...
HSBC makes big push for affluent clients in India to fuel growthHSBC Holdings Plc plans to expand its operations in India by increasing its branch network by 35% over the next two years. The bank aims to...
GIFT Nifty goes into overdrive, hits all-time high in volume and open interestGIFT Nifty recorded a record single-day volume of 457,999 contracts worth $21.18 billion on September 24, 2026. Open interest also hit an a...
HSBC plans India equity broking return after 13 years amid IPO boom, sources sayAfter a decade-long hiatus, HSBC is gearing up to re-enter the Indian equity broking sector, responding to the increasing demands from weal...
A look at Dolly Parton's $450 million estate and the latest controvery explained as her nephew Bryan Seaver hit with restraining orderA month after Dolly Parton's death a turmoil has surfaced surrounding her lucrative estate and expansive musical legacy. Allegations have s...
JPMorgan to double GIFT City business as $1 billion book expandsJPMorgan Chase & Co. plans to expand its operations at Gujarat's GIFT City in the next few years. The bank aims to double its business in a...
Can NRIs save income tax by gifting shares to their resident parents? Know these tax rules before transferring sharesWhile giving shares to your parents who reside in your home country might appear as a thoughtful gesture, it has substantial tax considerat...
GIFT City moves up 9 places to 37th globally, ranks among Asia-Pacific top 15GIFT City has surged nine positions to secure the 37th spot in the Global Financial Centres Index, marking a significant achievement for In...