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INTERNATIONAL FINANCIAL SERVICES CENTRES
Govt scraps TDS on GIFT City aircraft lease rentalsAirlines are now exempt from deducting tax at source on lease rentals paid to eligible aircraft leasing companies in GIFT City. This move a...- Centre scraps TDS on aircraft lease rentals at IFSCsA significant tax relief has been granted to airlines, with India now exempting tax deducted at source (TDS) on aircraft lease rentals paid...
- Amazon Data Services, L&T ink over 17-year lease for 4-acre land in Mumbai’s PowaiAmazon Data Services India has significantly expanded its data centre footprint in Mumbai's Powai, leasing an additional four acres from La...
- India aims for $1 trillion exports this fiscal year, says Piyush GoyalIndia is targeting a monumental $1 trillion in exports this fiscal year, a significant leap from last year's $863 billion. Union Minister P...
- BLS E-Services acquires Atyati Technologies for Rs 157 croreBLS E-Services has acquired Bengaluru-based Atyati Technologies for approximately Rs 157 crore in an all-cash deal. This strategic move aim...
- 10 high-priced stocks rally up to 85% in CY26; here’s FII and MF exposureDespite a weak broader market, several premium BSE stocks priced above Rs 5,000 delivered strong CY26 gains, led by Hitachi Energy India, A...
- Sitharaman urges French firms to invest in India's AI, clean energy pushUnion Finance Minister Nirmala Sitharaman urged French businesses to boost investments in India, highlighting vast opportunities in AI, cle...
- Digital Edge (India) buys 30 acres in Palava for Rs 1,000 cr, plans 270MW data centreDigital Edge, backed by NIIF, has secured over 30 acres near Mumbai for a massive 270 MW hyperscale data centre campus, marking a significa...
- Cyber fraud case: All 119 detained in Lucknow call centre raid now arrestedAuthorities have arrested 119 individuals following the unearthing of a sophisticated fake international call center in Lucknow. Operating ...
- Cover in Dubai, dollars in India, foreign banks are ready to playOverseas banks are finding a clever way to tap India's dollar demand without exceeding exposure limits. They're asking Indian banks to issu...
- HSBC inks pact with Prestige Group to pre-lease 1.2 million sq ft office in BengaluruGlobal banking giant HSBC has secured a massive 1.2 million sq ft office space in Bengaluru's Prestige JRC Signature Towers. This significa...
- PB Fintech to inject Rs 20 crore into payments arm, expand Dubai presenceThe capital infusion will be made in one or more tranches through equity subscription and is aimed at supporting PB Pay's business expansio...
- Kerala-born Alhind to handle visa, passport & consular matters for Indians in UAEKerala's Alhind Tours and Travels LLC is set to become the sole outsourced provider for Indian passport, visa, and consular services across...
- Strait of Hormuz: Strategic chokepoint in shadow of geopoliticsThe Strait of Hormuz, a key chokepoint for the global trade of crude oil and liquefied natural gas, is at the centre of disputes in negotia...
- Darjeeling tea industry seeks Centre's support amid deepening financial stressDarjeeling's famed tea industry is facing severe financial strain due to aging bushes, climate woes, and labor shortages, leading to a sign...
- Indian passport, visa appointment suspension in UAE extended till July 1Indian consular services in the UAE will be limited to emergencies until July 1, 2026, due to administrative changes. From July 2, Alhind T...
- Centre designates Adani Group-promoted Navi Mumbai airport as immigration postNavi Mumbai International Airport has been officially designated as India's 38th immigration post, paving the way for international flight ...
- GIFT Nifty hits record open interest of $21.56 billion; contracts touch all-time highGIFT Nifty has hit a record open interest of $21.56 billion, reflecting rising global investor participation in India's offshore derivative...
- Google limits Meta's use of its Gemini AI models: ReportGoogle, owned by Alphabet, told Meta around March it could not meet the full Gemini capacity the company had sought to purchase, the news...
- Areion Assets Management launches $60 million AIF to tap India's special situations marketAreion Assets Management has launched a $60 million Category III AIF from GIFT City targeting India’s special situations market. The fund w...
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