Articles tagged under: GIFT

Six licenses issued for aircraft leasing in GIFT City Gujarat

October 11, 2021
Six licenses issued for aircraft leasing in GIFT City Gujarat

Gandhinagar: Six aircraft leasing firms have got licenses for aircraft leasing in Gujarat International Finance Tec (GIFT) City Gandhinagar, as per an article of The Indian Express. The six aircraft leasing firms who received licences to operate from GIFT City are Acumen Aviation, JetSetGo Aviation, Vman Aviation Services, Wels, Rensar Aviation and Millennium Aviation. Acumen Aviation has headquarters in Ireland and the other five are Indian firms. Seven more companies have applied for the l...Read More

International Bullion Exchange at GIFT City

September 24, 2021
International Bullion Exchange at GIFT City

Gandhinagar: The International Bullion Exchange will start at the Gujarat International Finance Tec-City (GIFT-city) in Gandhinagar on 1st October. An invitation is sent to PM Narendra Modi to inaugurate it. The International Bullion Exchange will keep an eye on the gold prices at global level. It will decide the gold price for the country as per international standards. The International Bullion Exchange will bring uniformity in gold rates and transparency in the prices and quality of the go...Read More

GIFT INX: Adani Green Energy Lists USD 750 Mn foreign currency Green bonds

September 09, 2021
GIFT INX: Adani Green Energy Lists USD 750 Mn foreign currency Green bonds

Mumbai: Adani Green Energy Limited has listed its maiden USD 750 Mn Green bonds with 3 year maturity at a competitive coupon of 4.375 percent. The bonds were rated Ba3 (stable) by Moody’s and have garnered huge investor interest across the globe. These bonds have been listed on India INX’s GSM Green platform which is the Exchange’s dedicated platform for listing of green, social, sustainable and all such ESG flavoured bonds. Commenting on the listing, Mr. V Balasubramaniam, MD&CEO, Indi...Read More

Axis Bank GIFT IFSC branch raises USD 600 Mn maiden AT1 sustainable bond

September 09, 2021
Axis Bank GIFT IFSC branch raises USD 600 Mn maiden AT1 sustainable bond

Mumbai, September 9, 2021: Axis Bank through its IFSC Banking Unit (IBU) in GIFT IFSC raised USD 600 Million in AT 1 sustainable bonds under its USD 5-billion global medium-term note programme. The dollar-denominated, Basel III-compliant AT1 notes were competitively priced at 4.10 per cent and evinced interest from investors across diverse geographies. Commenting on the success, Mr. V. Balasubramaniam, MD & CEO, INDIA INX said, “We are delighted to list Axis Bank’s maiden AT1 Bond sustain...Read More

Indian Oil Corporation Limited lists USD 1.4 Billion and SGD 400 Mn dollar bonds in IFSC

September 02, 2021
Indian Oil Corporation Limited lists USD 1.4 Billion and SGD 400 Mn dollar bonds in IFSC

GIFT City Gandhinagar: Indian Oil Corporation Limited listed their foreign currency bonds in IFSC today. The securities of value SGD 400 Mn and USD 1.4 Billion, issued in 2012, 2013 and 2019 respectively were now listed on Global Securities Market platform of India INX. Commenting on the listing, Mr. V. Balasubramaniam, MD and CEO, INDIA INX said, “This is IOCL’s first listing at India International Exchange and we take pride in welcoming Indian Oil – The Energy of India on board India...Read More

GIFT City becomes India’s first Platinum rated city under IGBC Green City Rating System

August 31, 2021
GIFT City becomes India’s first Platinum rated city under IGBC Green City Rating System

GIFT City Gandhinagar: India’s only operational smart city and International Financial Services Centre (IFSC), GIFT City has recently been awarded the GREEN CITIES ‘PLATINUM’ Certification for ‘Green Master planning & design and Implementation of GIFT City’s phase I development’ by CII’s Indian Green Building Council (IGBC). GIFT City is India’s first Greenfield Smart City to achieve the IGBC Green Cities Platinum rating. The global and Indian companies consider GIFT City as an i...Read More

GIFT City and ANSR join hands for building Global In –house Centres and Global Capability Centres

August 27, 2021
GIFT City and ANSR join hands for building Global In –house Centres and Global Capability Centres

GIFT City, Gandhinagar: ANSR, a Global Market Leader in the business of designing, establishing and operating Global In –house Centres (GICs) has joined hands with GIFT City, India’s only operational International Financial Services Centre (IFSC) to attract the global in-house centres to set up high end processing centres related to financial services at GIFT City. The Central Government notified Global in-house Centres (GICs) as a financial service relating to financial products and fina...Read More

HDFC Bank first Indian Bank to exclusively list USD 1 Billion AT1 dollar bonds in GIFT IFSC

August 27, 2021
HDFC Bank first Indian Bank to exclusively list USD 1 Billion AT1 dollar bonds in GIFT IFSC

Gandhinagar: In a first, HDFC Bank, India’s leading Private Bank, listed their 3.7% USD 1 Billion foreign currency AT1 bonds exclusively in GIFT IFSC Gujarat. GSM, the primary market platform of India INX, has evoked significant interest since its establishment in 2018 and has more than USD 55+ Bn medium term notes established and over USD 28+ Bn of bond listings till date. Commenting on the listing, Mr. V. Balasubramaniam, MD and CEO, INDIA INX said, “We take immense pride in welcoming H...Read More

GIFT City Gujarat: CDSL IFSC Limited Receives Recognition as the Bullion Depository

August 19, 2021
GIFT City Gujarat: CDSL IFSC Limited Receives Recognition as the Bullion Depository

GIFT City Gujarat: Central Depository Services (India) Limited (“CDSL”), Asia’s first and only listed depository, has announced that it’s wholly owned subsidiary CDSL IFSC Limited (CDSL IFSC) has been recognized as the Bullion Depository in IFSC by the International Financial Services Centres Authority (“IFSCA”). The Bullion Depository said it will now facilitate holding and transfer of Bullion viz. Gold initially which will be extended to Silver and any other commodities that is ...Read More

Deutsche Bank to commence IFSC Banking Unit at GIFT City Gujarat

August 12, 2021
Deutsche Bank to commence IFSC Banking Unit at GIFT City Gujarat

Gandhinagar: Deutsche Bank, a leading German bank with European roots and a global network spread across 59 countries, has received approval from the GIFT SEZ Authority to set up an IFSC banking unit at India’s first International Financial Services Centre (IFSC) at GIFT City, Gujarat. Deutsche Bank is among the largest international banks in India, having set up its first branch in the country in Mumbai more than 40 years ago. With over INR19,000 crore of capital deployed in its India bran...Read More

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