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BIZARRE: 2 - You Need To See This

Buying US stocks via Gift City to get easier as Zerodha, Groww, Angel One and Upstox get nod

Buying US stocks could soon become easier for Indian retail investors after Zerodha, Groww, Angel One and Upstox secured regulatory approvals from GIFT City’s IFSCA. The licences will enable the brokerages to facilitate overseas investing, tapping into growing demand for global equities under the RBI’s Liberalised Remittance Scheme.

The Economic Times

Beyond the Terminal: NRIs should factor 'Inevitable India' into their portfolios

India's economy is transforming, offering opportunities for Non-Resident Indians. Despite rupee depreciation, an undervalued currency presents potential gains. Reforms and domestic demand drive growth. GIFT City provides a simple, tax-efficient way for the diaspora to invest in India's future. This allows NRIs to participate in India's progress from anywhere.

The Economic Times

Gujarat govt to unveil New Industrial Policy 2026 on June 15

Gujarat is set to launch its Industrial Policy 2026 on June 15, aiming to accelerate growth, attract investments, and foster innovation. The policy will focus on enhancing ease of doing business and promoting advanced manufacturing. Meanwhile, Chief Minister Patel inaugurated Hexaware Technologies' new Delivery Centre in GIFT City, expected to…

The Economic Times

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Dhan launches US stocks, ETFs investing via GIFT City route

The offering is being provided through Raise IFSC Private Limited, Dhan's wholly-owned subsidiary and a member of India INX operating under the regulatory framework of the International Financial Services Centres Authority (IFSCA).

The Economic Times

US-based Tryfacta files draft papers for $100-150 million GIFT City IPO

US-based Tryfacta Inc is set to become the first US-headquartered company to list its equity shares in India through GIFT City, filing draft papers for a USD 100-150 million IPO. The offering includes a fresh issue and an offer for sale, with proceeds to fund growth and working capital.

The Economic Times

Jio BlackRock prepares ETF debut by August after building $2 billion India fund base

Jio BlackRock is set to launch its first Indian ETFs by August, aiming to mirror BlackRock's global success in passive investing. The joint venture, already managing $1.9 billion in assets, plans to initially focus on equity strategies. This move seeks to tap into India's growing, albeit nascent, ETF market, with…

The Economic Times

Talent fight heats up in India finance hub as two chiefs quit

GIFT City, India's international finance hub, is experiencing intense competition for talent as two foreign bank chiefs have recently resigned. Taral Shah of DBS Bank and Saiju Gandhi of Standard Chartered have left their roles, highlighting a challenge for the growing hub. This comes as global banks expand their presence,…

The Economic Times

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Marcellus launches global equities fund in GIFT City, targets AI, defence and luxury themes

Marcellus Investment Managers has launched a global equities fund through GIFT City, offering Indian investors access to overseas stocks. The fund targets defence, power, AI-led infrastructure and luxury themes, enabling dollar-denominated investing, diversification and exposure to long-term global growth opportunities.

The Economic Times

ET Alpha Wealth Summit: Nilesh Shah recommends 4 investment bets that should be part of your portfolio

Kotak Mahindra AMC MD Nilesh Shah has identified four investment avenues for volatile markets: Special Investment Funds, performing credit AIFs, REITs and Gift City-based global products. He believes these options can help investors generate returns beyond traditional equity market gains while improving diversification.

The Economic Times

Tokenisation could be the next big upgrade to India's market plumbing

Tokenisation represents financial assets as digital tokens on programmable blockchains, simplifying ownership and settlement. India's financial market, with high yields and advanced digital infrastructure, is poised to leverage this for global capital access via GIFT City, mirroring past successes in market expansion.

The Economic Times

Decentro secures final payment service provider licence at GIFT City

With this, Decentro has become the first Indian payment aggregator to secure the approval. With the licence, Decentro has established an entity in GIFT City and plans to offer a full-stack cross-border payments infrastructure for global businesses.

The Economic Times

International funds top return charts, but overseas investment limits persist. Should you continue SIPs or explore alternatives?

International mutual funds are leading in returns, driven by global markets and currency gains. However, Indian investors face hurdles due to overseas investment limits imposed by the RBI. Experts advise continuing existing SIPs but caution against new investments. Investors are exploring alternative routes like LRS and GIFT City for global…

The Economic Times

GIFT City showcases India’s scale, growth opportunities to global investors: Sitharaman

Union Finance Minister Nirmala Sitharaman reviewed GIFT City in Gandhinagar. She noted its significant progress and strategic role in India's financial growth. GIFT City offers a unique blend of scale, technology, and talent. It is becoming a key hub for global finance, attracting significant investments and entities. Continued coordination will…

The Economic Times

Gujarat’s GIFT City boom draws Incuspaze into 60,000 sq ft office expansion deal

Flexible workspace provider Incuspaze has leased 60,000 sq ft at Million Minds Tech City in the Ahmedabad-GIFT City corridor, expanding its Gujarat portfolio to 170,000 sq ft. This strategic move caters to rising demand from financial services and technology firms in the rapidly developing region.

The Economic Times

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The Hindu

Gujarat International Finance Tec-City | Waiting to be Mumbai

GIFT City, located along the Sabarmati river in Gujarat, aims to become a hyper-modern and hyper-connected financial hub.

The Hindu

Liquor in GIFT City: Congress, AAP slam Gujarat's BJP govt. over decision

BJP & Congress clash over Gujarat govt's decision to allow liquor in GIFT City, lifting State's strict prohibition policy.

The Guardian - AU

Deakin University to become first foreign tertiary institution with campus in India

Gift City site will deliver cybersecurity and business analytics courses to 100 students a year

The Times of India

GIFT City: India's free-market oasis aims to take on Singapore and Dubai

AHMEDABAD: India's newest financial hub is rising from scrubland near the banks of the Sabarmati River once dominated by marsh birds and grazing buffalo.

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The Hindu

Explained | GIFT City: The history & tax incentives of India’s first ‘Smart City’

Prime Minister Modi conceptualised the project in 2008, as Chief Minister of Gujarat

The Times of India

Gujarat IT-IT enabled services policy lures sector biggies

AHMEDABAD: Gujarat, a state which once was said to have missed the IT bus, is now attracting big-ticket investments in IT and ITes sectors, reports Parag Dave. Samsung, IBM and Tech Mahindra are scouting for offices in Ahmedabad and GIFT City, eyeing to set up customer support, data, research, and…

The Hindu

IFSC GIFT City | Financial hub, a work in progress

A subsidiary of the National Stock Exchange on Thursday introduced a facility by which Indian retail investors can directly trade in stocks that are listed on the U.S. stock exchanges. The NSE arm would invest the funds in those specific stocks against which investors would receive depository receipts in lieu…

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