India’s Green Energy Finance Surge: A Beacon of Sustainable Growth India’s renewable energy sector has witnessed a remarkable infusion of Rs 7.5 lakh crore in financing, heralding a new era of sustainable development. At the RE-Invest Summit held at Mahatma Mandir in Gandhinagar, experts shared an optimistic outlook on the sector’s rapid expansion, underscoring the critical role of easy access to finance in driving this growth. Here, we delve into the key takeaways from the […]

Infosys and Wipro Set to Establish Fintech Hubs in GIFT City Overview Infosys and Wipro will soon initiate their fintech hubs in Gujarat International Finance Tec-City (GIFT City), a cornerstone of Prime Minister Narendra Modi’s visionary projects. These hubs will operate under the TechFin framework, emphasizing financial technology services for global clients. Key Highlights: Location: GIFT City, the first operational International Financial Services Centre (IFSC) in India. Lease Duration: 15 years in the International Financial […]

NRI Investment Surge in GIFT City Current Landscape The Securities and Exchange Board of India (Sebi) has approved 100% contributions from Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs) into the corpus of Foreign Portfolio Investors (FPIs) situated in Gujarat International Finance Tec-City (GIFT City), India’s International Financial Services Centre (IFSC). Despite this progressive move, there is a hesitance among the Indian diaspora to fully engage with this new avenue. Key Regulatory Approvals 100% […]

Opening the Global Doorway: IFSCA’s Transformative Move to Welcome Foreign and Domestic Unlisted Companies Estabizz Fintech Pvt Ltd is keenly observing the groundbreaking development in the financial markets initiated by the International Financial Services Centre Authority (IFSCA). With its latest regulatory framework, IFSCA has paved a new path for the listing of stocks, bonds, and other financial instruments by both Indian and foreign entities on the stock exchanges in the International Financial Services Centre (IFSC) […]

GIFT City Funds: Unveiling the Financial Gateway for NRIs GIFT City Funds have emerged as a pivotal innovation, offering NRIs a seamless and advantageous route to investing in India. By enabling investments and withdrawals in foreign currency, GIFT City Funds adeptly address the complexities of currency depreciation and the intricacies of tax regulations. Despite the requisite minimum investment of $150,000, which may pose a barrier for some, the myriad benefits elucidated herein highlight the substantial […]