SCI set to open subsidiary in IFSC, GIFT City
MUMBAI : Shipping Corporation of India (SCI) is set to open a wholly-owned subsidiary in IFSC, Gift City, in Gandhinagar, Gujarat. It has received a nod from Niti
Govt of India plans new shipping firms to expand fleet
NEW DELHI : The Government of India plans to set up a new shipping company to expand its fleet by at least 1,000 ships in the next decade,
SEZ units exempt from IGST on certain services from DTA players : AAR ruling
NEW DELHI : Units operating within Special Economic Zones (SEZs) could potentially be exempt from paying the integrated goods and services tax (IGST) on specified services taken from
GMS Inc is looking ship leasing unit from IFSC : CEO Dr Anil Sharma
GANDHINAGAR : Dubai-based Global Marketing Systems Inc (GMS), the world’s largest buyer of ships and offshore assets for recycling, is “looking” at opening a ship leasing unit from
Foreign Companies can open bank account without PAN in GIFT City
GANDHINAGAR : The non-resident or the foreign company opening a bank account at the International Financial Services Centres (IFSC) will have to file a declaration in Form 60
India Exim Bank pitches for new export markets to empower Indian businesses
NEW DELHI : Export-Import Bank of India (India Exim Bank) is committed to empowering Indian businesses by expanding exports to new markets, and it aims to collaborate with
Shipping firms establishes subsidiaries at IFSC
GANDHINAGAR : Shipping firms, formerly based in Dubai or Singapore, have established subsidiaries in the GIFT City headquartered IFSC, which has received as many as eight applications for
VGGS 2024 will be focussed on strengthening GIFT City, expand its global presence : PM Modi
AHMEDABAD : The 10th edition of the Vibrant Gujarat Global Summit (VGGS) scheduled to be held in January 2024, will be focussed on strengthening GIFT City, expand its global presence, PM
India flag to unfurl for shipping sector at GIFT City
AHMEDABAD: After aircraft leasing and financing, Gujarat International Finance Tec City is now exploring ways to make India, which has a huge export-import trade, a country of shipowners
India continuing smaller share in International shipping
AHMEDABAD : India, despite having a large coastline, growing domestic market and international seaborne trade, deep-rooted maritime traditions and skilled seafarers, continues to have a smaller share in