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Ahmedabad: With a fast-rising presence of IFSC banking units (IBUs) in GIFT IFSC, the size of the banking assets has increased sevenfold in five years, according to data by GIFT City. The country's first International Financial Services Centre at Gujarat International Finance Tec-City (GIFT City) saw banking assets crossing $106.7 billion as of Feb 2026, marking a sevenfold jump from $14 billion in Sep 2020.A key infrastructure boost came with the launch of the foreign currency settlement system ...Read More >
Gandhinagar (Gujarat) [India], April 2 (ANI): GIFT City's insurance and reinsurance ecosystem has witnessed rapid expansion, with premium volumes growing from USD 102 million in 2020 to over USD 1.2 billion by 2025, marking an over 11-fold increase in the past five years and signalling a strong scale-up of India-linked risk underwriting within the International Financial Services Centre (IFSC). According to GIFT city press release, "The growth in premiums has been supported by a steady increase ...Read More >
Gandhinagar (Gujarat) [India], April 2 (ANI): GIFT City's insurance and reinsurance ecosystem has witnessed rapid expansion, with premium volumes growing from USD 102 million in 2020 to over USD 1.2 billion by 2025, marking an over 11-fold increase in the past five years and signalling a strong scale-up of India-linked risk underwriting within the International Financial Services Centre (IFSC). According to GIFT city press release, "The growth in premiums has been supported by a steady increase ...Read More >
Mumbai - NowPurchase an AI enabled B2B platform that helps metal manufacturers optimize production and procure raw materials, today announced the successful raise of 80 crores led by Bajaj Finserv, one of India's largest and most diversified financial services groups, with participation from existing investors InfoEdge Ventures & Orios Venture Partners. The round also saw participation from prominent individual investors & family offices including Shikhar Raj, Real Ispat Group, Madhur Gupta (Pro ...Read More >
Kolkata (West Bengal) [India], April 1: NowPurchase an AI enabled B2B platform that helps metal manufacturers optimize production and procure raw materials, today announced the successful raise of 80 crores led by Bajaj Finserv, one of India's largest and most diversified financial services groups, with participation from existing investors InfoEdge Ventures & Orios Venture Partners. The round also saw participation from prominent individual investors & family offices including Shikhar Raj, Real ...Read More >
NewsVoir Kolkata (West Bengal) [India], April 1: NowPurchase an AI enabled B2B platform that helps metal manufacturers optimize production and procure raw materials, today announced the successful raise of 80 crores led by Bajaj Finserv, one of India's largest and most diversified financial services groups, with participation from existing investors InfoEdge Ventures & Orios Venture Partners. The round also saw participation from prominent individual investors & family offices including Shikhar ...Read More >
NowPurchase has raised nearly $8.5 million (Rs 80 crore) led by Bajaj Finserv, while Bachatt has raised $12 million in its Series A round of funding led by Accel. Bajaj Finserv leads $8.5m funding in NowPurchase NowPurchase, an AI-enabled B2B platform that helps metal manufacturers optimise production and procure raw materials, on Wednesday announced that it has raised nearly $8.5 million (Rs 80 crores) led by Bajaj Finserv. The funding also saw participation from existing investors InfoEdge ...Read More >
New Delhi, Jul 19 (PTI) Delhi Chief Minister Rekha Gupta celebrated her 51st birthday in her ancestral village, Nandgarh, in neighbouring Haryana on Saturday. Prime Minister Narendra Modi and other top Union ministers and BJP leaders greeted Gupta, born on July 19, 1974, on her first birthday after becoming the chief minister in February. "Best wishes to Delhi Chief Minister, Smt. Rekha Gupta ji, on her birthday. Rising through the ranks, she has always remained active in serving Delhi. As Chi ...Read More >
Mumbai: In one of the city's biggest high-value residential transactions this year, Ravi Agarwal, Chairman of Lloyds Realty -- part of the Lloyds Group -- along with his family, has purchased six apartments in the upscale Kalpataru Prive project on Altamount Road for a total consideration of Rs 227.01 crore. The registration document was accessed through Zapkey. About The Deal The seller in the transaction, registered on July 11, is Kalpataru Hills Residency Pvt Ltd. The acquisition includes f ...Read More >
Ravi Agarwal, part of the Lloyds Group promoters, and his family have acquired six sea-view super-luxury apartments including a seven-bedroom duplex in a residential tower Kalpataru Prive on south Mumbai's Altamount Road, for over Rs 227 crore. The family has acquired apartments spread across nearly 18,000 sq ft spanning the 18th to 23rd floors of the under-construction premium tower and is valued at Rs 1.27 lakh per sq ft making it rank among the most expensive and the largest residential tran ...Read More >
Mumbai: US-based Jane Street said the Indian capital market regulator's order accusing the trading firm of manipulative trading in equity derivatives reflects a 'misunderstanding of standard hedging practices and the interrelationships between derivative and underlying markets'. The firm, in an internal communication that ET has accessed, said the Securities and Exchange Board of India's claim that the firm's activity is "prima facie manipulative", disregards the role of liquidity providers and ...Read More >
Nagpur: Surjagarh Iron Ore Mines of Lloyds Metals and Energy Ltd (LMEL) have brought laurels to Gadchiroli district by bagging 5-star rating from the Indian Bureau of Mines (IBM) under the Union Ministry of Mines. Union minister of coal & mines G Kishan Reddy presented the 5-Star Rating memento and certificate to senior officials of LMEL in a ceremony held at Rajasthan International Centre, Jaipur, on July 7. Surjagarh mines have won this national recognition for its stellar performance in opera ...Read More >
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