IFSCA and IICA Map Corporate Governance Roadmap at GIFT-IFSC

24 Feb 2026 CW Team

IICA will provide training and policy support to IFSCA and entities registered in the GIFT-IFSC to facilitate compliance with evolving regulatory standards and global governance practices. It will deliver online certificate, induction and specialised training programmes for IFSCA officers covering corporate and allied laws, corporate governance, environmental, social and governance and cross-border transactions and restructuring. The emphasis will be on customised capacity building and leadership development to strengthen institutional capability.

IFSCA set out an immediate action plan to operationalise the collaboration with jointly delivered corporate governance programmes at GIFT City on an annual basis. The plan includes specialised courses for companies being incorporated within the GIFT-IFSC jurisdiction and targeted interventions to align practices with global benchmarks. Both organisations will undertake policy research and advisory work to support regulatory clarity and stakeholder engagement.

The collaboration draws on IFSCA's role as the unified regulator and on IICA's mandate as a premier think tank under the Ministry of Corporate Affairs to strengthen governance frameworks. Senior officials indicated that the partnership will prioritise implementation support and annual training cycles to sustain compliance and board level readiness. Stakeholders may expect phased roll out of initiatives and ongoing evaluation to measure impact over time. The arrangement is intended to reinforce GIFT-IFSC's position as a well governed international financial centre and promote global investor confidence broadly.

The International Financial Services Centres Authority (IFSCA) and the Indian Institute of Corporate Affairs (IICA) have signed a Memorandum of Understanding to institutionalise a standardised corporate governance ecosystem at GIFT International Financial Services Centre (GIFT-IFSC). The MoU was executed at the IFSCA campus in GIFT City on 20 February 2026 and was attended by senior officials and dignitaries from both organisations. The agreement frames collaboration on capacity building, policy research and knowledge partnership to enhance regulatory effectiveness within the GIFT-IFSC jurisdiction. IICA will provide training and policy support to IFSCA and entities registered in the GIFT-IFSC to facilitate compliance with evolving regulatory standards and global governance practices. It will deliver online certificate, induction and specialised training programmes for IFSCA officers covering corporate and allied laws, corporate governance, environmental, social and governance and cross-border transactions and restructuring. The emphasis will be on customised capacity building and leadership development to strengthen institutional capability. IFSCA set out an immediate action plan to operationalise the collaboration with jointly delivered corporate governance programmes at GIFT City on an annual basis. The plan includes specialised courses for companies being incorporated within the GIFT-IFSC jurisdiction and targeted interventions to align practices with global benchmarks. Both organisations will undertake policy research and advisory work to support regulatory clarity and stakeholder engagement. The collaboration draws on IFSCA's role as the unified regulator and on IICA's mandate as a premier think tank under the Ministry of Corporate Affairs to strengthen governance frameworks. Senior officials indicated that the partnership will prioritise implementation support and annual training cycles to sustain compliance and board level readiness. Stakeholders may expect phased roll out of initiatives and ongoing evaluation to measure impact over time. The arrangement is intended to reinforce GIFT-IFSC's position as a well governed international financial centre and promote global investor confidence broadly.

Infrastructure Urban

10 Apr 2026

Güntner Showcases Cooling Tech at China Expo

Güntner showcased its latest refrigeration and air conditioning innovations at China Refrigeration 2026, highlighting digital intelligence and carbon-neutral solutions.The company presented its aicore™ Controls and IoT platform, designed to optimise energy consumption, enable remote monitoring and enhance lifecycle management of cooling systems. The solution integrates advanced controllers and cloud-based capabilities to improve operational efficiency and reduce energy use.Güntner also demonstrated advancements in heat pump technologies, including its role in projects such as the Ordos Zer..

Real Estate

10 Apr 2026

Superb Realty Ties Up with Praan for AI Air Tech

Superb Realty has partnered with Praan to deploy AI-powered autonomous air infrastructure across over one million sq ft of real estate in Mumbai, marking a significant move towards intelligent indoor environments.The rollout will begin at Superb Altura and expand across upcoming residential and mixed-use developments. The initiative aims to integrate real-time sensing, adaptive purification and AI-led optimisation to improve indoor air quality and occupant experience.Praan’s technology is designed to remove ultrafine particles significantly smaller than conventional systems and eliminate har..

Technology

10 Apr 2026

DAAKit Raises $138,000 in Pre-Seed Round

DAAKit has raised $138,000 in a pre-seed funding round led by Inflection Point Ventures to expand its hyperlocal fulfilment network and strengthen technology capabilities.The company plans to use the funds to launch 25 new dark stores across Tier I and Tier II cities, enhance its technology infrastructure, and expand its leadership and operations teams. Currently operational in Delhi, Gurugram, Mumbai, Bengaluru and Kolkata, DAAKit is also piloting expansion into Tier II markets through Lucknow.Built on an asset-light, technology-driven model, the platform enables brands to position inventory ..