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.

Real Estate

30 Jul 2026

AI: The New Recruit

From getting ideas to evaluating designs, presenting concepts to clients and tracking projects, artificial intelligence (AI) is helping architects work better and faster.“AI allows architects to spend more time doing what only they can do: think critically, synthesise complexity and design with intent,” says Dikshu C Kukreja, Managing Principal, CP Kukreja Architects. “Every minute reclaimed from repetitive processes can be invested in creativity, contextual understanding, interdisciplinary collaboration and innovation – the qualities that define meaningful architecture.”To read the ..

Real Estate

30 Jul 2026

Redevelopment 2.0

In 2017, Mumbai identified 160,000 ageing buildings due for structural audit. Close to half of these were in the Western Suburbs. Redeveloping the oldest and structurally weakest of these would help unlock new housing, much needed given the city’s growing population density and constant developed area of 437.7 sq km. At 30,600 people per sq km in 2024, Mumbai’s density was almost thrice that of Gurugram, and 60 per cent higher than Bengaluru’s.Essentially, Mumbai’s realty market has demand. It has capital. It has realty development potential.Fast forward to 2026. Mumbai has 1,094 regis..

Technology

30 Jul 2026

Cost intelligence will become a strategic contributor to project success

As India's construction industry accelerates its digital transformation, integrated platforms, AI and connected data are becoming essential to improving cost certainty, project efficiency and sustainability. Ravi Kumar, Sales Director – India, RIB Software India, shares how digital workflows are reshaping project planning, commercial management and decision-making across the construction value chain.India's construction sector is embracing digital technologies at an unprecedented pace. From your perspective, what are the biggest shifts driving this transformation and how is RIB Software enab..