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

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Infrastructure Energy

04 May 2026

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

Infrastructure Urban

04 May 2026

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..