IFSCA Panel Proposes Direct Listing at GIFT City

01 Sep 2023 CW Team

The International Financial Services Centre Authority (IFSCA) has set its sights on streamlining the process for direct listings at Gujarat International Finance Tec-City (GIFT City). In a recent development, the IFSCA panel has recommended crucial changes to the regulatory framework, aiming to make GIFT City a more attractive destination for companies looking to go public.

The proposed measures seek to simplify and expedite the listing process for businesses in GIFT City's capital markets. This move could potentially unlock significant opportunities for domestic and international companies to raise capital directly, bypassing the traditional route of listing on Indian stock exchanges.

The IFSCA's initiative aligns with GIFT City's broader vision of becoming a global financial hub. It is expected to boost investor confidence and attract a broader range of businesses, including startups and tech firms, to list their shares at GIFT City. By facilitating direct listings, the IFSCA aims to position GIFT City as a competitive player in the international financial landscape, ultimately fostering economic growth and job creation.

These recommendations signal a progressive step towards establishing GIFT City as a prominent financial centre and may contribute to India's broader economic transformation.

Infrastructure Urban

01 Aug 2026

AI Data Centre Leaders Map India’s Infrastructure Roadmap

Mumbai, 22 July 2026: As artificial intelligence reshapes global digital infrastructure, industry leaders gathered in Mumbai today at the AI-Powered Data Centre Conference 2026 to discuss how India can build the capacity, technology and ecosystem required to emerge as a global AI infrastructure hub. Organised by ASAPP Info Global Group and conceptualised by FIRST Construction Council, the conference revolved around the theme, “From Capacity Gap to AI Superpower: Building India's Digital Backbone for the Intelligence Economy.” Bringing together developers, technology providers, enterpr..

SCLR Extension Nears Completion Linking BKC With Signal-Free Route

The Santacruz-Chembur Link Road (SCLR) extension towards Bandra-Kurla Complex (BKC) via the Mumbai University campus has entered its final stage, bringing motorists closer to a direct, signal-free connection between the Western Express Highway and the city’s commercial district. The elevated connector is being built as an arm from the SCLR alignment and will link the western suburbs with BKC without surface signals. The link is designed to reduce journey times for commuters travelling from the western suburbs to BKC and to improve access to eastern Mumbai. By carrying through traffic above s..

Raiganj MP Seeks Bengal Only Highway Link To Siliguri

Raiganj Member of Parliament Kartik Chandra Paul met Union Minister for Road Transport and Highways Nitin Gadkari in New Delhi to press for a new stretch of national highway in North Dinajpur district. He urged approval for a Bengal-to-Bengal link that would connect National Highways 12 and 27 to allow vehicles bound for Siliguri to avoid the current route through Kishanganj in neighbouring Bihar. He also submitted a proposed alignment of the new road to the ministry for consideration. At present vehicles from Raiganj travel along NH-12 and join NH-27 at Purnia More in Dalkhola, a route that p..