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Saudi Arabia's Investment Minister, Khalid bin Abdulaziz Al-Falih, announced plans to establish an office in India's Gujarat International Finance Tec-City (GIFT City), with a strong Saudi delegation set to visit India for this purpose in the coming weeks. GIFT City is India's tax-neutral financial
The Chairperson of the International Financial Services Authority (IFSCA), K Rajaraman, announced plans to introduce payment regulations in the GIFT City within the next few months to facilitate instant payment settlements. Speaking at the Global Fintech Fest 2023, Rajaraman also mentioned ongoing efforts to establish a real-time gross settlement system
Larsen & Toubro (L&T) shares have surged this week, reaching record highs and gaining up to 5 percent. On September 29, the stock hit an all-time high of Rs 3,057 per share on BSE, rising by 1.5 percent. On Friday, approximately 11 lakh shares were traded
The Jalan Kalrock Consortium (JKC), which successfully resolved the Jet Airways case, has fulfilled its financial commitment by injecting an additional Rs 100 crores ($12 million), reaching a total equity contribution of Rs 350 crores ($42.1 million) as mandated by the court-approved resolution plan. The consortium's objective
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