India Business News: Mumbai: International Financial Services Centres Authority (IFSCA), the regulatory body for the IFSC-GIFT City in Gujarat, has allowed non-banking ent.
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The cuts, which will impact about 6% of its 5,500 to 6,000 staff, will most likely happen across teams like technology, call centre, and corporate roles. As per briefs given to senior leaders in the firm, the layoffs are expected to kick in over the next few weeks.
The new framework allows unlisted and listed public companies to list their shares on the two bourses operating in GIFT City – India International Exchange and NSE International Exchange.