PM Narendra Modi s plan to make a Singapore in Gujarat falls flat deccanherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from deccanherald.com Daily Mail and Mail on Sunday newspapers.
Updated Mar 01, 2021 | 16:43 IST
A majority of lessors are based in Ireland due to its attractive tax policy. In recent years Chinese companies too have increased their share in aircraft leasing IndiGo, BOC Aviation sign purchase-leaseback agreements for eight A320neo planes
New Delhi: BOC Aviation Limited has signed sale-and-leaseback pacts with InterGlobe Aviation Ltd-operated IndiGo for eight new Airbus A320neo aircraft. We are delighted to partner once again with IndiGo, India’s largest passenger airline, as we continue to support our airline customers to finance their aircraft deliveries, said Robert Martin, Managing Director and Chief Executive Officer, BOC Aviation.
March 01, 2021
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National Stock Exchange of India, Multi Commodity Exchange, BSE subsidiary India INX International Exchange, National Securities Depository and Central Depository Services have signed a Memorandum of Understanding for setting up Market Infrastructure Institutions comprising International Bullion Exchange, Clearing Corporation and Depository at Gujarat International Finance Tec-City (GIFT).
This move is in line with the government’s objective to make India a price-setter in bullion trade through GIFT International Finance Service Centre.
This is in accordance with the International Financial Services Centres Authority (Bullion Exchange) Regulations, 2020 and other applicable Laws.
Last October, the Centre had notified a Bullion Spot contract and Bullion Depository receipt under the IFSCA Act, 2019. Though NSE, MCX and BSE had expressed interest to set up a bullion exchange separately, the newly appointed regulator the International Financial Services Centre Au
SBI may enter aircraft leasing business, looking for partners timesnownews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timesnownews.com Daily Mail and Mail on Sunday newspapers.
Two Indian, Two Foreign Companies To Establish Aircraft Leasing Arm At GIFT City In Gujarat
GIFT 1 and GIFT 2, the completed towers of the city
Civil aviation secretary Pradeep Singh Kharola revealed that international aircraft financing and leasing companies namely Acumen Aviation from Ireland and Investec Aviation Finance from London will establish aircraft leasing arms at the International Financial Services Centre (IFSC) in Gujaratâs GIFT City,
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Domestic companies like JetSetGo Aviation Services Pvt Ltd and aviation consultancy and asset management firm Vman Aero will join the foreign companies in this initiative. Union Budget 2021 promotes this vision by providing incentives and tax holidays on capital gains for aircraft leasing firms operating in the GIFT City.