The working group said in its recommendations that a five-day work week will align with practices adopted in international financial centres and offshore units of Indian banks. "The government wants to position GIFT City as a major financial hub. All these steps are very important benchmarks for an aspiring international financial centre like GIFT IFSC," said another official.
In a notable development, individuals employed in GIFT City (Gujarat International Finance Tec-City) and authorized visitors will now be granted liquor permits, allowing them access to alcoholic beverages within the designated area. However, while hotels within GIFT City are permitted to serve liquor, they are restricted from selling bottled alcohol as per the latest regulations.
PRESS RELEASE Additions to the S&P BSE SME IPO Index MUMBAI, MARCH 29, 2023: With reference to Notice No: 20230328-10 and 20230328-21,. | March 29, 2023