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.
International Arbitration Centre at GIFT IFSC set to improve certainty in resolving disputes : Rashtra News #International #Arbitration #Centre #GIFT #IFSC #set #improve #certainty #resolving #disputes The government is working towards making the investor-state dispute settlement mechanism more robust by implementing a framework including party autonomy, neutrality and legal certainty while setting up the proposed
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.
The passing of former Steinhoff boss Markus Jooste will not have an impact on the ongoing investigation relating to fraud and misrepresentation at the erstwhile JSE-listed.