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ET Markets - Industry 67d ago
Adani, Arcelor among firms setting up treasury operations in GIFT City, sources say
Major firms like Adani, Bharti Airtel, Genpact, and ZF Friedrichshafen are setting up treasury operations in India's GIFT City. This tax-neutral finance zone offers cheaper funding and lower taxes on remitting dividends. Seventeen corporate treasuries are expected to begin operations in the next three months. This move aims to rival financial hubs like Singapore and Dubai, attracting global capital management.
ADANIENTADANIPORTSAKCAPITAVONMOREBHARTIARTLCAPITALSFBCIFLCPCAPGLOBALINDOSTARJMFINANCILLTFNAHARCAPConsumer ServicesFinancial Services
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Moneycontrol NaNd ago
Taking Stock: Sensex, Nifty end flat ahead of RBI policy; consumer durables, capital goods shine
More than 120 stocks touched their 52-week high on the BSE, including Cemindia Projects, Nippon Life India Asset Management, Jindal Saw, HFCL, Syrma SGS, Laurus Labs, Polycab, Vodafone Idea, Federal Bank, IFCI, JK Bank, Welspun Corp, RBL Bank, among others.
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