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Internationalisation of Indian equities through GIFT IFSC could be a gamechanger

A long-standing ask of Indian startups and companies wishing to tap global pools of capital has been accomplished by allowing them to offer their securities on permissible international exchanges in GIFT IFSC. This internationalisation of Indian equities also solves two complaints global investors had: interface with tax authorities, and currency conversion friction
Adrs Gdrs Aatmanirbhar Bharat Abhiyan Foreign Exchange Management Act India International Exchange International Exchange Ministry Of Corporate Affairs On

Govt allows direct listing of Indian cos on international exchanges of GIFT IFSC

The government on Wednesday permitted the direct listing of securities by Indian companies on international exchanges of GIFT IFSC to boost foreign investments. The Department of Economic Affairs (DEA) in the Ministry of Finance has amended Foreign Exchange Management (Non-debt Instruments) Rules and notified the Direct Listing of Equity Shares of Companies Incorporated in India on International Exchanges Scheme.
Nirmala Sitharaman Indian Companies Exchange Board Of India Sebi International Exchange International Financial Services Centres Authority Department Of Economic Affairs

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Feature: China's local opera troupe stages performance in Nairobi amid growing Sino-Kenyan ties

NAIROBI, Sept. 6 (Xinhua) -- A thrilling performance of Wu Opera by a troupe from east China's Zhejiang Wu Opera Research Center showcased Chinese dramas and musical compositions to the delight of the audience in the Kenyan capital of Nairobi on Tuesday night.
Nairobi Area Lou Sheng Wang Xiaoping Felix Kiplagat Hasnick Omondi Michael Pundo

China-Cyprus direct flights 'top priority'

Tourism authorities from Cyprus and China participated in a virtual seminar titled China-Cyprus Tourism Promotion Webinar on Wednesday, aiming to bolster tourism relations between the countries.The webinar was led by Kostas Koumis, Cypruss Deputy Minister of Tourism, and Zhang Weiguo, the Deputy Di
Li Kun Zhang Weiguo Office Of International Exchanges Ministry Of Culture Deputy Ministry Cyprus Tourism Promotion

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