Latest News for: Offshore gifts

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Grand Theft Auto Trilogy Achievements Leak Online

Game Rant 15 Oct 2021
Rockstar Games has confirmed that Grand Theft Auto. The Trilogy - The Definitive Edition is releasing for numerous platforms before the year is out. However, Rockstar has kept tight-lipped about what exactly this collection will entail ... RELATED ... Offshore Delivery Complete "A Drop in the Ocean" ... A Gift from teh King Complete the "Kingdom Come" mission.
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Toy Association president warns some children's gifts will cost up to 10% MORE this Christmas ...

The Daily Mail 14 Oct 2021
The president of the Toy Association has warned that the cost of children's gift will rise by ten percent this year amid a crisis at America's ports ... Toy Association president Steve Pasierb said some children's gifts will cost up to 10 percent MORE this Christmas and families should plan ahead for holiday season purchases.
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Pandora Papers: The secret trove that illuminates the lives of billionaires

Independent online (SA) 06 Oct 2021
prosecutors, offering millions of dollars' worth of gifts in exchange for "lucrative business opportunities.". While cash may be the traditional means of providing untraceable gifts to politicians, the very wealthy often turn instead to the offshore world to produce an alternative currency ... Using offshore companies to own yachts is common and legal.
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Aliyev’s 11-Year-Old Son Owned $45 Million Property in Central London

Asbarez 05 Oct 2021
While this is not the first time it has been revealed that the family of Azerbaijan’s President Ilham Aliyev has purchased hundreds of millions of dollars of properties in foreign countries through offshore companies, it is the latest and most detailed such scandalous news ...Offshore companies can offer to help people hide dodgy cash or avoid tax.
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NSE, SGX want to rope in Hong Kong brokers on GIFT platform

Business Line 14 Sep 2021
Singapore bourse SGX and India's National Stock Exchange (NSE) are in favour of allowing brokers from Hong Kong to trade on the Gujarat based GIFT City platform, which is being promoted as India's tax free offshore destination ... Those registered on SGX will be able to trade on NSE's GIFT platform via the SPV.
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Equal Opportunity for Indian Sponsors to deepen our offshore ecosystem GIFT IFSC

Hindustan Times 08 Sep 2021
RBI permitted fund managers to make sponsor contributions to AIFs in Gift City ... Equal Opportunity for Indian Sponsors to deepen our offshore ecosystem GIFT IFSC is the main objective of this clarification ... It may be worthwhile to consider this too as a part of the eligibility criteria to participate as sponsors in an AIF domiciled in GIFT City.
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Indian Oil lists foreign currency bonds on IFSC exchanges

The Times of India 02 Sep 2021
listed has listed its foreign currency bonds on IFSC (International Financial Services Centre) exchanges at Gujarat International Finance Tec-City (GIFT) ... According to him, the advent of IFSC at Gift City has provided an opportunity for Indian companies to access offshore funds within India.
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IndianOil’s foreign currency bonds list on NSE’s international exchange

Business Line 02 Sep 2021
“The advent of IFSC at Gift City has provided an opportunity for Indian companies to access offshore funds within India, and we believe that today’s listing of our bonds is a step in that direction,” he added ... attract foreign investment to make Gift IFSC a global financial hub.”.
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Children's Discovery Museum of the Golden Crescent to host gala

Victoria Advocate 28 Aug 2021
16 Auction items include an offshore fishing trip, $500 gift card to Cotton Belles Boutique and Co., basket and gift card for a luxury picnic, hunting trip in Argentina, a vacation at a home in Port O'Connor, spa services and a huge wine basket, among others.
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HDFC Bank lists $1-billion AT1 bonds in NSE’s global exchange

Business Line 27 Aug 2021
... (IFSC) in GIFT City, Gandhinagar. HDFC Bank became India’s first lender to exclusively list AT1 bonds on GIFT-IFSC ... Manoj Kumar, Executive Director, IFSC-Authority, termed it a major milestone for GIFT IFSC in onshoring the offshore financial services for Indian institutions.
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HDFC Bank lists $1-bn AT-1 bonds on IFSC exchanges

The Times of India 26 Aug 2021
Leading private sector lender HDFC Bank on Thursday listed its USD 1 billion additional tier- I (AT-1) bonds on the IFSC (International Financial Services Centre) exchanges at Gujarat International Finance Tec-City (GIFT) ... According to him, this is a major milestone for GIFT IFSC in onshoring offshore financial services for Indian entities ... .
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HDFC Bank lists $1 billion AT1 dollar bonds on IFSC exchange

Live Mint 26 Aug 2021
... bonds, on International Financial Services Centre's exchange at GIFT city ... This is a major milestone for GIFT IFSC in onshoring the offshore financial services for Indian entities," said Manoj Kumar, executive director, International Financial Services Centres Authority (IFSCA).
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Offshore challenge

Business Line 22 Aug 2021
Some of the suggestions such as allowing trading of rupee derivative contracts in the international financial service centre in the GIFT (Gujarat International Finance Tech) City and allowing Indian banks in the GIFT City to participate in the offshore NDF market have been implemented over the last two years.
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GIC shuts Dubai office, will shift to GIFT City

The Economic Times 16 Aug 2021
GIFT City is the only ... Companies here function like offshore entities.
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GIC reports Rs 771 crore loss due to Covid deaths

The Times of India 15 Aug 2021
Following this, the corporation has decided to carry out its operations from GIFT City India ... The corporation’s board also approved the decision on July 7 and decided to continue the activities relating to the Dubai branch from GIFT City. “We have major plans for growing operations in GIFT city,” said Srivastava.
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