Gift City's regulator wants more say in fund formation for business district - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Gift City's regulator wants more say in fund formation for business district

Since IFSC is treated as 'foreign territory' from exchange control perspectives, capital infusion for setting up a fund in the IFSC is considered as 'outbound investment' for floating an offshore financial services subsidiary

from Industry-Economic Times
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