BSE Brokers’ Forum buys 3 lakh sq ft in GIFT city
.jpg)
The Rs 70,000-crore ambitious Gujarat International Finance Tec-City (GIFT City) on Wednesday was handed over the allotment letter for the development of commercial tower for the members of BSE Brokers’ Forum. Gujarat finance minister Saurabh Patel handed over the letter to BSE Brokers’ Forum vice-chairman Alok Churiwala.
GIFT City is India’s first globally-benchmarked International Financial Services Centre and will host an iconic futuristic Green Tower for members of BSE Brokers’ Forum, which will be set up at an estimated cost of R120 crore, and will host their back-office operations as it will offer modern facilities at a significantly lower cost. The Forum has been allotted 3 lakh sq ft for development of a commercial building for their members. BSE may also set up an exchange office.
The Forum has been playing a vital role in the development of the capital market in general and trading members in particular. The Forum holds around 40% equity in the BSE.
Other Latest News
.webp)
AstraZeneca's Covid-19 prevention therapy reduced the risk of infection in patients with weaker immunity in a late-stage trial, meeting its primary goal, the drugmaker said on Thursday.
The long-acting antibody therapy called sipavibart showed a "statistically significant reduction" in symptomatic Covid-19 cases among immunocompromised patients, the company said.
.webp)
Holding a roadshow in the Odisha capital in support of party candidates, BJP president J P Nadda on Thursday asserted that people of the state have "decided to give rest" to Chief Minister Naveen Patnaik by electing the saffron party to power.
Nadda, who was standing in a saffron-coloured open-hood vehicle flanked by Bhubaneswar's BJP MP and candidate Aparajita Sarangi and Ekamra-Bhubaneswar assembly seat's party nominee Babu Singh, was seen waving at crowds on both sides of the road during the roadshow from Mausina Chhak to Lingaraj temple.
.webp)
IT company Tech Mahindra on Thursday said it has collaborated with IBM to assist businesses worldwide in responsibly accelerating the adoption of generative AI (GenAI).
Under the partnership, TechM amplifAI and IBM watsonx will integrate to bring new GenAI and governance capabilities to enterprises, according to a company statement.
.webp)
Congress veteran Bhupinder Singh Hooda on Thursday said people are looking at his party with great hope and it is set for a clean sweep in Haryana in the Lok Sabha elections.
The former chief minister said the Congress is receiving overwhelming public support.
.webp)
The State Bank of India (SBI) has hiked interest rate on retail term deposits by 25-75 basis points for deposits up to 1 year, giving further push to competition for raising resources.
The revised rates for deposits came into effect from May 15, 2024.
.webp)
.webp)
.webp)
.webp)
.webp)
