04.06.2015 - Reliance Cap to set up global commodity exchange at GIFT City
In yet another major fillip to Gujarat International Finance Tec-City (GIFT), the Gujarat government has alloted five lakh square feet of space to the Anil Ambani-led Reliance Capital. The space, alloted in the IFSC SEZ area of GIFT, fast on its way to becoming India’s first greenfield smart city, is the largest taken by any private sector company till date. he company will set up its business including global alternate investment funds, commodity exchange and other international businesses in the GIFT city subject to requisite approvals from the regulators.The total space allocated for commercial purpose in the GIFT city is worth Rs 6,000 crore...............................................Full Article: Source
Print