GIFT City’s maiden IPO scrapped, XED cites geopolitical uncertainty
The Mumbai-based executive education firm’s IPO was supposed to be a trendsetter. But a failed launch delays the adoption of GIFT City exchanges as a lucrative option to raise foreign capital.
30 March, 2026•3 min
0
30 March, 2026•3 min
0
Getting your Trinity Audio player ready...
More in Business
Business
Jubilant finally moves on from Dunkin’
The restaurant chain operator has decided not to renew its franchise agreement for the coffee and donut chain in India. This was a long time coming, and it’s only good news for Jubilant and its shareholders.
You may also like
Business
NSE’s IPO bankers likely to run into a seller problem
Many of its 186,000 eligible shareholders are unlikely to sell their stock in the upcoming offer-for-sale—opting to resist formal price discovery and wait it out instead.
Business
GIFT City’s loose IPO rules could be risky business
As XED lists, the global finance hub’s lighter regulations raise the spectre of the same excesses seen in SME markets.
Internet
Is the cross-border payment aggregation wave here to stay?
Firms like Razorpay and Pine Labs are eyeing the lucrative international remittances market with their newly received cross-border payment aggregator licences. The opportunity, albeit large, is not without challenges.
