Yes, it is expected that several Dubai-based organisaĂÂĄtions are keen to develop the Gujarat International Finance Tec-City (GIFT City) project. During the visit, we have met authorities of Dubai International Finance Centre (DIFC), Dubai Multi Commodity Centre (DMCC) and Dubai Metro, with a view to develop GIFT City as a global financial hub.
Tag: ITI
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Batting for Vibrant India
Gujarat as a State has tremendous potential both naturally as well as physically. Being well connected by rail and road is an added advantage although air connectivity needs improvement. Its well-equipped ports are a tremendous boost for industries in the State.
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Merger of BSNL, MTNL, ITI
The proposal to merge the three telecom public sector undertakings BSNL, MTNL and ITI could be one of the first things that the new government could be undertaking. According to sources in the Department of Telecom (DoT), a note for the consideration of the government to this effect is being drafted.
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DoT plans fund for domestic companies
The telecom department plans to set up a Rs 10,000-crore fund that will provide loans at
5 per cent interest raĂÂtes to indigenous companies that enter the networks manufacturing space.
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ITI to pump in `2,380 cr for biz revival
ITI is planning to invest over Rs 2,380 crore to re-start its manufacturing units and
diversify into other businesses. The proposal to clear these funds for ITI's revival is with the Board for Industrial and Financial Reconstruction (BIFR