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Top related persons:
Nirmala Sitharaman - 1 Narendra Modi's - 1 I'm - 1 Sitharaman - 1 Manch - 1 Aftab Ahmed - 1 Muralikumar - 1
Top related locs:
DELHI India Gujarat Singapore City New Delhi
Top related orgs:
International Financial Services - 1 Gujarat International Financial Tech City - 1 Singapore - 1 International Exchange - 1 Thomson - 1

Search resuls for: "Manch"


2 mentions found


☆ India lets firms list on Modi's flagship finance hub to draw foreign capital
  + stars: | 2023-07-29 | by ( ) www.reuters.com   time to read: +1 min
Listed and unlisted companies can list their shares in the International Financial Services Centre (IFSC) housed in the Gujarat International Financial Tech City (GIFT), which is Prime Minister Narendra Modi's flagship project. "I'm pleased to announce that the government has taken a decision to enable direct listing of listed and unlisted companies on the IFSC exchanges," Sitharaman said. Indian companies can currently only list on foreign exchanges through instruments such as depository receipts. The government had announced plans in 2020 to allow firms to have their primary listings on foreign exchanges. The government has said companies can use the IFSC route to access similar benefits of foreign capital.
Persons: Nirmala Sitharaman, Narendra Modi's, I'm, Sitharaman, Manch, Aftab Ahmed, Muralikumar Organizations: International Financial Services, Gujarat International Financial Tech City, Singapore, International Exchange, Thomson Locations: DELHI, India, Gujarat, Singapore, City, New Delhi
☆ Indian group calls for cap on entry fees for online games amid regulatory push
  + stars: | 2022-09-20 | by ( Aditya Kalra Abhirup Roy | Aditya Kalra | Abhirup Roy | ) www.reuters.com   time to read: +4 min
Dream11 and MPL logos are displayed in front of the Indian flag in this Illustration taken September 14, 2022. This is an addiction," said Ashwani Mahajan, an official of the Swadeshi Jagran Manch, which is seen as having significant influence on Indian policy making. The tiny remaining share of 3% users contribute 30% of the platform's revenue by playing higher ticket-sized games, one industry source estimated. Dream11 commands a valuation of $8 billion, while MPL and Games24X7 are valued at about $2.5 billion each, PitchBook data shows. "Most of the matured industry is quite clear that regulation will only help," said Barde.
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