Question
Which bank has successfully re-domiciled Alchemy India
Long Term Fund from Mauritius to GIFT City in Gandhinagar, which houses India’s first International Financial Services Centre (IFSC)?Solution
Kotak Mahindra Bank Limited has announced it has successfully re-domiciled Alchemy India Long Term Fund from Mauritius to GIFT City in Gandhinagar, which houses India’s first International Financial Services Centre (IFSC).  The bank has issued the first-ever foreign portfolio investor (FPI) license to Alchemy’s Fund incorporated in GIFT and registered with IFSCA for relocating from its original jurisdiction to the new one. This is the first such FPI license issued by a custodian bank or designated depository participant (DDP) in India, to a fund incorporated in GIFT City, to relocate an existing fund.
Which of the following was identified as a key objective for Invest India's first overseas office, which opened in Singapore in 2024?
Who has been appointed Director in the Department of Promotion of Industry and Internal Trade (DPIIT) by the Department of Personnel & Training (DoPT)?
Which of the following organization gets DSCI AISS Award for ‘Best Security Practices in Government Sector’?
Which of the following countries has won the Davis Cup 2022 by defeating Australia in the finals?
Ivory Coast recently joined the United Nations Water Convention as the 10th African nation. Which of the following statements about this development is ...
What does the term ‘Vithoot’ mean in Kerala’s afforestation programme?
The Employees' Provident Fund Organisation (EPFO) is in the process of appointing an actuary firm for which purpose?
Who is the author of the book "Human Rights and Terrorism in India,"?
What was the estimated tiger population in the Sundarbans Tiger Reserve at the time of expansion?
Which two organizations have joined forces to revolutionize India's map content?
Relevant for Exams:
