Gujarat International Finance Tec-City (GIFT)

Gujarat International Finance Tec‐City Company Limited (GIFTCL) incorporated in June 2007

50: 50 Joint Venture between

  • Gujarat Urban Development Co. Ltd. (GUDC) and
  • Infrastructure Infrastructure Leasing Leasing and Financial Financial Services Services Ltd. (IL&FS)

Share Capital: Capital: Rs. 5 Cr and PDF of Rs. 40 Cr

Management

  • 4 Directors nominated by Government of Gujarat
  • 4 Directors nominated by IL&FS
  • 4 Independent Directors

Guarat International Finance Tec-City

With a vision of becoming a leading global financial & technology hub, the evolution of GIFT City is an opportunity to drive reforms towards providing a thriving financial ecosystem critical to support and expand businesses. GIFT City is inclined to provide the conducive business eco-system at par or above with leading global financials hubs.

GIFT City is a project of national importance and has become an integral part of the India’s growth story as the country marches towards realizing the dream of becoming a developed nation.

Building a brand identity

NT was established in January last year through the merger of CAT Telecom and TOT.

NT's assets comprise 25,000 telecom towers, nine routes of submarine cables, total spectrum of 600 megahertz of bandwidth on six spectrum ranges, 4,000 kilometres of cable conduits, 4 million fibre-optics cores and 13 data centres and international call services.

NT holds 20MHz of bandwidth on the 700MHz spectrum range secured through a 2020 auction by CAT Telecom, as well as 400MHz of bandwidth on the 26-gigahertz range held by TOT.

Southeast Asia's telcos to look to tower, tech deals as 5G rollout costs add up

Operators in Indonesia, Malaysia and Thailand may boost investment in services such as health tech, as well as in data centers and other physical infrastructure as distractions caused by major operator deals in all three countries fade away. The nations saw $30 billion in total merger announcements last year, led by a mega $15 billion deal in Malaysia, as telcos sought to pare price wars and boost scale for 5G network investments.

Annex for IRI Guide

The Guidelines are also supplemented with helpful resources.

Annex 1 provides five generic Worked Examples which help demonstrate how The Guidelines can be applied to real-world projects. All Worked Examples presented in this report are hypothetically recreated solely for the purpose of demonstrating the concept of CVC.