Category Business News

What is SBI General’s ‘Surety Bond Bima’ and How Does It Benefit Infrastructure Projects?

What is SBI General's 'Surety Bond Bima' and How Does It Benefit Infrastructure Projects?

The Indian State bank of India’s non-life insurance arm SBI General Insurance has recently launched an insurance product named as ‘Surety Bond Bima’ (Conditional and Unconditional). This product was introduced on Tuesday and its application is strictly geared towards infrastructure…

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Are Domestic Family Offices Prohibited from Establishing Funds in GIFT City? Here’s the Truth

Are Domestic Family Offices Prohibited from Establishing Funds in GIFT City? Here's the Truth

Government Sources Clarify: Modification of code No Ban on Domestic Family offices to set up Investment funds Many invest in GIFT City. As per reliable government sources, contrary to recent enthusiasm on social media and news reports, domestic family offices…

Read MoreAre Domestic Family Offices Prohibited from Establishing Funds in GIFT City? Here’s the Truth