India’s GIFT City issues first family fund licence

Public filings show Poornam Asset Management has authorised capital of RS 7m ($75,175.86). Credit: Khakimullin Aleksandr/ Shutterstock.com. Gujarat International Finance Tec-City, known as GIFT City, has awarded its first full licence for a family investment fund, in a development for private wealth activity at the centre.  The approval went to Poornam Asset Management IFSC, reported Reuters, citing an official…

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Air India Crash: Air India Crash Victim story: ‘i have nothing left’: indian-origin man who lost wife, daughter in air india crash faces deportation from uk | World News

Nearly a year after the devastating Air India Flight 171 crash claimed the lives of his wife and two-year-old daughter, a 28-year-old Indian-origin man is now fighting a fresh battle — to remain in the United Kingdom.Mohammadmiya Sethwala, originally from Gujarat’s Vadodara, was informed by the UK Home Office on April 9 that his application…

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