15.15.Companies Operating in GIFT City

NOTABLE COMPANIES IN GIFT SEZ-IFSC

Banking:

State Bank of India IDBI Bank Bank of Baroda Indian Bank Axis Bank HDFC Bank Kotak Bank Federal Bank Bank of America (IFSC)

Insurance &

Intermediate: GIC Re ECGC The new India Assurance Company

Intermediates: Trinity group Bharat Re insurance brokers Unison insurance brokers Capital Markets: NSE IFSC ltd India INX Ltd Edelweiss Ltd Kotak securities Ltd India ICC NSE IFSC Clearing Corporation IIFL IFSC Ltd Others

Many notable companies are operating in GIFT SEZ such as banking companies like State bank of India, IDBI Bank, Bank of Baroda, Indian Bank, Indian Bank, Axis Bank, HDFC Bank, Kotak bank, Federal bank, and Bank of America. Insurance and intermediate companies operating such as ECGC, The new India company, Trinity group, unison Insurance brokers, and GIC Re. Operating capital markets such as NSE IFSC Ltd, India INX Ltd, Edelweiss Ltd, Kotak securities Ltd Etc.

NOTABLE COMPANIES IN DTA

Financial Services:

SIDBI Bank of India IDBI Bank of Baroda HDFC Bank Andhra Bank Canara Bank Syndicate bank GSC Bank MCX

IT &ITeS:

Oracle TCS InfiBeam Befree Maxim Integrated N-Code solutions Software technology parks of India (STPI)

Others:

GERC GNFC Kennis TATA Chemicals Ltd

Operating Financial services companies within GIFT SEZ are Bank of Baroda, Andhra bank, Canara bank, Syndicate bank, MCX, GSC Bank. Some IT/ITes Companies operating already are Oracle, TCS, Infibeam, Befree, STPI etc.