Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Infibeam arm gets PSP licence from GIFT City IFSC
A subsidiary of Infibeam has secured a Payment Service Provider (PSP) licence from the GIFT City International Financial Services Centre (IFSC) in India. The licence allows it to provide cross-border payment services and remit funds from the IFSC into the domestic economy under regulated frameworks. This development shows how fintech firms are leveraging regulatory liberalisation, IFSC frameworks and financial-services licences to capture global payment flows, service MSMEs and scale operations. It marks a strategic regulatory-compliance milestone and opens new revenue streams while showcasing India’s push toward becoming a fintech hub via GIFT City.