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The much-hyped expansion plans of GIFT City have been put on hold. The Government of Gujarat has retracted and pulled back two notifications it issued last year. Citing that the proposed expansion is not in the interest of rational development of the area, the urban development and urban housing department of the Gujarat government has […]
The New Development Bank (NDB) of the BRICS countries plans to inaugurate its regional office at Gujarat’s International Technology City. The regional office of NDB at GIFT city, Gandhinagar, aims to cater to the infrastructural and sustainable development needs of the BRICS nations. Moreover, the NDB Indian Regional Office would work closely with the NDB […]
FedEx, one of the largest logistics companies in the world, met the Chief Minister of Gujarat, Bhupendra Patel, in Gandhinagar, on Tuesday, 3rd May 2022. FedEx’s visiting purpose was to verify the feasibility of setting up a Center of Excellence in GIFT City. Bhupendra Patel expressed readiness from the State Government’s side to cooperate with […]
In GIFT City, Gandhinagar, Gujarat, Punjab National Bank (PNB) is launching an international banking unit. PNB’s Managing Director and CEO, Atul Goel, officially opened the branch on April 9, 2022. The ceremony was graced by the presence of Vibha Aren, General Manager of International Banking, Binay Kumar Gupta, Zonal Manager-Gujarat, and other banking officials. PNB […]
Two multistore towers will be constructed on land purchased by Bollywood megastar Amitabh Bachchan near Gujarat International Finance Tech (Gift) City in Gandhinagar. Gujarat State Government has approved the construction permit of the twin luxury residential towers. The land, 23,619 square meters, worth Rs 7 crores was bought by Amitabh Bachchan at Shahpur in Gift […]
Union Budget 2022-23 has been announced today at the Parliament by union finance minister Nirmala Sitharaman’s second budget amidst the ongoing Covid-19 pandemic. The Union Budget focused on providing access to education to students considering the effect it had on education especially in rural India. The education sector has been allocated a budget of Rs […]
