Bhopal – Madhya Pradesh is set to embark on an ambitious urban development project, with plans to establish 10 smart cities modeled after Gujarat International Finance Tec-City (GIFT City). This initiative, recently announced by Chief Minister Dr. Mohan Yadav in Indore, aims to create integrated hubs for health, education, industry, and housing. In the first phase, the state capital, Bhopal, has been selected for the development of an integrated township. This township will be built on a sp...Read More

Gandhinagar: Cognizant (Nasdaq: CTSH), a leading company in technology and professional services sector, today announced the launch of its new techfin centre in GIFT Cit herey, marking a further expansion of its operations in India. The facility was inaugurated by Bhupendra Patel, Chief Minister of Gujarat, and Jatin Dalal, Chief Financial Officer, Cognizant ; senior leadership and associates of the company. Located in GIFT City, the techfin centre is designed to accelerate digital and AI-le...Read More

Gandhinagar: Germany headquartered Infineon today opened its Global Capability Centre at Fintech tower in GIFT City here. The Centre was inaugurated by Gujarat Chief Minister Bhupendra Patel. On this occasion, fiscal incentives' approval document was handed over by the State government. Government of Gujarat Department of Science & Technology under Government of Gujarat launched Global Capability Centre policy 2025-2030 in February this year and Infeineon Centre in Gujarat is the first gl...Read More

Gandhinagar: Axis Bank, one of the largest private sector banks in India, has become the first Indian bank to execute an aircraft financing transaction through its International Banking Unit (IBU) at GIFT City IFSC. The deal was completed for AI Fleet Services Ltd (AIFS), the leasing arm and wholly owned subsidiary of Air India (a Tata Group Company). This marks a breakthrough in India’s aviation finance sector, traditionally dominated by multinational banks, and reinforces GIFT City’s...Read More

Gandhinagar: Gujarat Metro Rail Corporation(GMRC) has today announced the timings of metro trains connecting Motera station in Ahmedabad to Sector-1 station in Gandhinagar. The service under phase-2 is going to be launched by Prime Minister Narendra Modi on 16 September, and it will be available to the people on 17 September. The two routes shall be Motera to Sector - 1 via GNLU. And GNLU to GIFT city. The services from Motera Stadium Metro station to Sector 1 Metro station will be from 8 am ...Read More

Gandhinagar: The Reserve Bank of India has issued a circular today regarding the Remittances to International Financial Services Centres (IFSCs) under the Liberalised Remittance Scheme (LRS) Welcoming this, Tapan Ray, Managing Director and Group Chief Executive Officer of GIFT City said -“We at GIFT IFSC welcome the Reserve Bank of India's recent circular expanding the scope of the Liberalised Remittance Scheme (LRS). This decisive move aligns GIFT IFSC with other global financial centers, al...Read More

Gandhinagar: The Gujarat government signed an MoU with Microsoft on Saturday to establish an Artificial Intelligence (AI) Center of Excellence at GIFT City.  The MoU was signed in the presence of Chief Minister Bhupendra Patel in a program held by the Science and Technology Department in Gandhinagar. Microsoft, NASSCOM, and IBM have collaborated with the Gujarat government to advance AI capabilities in the state. The government has signed an MoU with Microsoft to set up an AI Center of Excel...Read More

Gift City Gujart, Gandhinagar: Axis Bank inaugurated its first domestic retail branch at Gujarat International Finance Tec-City (GIFT City) for both retail and institutional customers. The new branch is located at Tower D, WTC Block No. 51, Road No. 51, Shop 10 & 11, GIFT City, Gandhinagar, Gujarat, India – 382355. The new domestic retail branch at GIFT City will complement Axis Bank’s existing banking unit, which focuses exclusively on international business within the International Fina...Read More

Gandhinagar: The Asian Development Bank (ADB) has approved a USD 23 million loan to enhance access to quality fintech education, research, and innovation at the Gujarat International Finance Tec-City (GIFT) in Gujarat. DeshGujaratRead More