City Ahmedabad Financial News
12.04 / 12:59
UPS
Provident
Mobile
Sustainability
students
show
Features
Ahmedabad-based EV Company ABZO Motors Announces Biggest Discount of 50,000/- Flat Off on Bikes
Making Green Mobility Affordable for Everyone: Electric vehicles are becoming more diverse than ever, expanding beyond automobiles. ABZO Motors is at the forefront of this trend, with the ABZO-VS01, a sporty electric cruiser suited for city riding. To make this eco-friendly solution even more affordable, ABZO Motors is providing a flat INR 50,000 discount on the ABZO-VS01.
11.04 / 09:15
UPS
Provident
Manufacturing
Mobile
country
electronic
Damson Tech plans to move smart gadgets production to India, invest Rs 150 cr in first year
Lifestyle and mobile accessories maker Damson Technologies plans to move half of its manufacturing operations from China to India, with an initial investment of Rs 150 crore in the current fiscal year, a top official of the company said. Electronics manufacturing service provider Damson Technologies, managing director, Ritesh Goenka told PTI that the company has been manufacturing devices in Beijing and now moving half of its production to India due to sanctions imposed by several countries on China coupled with benefits under government schemes in India. «At present, we generate revenue of over Rs 1,000 crore. We plan to bring around Rs 500 crore worth of business to India in the upcoming year. Our long-term vision is to gradually move entire factory operations to India. We need some time to build the entire infrastructure in India,» he said. Damson also makes and sells mobile accessories and lifestyle gadgets under its own brand name «Just Corseca».
10.04 / 16:17
Provident
Progressive
CEO
Research
Universities
2020
Features
QS World University Rankings: IIM Ahmedabad among top 25 for business studies; JNU gets India's top varsity tag
ALSO READ: QS Asia Rankings 2024: India beats China with highest number of universities QS CEO Jessica Turner has said providing high-quality tertiary education in the face of exploding demand is the biggest challenge faced by India. "This was recognised by 2020's NEP (National Education Policy), which set the ambitious target of a 50 per cent gross enrolment ratio by 2035.
09.04 / 11:21
markets
UPS
FIVE
Strategy
reports
Schools
acquires
Ghost Kitchens acquires Ahmedabad-based Shy Tiger Brands
Ghost Kitchens has acquired Ahmedabad-based cloud kitchen firm Shy Tiger Brands. The acquisition is part of Ghost Kitchens’ expansion strategy in Gujarat, it said in a statement. Shy Tiger operates five multi-brand cloud kitchens in Ahmedabad and operates brands like KBOB’s and The Black Chimney. Shy Tiger has an annualised revenue run rate (ARR) of Rs 5 crore, the statement added.
08.04 / 09:50
Remark
Election
community
President
performer
reports
Lok Sabha Elections 2024: 5 explosive crisis factors in Gujarat BJP
Prime Minister Narendra Modi and Union Home Minister Amit Shah. The state sends 26 members to Lok Sabha and has been a BJP stronghold for close to three decades. On April 6, a group of women from the Kshatriya (Rajput) community threatened to perform ‘johar’ (self-immolation) outside the BJP headquarters in Gandhinagar, Gujarat.
08.04 / 05:57
markets
Citi
Target
FIVE
security
Yellow
Trade
Gold Price Today: Yellow metal gains Rs 440/10 grams, tops Rs 71K for first time; silver hits new highs
The uptick was on account of slippages in the dollar index (DXY) which was hovering near the 104.25 mark, down by 0.05 or 0.04%. It has declined 0.73% over the last five trading sessions.
07.04 / 16:13
security
President
performer
country
social
International
cricket
Hardik Pandya finds relief from unending booing as MI secures first IPL 2024 win
Mumbai Indians' captain Hardik Pandya finally received some reprieve from the unending booing he had been subjected to in the last few days, during Sunday's IPL clash against Delhi Capitals at the Wankhede Stadium in Mumbai. Pandya had faced hostility from crowds in previous matches at different stadiums, including Narendra Modi Stadium in Ahmedabad and Rajiv Gandhi International Stadium in Hyderabad. The 29-year-old had been under scrutiny both in person and on social media after his return to Mumbai Indians as captain, replacing Rohit Sharma. During Mumbai Indians' previous home game against Rajasthan Royals, Pandya faced continuous booing, prompting former cricketer Sanjay Manjrekar to appeal to fans for restraint.
05.04 / 13:21
markets
Citi
Aviat
Airlines
Traffic
International
Destinations
Indian non-metro cities are potential sources of demand: Abu Dhabi airport
Mint in an exclusive interaction. Secondary markets (non-metro cities) are rapidly becoming a very important market size-wise for the growth that these cities are experiencing and these airports are experiencing. "In order to allow us to use our infrastructure more efficiently, we are in talks with airlines to serve those secondary markets.
05.04 / 05:45
Provident
Ball
stars
GT vs PBKS IPL 2024: From “accidental purchase” to ‘hero’, Shashank Singh turns match winner for Preity Zinta and Punjab
Indian Premier League, Punjab Kings defeated the Gujarat Titans in a thrilling match on Thursday, primarily due to the bravery of their uncapped Indian star, Shashank Singh. The «unwanted» Shashank Singh on Thursday demonstrated his class with the bat as he assisted Punjab Kings (PBKS) in defeating Gujarat Titans (GT) by three wickets at the Narendra Modi Stadium in Ahmedabad during the Indian Premier League (IPL). With one ball still to spare, Shashank led PBKS home with a brilliant knock of 61 off 29 balls, going undefeated and hitting six boundaries and four sixes. Ashutosh Sharma (31 off 17) provided him with excellent support as the pair shared 43 runs off only 22 balls, raising hopes for PBKS that ultimately came true.
04.04 / 01:47
COST
Gap
wellness
cover
reports
Department
Why India cannot ignore coal anytime soon
Coal is projected to continue as the backbone of the Indian energy system until the next two decades and its phase-down will require active policies on critical minerals, according to a report by the Indian Institute of Management (IIM)- Ahmedabad. The report asserted that net zero is not possible without substantial nuclear power and renewable energy generation by 2070. The report, titled 'Synchronising energy transitions towards a possible Net Zero for India: Affordable and Clean Energy for All,' was released on Wednesday.
03.04 / 14:09
cover
stars
reports
cricket
Sporting
GT vs PBKS IPL 2024: When and where to watch, live streaming details, and more
Gujarat Titans and Punjab Kings have played three IPL matches so far. Gujarat are having an upper hand over Punjab as the team has won two matches against PBKIS and Punjab has bagged 1 match. Gujarat Titans’ highest total against Punjab Kings so far is 190, and Punjab’s highest score against Gujarat Titans is 189.
03.04 / 07:03
UPS
reports
cricket
Tomorrow's IPL Match: GT vs PBKS; who’ll win Gujarat vs Punjab match? Fantasy team, pitch report, and more
Tomorrow's IPL Match: Gujarat Capitals (GT) take on and Punjab Kings (PBKS) at the Narendra Modi Stadium in Ahmedabad on April 4. This will be the fourth match for both teams in IPL 2024. Gujarat, with 4 points from 3 matches and a Net Run Rate (NRR) of -0.738, are at number 5 on the points table.
03.04 / 02:49
Assurant
security
Universities
audience
'For Jawaharlal Nehru, it was India second, China first': S Jaishankar's latest barb against former Prime Minister
Jawaharlal Nehru and claimed that past errors were responsible for contemporary issues such as the Pakistan Occupied Kashmir (POK) and China's occupation of certain Indian territories. During his address at the Gujarat Chamber of Commerce and Industry in Ahmedabad, Jaishankar referenced a historical instance when India was offered a permanent seat in the UN Security Council, highlighting Nehru's alleged statement of "India second, China first." Addressing the audience at the Gujarat Chamber of Commerce and Industry, Jaishankar responded to the query regarding whether India should accept the status quo of Pakistan Occupied Kashmir (POK) and territories occupied by China, or pursue efforts to reclaim them.
02.04 / 11:05
Provident
wellness
bowling
IPL 2024: BCCI reschedules KKR vs RR, GT vs DC matches; check new dates, other details
Kolkata Knight Riders vs Rajasthan Royals was scheduled on April 17 at the Eden Gardens Stadium, Kolkata, and Gujarat Titans vs Delhi Capitals is set to be played on April 17 at the Narendra Modi Stadium, Gujarat. “BCCI announced the rescheduling of two TATA Indian Premier League (IPL) 2024 matches," the board said in an official release.
02.04 / 10:37
Citi
Provident
security
Election
President
Celebrity
travelers
IPL 2024: Two matches KKR vs Rajasthan Royals, Gujarat Titans vs Delhi Capitals rescheduled. Check new dates
Similarly, the match between Gujarat Titans and Delhi Capitals, initially slated for April 16, 2024, at the Narendra Modi Stadium, Ahmedabad, has been pushed back to April 17, 2024. This decision arose due to concerns raised by local police regarding their inability to provide adequate security on April 17, coinciding with Ram Navami celebrations and the upcoming general elections. Kolkata Police had communicated this in a letter to CAB president Snehasish Ganguly.
02.04 / 05:25
Aware
Entertainment
WhatsApp
show
performer
Videos
When Rohit Sharma and commentator Sanjay Manjrekar requested Mumbai crowd to stop booing Hardik Pandya
Mumbai Indians skipper Hardik Pandya continued to face booing from fans even as former skipper Rohit Sharma is yet to shine with the bat in IPL 2024. Crowd hostility persisted at Wankhede stadium on Monday towards Hardik Pandya as he stepped out for the toss in Mumbai Indians' IPL match against Rajasthan Royals, with fans booing the skipper while chants of 'Rohit… Rohit' echoed throughout stadium. The jeers continued as Pandya spoke after losing the toss, prompting presenter Sanjay Manjrekar to urge the crowd to «behave». Meanwhile, Rohit Sharma, clad in his training attire, conversed with former teammate Harbhajan Singh, who was present on the field as a commentator. Later, a video surfaced showing Rohit seemingly appealing to the crowd to cease booing his successor. However, Pandya temporarily managed to win over the crowd with his batting prowess, swiftly transforming the jeers into cheers with a flurry of boundaries during his brisk 21-ball 34. His entertaining innings lifted Mumbai Indians from a precarious 20/4 to 76/5 in the 10th over before his innings came to an end.
31.03 / 18:49
markets
COST
Manufacturing
security
performer
reports
India Cements promoters increase share pledge as co finds itself in a tight spot
₹375 per bag, as per a recent report by ICICI Securities. This, even as input costs in terms of energy saw an uptick during this period. In May 2022, Adani spent $10.5 billion to buy Ambuja Cements Ltd and ACC Ltd from Switzerland's Holcim, becoming the country’s second-largest cement manufacturer, behind Aditya Birla’s Ultratech.
31.03 / 08:01
Provident
wellness
stars
testing
cricket
Sporting
GT vs SRH IPL 2024 Live Score: Gill's Gujarat Titans aim to halt Sunrisers juggernaut
GT vs SRH IPL 2024 Live Score: A struggling Gujarat Titans take on a resurgent Sunrisers Hyderabad on their home turf at the Narendra Modi Stadium in Ahmedabad. Both teams have had similar starts to the IPL season, losing 1 and winning 1 game each, and will meet for the third time today.Gujarat Titans started the IPL 2024 season with a bang, defeating their nemesis Mumbai Indians by 6 runs.
30.03 / 09:31
30.03 / 07:03
markets
Citi
FIVE
trends
performer
reports
India's office market witnesses strong tenant demand; records third-highest net absorption in five years
Indian office market continues its positive trajectory, registering a net absorption of 11.5 mn sft across top 8 cities in Q1-24, according to Cushman & Wakefield’s Q1 office data. This is the third-highest level recorded in the last five years, demonstrating a robust appetite for office space among businesses. Net absorption is a barometer of real demand or expansion of occupied space in the market. While this quarter’s net absorption was 38% lower than the exceptional Q4-2023, it was a 44% increase over Q1 2023, indicating continued space occupation by businesses. Bengaluru and Mumbai emerged as the leading markets, absorbing 3.6 mn sft and 2.5 mn sft of space, respectively. They were followed by Hyderabad at 1.6 mn sft, Delhi-NCR at 1.5 mn sft Pune at 1.3 mnsf, Ahmedabad and Kolkata at 1 mn sft, and Chennai at .8 mn sft.
30.03 / 05:01
UPS
Provident
security
reports
cricket
Tomorrow's IPL Match: GT vs SRH; who’ll win Gujarat vs Hyderabad match? Fantasy team, pitch report and more
Tomorrow's IPL Match: Gujarat Titans (GT) and Sunrisers Hyderabad (SRH) will clash on March 31 at the Narendra Modi Stadium in Ahmedabad. The match will start at 3:30 PM. This will be the third match in IPL 2024 for both teams.
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