City Ahmedabad Financial News

19.03 / 02:39
markets Target Manufacturing security Food cover recommendations Zydus Lifesciences shares in focus after FDA approval for prostate cancer drug
Zydus Lifesciences shares will be in focus on Wednesday after the company secured final approval from the US Food and Drug Administration (USFDA) to manufacture a generic version of Apalutamide tablets, used to treat prostate cancer. The approval covers Apalutamide tablets of 60 mg strength, the company said in a regulatory filing. The drug will be manufactured at Zydus Lifesciences' SEZ facility in Ahmedabad.
19.03 / 00:31
Williams Waters SpaceX Celebrity performer reports parachuting Gujarat cheers! Sunita Williams' home village celebrates her safe return with aarti & prayers
NASA astronaut Sunita Williams, celebrated her safe return to Earth on Wednesday by performing aarti and offering prayers after she spent nearly nine months in space. The celebrations began after the successful splashdown of the Dragon spacecraft, which brought Williams back to Earth along with Crew-9 members Butch Wilmore, Nick Hague, and Russian cosmonaut Aleksandr Gorbunov. Earlier, the NASA astronaut's cousin, Dinesh Rawal, organized a 'Yagna' in Ahmedabad on Tuesday to pray for her safe return. SpaceX confirmed the splashdown, and NASA astronaut Nick Hague shared that the crew was «grinning ear to ear» after their safe return. Following the landing, NASA astronaut Nick Hague delivered his first message to mission control. While the audio was somewhat unclear, Hague could be heard saying that the crew was «grinning ear to ear,» CNN reported.
17.03 / 05:39
Target Manufacturing Food trends Trade exclusive recommendations Zydus Life shares rise 2% after USFDA nod for Eluxadoline tablets
Zydus Lifesciences shares surged nearly 2% to Rs 899.40 on the BSE on Monday after the company received final approval from the US Food and Drug Administration (USFDA) to manufacture Eluxadoline Tablets (75 mg and 100 mg). Eluxadoline, a mu-opioid receptor agonist, is used to treat irritable bowel syndrome with diarrhea (IBS-D) in adults. The tablets will be manufactured at Zydus Lifesciences' SEZ facility in Ahmedabad, the company said in an exchange filing.
16.03 / 09:47
Progressive Remark community stage Olympics peace International Amit Shah urges Bodo youth to prepare for Olympics 2036
Amit Shah on Sunday urged the Bodo community to prepare for the upcoming 2036 Olympics, which is proposed to be held in Ahmedabad. Speaking at an event in Kokrajhar, Shah urged the youth of the Bodo region to start their preparations early to represent India on the international stage. Amit Shah also highlighted the progress made under the Bodo Accord, stating that 82 per cent of its clauses have already been implemented, with a commitment to achieving 100 per cent implementation within the next two years. These remarks comes as part of the Central Government's efforts to promote peace and development in the Bodoland region. He pointed out that the Centre has allocated a substantial Rs 1,500 crore for the development of Bodoland, which is home to approximately 35 lakh people.
12.03 / 13:35
UPS Citi economy Food concert reports Guns N' Roses N' Money: Concerts have become big money spinners
Last year saw a boom in India's concert economy with big names such as Ed Sheeran, Coldplay, Dua Lipa Diljit Dosanjh and Maroon 5 drawing big crowds. The success of large-scale concerts highlighted India's untapped potential as a global entertainment destination. According to BookMyShow's year-end report, 30,687 live events took place in 319 cities, marking an 18% increase in consumption compared to the previous year. Zomato Live, the ticketing arm of the food delivery company, has noted that India is becoming a hotspot for international music tours due to its growing economy and enthusiastic fanbase. After Coldplay's successful tour in India, Prime Minister Narendra Modi said that India has a massive scope for live concerts. «You must have seen fabulous pictures of Coldplay concert organised in Mumbai and Ahmedabad. It shows that India has a massive scope for live concerts. Big artists from around the world are attracted towards India… I expect the state and the private sector to focus on needed infrastructure and skills,» he said. India's emerging concert economy boosts tourism and hospitality business while also generating a large number of jobs. The
12.03 / 12:23
markets Aviat Platform exclusive reports travelers Bringing decade-old idea to life: Deepinder Goyal on aerospace startup with ex-Zomato exec
Deepinder Goyal said Wednesday that with the launch of LAT Aerospace, a startup he has founded with former Zomato executive Surobhi Das, he is bringing a “decade-old idea to life”. Confirming the development reported exclusively by ET on Wednesday in a LinkedIn post, Goyal said the startup was looking to build its founding team. In a separate post on LinkedIn, Das called on engineers to join Delhi-based LAT's team of engineers, designers, and builders across fields of aircraft design, aerodynamics, materials and composites, hybrid propulsion systems, and turbo-machinery.
12.03 / 07:03
Citi Booking Platform Enterprise trends MakeMyTrip travelers Every sixth corporate flyer last year was a woman, survey says
This data, sourced from a survey by myBiz, the SaaS-based corporate booking platform of MakeMyTrip, sheds light on gender representation in corporate travel. The analysis, which covers flight bookings made by nearly 3,000 corporate clients with more than 200 employees and an annual travel expenditure exceeding ₹1 crore, reveals valuable insights into corporate travel trends across sectors and cities.
10.03 / 09:29
markets Digital economy Align RAI International Mumbai to get its third airport: Ajit Pawar announces big plans in Maharashtra's budget
Pawar, speaking in the state assembly, said that Mumbai's new airport will be proposed near Vadhvan port and Mumbai-Ahmedabad bullet train station will be near this port. Currently, India's financial hub has two airports, Chhatrapati Sivaji Maharaj International Airport (CSMIAL) located in the Mumbai Metropolitan Region (MMR), and the other airport in Navi Mumbai, which is likely to be operational in this year. He said that 85 per cent work of Navi Mumbai International Airport (NMIAL) has been completed and trials are completed, too.
09.03 / 17:15
Platform Action WhatsApp community social Was told not to talk against RSS, says Digvijaya; hails Rahul's stand on Cong's BJP sympathisers
Digvijaya Singh on Sunday said he was asked not to speak against the RSS while campaigning in Gujarat for fear of «angering Hindus» and hailed Rahul Gandhi's tough talk in that state a day earlier on those in the party helping the ruling BJP. Addressing Congress workers in Ahmedabad on Saturday, Gandhi had said the party's first job was to separate two groups of Congress workers and leaders — ones who carry the party ideology in their hearts and stand with the public and the others who were cut off from the public, «half of whom are with the BJP». He had underlined the need to filter out such leaders and workers and had warned of strict action, even removals. In a post on social media platform X on Sunday, Singh congratulated Gandhi for his statement and said, «I remember when I went to Gujarat to campaign as the Chief Minister of MP, I was instructed not to speak against the RSS. Hindus will get angry.»
08.03 / 18:29
markets Action Fighting Align RAI show Many Gujarat Congress leaders colluding with BJP: Rahul Gandhi
Rahul Gandhi openly addressed the divisions within the state Congress, hinting at a major overhaul. Speaking to party workers in Ahmedabad, Gandhi accused a faction of Congress leaders and workers of colluding with the BJP, creating a divide within the party. He stated, «There are two types of people in Gujarat Congress. One stands with the people, fights for them, and carries the ideology of Congress. The other is disconnected, does not respect the people, and is aligned with BJP.» Gandhi emphasised the need to clearly differentiate between these two groups, stating that without doing so, the people of Gujarat would not trust the Congress. He added, «If we need to take strong action and expel those working for the BJP from within, then we should.» Admitting that the opposition had failed to offer a viable alternative, Gandhi acknowledged that the Gujarat Congress has struggled to show the way forward for the state. He said, «We have not fulfilled the expectations of the people of Gujarat. We need to admit this openly.»
08.03 / 11:23
UPS Citi Gap Instagram social travelers How an IITian-CEO’s unplanned 3-day stay at a stranger's house became his best road trip story
IIT-Kanpur graduates known for sharing their unique travel experiences on social media, recently found themselves in an unusual situation during a road trip from Udaipur to Ahmedabad. With no place to stay for the night, they made a spontaneous decision that left them questioning whether it was sheer recklessness or a stroke of wisdom. On January 10, as they drove from Udaipur to Ahmedabad, the duo realized they had no accommodation arranged. In a moment of spontaneity, they put up an Instagram story asking if anyone would be willing to host them for the night. To their surprise, a complete stranger responded, inviting them to stay over. Taking a leap of faith, they arrived at his home later that night—unaware that this experience would change their perspective on travel.
07.03 / 08:19
markets Cooper Action Assurant RAI prevention Investigations WTC Group promoter Ashish Bhalla arrested in Rs 3,000 crore real estate fraud case
Enforcement Directorate (ED) in Gurugram on Friday arrested Ashish Bhalla, promoter of the WTC Group, under the Prevention of Money Laundering Act (PMLA) in connection with a massive real estate fraud. Bhalla is accused of cheating and duping thousands of investors through a well-planned conspiracy. During the investigation, it was found that investors were promised assured returns in exchange for their investments in plots and commercial spaces. However, instead of delivering on these promises, the funds were allegedly diverted to several shell companies. These companies were used to acquire land in multiple locations.
07.03 / 05:49
markets UPS Citi Waters Parke boating Cruises on the Yamuna, green belts from landfills, and no waterlogging: What Delhi CM Rekha Gupta has planned for the city
BJP MLA from Shalimar Bagh, Rekha Gupta, who recently became Delhi’s fourth woman Chief Minister and the second woman CM from the BJP, spoke about her plans for the city at the India Today Conclave. CM Gupta on Friday, highlighted key projects her government is working on to improve Delhi’s environment, water management, and infrastructure.
07.03 / 01:15
UPS Provident security Mobile show information Jaggi-led Gensol's debt woes much bigger than thought
Subscribe to enjoy similar stories. Mumbai: The debt troubles of Gensol Engineering Ltd, whose loans were downgraded to default by two rating agencies this week, are more pronounced than initially thought. Mint has learnt that Ahmedabad-based solar plant construction company has delayed repayments to one of its largest lenders, the Indian Renewable Energy Development Agency (Ireda), by up to two months.
06.03 / 05:45
markets Career economy Trade students War rights B-schools bet on external coaches to help students navigate placements
Subscribe to enjoy similar stories. India's top B-schools, including Indian Institute of Management-Ahmedabad (IIM-A), are betting on external coaches and counsellors to help students ace the placements at a time when the job market has turned uncertain amid a slowing economy, set to be exacerbated by a trade war unleashed by US president Donald Trump.
03.03 / 23:33
markets Strategy students Diversity Schools Colleges Banking, consulting firms sharpen appetite for B-school talent
Subscribe to enjoy similar stories. Finance and consulting firms that did not hire with their usual gusto last year are back at Indian business schools with a healthy appetite. Median salaries have risen, along with the number of offers.
01.03 / 09:27
markets Citi Progressive track country innovations reports Ahmedabad's heritage will be incorporated in redevelopment of its railway station: Vaishnaw
Ashwini Vaishnaw on Saturday said several innovations have been made for the Ahmedabad railway station redevelopment project, and special care is being taken to ensure that the facility's design reflects the city's rich heritage. Vaishnaw, who reviewed the redevelopment project, said architectural elements inspired by the city's heritage, such as the 'Jhulta Minar' (swaying minaret), kite festival, etc, will be incorporated into the design. He said this approach was in line with Prime Minister Narendra Modi's commitment to preserve the cultural fabric of modern India. The redevelopment is a part of the Indian Railways' ambitious Amrut Bharat station project, which aims to transform over 1,300 railway stations across the country.
01.03 / 02:35
FIVE Booking Aware love beautiful information Relationships What birdwatching can teach us about evolution, ecology and humanity
Subscribe to enjoy similar stories. When it comes to birds, India has always been a superpower.
26.02 / 08:07
markets Death Virus country recommendations strain Vaccines Zydus launches vaccine for new strain of influenza virus
Zydus Lifesciences on Wednesday said it is introducing a vaccine for protection against new strain of influenza virus. The company is introducing country's first flu protection quadrivalent influenza virus vaccine as per WHO recommended composition, the Ahmedabad-based drug major said in a statement.
25.02 / 02:53
markets FIVE Yellow Experts reports Department Gujarat's early sizzle: State gets its first yellow alert of 2025
Gujarat on Monday received its first yellow alert of the year, issued by the India Meteorological Department (IMD). The alert, which is expected to last for five days, warns of high temperatures and humidity along the coastal areas of the state, reported TOI.
23.02 / 13:09
Gap NMC information reports rights Colleges International Centre ropes in IIM-A for restructuring India’s apex medical education regulator
Subscribe to enjoy similar stories. New Delhi: The Union health and family welfare ministry has enlisted Indian Institute of Management-Ahmedabad (IIM-A) for restructuring and reforming the country’s apex medical education regulator—-National Medical Commission (NMC), three officials familiar with the matter said. A senior faculty member of IIM-A, at the request of the health ministry, has spoken to all the four boards at NMC—the Undergraduate Medical Education Board (UGMEB), Postgraduate Medical Education Board (PGMEB), Ethics and Medical Registration Board (EMRB) and Medical Assessment Rating Board (MARB), and has prepared a report on how to improve the NMC’s day-to-day-functioning and address the challenges.

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