City Ahmedabad Financial News

iPhone 15 series, launched on September 12, 2023. Long queues of people were seen outside the Apple store at Mumbai's BKC and Delhi's Select Citywalk Mall as the much-awaited iPhone series went on sale in India on Friday (September 22). «It was a great experience. I was in the queue since 4 am and then purchased the phone. I have always had top phones with me. I have an iPhone 13 Pro Max and an iPhone 14 Pro Max. After the 15 series was announced, I wanted to get the iPhone 15 Pro Max — that too before everyone else,» ANI quoted Rahul, the first customer today at the Apple Store at Select Citywalk Mall in Saket, as saying. A customer outside the Apple store at Mumbai's BKC said, «I have been here since 3 pm yesterday. I waited in the queue for 17 hours to get the first iPhone at India's first Apple store. I have come from Ahmedabad...»

ANI. The Ahmedabad facility will be responsible for building two critical systems for the Gaganyaan mission- the cabin systems and communication systems. The cabin will house three seats for astronauts, along with a lighting system and two display screens to monitor various parameters inside the cabin.

Glenmark Pharmaceuticals will sell 75% stake in its subsidiary Glenmark Life Sciences to Nirma Limited, for Rs 5652 crore, at a price of INR 615 per share, stated a company press release. Glenmark Pharma will own 7.84% in GLS after the divestment.

Candlelight Concerts to India, kicking off with performances in tribute to Taylor Swift’s greatest hits, Vivaldi’s Four Seasons, British bands Queen and Coldplay, as well as the Japanese composer Joe Hisaishi. The expansion into the region comes on the heels of the experience’s success, having delighted audiences in more than 150 cities worldwide, including New York, London, Madrid, Singapore and Tokyo.Audiences who would like to be the first to know about the local venues and music programs kicking off the series can sign up on each city’s page at feverup.com.

Royal Enfield Rental will be accessible in cities such as Ahmedabad, Mumbai, Gujarat, Maharashtra, Chandigarh, Dharamshala, Leh, Manali, Haridwar, and Rishikesh. Additionally, the manufacturer will extend its motorcycle rental services to Udaipur, Jaipur, Jaisalmer, Goa, Kochi, Bhubaneswar, Thiruvananthapuram, Visakhapatnam, Delhi, Chennai, Bengaluru, Hyderabad, Shimla, Nainital, Bir Billing, Siliguri, and Dehradun. The company says that it intends to include more cities to this roster as part of its expansion plans.

Narendra Modi is likely to flag off nine Vande Bharat express train on Sunday i.e. on 24 September, ministry officials told News18. Among these nine trains, the Indian Railways is set to launch two trains for West Bengal’s Howrah and Tamil Nadu’s Chennai while one each for Kerala, Odisha, Telangana, Gujarat and poll-bound Rajasthan.

aviation ministry, a person aware of the matter said. “According to the DGCA, Akasa Air is eligible to apply for international scheduled air transport services," the ministry informed the airline. “However, it is also informed that based on traffic rights to be allocated to Akasa Air, scrutiny of country-specific preparedness will be carried out by the DGCA before permitting Akasa Air to operate international operations." Since 2019, Indian airlines have shown strong interest in expanding their presence in the international market due to the potential for higher yields.

Jio AirFiber – could create a whopping $4 billion to $9 billion annual revenue opportunity if it sees wide acceptance of around 50-to-100 million homes, say analysts. They added that the current pricing of Jio AirFiber is not disruptive versus competition as rival Bharti Airtel’s comparable 100 Mbps 5G-FWA offering is at a 12% discount, albeit without digital channels and OTT apps. While Airtel’s FWA service is at a 33% premium to Jio AirFiber’s base plan of Rs 599 a month, it offers faster speeds of 100 Mbps compared to 30 Mbps on Jio’s. “Jio has ambitious plans with Jio AirFiber, with a target of 200 million homes…if there is wide acceptance of 5G FWA with bundled home entertainment services, it could be a significant revenue opportunity, especially as (home) broadband average revenue per user (ARPU) at Rs 600, is 3-4x higher vs mobile,” brokerage CLSA said in a note. A 5G-based FWA service uses airwaves instead of cables/fibre to provide fixed broadband access, using a next-gen mobile broadband technology.

MUMBAI — NCC is one of the largest listed construction companies in India in terms of revenue, with a well-diversified portfolio comprising buildings, transportation, water and environment, irrigation, electrical (T&D), mining and railways.

Yellow metal’s slide was despite some weakness in the dollar index (DXY) which was hovering around the 105.14 mark against a basket of six top currencies, down 0.05%. The MCX October gold futures were trading down by Rs 44 or 0.07% from the Monday closing price at Rs 59,238 per 10 gram on the MCX while the December Silver futures were trading at Rs 72,298 per kg, higher by Rs 271 or 0.37%. Dollar Index (DXY) crossed the 105 mark on Monday against the basket of six top currencies and was down by 0.07%. On Comex, Gold futures were trading at $1,949 per troy ounce on Wednesday, down by $2.20 or 0.11% while Silver futures were at $23.345, lower by $0.111 or 0.470%. The October gold futures had ended with gains of Rs 11 or 0.02% per 10 gram at Rs 59270 on Tuesday while the December Silver futures closed lower at Rs 72,550, down by Rs 20 per kg or 0.03% on a holiday curtailed trading session.

Reliance Jio on Tuesday launched its fixed wireless access (FWA) device — Jio AirFiber — in eight cities — Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, Mumbai and Pune, just over a month after rival Bharti Airtel introduced its own device in two cities, as both telcos make initial attempts at monetising their 5G services. «Our extensive fiber-to-the-home service JioFiber, already serves over 10 million customers...With JioAirFiber, we are expanding our addressable market to rapidly cover every home in our country with similar quality of service,» Akash Ambani, chairman of Reliance Jio, said in a statement. A fixed wireless device uses radio frequencies instead of cables/fibres to provide fixed broadband access, using technologies like 5G. Simply put, these are portable broadband devices, much like dongles but with better coverage and speeds. The Jio AirFiber service has been launched with multiple plans ranging from 30 Mbps speeds to 1000 Mbps speeds, all available in blocks of six months and 12 months, the telco said in the statement. The plans are available in two buckets — Jio AirFiber and Jio AirFiber Max.

Reliance Jio, AirFiber, was launched on the ocassion of Ganesh Chaturthi on Tuesday. So far, the service will be active in eight cities. Jio AirFiber also offers subscription of popular OTTs like Netflix, Amazon, Hotstar, etc on selected plans.

Reliance Jio, on Tuesday, launched its Jio AirFiber services. In its initial stage, the service will be live in eight cities including Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Mumbai and Pune. "With JioAirFiber, we are expanding our addressable market to rapidly cover every home in our country with similar quality of service.

Heavy rains in Gujarat, Maharashtra and Madhya Pradesh severely impacted train schedules on the Mumbai-Delhi sector yesterday, particularly on the Western Railway. Bridge No. 502, which spans the River Narmada between Bharuch and Ankleshwar, is experiencing water levels above the danger mark, exceeding 40 feet.

NEW DELHI : Planning to fly during the festival season? Prepare to shell out a lot more this year. Airfares for the Navratri season on some routes have doubled compared to the levels seen last year as well as in the pre-covid year of 2019, while fares in other routes remain elevated, data from travel portal Ixigo showed. Average fares for a Bengaluru-Kolkata flight during the second half of the Navratri period have shot up to over ₹14,000 from nearly ₹7,000 in the same period a year ago.

Also Read: Several Mumbai-Gujarat trains cancelled due to heavy rainfall. Check details here The Narmada and other rivers are flowing at full capacity. As a response to the situation, 9,600 individuals were relocated to safer locations, and 207 others were rescued across five districts.

Dollar Index (DXY) crossed the 105 mark on Monday against the basket of six top currencies and was down by 0.07%. On Comex, gold futures were trading at $1,949 per troy ounce on Monday, up by $3.30 or 0.17% while silver futures were at $23.455, lower by $0.069 or 0.30%. The Street awaits the Federal Reserve’s policy outcome on Wednesday. The October Gold futures had ended with gains of Rs 411 or 0.70% per 10 gram at Rs 58,999 on Friday while the December Silver futures closed lower at Rs 72,165, down by Rs 1,183 per kg or 1.673%. Amit Khare Associate Vice President at Ganganagar Commodity Limited (GCL) Broking said that bullion is looking good on the daily charts and was making bottom and trading near demand zone which was suggested even by the momentum indicator RSI. His advice to traders is to make fresh buy positions in gold and silver futures near the given support level of Rs 58,800-58,600 with the stop loss at the support levels while booking profit near the resistance levels of Rs 59,100-59,200. Analyst Neha Qureshi, who is Senior Technical & Derivative Analyst at Anand Rathi Commodities & Currencies added that the gold (October) appeared to be shaping a W-pattern breakout on the daily chart with the neckline at the Rs 59,670 level. This pattern suggests a potential bullish trend in the market, she said, adding that gold is currently trading above its 50-day and 100-day Exponential Moving Averages (EMA), indicating positive momentum. She sees key resistance levels at Rs 59,300-59,670 while important support levels at approximately Rs 58,670-58,275. Gold futures are down 0.64% or by Rs 381 on the month-to-date basis while they have gained 7.23% or by Rs 3,976 on the year-to-date basis, Anuj Gupta, Head Commodity &

Vande Bharat Exp 20902 Gandhinagar-Mumbai Vande Bharat Exp 12009 Mumbai - Ahmedabad Shatabdi Exp 12010 Ahmedabad- Mumbai Shatabdi Exp 19015 Dadar - Poarbandar Saurashtra Exp 12934 Ahmedabad -Mumbai Karnavati Exp 12932 (Ahmedabad-Mumbai AC Double Dekar Exp 82902 Ahmedabad-Mumbai Tejas express 22954 Ahmedabad-Mumbai Gujarat Superfast Exp 12933 Mumbai -Ahmedabad Kanvati Exp 12931 Mumbai-Ahmedabad AC Double Deker Exp 82901 Mumbai-Ahmedabad Tejas exp 12471 Bandra Terminus-Sri Mara Vaishnodevi Katra Swaraj Exp 12925 Bandra T -Amritsar Paschim Exp 09172 Bharuch -Surat MEMU Spl" In another tweet, it was informed that the helpline Numbers have been set up to assist passengers in getting train-related informations. Following heavy rainfall in the catchment areas and the release of water from the Sardar Sarovar Dam in Narmada, eight trains that connect Vadodara to Ekta Nagar, the site of the Statue of Unity, were canceled for a day.

Heavy rain lashed several parts of Gujarat on Sunday, flooding low-lying areas and cutting off several villages as Narmada and other rivers are in full spate, prompting shifting of hundreds of people to safer places, officials said. Several areas in Ahmedabad were waterlogged after the city received 76 mm of rainfall in 12 hours ending at 6 pm on Sunday, throwing the normal life out of gear.

Narendra Modi stadium in Gujarat's Ahmedabad. Owaisi even called the Anantnag encounter a ‘failure’ of the government. He said as ANI quoted, "My question to the prime minister is where is the anger he displayed at the time of Pulwama attack.

electric vehicles sold in the Indian market is bought by a woman — more than double the share of female buyers of petrol and diesel cars. Senior industry executives ET spoke with said ease of driving and ownership along with increasing environmental awareness are propelling many women to choose electric cars over those powered by petrol and diesel. With more women joining the workforce and becoming financially empowered to make decisions, the trend is expected to continue, they added.Tata Motors, the country's largest electric carmaker, said women account for 24% of its EV sales while its closest rival MG Motor India put the number at 23-24%. In contrast, women's contribution to sales of fossil-fuel cars in the country remains in the range of 11% to 12%.