City Ahmedabad Financial News

15.07 / 08:53

COST UPS Digital Amazon Samsung Features Samsung Galaxy M34 5G goes on sale on Amazon: Know features, offers and other details

Prime Day sale. The base variant of Galaxy M34 5G is priced at ₹16,999 for the 6GB+128GB variant. The phone has another model that packs 8GB RAM and 128GB storage, which costs ₹18,999. Readers must note that the said prices are currently being offered as part of a special launch promotion with bank offers.

14.07 / 13:41

UPS Citi Progressive Manufacturing Remark Stanley Furniture ties up with Shivalik Group to launch luxury furniture stores in Gujarat

Ahmedabad (Gujarat) [India], July 14: Shivalik Group, a prominent real estate developer based in Ahmedabad, has partnered with Stanley Furniture, the premier fully integrated luxury furniture manufacturer in India, to introduce exquisite furniture stores in Gujarat. Shivalik Group's first Stanley Furniture store, spanning an impressive 7,500 sq ft, was inaugurated on Sindhu Bhavan Road in Ahmedabad on Friday, July 7. The store showcases an extensive collection of top-tier sofas, wardrobes, beds, mattresses, cabinets, and more, offering buyers a comprehensive range of high-end home furniture and complete home solutions.

14.07 / 09:39

UPS Align Mumbai Mumbai gets first IIM following Union Cabinet's amendment, NITIE gets rechristened

Narendra Modi, approved a bill for this transformation, signalling a significant milestone for NITIE Mumbai. NITIE Mumbai was established in 1963 with the support of the United Nations Development Programme and the International Labour Organization.

14.07 / 07:43

Citi Lowe's Waters dividend Buyback small-cap Small-cap stock below ₹5 to consider bonus, buyback of shares, stock split, final dividend today

Small-cap stock below ₹5: Shares of Earum Pharmaceuticals Ltd are one of those small-cap stocks that has remained under the base building mode for more than a year. However, the BSE listed penny stock is in focus as the board of directors of the micro-cap company is going to consider and aprove proposal for issuance of bonus shares, stock split and final dividend for the financial year 2022-23. The company board is going to consider these matters in its board meeting scheduled today.

14.07 / 05:59

UPS Citi Lowe's Target Yellow Indian Gold Rate Today: Gold extends rise on weak US dollar. Check price of yellow metal in Delhi, Ahmedabad & other Indian cities

The August gold futures were trading at Rs 59,285 per 10 grams on the MCX around 10 am, up by Rs 46 or 0.08% from Thursday's closing price. Meanwhile, September Silver futures were at Rs 75,585, rising Rs 259 or 0.34%. Gold and silver futures ended in the green in the previous session.

14.07 / 03:11

Anthem PM Modi in France: Here's what he said on French footballer Kylian Mbappe

Narendra Modi, in an address to the Indian community in Paris on July 13, reflected on his longstanding connection with France spanning four decades. During his speech, PM Modi drew attention to the increasing presence of international players in India and specifically highlighted the growing popularity of Kylian Mbappe, the captain of the French national football team, among Indian fans. He noted that Mbappe is widely recognized and admired in India, even more so than in his home country.

13.07 / 20:19

Citi Aviat CEO Airlines Boeing Enterprise Metro Akasa Air is a long-term bet for Jhunjhunwala family: CEO

NEW DELHI : Akasa Air is a long-term investment for Rare Enterprises and the Rakesh Jhunjhunwala family, the airline’s founder and chief executive officer Vinay Dube said, pointing to the lengthy investment horizons of the late legendary investor. “If you look at Rakesh’s average holding time, I believe you will see the average holding time from his equity investments is over nine years. Whatever chatter (about dilution of stake) is so inconsistent with decades of investment that Rakesh has made.

13.07 / 15:57

COST Citi Metro RLDA invites bids for the redevelopment of Ahmedabad Railway Station

RLDA) has invited bids for the redevelopment of Ahmedabad Railway Station and construction of associated infrastructure on Engineering Procurement and Construction (EPC) mode. The estimated project cost is Rs 2563 crore.

13.07 / 12:53

Citi Provident Metro RLDA invites bids for ₹2,563 crore Ahmedabad railway station redevelopment

₹2,563 crore, it added. Ahmedabad, situated on the banks of the Sabarmati River, is the most populous city in Gujarat and the fifth most populous city in India. Recognizing its significance as an economic and industrial hub, the RLDA aims to transform the railway station into a modern transportation hub, integrating various modes of transport such as high speed, metro, BRT, and city buses.

13.07 / 09:37

Blockchain Provident Digital Mobile Software TCS Accenture 2024 Top 10 Software Development Companies in India 2023 – 2024

Innovation and advancement have been a necessity for almost every industry out there, and software development companies are making sure to bring all those necessary changes for almost every business out there. Software development professionals of IT companies are taking advantage of advanced technologies like Artificial Intelligence, Machine Learning, Blockchain, and various others to make businesses and the world better and more innovative.

12.07 / 13:33

Rahul Gandhi likely to move as tenant in South Delhi bungalow, once occupied by former Delhi CM Sheila Dixit

Rahul Gandhi, who had to vacate his official bungalow in April this year after being disqualified from Lok Sabha membership following his conviction in a criminal defamation case, is likely to move to the house once occupied by former Delhi Chief Minister Sheila Dixit, ANI reported. Congress MP Sandeep Dikshit (son of Sheila Dixit), is currently residing in this house at B2 Nizamuddin East in South Delhi district. After receiving a No-Objection Certificate (NOC) from security agencies, Rahul will be moving as a tenant of Dikshit’s house in South Delhi, ANI reported citing sources close to the former Congress president.

11.07 / 19:29

Career Merit RAI IIM classrooms now have a more diverse character

premier B-schools, the Indian Institutes of Management (IIMs), MBA classes are getting more diverse than ever. Where once the student ratio was heavily skewed in favour of engineers, the Class of 2025 has a significant percentage from other backgrounds including arts/humanities, commerce, science, law, among others. At IIMs Ahmedabad, Kozhikode, Indore and Kashipur, there are at least 4 non-engineering students in every 10 students; while IIM Calcutta and IIM Bangalore have 30% and 17% students from non-engineering backgrounds respectively, officials told ET.

11.07 / 09:13

Citi Ripple Remark Residential prices rise by 6% in 8 major cities driven by strong housing demand: Report

Driven by strong housing demand, the residential property market in India experienced an average YoY price appreciation of 6% during the April-June period of this year, as per data released by PropTiger.com.

11.07 / 07:55

Citi Gurugram witnessed highest increase in residential property prices among top 10 cities : Report

Property prices in Gurugram has increased the most among top 10 cities with a YoY increase of 12% in Q2 2023, surpassing Bengaluru (9%) and Noida (8%). The residential property market in India experienced an average year-on-year price appreciation of 6% during the April-June period of this year, as per data by PropTiger.com. “Housing prices have been climbing in major Indian cities in the post-COVID years.

11.07 / 00:45

UPS Citi Provident FIVE Platform Software Shopify Roposo, Shopify to help set up online stores

Roposo is collaborating with ecommerce player Shopify to help 10,000 entrepreneurs set up online stores over the next two years, and support them in product sourcing, order fulfilment and payments. Roposo offers livestream shopping along with entertainment on its platform. It is a business unit of Glance, a subsidiary of InMobi.

09.07 / 06:25

CEO Mobile 'Be like a potato': Sebi chief Madhabi Puri Buch's advice to IIM Ahmedabad students

Madhabi Puri Buch, chairperson of capital market regulator Sebit told the incoming students of IIM Ahmedabad at a recent event. Madhabi Puri Buch, an IIM Ahmedabad alunmus, took charge as chairperson, Securities and Exchange Board of India, last year. She had earlier served as whole time member of the market regulator and had handled Market Regulation Department, Market Intermediaries Regulation & Supervision Department, Integrated Surveillance Department, Investment Management Department, Department of Economic & Policy Analysis, Office of Investor Assistance & Education, National Institute of Securities Markets and Information Technology Department.

08.07 / 01:25

Provident week World Bank President Ajay Banga to travel to India next week to attend G20 meeting

World Bank President Ajay Banga will travel to India next week to attend the G20 Finance Ministers and Central Bank Governors Meeting in Ahmedabad, Gujarat, according to the development lender. This would be Banga's first trip to India after he took over as the World Bank president last month.

07.07 / 20:59

COST Citi Provident PM Modi flags off two Vande Bharat trains

New Delhi: Prime Minister Narendra Modi on Friday flagged off the Gorakhpur-Lucknow and the Jodhpur-Ahmedabad (Sabarmati) Vande Bharat Express trains, the ministry of railways said in a statement. “Heralding a new era of comfortable and enhanced rail travel experience, two new Vande Bharat Express trains are running between Gorakhpur-Lucknow via Ayodhya and Jodhpur- Ahmedabad (Sabarmati)," the ministry said. These Vande Bharat trains flagged off today will improve connectivity among the state capitals and other cities, reduce the travelling time & enhance the comfort of journey.

07.07 / 18:19

COST UPS Aware Remark Gujarat HC upholds Gandhi’s conviction in defamation case

NEW DELHI/AHMEDABAD : In a setback to Rahul Gandhi’s effort to regain his Lok Sabha membership, Gujarat High Court on Friday refused to suspend his conviction, and two-year prison sentence, in a criminal defamation case, saying that the Congress leader “breached the modesty", and “moral turpitude". The ruling sparked a political row with Congress deciding to appeal the verdict in the Supreme Court and the Bharatiya Janata Party alleging he was a repeat offender in insulting people, highlighting his remarks on the Modi surname before the 2019 general elections that led to filing of a criminal defamation case, which cost him his Lok Sabha seat.

07.07 / 15:05

Microsoft TCS Honeywell Microsoft India president Anant Maheshwari resigns, firm elevates COO

Economic Times on 7 July. “We can confirm that Anant has decided to leave Microsoft to pursue a role outside the company. We would like to thank Anant for his many contributions to our business and culture in India and wish him every success in his future endeavors," a spokesperson for the company told ET.

07.07 / 12:39

Amazon Microsoft Software Oracle Enterprise Honeywell Microsoft India president Anant Maheshwari resigns

Microsoft India president Anant Maheshwari has resigned from his post and will move out of the company to pursue other interests, sources told ET. The company confirmed Maheshwari’s exit in a statement. “We can confirm that Anant has decided to leave Microsoft to pursue a role outside the company.

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