Gandhinagar: The Sabarmati Riverfront, one of Ahmedabad’s most iconic attractions, is now being extended to the state capital, Gandhinagar. The riverfront development is being carried out in multiple phases, and in a significant development, groundwork has begun on Phase 6, which spans from GIFT City to Sant Sarovar. Though an official announcement is yet to be made, construction activity is visible on the northern side of the bridge connecting PDEU and GIFT City. The current work includes bu...Read More

Gandhinagar: State-run gas utility GAIL (India) Ltd announced on Tuesday that it has established a wholly owned subsidiary, GAIL Global IFSC Limited, at the International Financial Services Centre (IFSC) in Gujarat’s GIFT City. The new entity has an authorised share capital of ₹17 crore and an initial paid-up capital of ₹8.5 crore. It will operate as a finance company within IFSC, focusing on global and regional corporate treasury functions and ship leasing activities. This marks a strate...Read More

Mumbai: Aditya Birla Sun Life AMC Limited (ABSLAMC) has announced the closure of ABSL Global Emerging Market Equity Fund (IFSC). The Category II Alternative Investment Fund (AIF) under the IFSCA (fund management) at GIFT City raised a total of $69.89 million from 269 investors, reinforcing ABSLAMC’s position as a leading asset manager providing global investment solutions. As per an official statement, "The ABSL Global Emerging Market Equity Fund (IFSC) follows a passive investment strategy,...Read More

Gandhinagar: Standard Chartered Bank today announced that it has shifted to larger office premises at Gujarat International Finance Tec-City (GIFT) City, reinforcing its long-term commitment to India's premier international financial services hub. In an official press release, the bank said, "Over the last couple of years, Standard Chartered Bank has invested significantly in capability building, involving product suite, talent and technology, across its Corporate & Institutional Banking bu...Read More

Gandhinagar: Gujarat International Finance Tec-City (GIFT City)— India’s first operational smart city and maiden International Financial Services Centre— has further strengthened its position as a rising global financial hub, achieving notable improvements in multiple categories in the latest edition of the Global Financial Centres Index (GFCI 37). GIFT City has secured the top rank in Reputational Advantage, climbed from 45th to 40th in the FinTech ranking, and improved its overall rankin...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: Gujarat International Finance Tec-City (GIFT City), India’s first operational smart city and maiden International Financial Services Centre (IFSC), has been awarded the ISO 14001:2015 certification for its Environmental Management System (EMS). The certification, granted by Bureau Veritas, an internationally accredited body, underscores GIFT City’s commitment to sustainable urban development and environmental responsibility. The ISO 14001 certification is a globally recognis...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: Chief Minister Bhupendra Patel today unveiled the Gujarat Global Capability Centre (GCC) Policy (2025-30) at GIFT City, Gandhinagar. Formulated by the Department of Science and Technology, this policy aims to establish Gujarat as a premier hub for Global Capability centres by driving high-value employment, skill development, innovation, and digital transformation. It also emphasises strengthening infrastructure, improving connectivity, and sustaining economic growth to enhance globa...Read More

Gandhinagar: For the first time, a United Kingdom-based university will establish an offshore campus in Gujarat International Finance-Tec (GIFT) City. This university, Queen’s University Belfast, is in the process of setting up its campus in GIFT City, with the first cohort of students expected to begin in January 2026. As of now, two Australian institutions, Deakin University and the University of Wollongong, are already operating in GIFT City. Meanwhile, it is learned that Queen’s Univers...Read More