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GIFT CITY NEWS
In 1999, a Texas farmer donated 87 acres for a public park for just $10, and in 2025, the city sold it to a data center developer for $10 millionA Texas farmer's 1999 gift of 87 acres for a park was intended to benefit local children. Decades later, that land is slated for a data cen...- Talent fight heats up in India finance hub as two chiefs quitGIFT City, India's international finance hub, is experiencing intense competition for talent as two foreign bank chiefs have recently resig...
- Gift Nifty tumbles nearly 2% after US-Iran exchange strikes in latest escalationGift Nifty 50 futures fell sharply, indicating that Indian markets are likely to open significantly lower on Friday. The decline followed f...
- ‘A portfolio is like an Indian thali’: Radhika Gupta explains why global diversification mattersAt a time when Indian investors are increasingly exploring overseas markets amid strong performance in global equities, fund managers at th...
- Akasa Air establishes aircraft leasing unit at GIFT City, boosting India's aviation finance hubAkasa Air has set up an aircraft leasing unit at Gujarat International Finance Tec-City. This move supports fleet expansion and aims to kee...
- Air India Dreamliner crash probe in 'last stage'; report due in a month, Aviation Minister Naidu saysThe investigation into last year's fatal Air India Boeing Dreamliner crash, which claimed 260 lives, is nearing its conclusion. Civil Aviat...
- Akasa Air sets up entity for aircraft financing, leasing in GIFT CityAkasa Air has set up a new entity at GIFT City in Gujarat. This move aims to boost its aircraft financing and leasing operations. The new c...
- Kodak Black arrested: Here's why the South Florida rapper Kodak Black was arrestedRapper Kodak Black, real name Bill Kapri, was arrested in Orange County, Florida. Authorities accused the 28-year-old of trafficking MDMA. ...
- Nvidia billionaire Mark Stevens gives $200 million to alma mater USC for AI researchNvidia director Mark Stevens and his wife Mary have donated $200 million to the University of Southern California to significantly advance ...
- Who is Matilda Ledger? Heath Ledger's daughter inherited entire $16.3 million fortune despite being missing from the original will. Here's what happenedHeath Ledger's daughter, Matilda, inherited his $16.3 million estate despite not being in his original will. Raised privately by Michelle W...
- Pixxel & Sarvam take AI to orbit; Fintechs flock to Gift CityHappy Tuesday! Spacetech startup Pixxel is joining forces with AI company Sarvam to launch an orbital data centre satellite — bringing comp...
- The self-styled African king thrown out of Scotland has a wild new plan and Ghana should worryKofi Offeh, who claimed to be a king from an illegal camp in Scotland, has been deported to Ghana. Now back in his homeland, he declares hi...
- The Buffett framework of investing: Why some stocks deserve a PE of 25, and others deserve a PE of 10In his letter to shareholders, Warren Buffett revealed a valuation framework that explained why stocks can lose half their value without an...
- ETMarkets Smart Talk | AI boom driving Indian family offices to global markets; US offers richer playbook: Amit GoelIndian family offices are increasingly looking beyond domestic markets as the global AI boom reshapes investment strategies. Limited pure-p...
- Word of the day: LargesseGenerosity on a grand scale, known as 'largesse,' signifies substantial financial gifts, aid, or donations. This formal term, rooted in Lat...
- Amitabh Bachchan signs joint pack for development project in GIFT city in Gujarat's GandhinagarShree Lotus Developers and Amitabh Bachchan have partnered for a major mixed-use development project in Gujarat's GIFT City. The 10 lakh sq...
- Alcohol producers welcome Gujarat govt allowing liquor sale in GIFT City, term it progressiveThe Confederation of Indian Alcohol Beverage Companies expressed approval of the Gujarat government's decision to permit liquor sales in GI...
- How can family offices diversify their portfolio through GIFT city routeThe latest developments at Gift City have been around the regulations for the formation and functioning of Family Investment Funds (FIFs). ...
- GIFT CITY all set to get the biggest push in JulyThe Gift City, JPMorgan, Deutsche Bank and the IFSCA that also regulates businesses in the special economic zone, did not comment. An MUFG ...
- Asian Development Bank in talks to set up fintech hub at GIFT CityAsian Development Bank (ADB) is likely to make an initial investment of Rs 1,000 crore into the GIFT City fintech hub to equip fintech firm...
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