Tag: GIFT City

Gujarat Government Partners With IBM To Establish AI Cluster In GIFT City

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IBM also stated that it will develop an AI curriculum for schools and universities across Gujarat. New Delhi: The Department of Science and Technology, Government of Gujarat signed a Memorandum of Understanding (MoU) on Saturday with the technology company IBM to establish and promote an AI Cluster leveraging IBM’s Watson to foster innovation and collaboration…

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Nation

Foreign cos without PAN can open bank accounts in IFSC-Gift City

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Non-residents and foreign companies opening bank accounts in IFSC Gift City will not have to furnish PAN and can instead file a declaration. The non-resident or the foreign company opening a bank account at the International Financial Services Centres (IFSC) will have to file a declaration in Form 60 and should not have any tax…

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Business

Air India completes acquisition of its first A350 aircraft through GIFT City

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Air India expects the first A350-900 aircraft to arrive in India by the end of this year. | Photo Credit: Reuters Air India on September 29 said it has completed the acquisition of its first A350-900 aircraft by way of a finance lease transaction with HSBC through the GIFT City. This is also the first…

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Business