Hii chandu,

Of course, they have UGC approvals if they are affiliated to a degree granting university... and AICTE approval if they affiliated to technical universities). 

ICFAI Dehradun has a UGC & DEC affiliation. IBS HYD has an AICTE affiliation.

ALL THE BEST!!!

Hello Phani. No ICFAI Business School (IBS) Ahmedabad is not AICTE approved. It was established in 1995 & is affiliated to IFHE Hyderabad. It holds many rankings like It has been ranked as 'A6' by Business Standard. It is also ranked 11th among the Top 40 top B-Schools of Excellence and 2nd statewise in Gujarat by CSR- GHRDC.

You can check out their official website to know more about their rankings.

https://www.ibsindia.org/ibs-ahmedabad/

Hope this helps. Good luck!