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Gujarat names Uday Kotak chairman of Gift city
Veteran banker replaces Hasmukh Adhia amid renewed push for offshore finance
GUJARAT: The Gujarat government has appointed veteran banker Uday Kotak as chairman of Gujarat International Finance Tec-City, commonly known as Gift City, replacing former bureaucrat Hasmukh Adhia.
The appointment comes as Gift City sharpens its push to attract global capital with liberalised tax and regulatory norms, positioning itself as a rival to financial centres such as Singapore and Dubai.
Earlier this month, the Centre doubled the tax holiday for entities setting up operations in Gift City to 20 years, a move aimed at accelerating offshore banking, fund management and capital market activity within the zone.
Uday Kotak brings more than four decades of experience in India’s financial sector to the role. He is the founder and former managing director and chief executive of Kotak Mahindra Bank, which he established in 1985 as a modest bill-discounting business. Over time, the firm evolved into a diversified financial services group, spanning banking, capital markets, asset management and insurance. In 2003, it made history by becoming the first non-banking financial company in India to convert into a commercial bank. Kotak currently serves as a non-executive director on the bank’s board.
Kotak’s career is widely seen as one of the most notable entrepreneurial success stories in India’s financial services industry. In the early 1990s, Kotak Finance expanded into auto loans, investment banking and stockbroking, riding the momentum of India’s economic liberalisation in 1991. Unlike many of his contemporaries, Kotak did not hail from a prominent business family nor did he have the backing of deep-pocketed institutional investors, making the firm’s early expansion particularly arduous.
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Indeed expands ChatGPT job search app to India and 50 plus countries
Conversational AI meets hiring as users get personalised roles via chat
NEW DELHI: Indeed has expanded its integration with ChatGPT to India and more than 50 countries, opening up a new, conversational way for users to search and explore job opportunities.
The move brings job discovery directly into chat, allowing users to describe roles in plain language instead of relying on filters. By typing prompts such as “remote marketing jobs” or “data analyst roles in Pune above Rs 8 lakh per annum”, users can instantly receive tailored listings drawn from Indeed’s platform.
To unlock personalised recommendations, users can connect their Indeed profiles, enabling the system to match roles based on their skills, work experience, education and preferences. The integration pulls from a vast dataset of over 645 million job seeker profiles and analyses more than 140 million hiring signals daily to refine results.
While job discovery happens within ChatGPT, applications are still completed on Indeed’s platform, where users can apply, schedule interviews and connect with employers.
Indeed vice president product Sol Garger said, “Career inspiration often strikes in unexpected places. Integrating Indeed’s hiring marketplace with ChatGPT helps job seekers turn those moments into action.”
The feature is available through the ChatGPT Apps directory, where users can connect their Indeed accounts and activate the service by typing “@Indeed” in a chat. The app also provides company insights, including overviews and employee ratings, helping candidates make more informed decisions.
Importantly, Indeed said it does not share sensitive personal data such as contact details or application history with OpenAI. Only basic profile information required for job matching is used.
The collaboration marks a broader shift in how people approach job hunting. Instead of scrolling through listings, users can now refine searches through conversation, adjusting criteria in real time and receiving increasingly relevant results.
As artificial intelligence continues to reshape recruitment, the Indeed-ChatGPT tie-up points to a future where job searches are not just faster, but far more intuitive and personalised.
