Uday Kotak Appointed Chairman of GIFT City:
The Gujarat government has appointed Uday Kotak, founder of Kotak Mahindra Bank, as the new Chairman of GIFT City (Gujarat International Finance-Tec City), located in Gandhinagar.He replaces Hasmukh Adhia, who previously served as the non-executive chairman. The appointment order was issued by the Urban Development and Urban Housing Department of the Gujarat government.GIFT City is India’s first operational Smart City,India’s maiden International Financial Services Centre (IFSC). A flagship financial hub envisioned during Prime Minister Narendra Modi’s tenure as Gujarat Chief Minister
