[1] An INSEAD alumnus, Gupte was listed by the Fortune "as one of the fifty most powerful women in international business."
On 22 June 2010 she was appointed as member of Alstom's board of directors.
[2][3] Recruited directly from the Mumbai-based Jamnalal Bajaj Institute of Management Studies, Gupte had begun her career with ICICI Ltd (which later merged with ICICI Bank) in 1971 as a trainee in the Project Appraisal department.
She served in different locations and capacities, and had played a pivotal role in the listing of ICICI share in the New York Stock Exchange (NYSE) – the first Indian enterprise to be listed in NYSE, and the second Asian Bank to do so.
In May 2007 Gupte was named to the board of the Finnish mobilephone giant Nokia.