Uday Kotak resigns as Kotak Mahindra Bank MD & CEO, Dipak Gupta takes interim charge

Uday Kotak, in his message, said as founder, he is deeply attached to brand Kotak and will continue to serve the institution as Non-Executive Director and significant shareholder. (Image source: Moneycontrol)

As an interim arrangement, Dipak Gupta, the Joint Managing Director, will carry out the duties of the Managing Director & CEO until December 31, 2023, subject to the approval of the RBI and the members of the Bank, the bank added.

We are working on guidelines for ‘greenwashing’, says Rohit Kumar Singh, secretary, DoCA

Rohit Kumar Singh says, "We also must realise that this regulation versus innovation debate is something the whole world is struggling with. If you regulate too much, then technology will not develop. If you regulate too less, then it is harmful."

Rohit Kumar Singh, secretary, Department of Consumer Affairs (DoCA), said increasing instances of misleading statements about products’ eco-friendliness are a matter of concern.

Nissin Foods has promoted Sandeep Bakhshi as MD

Sandeep Bakhshi started his career as a sales representative at Eureka Forbes. Then, he went on to hold positions at Asian Paints, Akzo Nobel Decorative Coatings, Pidilite Industries, Mars Wrigley and S C Johnson.

Sandeep Bakhshi, who previously led as chief business officer, succeeds Gautam Sharma.

Mahindra Group’s Sonam Pradhan quits to join Kellogg’s

Sonam Pradhan, whose experience ranges across FMCG, BFSI, automotive, uber luxury brands, consumer durables, online pharmacy startups, entertainment parks and logistic solution brands, started her career at Madison Communications as media planning manager.

Sonam Pradhan has had stints at Madison Communications and Mindshare.

Dilen Gandhi joins Tasty Bite Eatable as Managing Director

Gandhi, who has a background in P&L management, brand strategy, innovation, new business development, key account management and marketing communications, started his career at Gillette India as area sales manager.

Dilen Gandhi was previously with Reckitt, where he was regional marketing director – health and nutrition for the South Asia region.

SAMCO Group onboards Prashant Gupta as RankMF’s national sales head

This strategic appointment of Prashant Gupta amplifies SAMCO Group’s dedication to pioneering advancements in mutual fund distribution and wealth creation.

Prashant Gupta has held pivotal positions at mutual fund firms, including Aditya Birla Sun Life Mutual Fund (ABSLMF) and ICICI Prudential AMC Ltd (ICICI Pru).