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Gold rush offers shine to selective lenders
Gold Prices Soar, Muthoot Finance Ltd. Benefits from Increased Demand for Gold Loans In a development that has significant implications for the non-banking financial company (NBFC) sector, the price of gold has risen above ₹80,000 per 10 grams, leading to a surge in the value of collateral for gold lenders. This, in turn, has boosted the assets under management (AUM) of Muthoot Finance Ltd.,…
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Astra Security Raises $2.7M to Revolutionize Cybersecurity with AI-Driven Pentesting
New Post has been published on https://thedigitalinsider.com/astra-security-raises-2-7m-to-revolutionize-cybersecurity-with-ai-driven-pentesting/
Astra Security Raises $2.7M to Revolutionize Cybersecurity with AI-Driven Pentesting
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Astra Security, a cutting-edge cybersecurity SaaS company, has announced the successful closure of a $2.7 million growth capital round led by Emergent Ventures, with participation from Neon Fund, Better Capital, Blume Ventures, and PointOne Capital. The fresh capital will accelerate Astra Security’s mission to redefine penetration testing (pentesting) through AI-powered solutions, helping businesses stay ahead of evolving cyber threats.
AI-Powered Security for the Modern Digital Landscape
Astra Security is transforming the cybersecurity industry with its AI-driven pentesting platform, which mimics hacker behavior to identify vulnerabilities at an unprecedented scale. Over 800 engineering teams across 70+ countries rely on Astra Security’s technology to safeguard their applications, infrastructure, and APIs from cyber threats.
Last year alone, the company uncovered nearly 5,500 vulnerabilities per day. With AI enabling faster code deployment, the attack surface for cybercriminals continues to expand. Astra Security anticipates that by the end of the year, its platform will triple its vulnerability detection capacity.
“The cybercrime landscape is becoming increasingly complex with AI-based attacks,” said Shikhil Sharma, co-founder and CEO of Astra Security. “Traditional, periodic pentesting is no longer enough in today’s threat environment, and Astra Security is moving more businesses to continuous pentesting to stay ahead of hackers. The engineering world has become agile, collaborative, and automation-driven, but the cybersecurity industry has lagged behind. It’s our mission to breathe life into the security space by integrating AI, adopting a hacker’s mindset, and making the tech easy and accessible.”
Bringing Continuous Pentesting to Security Teams
Astra Security’s platform operates at the intersection of offensive security and automation, providing a comprehensive solution that includes Penetration Testing as a Service (PTaaS), a DAST vulnerability scanner, and an API security platform. These tools work in unison to uncover over 13,000 vulnerabilities, ensuring that businesses remain secure while reducing manual effort.
“Security is increasingly shifting to the hands of developers, while security teams find themselves more overwhelmed than ever,” said Ananda Krishna, co-founder and CTO of Astra Security. “While pentests have been around for over a decade, they are overdue for an AI-first update—simplifying and streamlining the process. We’re focused on removing the frustration of continuous security monitoring so businesses can get on with everything else.”
From Hackers to Cybersecurity Innovators
Astra Security’s foundation is deeply rooted in offensive security. Founders Shikhil Sharma and Ananda Krishna have spent over a decade identifying vulnerabilities for global tech giants such as Microsoft, Adobe, AT&T, Yahoo, and Blackberry. Their expertise led to the creation of Astra Security in 2018, with a vision to modernize pentesting by leveraging AI and automation.
A Growing Customer Base and Industry Recognition
Astra Security’s impact is already evident among mid-sized and large enterprises. Over 25% of its customers include well-known organizations such as Loom, HackerRank, ITC, Olx Autos, Mamaearth, Muthoot Finance, Bonusly, Singapore Trade Exchange, Oscilar, University of Cambridge, CompTIA, and Prime Healthcare. The company’s rapid adoption among leading brands is a testament to its effectiveness in providing fast, actionable security insights.
Solving the Complexity of Modern Cybersecurity
As modern cloud infrastructures become increasingly complex—incorporating APIs, integrations, and multi-AI models—organizations face mounting security challenges. Astra Security is designed to be the single source of security trust, ensuring that businesses can onboard vendors, integrate APIs, and expand their digital footprint without compromising security.
With AI-driven pentesting, businesses can shift left from DevOps to DevSecOps, seamlessly integrating security into their development workflows. Astra Security’s CI/CD integrations enable engineering and security teams to remediate vulnerabilities in record time, minimizing risk and potential financial losses.
In 2023 alone, Astra Security identified and helped remediate over two million vulnerabilities, saving its customers an estimated $69 million in potential losses due to security breaches.
What’s Next for Astra Security?
The newly secured funding will enable Astra Security to further enhance its AI capabilities, expand its detection capabilities into cloud environments, and continue simplifying security for developers and security engineers. As cyber threats grow in complexity, Astra Security remains committed to staying ahead of attackers and ensuring businesses remain protected.
With AI making pentesting continuous, scalable, and developer-friendly, Astra Security is set to redefine cybersecurity standards for the future.
#000#2023#adobe#adoption#agile#ai#AI models#AI-powered#amp#API#APIs#applications#as a service#astra#Astra Security#Attack surface#attackers#automation#Behavior#brands#CEO#CI/CD#Cloud#code#collaborative#complexity#comprehensive#comptia#continuous#CTO
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Chennai's Most Reputable Old Gold Buyers: A Comprehensive Guide
If you’ve been holding onto old or unused gold and are now ready to sell, finding a trustworthy buyer is essential. In a market filled with options, determining who will provide a fair price and a transparent process can be overwhelming. Fortunately, Aghni Gold, the Most Trusted Old Gold Buyer in Chennai, is here to make your gold-selling experience seamless and rewarding. This guide will walk you through the key aspects of selling your gold and why Aghni Gold is the city’s go-to choice.
Why Choosing the Right Gold Buyer Matters
Gold is a valuable asset, and selling it should be done with care. The right buyer ensures you get a fair price based on accurate valuation while avoiding hidden fees or unethical practices. With the fluctuating gold market, working with a reputable buyer like Aghni Gold guarantees a hassle-free experience and top value for your precious metals.
How to Identify Reputable Gold Buyers in Chennai
Here are some factors to consider when choosing a buyer for your old gold:
1. Reputation and Reviews
Online reviews and word-of-mouth recommendations are great indicators of a buyer’s reliability. Look for a buyer with positive customer feedback and a proven track record, like Aghni Gold.
2. Transparency in Valuation
Reliable buyers use advanced technology to determine gold purity and weight. At Aghni Gold, we employ non-invasive XRF machines, ensuring accurate results with no hidden charges.
3. Competitive Pricing
A reputable gold buyer offers prices aligned with the current market rate. Comparing rates and checking for consistency is crucial when making your decision.
4. Instant Payment
Trusted buyers provide immediate payouts. Whether you prefer cash, a bank transfer, or a digital payment, a reliable buyer ensures you leave with your money the same day.
5. Customer Service
Professionalism and a customer-first approach are hallmarks of a trusted buyer. Friendly and knowledgeable staff can make the gold-selling process smooth and stress-free.
Why Aghni Gold is Chennai’s Most Trusted Old Gold Buyer
Aghni Gold has earned its reputation as the most trusted old gold buyer in Chennai through its commitment to transparency, fairness, and customer satisfaction. Here’s what sets us apart:
Accurate and Transparent Valuation
We use cutting-edge XRF technology to assess your gold’s purity and weight, providing a precise and damage-free valuation process.
Fair and Competitive Rates
Our pricing reflects the latest gold market trends, ensuring you get the best possible value for your gold.
Instant Payments
Your time is valuable, and so is your gold. That’s why we offer immediate payments, whether in cash or through secure bank transfers.
No Hidden Charges
At Aghni Gold, we believe in complete transparency. There are no surprise deductions or hidden fees—what you see is what you get.
Convenient Locations
Our accessible and secure locations in Chennai make it easy for customers to visit and conduct transactions with confidence.
Top 5 Reputable Old Gold Buyers in Chennai
While Aghni Gold is the leading choice for selling old gold in Chennai, here are a few other reliable options:
Attica Gold Company Known for their pan-India presence and fair valuations.
GoldMax Offers a customer-focused approach with competitive rates.
Muthoot Gold Point A trusted name in the financial services sector with professional gold-buying services.
Akshaya Gold Buyers Provides hassle-free transactions and instant payments.
Manappuram Gold Buyer Renowned for their expertise in gold evaluation and transparent processes.
FAQs About Selling Gold in Chennai
1. Is it necessary to have a purchase receipt to sell gold?
No, most buyers, including Aghni Gold, can evaluate your gold’s purity and weight without a receipt.
2. How is gold’s value determined?
The value of gold depends on its purity (measured in karats), weight, and the current market rate.
3. Are there taxes on selling gold?
Yes, transactions exceeding ₹50,000 may require PAN details, and certain tax implications might apply.
4. Can I sell broken or damaged gold?
Yes, reputable buyers like Aghni Gold accept all forms of gold, including broken jewelry and scraps.
Tips for Selling Old Gold
Stay Updated on Market Prices: Monitor the current gold rates to sell at the right time.
Choose a Licensed Buyer: Ensure the buyer operates legally and adheres to government regulations.
Verify Testing Methods: Advanced machines like XRF ensure accurate and non-invasive testing.
Compare Offers: Visit multiple buyers to compare rates and services before making a decision.
Why Aghni Gold Should Be Your First Choice
With years of experience, Aghni Gold has become synonymous with trust, reliability, and customer satisfaction in Chennai. Selling gold can be an emotional and financial decision, and our team ensures you receive the best possible experience.
Final Thoughts
Selling old gold doesn’t have to be a stressful experience. By choosing a reputable buyer, you can maximize your returns and enjoy peace of mind. Aghni Gold stands as the Most Trusted Old Gold Buyer in Chennai offering unmatched transparency, fair prices, and instant payments.
Ready to sell your old gold? Visit Aghni Gold today and experience why thousands of satisfied customers trust us for their gold-selling needs. Let us help you turn your unused gold into instant cash with confidence and ease.
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Top 10 Trusted Old Gold Buyers in Chennai
Selling old gold is a common practice, whether it’s to liquidate assets, fund emergencies, or simply declutter your jewelry box. However, finding a reliable gold buyer is crucial to ensure you receive the best value. If you’re searching for the Most Trusted Old Gold Buyer in Chennai look no further than Aghni Gold. With a reputation for transparency, fair valuation, and instant cash payments, Aghni Gold is among the top trusted names in the industry.
This blog highlights the top 10 trusted old gold buyers in Chennai to help you make an informed decision.
1. Aghni Gold
Aghni Gold stands out as the most trusted old gold buyer in Chennai, offering a seamless experience for customers looking to sell their gold. Here’s why Aghni Gold is the top choice:
Transparency: Uses advanced XRF machines for accurate gold valuation.
Competitive Prices: Aligns rates with the current market prices.
Instant Payments: Provides immediate cash or bank transfers.
Customer-Centric Approach: Ensures every transaction is smooth and stress-free.
Whether you’re selling gold jewelry, coins, or bars, Aghni Gold guarantees fair deals without hidden charges.
2. Attica Gold Company
A trusted name across India, Attica Gold Company offers competitive rates and a professional approach. They focus on customer satisfaction and ensure quick transactions.
Why Choose Them?
Transparent evaluation process.
Multiple branches in Chennai for accessibility.
Instant payouts for your old gold.
3. Muthoot Gold Point
Known for their legacy in financial services, Muthoot Gold Point is another reliable gold buyer in Chennai. They offer fair rates based on the purity and weight of your gold.
Highlights:
Trustworthy brand with years of expertise.
Advanced testing methods for purity.
Secure and hassle-free process.
4. Manappuram Gold Buyer
Manappuram Gold Buyer offers competitive rates and quick services, making them a preferred choice for many in Chennai. Their team of experts ensures accurate assessments.
Key Features:
Immediate payment options.
No hidden deductions.
Professional evaluation tools.
5. GoldMax
GoldMax is known for its fair pricing and transparent processes. They specialize in buying all types of gold items, including broken or old jewelry.
Why Consider GoldMax?
Competitive gold prices.
Trained professionals for evaluation.
Convenient payment methods.
6. Tanishq Gold Exchange
Tanishq, a renowned jewelry brand, also offers a gold exchange program. While primarily for exchanging old jewelry for new, they provide reliable assessments for your gold.
What Sets Them Apart?
Trusted brand name.
Certified valuation process.
Opportunity to exchange for premium designs.
7. Akshaya Gold Buyers
Akshaya Gold Buyers is another prominent player in Chennai. They focus on delivering the best possible value for your gold with immediate payouts.
Features:
No middlemen involved.
Transparent pricing.
Convenient branch locations.
8. Thangamayil Gold Buyers
With a strong reputation in the southern states, Thangamayil ensures fair dealings and customer satisfaction.
Advantages:
Expertise in gold buying.
Quick and straightforward transactions.
Valuation based on real-time market prices.
9. Joyalukkas Exchange
Joyalukkas, a renowned jewelry retailer, offers a gold exchange service that includes fair valuations for old gold.
Why Choose Joyalukkas?
Global brand reputation.
Transparent gold testing methods.
Easy exchange for cash or new jewelry.
10. RSBL Gold Limited
RSBL is a trusted name in gold trading and buying. They cater to both individuals and businesses looking to sell their gold assets.
Features:
Expertise in gold trading.
Advanced testing equipment.
Competitive gold rates.
Why Trust Aghni Gold Above All?
While all the names listed above are reliable, Aghni Gold stands out as the most trusted old gold buyer in Chennai due to its commitment to customer satisfaction, transparency, and competitive pricing.
Advanced Technology: Aghni Gold uses non-invasive XRF machines for accurate assessments.
Fair Prices: Rates are aligned with global market trends.
Instant Payments: Ensures you walk out with cash or a secure transfer in minutes.
Customer-Centric: Friendly and professional staff guide you through every step of the process.
FAQs About Selling Old Gold in Chennai
1. What documents are required to sell old gold? You may need a valid ID proof (Aadhaar, PAN, or Passport) and the original purchase receipt (if available).
2. Can I sell gold without a hallmark? Yes, gold without a hallmark can still be sold. However, its purity will need to be assessed by the buyer.
3. Why is purity testing important? Purity testing ensures you receive the correct valuation for your gold based on its karat value.
Selling your old gold can be a hassle-free and profitable process if you choose a trusted buyer. With Aghni Gold, you’re guaranteed a seamless experience, fair pricing, and instant cash payouts.
If you’re looking for the Most Trusted Old Gold Buyer in Chennai, visit Aghni Gold today. Let us help you turn your unused gold into valuable cash with complete transparency and professionalism. Don’t wait—experience the best in the business with Aghni Gold!
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Muthoot Business School: A Gateway to Future Leadership
Are you ready to become a leader in the business world? Muthoot Business School (MBS) is on a mission to discover and nurture the next generation of business leaders through its innovative program. With a legacy of over 137 years under the esteemed Muthoot Group, MBS is not just an educational institution; it's a launchpad for aspiring professionals.
The Hunt for Future Business Leaders
MBS is thrilled to announce its Hunt for Future Business Leaders, where we are looking for 60 exceptional candidates to join our ranks. This program combines internships, cutting-edge technology, personalized coaching, and experiential learning to prepare students for success in today's competitive landscape. The selected candidates will have a chance to get up to 100% scholarships, making it an unparalleled chance for those eager to excel.
Why Muthoot Business School?
Legacy and Trust: Being a part of the renowned Muthoot Group, you are well aligned with one of India's most trusted financial service brands.
Global Neo-Tech Focus: MBS integrates technology into its curriculum with specializations in futuristic disciplines like Artificial Intelligence, Machine Learning, Blockchain, Digital Transformation, and Fin-tech.
Industry Leadership Mentorship: Interns will work with seasoned leaders from the Muthoot Group and, in turn, will learn immensely and get a good foundation in their careers.
International Experience: The company partners with global international institutions to facilitate global exposure. Students can therefore experience broader views of how businesses are done worldwide.
Practical Training: Students will start their careers with internships, where they can practice theoretical knowledge in practical settings. How to Join
Are you one of the future leaders we are looking for? Here's how you can apply:
Eligibility: Final-year or graduated students from any Bachelor's program.
Application Process:
Register online on our website.
Take a short quiz to determine your level of preparation for this life-changing experience.
Case Competition and Final Selection
The selection process will involve a Case Competition, where the participants will be given a case study to analyse and present via video submission. The best participants will be advanced to the final round, an exciting online simulation game that tests strategic thinking and decision-making.
Your Future Starts Here
At Muthoot Business School, we believe in unlocking potential and shaping the leaders of tomorrow. If you are ready to take the first step toward a successful career, join us on this exciting journey. For further information or any queries, kindly contact us on (Number). Make your future happen with MBS!
Source: https://tycoonworld.in/muthoot-business-school-a-gateway-to-future-leadership/
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𝐀𝐜𝐜𝐞𝐥𝐞𝐫𝐚𝐭𝐞 𝐘𝐨𝐮𝐫 𝐂𝐚𝐫𝐞𝐞𝐫 𝐉𝐨𝐮𝐫𝐧𝐞𝐲 𝐰𝐢𝐭𝐡 𝐂𝐥𝐨𝐮𝐝 & 𝐃𝐞𝐯𝐎𝐩𝐬! 🏁
Explore the Future in AWS & DevOps for Absolute Beginners or Working Professionals through our 3.5-month Training Program.
🗓️ 𝐉𝐨𝐢𝐧 𝐨𝐮𝐫 𝐅𝐫𝐞𝐞 𝐃𝐞𝐦𝐨 𝐨𝐧 Saturday-30th 𝐍𝐨𝐯𝐞𝐦𝐛𝐞𝐫 𝟐𝟎𝟐𝟒,
⏰ 11:30 AM - 1:00 PM
New batches starting from 2nd December 2024
11:30am-1pm and
2:00pm-3:30pm
𝐖𝐡𝐚𝐭’𝐬 𝐨𝐧 𝐭𝐡𝐞 𝐇𝐨𝐫𝐢𝐳𝐨𝐧:
* Over 500+ Candidates placed in Top Companies
* Master AWS DevOps in 3.5 Months
* Mentor Support and Hands-On Practice
* Career Boost with Weekly Skill Sessions
* Weekly Interview Skills Sessions.
👨🎓𝐄𝐥𝐢𝐠𝐢𝐛𝐢𝐥𝐢𝐭𝐲:
Any Graduate (B Com/M Com, B Sc/M Sc, BBA/MBA, BCA/MCA, BCS/MCS, B.Tech/M.Tech)
Contact Us: 90152 36236
𝐀𝐝𝐝𝐫𝐞𝐬𝐬:
2nd Floor, Muthoot Finance Building, Tolichowki Rd, Galaxy, ToliChowki, Hyderabad, Telangana 500008
https://chat.whatsapp.com/F0t8m6EKd1HJ0Gqf6uVDj4
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Personal loans are increasingly popular for covering immediate financial needs, from medical emergencies to home renovations. The right lender offers not only quick approvals but also favorable interest rates and flexible repayment options. Here’s a guide to the top banks and Non-Banking Financial Companies (NBFCs) known for their low interest personal loans in India.
1. State Bank of India (SBI)
Interest Rate: Starts at 9.60% per annum
Loan Amount: Up to ₹20 lakhs
Features: SBI is a trusted name in banking, providing attractive interest rates, especially for existing customers. Its simple application process and transparent policies make it a go-to for salaried individuals and government employees.
2. HDFC Bank
Interest Rate: Starts at 10.50% per annum
Loan Amount: Up to ₹40 lakhs
Features: HDFC offers quick approval and disbursal, especially for its account holders. With flexible tenure options ranging from 12 to 60 months, HDFC’s personal loans come with competitive rates for salaried and self-employed individuals alike.
3. ICICI Bank
Interest Rate: Starts at 10.75% per annum
Loan Amount: Up to ₹25 lakhs
Features: Known for its digital application process, ICICI Bank provides easy personal loan solutions with minimal documentation. Their loans are particularly popular for quick disbursement and high flexibility in terms of loan tenure.
4. Kotak Mahindra Bank
Interest Rate: Starts at 10.25% per annum
Loan Amount: Up to ₹20 lakhs
Features: With a highly efficient online application process, Kotak Mahindra Bank offers competitive interest rates and flexible repayment options. Pre-approved offers for existing customers enhance its appeal.
5. My Mudra
Interest Rate: Starts at 10.49% per annum
Loan Amount: Up to ₹15 lakhs
Features: My Mudra provides personalized offers and flexible repayment tenures. Their easy-to-use mobile app allows borrowers to manage their loans, making it a convenient choice for those seeking a digital loan experience.
6. Bajaj Finserv
Interest Rate: Starts at 13.00% per annum
Loan Amount: Up to ₹25 lakhs
Features: As a leading NBFC, Bajaj Finserv offers high-value personal loans with flexible terms, ideal for those seeking urgent funds. Their online loan management and quick disbursal process make it popular among millennials and entrepreneurs.
7. Tata Capital
Interest Rate: Starts at 10.99% per annum
Loan Amount: Up to ₹25 lakhs
Features: Tata Capital provides customized personal loans with zero hidden charges. The NBFC is known for offering high eligibility to first-time borrowers and low processing fees, making it a suitable choice for new applicants.
8. IDFC First Bank
Interest Rate: Starts at 10.49% per annum
Loan Amount: Up to ₹40 lakhs
Features: IDFC First Bank has an easy application process and provides fast approval, making it ideal for salaried and self-employed borrowers alike. Flexible loan tenures and minimal documentation are added benefits.
9. Fullerton India
Interest Rate: Starts at 11.99% per annum
Loan Amount: Up to ₹25 lakhs
Features: Known for its accessibility, Fullerton India provides personal loans even to applicants with limited credit history. Their high eligibility criteria and a wide range of loan options cater to diverse financial needs.
10. Muthoot Finance
Interest Rate: Starts at 12.00% per annum
Loan Amount: Up to ₹15 lakhs
Features: Muthoot Finance offers quick approval and disbursal processes, making it suitable for urgent financial requirements. It is particularly popular in semi-urban and rural areas due to its extensive branch network.
Tips to Choose the Best Personal Loan Provider
Compare Interest Rates: Even a minor difference in interest rates can have a significant impact on the total repayment amount.
Check Processing Fees and Other Charges: Look for hidden costs such as processing fees, prepayment charges, and late payment penalties.
Evaluate Tenure Flexibility: A flexible tenure allows you to select an EMI that best suits your financial situation.
Consider Customer Service and Digital Access: Look for banks and NBFCs with good customer service and online facilities for hassle-free loan management.
Review Loan Eligibility Criteria: Each lender has different eligibility criteria; ensure you meet them before applying to improve your approval chances.
Conclusion
Choosing the right personal loan provider is essential to avoid overpaying in interest or hidden charges. Each bank and NBFC in this list offers unique benefits, and with the right research, you can find a cheapest personal loan in India that meets your financial requirements. Always assess the total cost of the loan and choose a lender that aligns with your financial capacity and repayment preferences.
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How to Get Job in Muthoot Finance: A Step-by-Step Guide
Muthoot Finance is one of the largest non-banking finance companies in India which is providing employment opportunities to youth from all sectors. Muthoot Finance is a good company for those who want to make their career in the financial sector. In today’s blog post, we will know “How to Get Job in Muthoot Finance, For this, we will tell you the eligibility, application process and other…
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[ad_1] Illustration: Binay Sinha2 min read Last Updated : Oct 12 2024 | 12:42 AM IST The Prime Minister's Internship Scheme has registered over 90,849 opportunities as on Friday, according to sources in the Ministry of Corporate Affairs (MCA). The internship portal launched, on a pilot basis on October 3, will be opened for applicants on Saturday evening. Click here to connect with us on WhatsApp Sources in the MCA said internship opportunities have been posted by 193 companies, including by major private sector players such as Jubilant Foodworks, Maruti Suzuki India, Eicher Motor Ltd, Larsen & Toubro, Muthoot Finance, and Reliance Industries. The opportunities are spread across 24 sectors, with the greatest share available in the oil, gas & energy sector, followed by travel & hospitality, automotives, banking and financial services among others. The internships are available in over 20 fields, including operations management, production & manufacturing, maintenance, sales & marketing spread, across 737 districts across the country. The scheme would target providing 125,000 internship opportunities to youth aged 21 to 24 in FY 2024-25 with a budget of Rs 800 crore. Government aims to skill one crore youth in India’s top companies in five years through the internship scheme. The youth will gain exposure for 12 months to real-life business environment, varied professions and employment opportunities. The eligibility criteria for internship candidates requires them to have passed High School, Higher Secondary School, possess a certificate from an Industrial Training Institute, hold a diploma from a Polytechnic Institute or have a graduate degree. The persons should also be Indian nationals, who are not fully employed and engaged in full-time education. Those enrolled in online or distance learning programmes are eligible to apply. Candidates would be able to browse internships based on their preferred sectors, roles, locations and apply up to five opportunities. The MCA would provide direct benefit transfer of Rs 6,000 to the intern on joining and a cover under the PM Jeevan Jyoti Bima and PM Surakha Yojana. A financial assistance of Rs 5,000 per month would also be provided to the intern of which Rs 4,500 would be disbursed by the government and Rs 500 would be paid by the company from its CSR funds. First Published: Oct 12 2024 | 12:42 AM IST [ad_2] Source link
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[ad_1] Illustration: Binay Sinha2 min read Last Updated : Oct 12 2024 | 12:42 AM IST The Prime Minister's Internship Scheme has registered over 90,849 opportunities as on Friday, according to sources in the Ministry of Corporate Affairs (MCA). The internship portal launched, on a pilot basis on October 3, will be opened for applicants on Saturday evening. Click here to connect with us on WhatsApp Sources in the MCA said internship opportunities have been posted by 193 companies, including by major private sector players such as Jubilant Foodworks, Maruti Suzuki India, Eicher Motor Ltd, Larsen & Toubro, Muthoot Finance, and Reliance Industries. The opportunities are spread across 24 sectors, with the greatest share available in the oil, gas & energy sector, followed by travel & hospitality, automotives, banking and financial services among others. The internships are available in over 20 fields, including operations management, production & manufacturing, maintenance, sales & marketing spread, across 737 districts across the country. The scheme would target providing 125,000 internship opportunities to youth aged 21 to 24 in FY 2024-25 with a budget of Rs 800 crore. Government aims to skill one crore youth in India’s top companies in five years through the internship scheme. The youth will gain exposure for 12 months to real-life business environment, varied professions and employment opportunities. The eligibility criteria for internship candidates requires them to have passed High School, Higher Secondary School, possess a certificate from an Industrial Training Institute, hold a diploma from a Polytechnic Institute or have a graduate degree. The persons should also be Indian nationals, who are not fully employed and engaged in full-time education. Those enrolled in online or distance learning programmes are eligible to apply. Candidates would be able to browse internships based on their preferred sectors, roles, locations and apply up to five opportunities. The MCA would provide direct benefit transfer of Rs 6,000 to the intern on joining and a cover under the PM Jeevan Jyoti Bima and PM Surakha Yojana. A financial assistance of Rs 5,000 per month would also be provided to the intern of which Rs 4,500 would be disbursed by the government and Rs 500 would be paid by the company from its CSR funds. First Published: Oct 12 2024 | 12:42 AM IST [ad_2] Source link
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Muthoot Finance share price zooms over 6% to 52-week high after Q3 results 2025. Should you buy amid rising gold prices?
Muthoot Finance Shares Soar 6.45% to a Fresh 52-Week High Muthoot Finance, a leading gold loan financier, witnessed a significant surge in its shares on Thursday, rising 6.45% to a fresh 52-week high of ₹2,321.80 apiece on the Bombay Stock Exchange (BSE). The company’s impressive Q3 results for the fiscal year 2025 (FY25) have been the primary driver of this sharp rally. Muthoot Finance reported…
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Gold loan companies in the eyes of RBI: Shares of Muthoot, Manappuram Finance fell more than 3%
Shares of Muthoot Finance and Manappuram Finance fell up to 3.9% on BSE on Tuesday. This decline was seen when the Reserve Bank of India (RBI) on Monday revealed several irregularities being practiced by gold loan financiers. RBI found that while giving loans against gold jewellery(…)
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What are Finance Stocks? What are the list of Financial Stocks in India?
Explore the dynamic landscape of India's financial stocks, including key players like Bajaj Finance, Shriram Finance, and Muthoot Finance. This guide breaks down the factors influencing the performance of financial stocks, such as economic conditions, interest rates, and market sentiment. Learn about the top NBFCs (Non-Banking Financial Companies) like Cholamandalam Investment, IRFC, and Sundaram Finance, which play crucial roles in India's financial ecosystem. Discover essential strategies for investing in financial stocks, including diversification, monitoring market trends, and seeking expert advice. Whether you're a seasoned investor or a newcomer, this guide provides valuable insights for building a resilient and profitable investment portfolio.
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Piramal Pharma Solutions Hyderabad Recruitment Drive on 16 June 2024 Join Us for an Exciting Career Opportunity in Hyderabad! Date: 16 June 2024 (Sunday) Time: 9:30 am - 4:00 pm Venue: Piramal Pharma Limited, Ground Floor, D3T Tech Hub, 1-98/8/6&7, Image Garden Road, VIP Hills, Silicon Valley, Madhapur, Hyderabad – 81, Telangana Landmark: Metro Pillar no – 1765, Muthoot Finance -> D3T Tech Hub About the Walk-In Drive Piramal Pharma Solutions, a leading pharmaceutical company, is inviting talented professionals to join their team at a walk-in drive in Hyderabad. This is an excellent opportunity for candidates with the right qualifications and experience to become part of a dynamic and innovative company. The event will be held on 16 June 2024, from 9:30 am to 4:00 pm. Don't miss your chance to advance your career in the pharmaceutical industry! Available Positions and Requirements Executive – Production (API) Qualification: B.Sc. Experience: 2 - 5 years Skills Required: Production, execution of BMR, BPR, solvent recovery, GMP, safety, SAP. Executive – Production (API) Qualification: B.Tech / B.E (Chemical Engineering) Experience: 4 - 6 years Skills Required: Production, execution of BMR, BPR, solvent recovery, GMP, safety, SAP. Executive – Mechanical (API) Qualification: B.Tech (Mechanical) Experience: Minimum 4 years Skills Required: API plant equipment maintenance & modifications, GMP, good engineering practices. Executive – Instrumentation (API) Qualification: B.Tech (Mechanical) Experience: Minimum 4 years Skills Required: Troubleshooting of PLC and SCADA, field instrument system (preferably Rockwell system), knowledge of critical analyzers and field instruments, process and control systems. Executive – Electrical (API) Qualification: B.Tech (Electrical) Experience: 2-8 years Skills Required: Maintenance and troubleshooting of pharma manufacturing equipment, maintenance of electrical equipment like PCC, MCC, UPS, VFD. Executive – Projects (API) Qualification: B.Tech (Mechanical) Experience: 5-8 years Skills Required: Project conceptualization, collaboration with Process Engineering, TSD & Production departments. Executive – HVAC (API) Qualification: B.Tech (Mechanical) Experience: Minimum 5 years in an API plant Skills Required: HVAC validations, AHU maintenance, Dx systems, VRV systems, cleanrooms, cold rooms, temperature mapping. Executive – SCM (API) Qualification: M.Sc./B.Sc./B.E (Chemical) Experience: 2-5 years Skills Required: Production planning and inventory control, dispensing of raw material, issuance, receipts, documentation. What to Bring Please bring the following documents: Highest educational qualification certificates Three months' pay slips Latest increment letter How to Apply To submit your CVs or for any queries, please email: [email protected] [caption id="attachment_81742" align="aligncenter" width="930"] Piramal Pharma Solutions Recruitment - Job vacancies[/caption]
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Leveraging the Power of Sports Sponsorship: Impact on Brand Equity in the IPL Era
In recent years, sports sponsorship has emerged as a potent marketing strategy for brands worldwide. The Indian Premier League (IPL), one of the most-watched cricket tournaments globally, has become a prime arena for brands to enhance their visibility and build brand equity. This blog explores the role of sponsoring sports events like the IPL in bolstering brand equity, supported by data and sources.
Increased Brand Exposure: Sponsoring the IPL offers brands unparalleled visibility to a vast and diverse audience. According to a report by Nielsen, the IPL 2020 garnered a cumulative reach of 405 million viewers, making it a lucrative platform for brand exposure (Source: Nielsen Sports). With matches broadcasted globally and extensive media coverage, sponsors gain widespread visibility, thereby increasing brand awareness among a broad demographic.
Enhanced Brand Recall and Recognition: Associating with a high-profile sporting event like the IPL helps brands to establish strong associations in consumers' minds. A study conducted by Kantar revealed that IPL sponsors experienced a 17% increase in brand recall compared to non-sponsors (Source: Kantar). Consistent brand presence throughout the tournament, including on player jerseys, stadiums, and advertisements, reinforces brand recognition and ensures that the brand stays top-of-mind among consumers.
Positive Brand Image and Perception: Sponsoring sports events like the IPL allows brands to align themselves with the passion and excitement of sports, fostering positive brand associations. Research indicates that consumers perceive brands sponsoring sports events as dynamic, youthful, and energetic (Source: Marketwatch). This positive brand image translates into increased consumer trust, loyalty, and preference, ultimately contributing to enhanced brand equity.
Opportunities for Consumer Engagement: Sports sponsorships offer brands unique opportunities for direct consumer engagement and interaction. Through various activation activities such as fan zones, contests, and social media campaigns, sponsors can create immersive brand experiences for fans. According to a study by Ipsos, 75% of fans feel more positively about sponsors who engage them beyond traditional advertising (Source: Ipsos). Such interactive initiatives not only strengthen brand-consumer relationships but also generate valuable user-generated content, amplifying brand reach and engagement.
Financial Performance and Market Share: Research suggests a positive correlation between sports sponsorship and financial performance. A study published in the Journal of Advertising Research found that companies investing in sports sponsorship experienced an increase in market share and stock prices (Source: Journal of Advertising Research). The heightened visibility and positive brand associations derived from sponsoring sports events like the IPL contribute to improved brand performance and competitiveness in the market.
Long-Term Brand Building and Loyalty: While the immediate impact of sports sponsorship is evident, its long-term benefits in brand building and loyalty are equally significant. According to a report by Repucom, 65% of sports fans are more likely to purchase products from brands actively involved in sponsoring sports events (Source: Repucom). By nurturing emotional connections with consumers through shared experiences and values, brands can cultivate enduring brand loyalty, driving sustained growth and profitability.
Here are some of the prominent team-brand associations in the IPL:
Mumbai Indians:
Principal Sponsor: Samsung
Official Partners: Marriott Bonvoy, Colors, Usha, Jio, Kingfisher, Dream11, Burger King, Kotak, William Lawson's, Boat, DNA Networks, Radio City, Performax, Astral Pipes
Chennai Super Kings:
Principal Sponsor: Muthoot Group
Official Partners: Equitas Small Finance Bank, Gulf Oil, Nippon Paint, EUME, FanCode, Dream11, Boat, SEVEN, Astral Pipes, Usha, Nippon India Mutual Fund
Kolkata Knight Riders:
Principal Sponsor: BYJU'S
Official Partners: Lux Cozi, Astral Pipes, Dream11, Jio, Kingfisher, Greenply, Royal Stag, Kotak, Nokia, Medimix, Colgate, Asian Paints, Royal Stag, TV9 Bangla, Kotak, and Fancode
Royal Challengers Bangalore:
Principal Sponsor: Muthoot Fincorp
Official Partners: Duroflex, Astral Pipes, Kotak, Jio, Max Life Insurance, Exide, Singha, Mai Dubai, Kingfisher, Dream11, and Nissin.
Delhi Capitals:
Principal Sponsor: JSW Group
Official Partners: APL Apollo, Dream11, Jio, FanCode, Boat, Kotak, Colgate, BKT Tires, Livinguard, Fever FM, Nerolac, and EbixCash.
Rajasthan Royals:
Principal Sponsor: TV9 Bharatvarsh
Official Partners: Kei Wires & Cables, Astral Pipes, Kingfisher, Jio, Red Bull, Dream11, DafaNews, Dream11, FanCode, Acko General Insurance, and Jai Raj Steel.
Sunrisers Hyderabad:
Principal Sponsor: JK Lakshmi Cement
Official Partners: Ralco Tyres, Astral Pipes, Dream11, Jio, TCL, Colgate, Kia Motors, Nerolac, BKT Tires, and Jai Raj Steel.
Punjab Kings:
Principal Sponsor: EbixCash
Official Partners: BKT Tires, Colgate, Astral Pipes, Dream11, Jio, Fancode, Tata Motors, and Jai Raj Steel.
These associations not only provide financial support to the teams but also help brands in gaining exposure and reaching out to a wide audience during the IPL season.
Sponsoring sports events like the IPL offers brands a powerful platform to enhance brand equity and achieve strategic marketing objectives. The extensive reach, heightened visibility, and positive brand associations derived from sports sponsorships contribute to increased brand awareness, recall, and preference among consumers. Moreover, the opportunities for consumer engagement and long-term brand building further solidify the value proposition of sports sponsorship for brands. As the global sports sponsorship landscape continues to evolve, brands leveraging the inherent synergy between sports and marketing stand to reap substantial rewards in terms of brand equity and financial performance.
Authored by Dr. Kanchan Yadav Assistant Professor, Department of Management & Commerce Studies, The NorthCap University
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