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news365timesindia · 1 month ago
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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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news365times · 1 month ago
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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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vedantbhoomidigital · 1 month ago
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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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religare-broking-limited · 3 months ago
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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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sudheervanguri · 5 months ago
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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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the-northcap-university · 6 months ago
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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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hisureshkumar · 6 months ago
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riverwoodcapital1 · 6 months ago
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11.73% Muthoot Mercantile NCD May 2024 Review, Subscription, Allotment
Muthoot Mercantile NCD May 2024 Description – Muthoot Mercantile is a non-banking financial company engaged in the business of lending loans against the security of Gold, Investments, Health Insurance, Forex Services, and Money Transfer. The company has been in the money lending business for decades, mainly focused on small-scale lending against households and used gold jewellery. Over 84 years,…
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nickyysharmi · 7 months ago
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Driving India's Financial Landscape: A Glimpse into NBFC Managing Directors
In the dynamic realm of finance, Non-Banking Financial Companies (NBFCs) stand as pillars of economic growth and champions of financial inclusion. At the helm of these institutions are visionary Managing Directors, whose strategic foresight and unwavering commitment sculpt the trajectory of the NBFC sector. Let’s explore the impactful work of some prominent leaders shaping India's financial landscape.
1. Raul Rebello — Mahindra & Mahindra Financial Services Ltd
Raul Rebello, renowned for his expertise in Rural Banking and Financial Inclusion, serves as the driving force behind Mahindra & Mahindra Financial Services Limited's growth journey. Through strategic emphasis on digital initiatives and customer-centric solutions, Rebello has propelled Mahindra Finance to unprecedented heights, earning prestigious accolades such as the Financial Inclusion Award at the Asian Banking and Finance Awards.
Also Read: Who is Abhay Bhutada?
2. Thomas John Muthoot — Muthoot Fincorp
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Thomas John Muthoot, the Chairman of Muthoot Fincorp Ltd., brings a harmonious blend of legacy and innovation to the finance sector. Guiding Muthoot Fincorp with unwavering resolve, he has elevated the company to prominence as a formidable entity in the NBFC realm. Leveraging technology for customer-centric solutions and prioritizing social responsibility underscore John’s profound approach to business leadership.
3. Rajeev Jain — Bajaj Finance Limited
Rajeev Jain, the Managing Director of Bajaj Finance Limited, epitomizes resilience and strategic foresight. Guiding the company through unprecedented challenges, Jain’s visionary approach to digitalization and customer engagement has fortified Bajaj Finance’s position as a premier NBFC in India. His adeptness in navigating crises, including the tumultuous impact of the Covid-19 pandemic, showcases his exceptional leadership qualities and commitment to fostering sustainable growth.
Also Read: Unveiling the Top Chartered Accountants in India and Their Staggering Net Worth
4. Abhay Bhutada — Poonawalla Fincorp
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Abhay Bhutada, MD of Poonawalla Fincorp Limited, embodies innovation and excellence in the finance sector. His transition from traditional banking to digital finance has propelled Poonawalla Fincorp to unprecedented success. Abhay Bhutada’s strategic vision, coupled with a focus on leveraging technology, has positioned the company as a frontrunner in the NBFC space. Notably, his remarkable contributions have earned him widespread recognition, including the prestigious title of Lokmat Maharashtrian Of The Year 2024.
Key Takeaways
- Visionary leadership and strategic acumen are paramount for success in the NBFC sector.
- Digitalization and customer-centricity are crucial drivers of sustainable growth in finance.
- Resilience and adaptability are essential qualities for navigating challenges and uncertainties.
- Commitment to social responsibility fosters long-term success and impact.
Also Read: Meet Abhay Bhutada: The Winner Of Lokmat Maharashtrian Of The Year 2024
In Conclusion
The exemplary leadership demonstrated by these Managing Directors within the NBFC sector serves as an enduring beacon of inspiration. Their transformative vision, coupled with unwavering dedication, not only elevates the stature of their organizations but also drives the broader advancement of the finance sector in India.
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sanjana-s · 7 months ago
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Paytm is restarting lending services with Shriram Finance and SMFG India Credit, and has initiated talks with Muthoot Finance.
After a two-month a break, Paytm has recommenced its lending operations in collaboration with non-banking lenders Shriram Finance and SMFG India Credit. The decision comes after recent restrictions on Paytm Payments Bank Limited, the banking arm of the Reserve Bank of India, which prevented the company from taking deposits or additional payment after March 15, 2024, because of non-compliance with regulations. Paytm decided to discontinue its well-liked credit product, Paytm Postpaid, in response to the RBI's tougher guidelines for unsecured consumer loans. To comply with the RBI's personal loan regulations, this buy-now-pay-later offering was discontinued.
Even though Paytm has started lending again, most lenders are being patient and keeping an eye on the situation. Before choosing to pursue new alliances or loans, they are evaluating the cash flow of Paytm and the effect that the RBI's regulations have on its operations.
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muthootforexin · 8 months ago
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MUTHOOT FOREX LIMITED
Muthoot Forex Limited offers outward remittance services for students wanting to remit their educations fees for study abroad. Muthoot Forex Limited also provides Outward remittances facility for Tour remittance, Medical Treatment, Gift remittance and other categories permitted under the Liberalised Remittance Scheme (LRS). Forex services by Muthoot Forex Limited are strictly executed as per the guidelines of RBI. With simplified foreign exchange services, our customers are empowered to travel anywhere in the world without having to worry about the availability of currency. Muthoot Foreign Exchange offers hassle-free currency exchange services at highly competitive rates.
Business Keywords : foreign remittance, outward remittance,international money transfer, swift transfer,world remittance, international funds transfer, swift wire transfer, international currency transfer,international cash transfer, send currency abroad, international monetary transfer, international transfer, best international money transfer, international wire transfer, sending money overseas, online wire transfer
social profile links: https://www.facebook.com/MuthootForex?mibextid=ZbWKwL
https://www.linkedin.com/company/muthoot-forex-ltd/
Business Email : [email protected]
Business hours: 9:00 AM TO 06:00 PM
Phone number:  919188300600
Website: https://www.muthootforex.com
Address : Reg Office: 2nd Floor, Muthoot Chambers, Opposite Saritha Theatre Complex, Banerji Road, Kochi 682 018, Kerala, India
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sassysuitdonut · 8 months ago
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Exploring Career Options After a BA in English and Journalism
In a world that is obsessed with STEM and Science and Management oriented subjects, it is quite natural to wonder what career prospects are available for a student of humanities. Look no further, this post will discuss possible careers, options for higher studies and put all your doubts to rest. Brace yourself for an exhilarating journey! Enrolling in a Bachelor of Arts (BA) program in English and Journalism isn’t just about earning a degree – it’s about unlocking a world of endless possibilities. By blending the rich tapestry of literature with the dynamic realm of journalism, you’re not just studying; you’re preparing to conquer the professional landscape with a versatile skill set coveted by industries far and wide.
Discover your path to success with a BA degree from a leading college in Bangalore. Unleash your potential, gain valuable skills, and shape your future in one of India’s most vibrant cities. Explore our dynamic programs and world-class faculty today with the BA English & Journalism Course in Bangalore.
Let’s embark together on an exploration of the myriad career avenues that await graduates of this vibrant program:
Journalism and Media: With a solid foundation in both English and journalism, you’re well-prepared for a career in the ever-evolving field of media. You can work as a journalist, reporter, editor, or content creator across print, digital, or broadcast platforms. Your ability to research, write, and communicate effectively will be your greatest assets in this fast-paced industry.
Content Writing and Editing: In today’s digital age, businesses are constantly seeking skilled content writers and editors to engage their audience and enhance their online presence. Whether it’s crafting compelling articles, blogs, or social media posts, your proficiency in English and journalism will make you a valuable asset in content marketing agencies, publishing houses, or as a freelancer.
Public Relations (PR) and Corporate Communications: As a graduate with expertise in communication and storytelling, you can excel in the field of public relations and corporate communications. Your ability to convey messages effectively, build relationships, and manage reputations will be highly sought after by businesses, nonprofit organizations, or government agencies.
Marketing and Advertising: A BA in English and Journalism can also pave the way for a career in marketing and advertising. Your skills in persuasive writing, critical thinking, and audience analysis are invaluable in creating impactful marketing campaigns, copywriting, or brand storytelling for diverse clients and industries.
Teaching and Education: If you have a passion for sharing your love of language and literature, consider pursuing a career in teaching or education. What’s more? With additional qualifications such as a  master’s degree in english/journalism or education, you can inspire the next generation of students as an English teacher, lecturer, or academic instructor.
Digital Media Production: As digital platforms continue to dominate the media landscape, there is a growing demand for professionals proficient in multimedia storytelling and production. Your background in journalism coupled with your creative flair in English can lead you to roles in video production, podcasting, or interactive media content creation.
Publishing and Editorial Work: If you have a keen eye for detail and a passion for literature, a career in publishing or editorial work may be the perfect fit for you. Whether you’re editing manuscripts, acquiring new authors, or managing publication schedules, your expertise in English and journalism will be instrumental in shaping the literary landscape.
Companies that actively recruit BA Graduates: TCS, Google, Amazon, Flipkart, Etsy, Infosys, HDB Financial services, Cognizant, Axis bank, The Muthoot Group and many others.
Remember, the skills and knowledge acquired during your BA in English and Journalism are transferable across various industries and professions. Embrace opportunities for internships, networking, and continuous learning to further enhance your career prospects. With dedication, creativity, and a love for language, the possibilities are endless for graduates of this dynamic program.
So there you go, you are now ready to embark on your career journey. Take the first step with confidence, knowing that your BA in English and Journalism will equip you with the tools to succeed in the ever-changing world of communication and storytelling.
Discover the gateway to a successful career in business administration at our BA College in Bangalore. Explore comprehensive programs, expert faculty, and unparalleled opportunities for professional growth. Enroll now and embark on a transformative educational journey
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shrutim12 · 8 months ago
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How NBFCs Shape Your Financial Choices
Today, we're diving into the intriguing world of Non-Banking Financial Companies (NBFCs) and how they shape the choices you make with your hard-earned moolah. NBFCs might not be as familiar as your neighborhood bank, but trust me, they play a significant role in the financial ecosystem. So, let's unravel the mysteries behind NBFCs and understand how they influence your financial decisions.
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Understanding the NBFC Landscape
Now, before we jump into the nitty-gritty, let's get a grasp of what NBFCs actually are. Unlike your traditional banks, NBFCs don't hold a banking license but provide financial services akin to banks. Picture this: they offer loans, advances, asset financing, and even wealth management services. While they might not sound as mainstream as your typical bank, NBFCs like Bajaj Finance, Muthoot Finance, and L&T Finance have been making waves in the financial arena.
Also Read: Mastering Asset Quality with Finance Leaders like Abhay Bhutada and Aditya Puri
NBFCs: The Financial Mavericks
Unlike banks, NBFCs operate on a different set of rules. They're not part of the conventional banking system regulated by the RBI. Instead, they dance to their own tune, albeit under the watchful eye of regulatory bodies. This gives them a certain degree of flexibility in crafting financial products tailored to specific customer needs. Think of them as the rebel rockstars of the finance world, bending rules while staying within the lines.
The Influence Game
Now, you might be wondering, how exactly do NBFCs impact my financial decisions? Well, buckle up, because here's where it gets interesting. NBFCs often specialize in niche financial products that might not be readily available at your corner bank. Whether it's quick personal loans, customized insurance plans, or innovative investment options, NBFCs offer a smorgasbord of choices to cater to diverse financial appetites.
The Convenience Factor
One of the key selling points of NBFCs is convenience. With streamlined processes and minimal paperwork, getting a loan or availing financial services from an NBFC is often a breeze compared to traditional banks. Picture this: you can apply for a loan from the comfort of your couch and get approval within minutes. It's like magic, but with numbers and paperwork.
Also Read: MD Abhay Bhutada Provides Glimpse of Poonawalla’s Co-Branded Card Strategy in Q4
The Risk Factor
Now, let's address the elephant in the room – risk. While NBFCs offer a plethora of financial goodies, they also come with their fair share of risks. Since they operate outside the purview of traditional banking regulations, NBFCs might be more susceptible to market fluctuations and economic downturns. However, reputable NBFCs employ robust risk management strategies to mitigate these risks and safeguard the interests of their customers.
The Warren Buffett Connection
Ah, Warren Buffett, the Oracle of Omaha himself. Even the legendary investor has dabbled in the world of NBFCs, albeit indirectly. Through his investments in financial institutions like American Express and Goldman Sachs, Buffett has indirectly supported the growth of NBFCs and recognized their potential in shaping the financial landscape.
Also Read: Abhay Bhutada Shares Insights on Poonawalla Fincorp’s Long-Term Objectives
Conclusion
And there you have it, folks – a glimpse into the fascinating world of NBFCs and their impact on your financial decision-making. From offering customized financial solutions to revolutionizing the way you manage your money, NBFCs continue to play a pivotal role in shaping the future of finance. So, the next time you're in need of financial assistance, don't hesitate to explore the offerings of NBFCs. Who knows, you might just uncover a hidden gem that revolutionizes your financial journey.
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goldloanathome · 9 months ago
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Muthoot Finance: Your Online Gold Loan At Home Solution
Discover the ease of securing a gold loan at home with Muthoot Finance, India’s leading financial services company. Our online platform offers user-friendly, quick, and reliable gold loan services. Competitive Muthoot Finance gold loan interest ratesare affordable for your immediate financial requirements. Experience the seamless process from application to disbursement, all from the comfort of your home. Trust online Muthoot Finance for transparent, secure, and customer-friendly online gold loan services.
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financemaster1 · 10 months ago
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Simplified Investing for Millennials - The NCD Way
Are you looking to grow your money without the complexity of the stock market or the unpredictability of some investments? Well, look no further. We are Muthoot FinCorp ONE, here to introduce you to an investment opportunity that’s easy, rewarding, and tailored just for you - Non-Convertible Debentures or NCDs.
NCD stands for Non-Convertible Debenture. It's a fancy term for a straightforward investment option offered by companies to raise capital. When you invest in an NCD, you're essentially lending money to the company. In return, you receive regular interest payments at a fixed rate for a specific period. Unlike some other investments, NCDs don’t convert into equity shares; instead, they promise steady income and the return of your principal amount at maturity.
Why choose Muthoot FinCorp Ltd.'s NCDs?
High Returns: With returns of up to 9.43%, Muthoot FinCorp Ltd.'s NCDs offer attractive interest rates that outshine many traditional options like fixed deposits or savings accounts.
Financial Stability: These NCDs provide a low-risk, high-yield investment avenue, enhancing your financial stability.
Flexible Tenure: Tailor your investment duration according to your financial goals, starting from just Rs. 10,000.
No KYC Hassles: Skip the lengthy KYC process. Investing in NCDs through us is fast-tracked and hassle-free.
Regular Income: Enjoy periodic interest payouts, giving you a consistent income stream.
Here's how you can invest in NCDs with us in three simple steps:
Enter Your Details: Log in to the Muthoot FinCorp ONE app or website, providing your email address and PAN.
Choose Your Option: Select from the available NCD options that suit your investment goals.
Share Your Demat Details: Provide your DEMAT account details and UPI address.
FAQ s Answered:
Face Value of NCD: It’s the initial value of the debenture, representing the principal amount repaid at maturity.
KYC Requirement: Nope, you don’t need to complete KYC to invest in NCDs through us.
Investment Range: Start from as low as Rs. 10,000 and invest up to Rs. 5,00,000 via UPI. Need to invest more? Visit our nearest branch!
Applying Multiple Times: Sure, you can apply multiple times but only for different options. The cumulative maximum investment limit is Rs. 5,00,000.
Cancellation Policy: You have the flexibility to cancel your application during the bidding window. Keep in mind, it takes around 24 working hours for confirmation.
In-Person Assistance: If digital isn’t your thing, no worries! Visit your nearest Muthoot FinCorp Ltd. branch with your PAN, DEMAT, and bank account details. Our associates will guide you through the application process seamlessly.
Investing doesn’t have to be overwhelming. With Muthoot FinCorp Ltd.'s NCDs, you can easily grow your money while enjoying the peace of mind that comes with a secure, fixed-income investment.
About Muthoot FinCorp ONE
Muthoot FinCorp ONE is an all-in-one digital financial platform that makes getting an MSME & a Gold Loan, investing in Digital gold & NCDs, making payments & remittances, buying insurance & exchanging forex, simple and convenient.
As an SBU of Muthoot FinCorp Limited, Muthoot FinCorp ONE is backed by a legacy stretching back over 135 years, and the trust of more than 1 crore customers and is building a holistic financial ecosystem using the latest digital products for lending, investing, protection and payments.
Muthoot FinCorp ONE continues to uphold the values of the parent, the Muthoot Pappachan Group (Muthoot Blue) by providing its customers with easily accessible services, replete with unmistakable quality. The Muthoot Pappachan Group is among India’s most reputed names in the financial services industry, with customers in diverse segments like Automotive industry, Financial Services, Hospitality, Alternate Energy, Real Estate, and Precious Metals.
So what are you waiting for? Head to the Play Store and download the Muthoot FinCorp ONE app. You can also visit the website today to know more.
Alternatively, you can also follow us on Facebook, Instagram, Twitter or LinkedIn to stay tuned to our latest offerings.
Chat on Whatsapp | Branch Locator | Email us - [email protected] | Download App
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freemejob24 · 11 months ago
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Muthoot Finance Job Vacancy 2023: Unlocking Opportunities
Muthoot Finance Job Vacancy 2023: Unlocking Opportunities
Muthoot Finance, a renowned financial institution, stands as a beacon of stability and growth in the dynamic financial sector. In 2023, as the job market experiences fluctuations, Muthoot Finance emerges as a promising hub for career opportunities. Let’s delve into the details of Muthoot Finance job vacancies, the application process, and the unique aspects that make a career with Muthoot Finance stand out.
1. Introduction
In the competitive world of finance, Muthoot Finance has carved a niche for itself, offering a range of financial services. As the job landscape evolves in 2023, job seekers are turning their attention to reputed institutions like Muthoot Finance for stability and growth.
2. Muthoot Finance: A Leading Financial Institution
Muthoot Finance’s journey from its humble beginnings to becoming a leading financial giant is nothing short of remarkable. Established with a commitment to empowering individuals through financial services, the company has expanded its portfolio, offering gold loans, insurance, and more.
3. Current Job Market Trends
Understanding the current job market trends is crucial for job seekers. The economic landscape in 2023 plays a pivotal role in shaping job opportunities, and Muthoot Finance is actively contributing to this landscape by opening up avenues for employment.
4. Muthoot Finance Job Vacancies: What to Expect
Prospective applicants can explore a range of job opportunities at Muthoot Finance. From customer service roles to managerial positions, the company caters to diverse skill sets. Qualifications, skills, and the application process are detailed to guide potential candidates.
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