24, Nov 2023
NTPC Ltd. pays First Interim Dividend of Rs. 2,182 crore for FY 2023-24
Mumbai, 24th November 2023: NTPC Ltd. paid the First Interim dividend of Rs. 2,182 crore on 23rd November 2023 for the financial year 2023-24, being 22.50% of the paid-up equity share capital of the Company.
This is the 31st consecutive year that NTPC Ltd. has paid dividends, underscoring its dedication to providing consistent returns to its investors.
As a key player in the Indian energy sector, NTPC Ltd. continues to drive excellence, sustainable growth, and shareholder satisfaction through its strategic initiatives and robust financial performance.
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- By Rabindra
24, Nov 2023
Noida International University Hosts Inaugural Annual Sports Week
Uttar Pradesh, November 24, 2023 – Noida International University (NIU) commenced its first-ever Annual Sports Week, a three-day extravaganza featuring a myriad of sporting events involving all schools within the university. The sports week kicked off on November 22, 2023, and will culminate with a grand closing ceremony on November 24, coinciding with the celebration of NCC Day.
The inaugural ceremony was graced by the presence of the esteemed Chief Guest, Prof. (Dr.) Uma Bhardwaj, Vice Chancellor of Noida International University. The event began with the symbolic Mashal ceremony, representing the light of spirit, knowledge, and life. Pro VC Dr. Parsanjeet Kumar, Registrar Dr. Mukesh Parashar, and other dignitaries were also in attendance, adding prestige to the occasion.
The sports events are divided into two segments: indoor and outdoor. Outdoor competitions featured cricket, football, basketball, kabaddi, and volleyball. Meanwhile, indoor games included table tennis, chess, and carroms. Track events such as the 70m race added excitement to the sports lineup.
This historic sports day marks a significant milestone for Noida International University, with the Sports Council and NCC cadets taking the lead in organizing and volunteering the entire event. The university’s Vice-Chancellor and Pro Vice-Chancellor felicitated the Sports Council for their dedication and hard work in making the Sports week a reality.
The closing ceremony on November 24 promises to be a spectacular event, featuring NCC cadres participating in various activities and cultural programs. The university campus is aglow with lights, reflecting the spirit of sportsmanship and camaraderie.
The Director of Sports, Lt. Pratima Pandey said, “This instrumental event ensures a seamless execution of both indoor and outdoor competitions. The semi-final rounds are scheduled for November 23, leading up to the grand finals on November 24, which will coincide with the closing ceremony and the celebration of NCC Day. The event has been meticulously coordinated by Aditya Tiwari, NIU Sports General Secretary, Dheeraj Singh Rana, NIIMS General Secretary, Aditya Mishra-Deputy General Secretary, Yoginder Singh, Joint Secretary of Noida International University. They are committed to ensuring that the sports week is conducted with utmost discipline and adherence to rules. And good luck to all the participants”.
23, Nov 2023
Top 5 Application Development Courses to Pursue
The application development segment has witnessed remarkable growth in recent years, driven by a multitude of factors, including the proliferation of mobile devices, the rise of cloud computing, and the constant need for innovative digital solutions. As businesses and individuals increasingly rely on software solutions to streamline processes, enhance communication, and deliver services, the demand for skilled application developers has surged.
By acquiring the skills to develop applications, you can not only gain a deeper understanding of how technology works but can also empower yourself to create solutions that can address specific needs and problems. The ability to develop applications is a valuable and indispensable skill today that opens doors to countless opportunities in the job market. If you are looking for courses to learn or enhance your application development skills, take a look at these top 5 courses-
1. Certificate Program in Application Development by Hero Vired– This meticulously crafted program is tailored to empower individuals with little to no coding experience, providing them with essential programming skills in Data Structures and Algorithms (DSA) using Python as well as the ability to construct web applications with the Flask framework. With a duration of 6.5 months, this program caters to Bachelor’s degree holders.
Throughout the curriculum, you can expect to engage in over four industry-based simulation projects, gaining hands-on experience. The curriculum delves into creating Python Flask web applications, complemented by a user-friendly front end developed using HTML, CSS, and JavaScript. In addition, it provides a unique glimpse into the world of Generative AI, offering developers a valuable edge in their coding journey. Upon completion, you are provided a certificate, accredited by the NSDC.
2. Computer Science and Mobile Apps by edX- edX’s Computer Science and Mobile Apps professional certificate, approved by Harvard University, offers a comprehensive app development program. With Harvard professors as instructors, it covers coding languages like C, JavaScript, Python, and web development languages. You’ll learn to create apps using ES6, JavaScript, and JSX React Native. The program is self-paced and consists of two classes, “Introduction to Computer Science” and “Mobile App Development with React Native,” spanning six months, with a recommended study time of six to 13 hours per week. This program provides the knowledge and skills necessary to thrive in the dynamic world of mobile app development.
3. Full Stack Developer Course by NxtWave: NxtWave’s CCBP 4.0 is India’s pioneering Industry-ready certification program for full stack developers. This advanced training program equips you with industry-relevant skills to excel as a full-stack developer. Throughout the program, you will gain a deep understanding of computer systems and the internet, become proficient in C and Python programming, and develop proficiency in using command-line interfaces and Git.
The curriculum encompasses both front-end and back-end web development, covering HTML, CSS, JavaScript, Spring Boot, React JS, and more. Designed by IIT alumni and industry experts from top companies like Amazon and Microsoft, this program ensures you are job-ready. Through hands-on projects and real-world applications, you will create a portfolio that demonstrates your abilities to potential employers. Notably, NxtWave’s Full Stack Developer course boasts high ratings, with over 1500 companies hiring NxtWave graduates.
4. Complete Android N Developer Course by Udemy -The Udemy Complete Android N Developer Course is a comprehensive program that teaches Android app development through hands-on experience. It involves creating clones of popular applications, covering both basic and advanced features. By dissecting apps like social media, messaging, ride-sharing, and games, you gain insights into their functioning, which you can apply to your projects. The course also offers guidance on uploading apps to stores and marketing. Whether you’re a beginner or looking to enhance your skills, this course equips you with the knowledge and practical skills you need for Android app development.
5. Mobile App Development Courses by Knowledgehut– Whether interested in Xamarin certification training or the Native Script for Mobile App Development training, Knowledgehut courses are designed to equip you with the skills and certifications that top employers value. Led by industry veterans, its immersive learning programs offer an unparalleled opportunity to dive deep into the world of mobile app development.
Through project-oriented lab sessions, you’ll gain hands-on experience, mastering the latest Android and iOS tools. You can interact with top-notch instructors who bring real-world insights to your learning journey.
23, Nov 2023
Check Point Research Unraveling the Rug Pull: A Million-Dollar Scam with a Fake Token Factory
● Blockchain Vigilance Unveils Million-Dollar Heist: Our Threat Intel Blockchain system uncovered an ongoing Rug Pull event, and traced the actor behind this scheme
● The Scammer’s Tactics: Exploiting Hype for Ill-Gotten Gains, The perpetrator lured unsuspecting victims into investing.
● Unraveling the Scam: A Step-by-Step Deception The scam operated in several stages, including the creation of fake tokens, the manipulation of liquidity pools, simulated trading activities, and the extraction of funds.
● Check Point Researchers call out to investors to understand the details of this step-by-step process, crucial to protect themselves from falling victim to similar schemes.
Background
In the dynamic realm of cryptocurrency, recent events have highlighted the ever-present threat of Rug Pulls—deceptive maneuvers that leave investors empty-handed. Our Threat Intel Blockchain system, developed by Check Point, recently sounded the alarm on a sophisticated scheme that managed to pilfer nearly $1 million. Let’s delve into the details of this elaborate crypto con and understand how it unfolded.
Check Point’s Threat Intel blockchain system identified and alerted the following address
This is the balance of the scammer’s wallet (15/11/23), This address operated 40 distinct rug pulls and has been stolen almost 1 million dollars!
The Anatomy of the Scam:
How did this elaborate scam work, and how did it manage to siphon off a substantial sum? Here’s a breakdown:
Creating Fake Tokens: The scam commenced with the creation of deceptive tokens, exemplified by the token GROK 2.0. The choice of names often mirrored trending topics to attract unsuspecting buyers.
Adding Money to the Liquidity Pool: To create a façade of legitimacy, the scammer injected funds into the token pool, creating the illusion of a vibrant and active token.
Orchestrated Trading Activities: Leveraging a specialized function (0x521da65d) in the contract, the scammer executed simulated trades, making it appear as if genuine buying and selling were occurring. However, it was merely a ruse orchestrated by the scammer.
Pumping Up the Volume: Another function (0xf029e7cf) came into play, facilitating large-scale trades between the WETH cryptocurrency and the GROK token. This artificial inflation created a sense of high demand and value, enticing investors to join in.
Attracting Buyers: Capitalizing on the perceived attractiveness of the token, users began buying in, unaware of the impending deception.
Taking the Money: Once the token had sufficiently lured in investors, the scammer executed the final move—withdrawal of liquidity from the token pool, leaving token purchasers with empty hands and depleted funds.
Technical part
The scammer used 2 different smart contracts to trade and pump the token volume. The first contract address he used is 0x2ef3216e95e2b7c8e378ae64534100e69598f955 which contained the simulated trading function (0x521da65d).
function 0x521da65d
The function 0x521da65d is responsible for selling and buying the token for the scammer, this function has been executed 226 times for just this token. The function’s behavior is contingent on the Boolean varg7, which dictates its course, leading to two separate execution routes.
The first route (0x306b) is swapping from WETH cryptocurrency to GROK 2.0 (buying) ,As you can see in this image:
And the 2nd route (0x2bac) represents swapping from GROK 2.0 to WETH (selling)
For the second smart contract, the scammer operated using the address 0x4b2a0290e41623fbfeb5f6a0ea52dc261b65e29b, where he executed the function 0xf029e7cf to artificially boost the token’s volume.
function 0xf029e7cf
This function receives five parameters:
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Description automatically generated
decoding the following data sent to this function unveil the following arguments:
0xf029e7cf0000000000000000000000007a250d5630b4cf539739df2c5dacb4c659f2488d000000000000000000000000c02aaa39b223fe8d0a0e5c4f27ead9083c756cc2000000000000000000000000d4b726c5b5e6f63d16a2050ee3ac4a0f0f81f1d4000000000000000000000000000000000000000000000009c2007651b25000000000000000000000000000000000000000000000000000000000000000000009
Varg0 is the Uniswap router address that the scammer will use to swap the tokens.
Varg1 is the WETH cryptocurrency address, which will be used to swap against the GROK token.
Varg2 is the GROK 2.0 token address.
Varg3 is the amount of the token to swap.
Varg4 is the number of times to swap this token.
Looking deeper into the function we revealed the scammer used the function ‘swapExcatToekensSupportingFeeOnTransferTokens’ from Uniswap Router (varg0) to swap 9 times (varg4) from WETH(varg1) to GROK(varg2) and from GROK to WETH with a total amount of $ 420,000 which pumps the volume of the token and lures traders and bots to buy it.
The swaps loop can be seen in the following screenshot:
In the scam’s final phase, the scammer withdrew funds from the token’s liquidity pool after attracting a sufficient number of buyers and the token price increase. This is demonstrated by the fact that they removed liquidity from their deceptive tokens on 81 occasions.
23, Nov 2023
VST Tillers Tractors Ltd to continue association with Bengaluru Bulls as the Title Sponsor
Unveils Team Jersey for Season 10
November 23, 2023: VST Tillers Tractors Ltd, India’s leading farm equipment manufacturer, today announced that the Company will continue as the title sponsor of Bengaluru Bulls, the Pro Kabaddi League team from Bengaluru for the second consecutive year. The agreement will see VST Tillers Tractors Ltd feature as the title Sponsors of Bengaluru Bulls across various platforms, including the official team jersey. To mark the continuation of the partnership Mr. Antony Cherukara, CEO of VST Tillers Tractors Ltd, and Ms. Kirthi Muralikrishnan, CEO of Bengaluru Bulls unveiled the team’s new jersey for the season.
The 10th season of the Pro Kabaddi league is scheduled to commence in Ahmedabad on the 2nd of December 2023. Bengaluru Bulls will kick start their campaign on 8th December
2023 at Shree Kanteerava Indoor Stadium, Bengaluru, against Dabang Delhi.
Mr. Antony Cherukara, CEO of VST Tillers Tractors Ltd said “After a successful first year we are happy to announce the continuation of our partnership with Bengaluru Bulls. We believe that the Bengaluru Bulls team connects strongly with our brand and our customers. Since Kabaddi is India’s own sport and has a huge fan following in the rural areas, where a large part of our customers resides, we decided to extend our support to their campaign, this Pro Kabaddi Season. VST products are known for their power, compactness & durability, kabaddi also espouses power & grit, hence we find synergy in this association.
Ms. Kirthi Muralikrishnan, CEO of Bengaluru Bulls “Bengaluru Bulls is excited to have VST Tillers Tractors as our Title Sponsor for the second year in a row. We are sure that the continuation of association with one of the most reputed farm equipment manufacturers in the country will give confidence and inspire more reputed brands to support the Bengaluru Bulls’ campaign this year.
VST and Bengaluru Bulls will continue to undertake joint initiatives and promote the sport in the state at the ground level and empower young talent from rural India and specifically Karnataka.”
VST Tillers Tractors Limited. was established in the year 1967 by the VST Group of companies. With a legacy of more than 53 years, VST continues to drive farm mechanization and empowerment of Indian farmers. The organization is the largest Indian manufacturer of Tillers, 4WD Compact Tractor, and amongst the leading producers of the other category Tractors, Engines, Transmission, Power Reaper, and Precision Components. VST also exports products to European, Asian, and African markets. For more details, please visit https://www.vsttractors.com/
Bengaluru Bulls (BGB) is a Kabaddi team based in Bengaluru that plays in the Pro Kabaddi League. Bengaluru Bulls were champions in Season 6 and are one of the most successful teams in PKL history after winning in the 2018–19 season. The team has reached the semifinals five times over 8 seasons, more than any other team in the PKL history. The team has some of the best players of Pro- Kabaddi trained by the coach Randhir Singh Sherawat, who is an Arjuna award winner. Bulls play their home matches at the Kanteerava Indoor Stadium.
Bengaluru Bulls takes pride in the immense fan following it has in Karnataka, which makes them the PKL team with the largest fan base.
23, Nov 2023
Thomson computing launches in India
THOMSON Computing (METAVISIO FRANCE): Launches Laptops and
Tablets with Make in India (MII) Manufacturing Partnership with
SAHASRA Group
New Delhi, 23 November 2023 – Thomson Computing (METAVISIO), is set to make a significant mark in the Indian market with the launch of its extensive lineup of laptops and tablets. In collaboration with its newly established Indian subsidiary, Metavisio Computing India Pvt Ltd, Thomson Computing became the first European brand to enter the dynamic and rapidly growing Indian consumer electronics market.
An exclusive launch event will take place in New Delhi on the 23rd of November 2023 to celebrate this milestone. The event will display the innovative range of Thomson products introduced in India this month.
In a concurrent development, Thomson Computing is proud to announce its collaboration with Saharsa Electronics Solutions Limited for Manufacturing under the Production-Linked Incentive (PLI) 2.0 program. This partnership aims to leverage the benefits of the PLI scheme, contributing to the ‘Make in India’ initiative by fostering local manufacturing.
Furthermore, Thomson’s official registration as an Original Equipment Manufacturer (OEM) brand on the Government of India’s GEM E-Portal enhances its position in the market. This collaboration with Saharsa Electronics Solutions Limited will streamline the Manufacturing in India (MII) production of Thomson’s Computers range of laptops and tablets, catering to the diverse demands of consumers, including the Banking, Financial Services, and Insurance (BFSI) sector, Education, and public sector. This alliance reinforces Thomson Computing’s commitment to addressing the evolving needs of Indian consumers with the support of a well-established partner in the public domain. On the upcoming launch, Mr. Amrit Manwani CMD, Sahasra Group said “It is a moment of pride for Sahasra Group to partner with the French brand Thomson Computing (Metavisio) the largest selling European brand for laptops & tablets. This partnership is a true testament to the Make in India initiative as envisioned by the Government of India. ”
Thomson provides extensive Support Services for their range of products. Their comprehensive support options include onsite and offsite services, ensuring coverage at over 15000 Pin Codes across India through their Service Partner.
One of Thomson’s focuses is on customers seeking products within the sub-25K price range, with a starting MRP of Rs 19,990 for laptops up to a premium range of products with MRP of Rs 99,990, and a strong emphasis on serving customers in rural areas. Additionally, the brand aims to attract metro customers looking for a second or third laptop, promoting the THOMSON brand. The tablet range starts from an MRP of 12,990 onwards, providing affordable options to cater to a variety of needs.
“I have been immersed in the world of Thomson since my childhood as my father worked for 40 years in this company. And I have been working in the IT industry for 30 years. Deciding to take on this challenge to promote this familiar brand in the commercial sector that I know best was a natural choice. I am thrilled to start the business in India, assisted by my Global General Manager Pierre KRASNOVSKY (with 35 years of experience in the computer industry), and my India Country Manager Avinash SINGH (with 16 years in the Indian PC industry). India is a fabulous country that is undergoing a skyrocketed evolution.” said Stéphan FRANCAIS President and CEO of Thomson Computing.
Thomson Computing has already chosen 3 Distributors to address the following markets.
.Govt and Enterprise Business with ANA Business Ventures (ANA)
ANA brings experience in government and enterprise sectors, and the company is confident in its ability to provide effective IT hardware solutions for the Government of India, specifically for tablets and laptops. The primary focus will be on GEM-based transactions and serving large enterprises. Once they have a product range suitable for SMEs, they will extend their services to this sector as well.
.Retail Offline (Stores) with Digital Compusystems Pvt Ltd (DCS)
The current strategy focuses on expanding its offline presence through multi-brand outlets and partnerships with regional and large-format retailers. Brand-owned outlets are not in the immediate plans, but they may be considered in the future as part of their growth exploration.
.Retail Online (E-Commerce) with Key Players
Thomson Computing Products will be available soon on all Online platforms for more consumer experience.
23, Nov 2023
Tata Mutual Fund launches nationwide campaign ‘Jab Life Maange More, Badho Mutual Funds Ki Ore’ to promote goal-based SIP Investments
Mumbai, November 23: Tata Mutual Fund, as a part of its ‘Desh Kare Nivesh’ initiative, has launched a multi-lingual national campaign titled ‘Jab Life Maange More, Badho Mutual Funds Ki Ore’, which is designed to raise awareness about the significance of investing in Mutual Funds through Systematic Investment Plans (SIP). It aims to highlight the life-changing potential of regular Mutual Fund investments via SIPs, empowering individuals to take charge of their financial well-being and achieve their life goals.
The ad film features multiple characters who aspire to achieve their goals, be it a grand wedding, buying a car, or even kickstarting a startup – the film aims to convey that such aspirations can easily be achieved with the power of SIPs in Mutual Funds.
On the campaign launch, Prathit Bhobe, MD & CEO, Tata Asset Management, said that, “The Mutual Fund industry has experienced substantial growth, with SIP accounts reaching Rs. 7.30 crore and a cumulative collection of Rs. 16,928 crore as of October 2023. These numbers portray the growing popularity of SIPs among Indian investors. Through our campaign, ‘Jab Life Maange More, Badho Mutual Funds Ki Ore,’ we aim to cultivate awareness and provide guidance to potential investors in taking their first step towards Mutual Fund investments, particularly through SIPs. We firmly believe that investing in mutual funds is a way of life that empowers people to take charge of their financial well-being and achieve their life goals.”
Ashish Pawar, Head of Marketing, at Tata Asset Management, added, “Gone are the days when a single income stream sufficed to meet the growing needs of individuals. Our campaign is grounded in this consumer insight and leverages the potency of life-stage-based storytelling. The objective is to motivate and encourage individuals to consider investing in mutual funds, particularly through Systematic Investment Plans (SIP). Whether one is planning a dream wedding, launching a startup, securing quality education for loved ones, or purchasing a car, these financial aspirations can be realized through regular investments in mutual funds via SIP. With Desh Kare Nivesh, our Investor Education initiative, we aspire to disseminate financial awareness and equip individuals with the tools to achieve financial independence.”
The film has been conceptualized and produced by Broomsticks Productions and targets a broad audience, specifically those aged 25-50. With an estimated spend of Rs. 10 crores, the campaign will be executed in two phases, starting with digital and social media, followed by OOH and TV advertising on GEC, business channels, in addition to national and regional news channels.
Tata Mutual Fund’s commitment to financial education and empowerment is exemplified through this campaign, which not only underscores the advantages of Mutual Fund investments but also positions it as an integral part of the journey toward financial independence. As the financial landscape continues to evolve, the brand remains dedicated to fostering a culture of informed and empowered investors across the diverse tapestry of India.
23, Nov 2023
National Stock Exchange and Government of West Bengal sign MoU to facilitate fund raising for SMEs in the State
India’s leading stock exchange, the National Stock Exchange (NSE), and the Government of West Bengal have signed a Memorandum of Understanding (MoU) to spread awareness amongst MSMEs of the state regarding fundraising via IPO mechanism using NSE Emerge which is the SME platform of NSE.
MOU exchanged between Shri Debashish Bandhyapadhya, Special Secretary, MSME & Textiles, Government of West Bengal and National Stock Exchange, Mumbai, today at Kolkata in the presence of Dr H K Dwivedi, Chief Secretary, Government of West Bengal & Shri Rajesh Pandey, Principal Secretary, MSME & Textiles, Government of West Bengal. Shri Sriram Krishnan, Chief Business Development Officer represented NSE for the exchange of MOU. As part of the understanding, NSE with the support of the Government of West Bengal, shall conduct awareness drive-through seminars, MSME camps, knowledge sessions, road shows, and workshops to guide corporates across the state for fundraising on the NSE Emerge platform and handhold companies in the listing process.
Shri Rajesh Pandey, Principal Secretary, MSME & Textiles to the Government of West Bengal, MSME & Textile Department said: “Under the leadership of Hon’ble Chief Minister Smt. Mamata Banerjee, Government of West Bengal, we have been working tirelessly to grow and facilitate the MSME sector. Today at the ‘Bengal Global Business Summit’, we have signed an MoU with the National Stock Exchange to encourage and support the MSMEs of our state to pursue the capital market for growth opportunities. Listing on the capital market shall help them raise capital to fuel their growth story. This shall provide an opportunity to showcase their business to a larger set of investors through NSE Emerge platform. As a part of the MOU, we shall facilitate and jointly conduct awareness sessions for the MSMEs to help them understand the process of fundraising and the benefits of listing on the stock exchange.
Shri Sriram Krishnan, Chief Business Development Officer, NSE said: “Today, at the ‘Bengal Global Business Summit’ held in Kolkata, the Government of West Bengal and the National Stock Exchange have entered into a MoU to collaborate and support the growth of MSMEs via NSE Emerge and also setting up of alternative fund platform for state MSMEs. NSE Emerge enables SMEs to raise capital in an efficient manner and increase their visibility through listing on the stock exchange. We shall organize awareness sessions for MSMEs of the state in collaboration with the Government and provide a walk-through of the fund-raising process. We urge the MSMEs in the state to come forward and avail the new source of financing through NSE Emerge.”
As of today, NSE’s SME Emerge platform currently has 396 companies from various sectors, listed. The total funds raised on the platform to date is over INR 7,800 Cr. The market capitalization of these companies has crossed 94,000 Cr. The platform has 16 companies listed from West Bengal on the SME Emerge platform and has collectively raised INR 224.43 cr.
23, Nov 2023
Pramerica Life Insurance launches Pramerica Life RockSolid Future with Guaranteed Returns
.Provides guaranteed benefits 1 offering financial security with no ambiguity
. Flexible payout options between lump sum or Income benefits, catering to individual financial preferences.
. Diverse plan options include Income Builder, Family Income Builder, Fortune Builder, and Dream Builder
tailored to specific protection and savings needs
New Delhi, 23 nd November 2023: Pramerica Life Insurance, one of the leading life insurers in India, has announced the introduction of its latest offering, Pramerica Life RockSolid Future (UIN:140N089V01). The newly launched plan is an Individual Non-Participating Non-Linked Savings Life Insurance Plan, that gives the option to receive guaranteed regular income or lump sum on maturity along with tax benefits .
On the occasion of the launch, Pankaj Gupta, MD & CEO of Pramerica Life Insurance, said, “We all aspire for a better tomorrow, not just for ourselves but for our loved ones too. However, realizing a better life or lifestyle in the future necessitates proactive financial planning today. As a step in that direction, I am excited to unveil the Pramerica Life RockSolid Future, a forward-looking savings life insurance plan with many customer-centric flexible features. The product offering not only provides protection during life’s uncertainties but also assists individuals in attaining their financial life goals.
The product offers four distinct propositions to choose from:
Income Builder Option:
Ideal for retirement planning or creating a secondary income source. Provides regular income upon completion of the policy term and a lump sum amount along with the last income installment.
Family Income Builder Option:
This option provides enhanced protection over the Income Builder Option. Offers an immediate lump sum death benefit and waives future premiums in case of unfortunate demise of the life assured. The family receives income benefits from the next month, along with a Lump sum amount with the last Income Installment.
Fortune Builder Option:
Provides the entire policy proceeds as a lump sum at the end of the term and enables policyholders to pursue the life they’ve always dreamed of.
Dream Builder Option:
This option provides enhanced protection over the Fortune Builder Option. In case of unfortunate demise of the life assured, it offers an immediate lump sum death benefit and waives off future premiums. At the time of maturity ensure that the promised maturity amount is paid to the beneficiaries.
The uniqueness of this plan lies in the bouquet of features it offers like guaranteed benefits Choice of four plan options as per need, the option to receive benefits as Lumpsum or as Income, enhanced protection through the family Income Builder Option & Dream Builder Option, and Tax benefits as per prevailing income tax laws.
23, Nov 2023
KreditBee expands its senior leadership team with the appointment of Satish Kumar Dwibhashi as CISO
Bengaluru, November 23, 2023: KreditBee, India’s leading online credit solution provider, expands its senior leadership team with the appointment of Satish Kumar Dwibhashi as its Chief Information Security Officer (CISO), to further strengthen the information, data, cyber technology and security systems.
In his new role as CISO at KreditBee, Satish is responsible for establishing a strong Information Security system in line with the regulatory requirements, System Certifications, Audits, and design, Developing Security Policies, Standards and Procedures, Systems and Network Security technologies, IT Infrastructure, Application Security, Data Security & Privacy.
Satish is a cybersecurity evangelist and comes with over 30+ years of experience in Information Technology and Information Security, having previously worked as a Senior Vice President & CISO at InMobi Group and at Wibmo (a PayU company). He has also worked with IBM Global Business Services, leading the IT, Risk Management, and Compliance functions. Satish was also actively involved in the ISACA Bangalore Chapter as the organization’s President and is an Accredited Trainer for CISA, CISM, CRISC & CGEIT.
Madhusudan E, CEO and Co-founder, of KreditBee said, “We are delighted to welcome Satish to our team. His versatile expertise in information and cyber security will be instrumental in expanding our digital financial services platform. In today’s digital age, safeguarding our customers’ data and ensuring a strong digital infrastructure is paramount, especially for financial institutions, and under Satish’s experience, we will continue to achieve this for our customers.”
“I am happy to join KreditBee during its current phase of growth. Given the company’s strong foothold in the market as a trustworthy digital lender, our goal is to maintain uncompromised safety for our customers and bolster KreditBee’s stance as a preferred digital lender”, says Satish Kumar Dwibhashi.
KreditBee currently offers multiple types of personal loans, online/offline checkout finance, and digital gold investments. Apart from digital lending, KreditBee has forayed into digitally-enabled secured loans and loans against property. The brand also offers financial services such as insurance, credit score report, and merchant-side offers.
