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Krishna

Krishna Kumar  |383 Answers  |Ask -

Workplace Expert - Answered on Jun 06, 2024

Krishna Kumar is the founder and CEO of GoMoTech, a company that provides strategic consulting in B2B sales, performance management and digital transformation.
Before branching out on his own, he worked with companies like Microsoft, Rediff, Flipkart and InMobi.
With over 25 years of experience under his belt, KK is a regular speaker at industry events and academic intuitions, both in India as well as abroad.
KK completed his MBA in marketing from the Sri Sathya Sai Institute of Higher Learning in Andhra Pradesh and his management development programme from XLRI, Jamshedpur.
He has also completed his LLB from Nagpur University and diploma in PR from Bhavan’s College of Management, Nagpur, where he was awarded a gold medal.... more
Asked by Anonymous - May 31, 2024Hindi
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Career

I have completed my Btech in electrical engineering but i am jobless Because of COVID-19 no placement in college After I was start preparations for govt jobs like gate and ese but now nothing achieve What I have to do suggest me

Ans: Hello

I can understand your situation, its tough.

Suggest you keep applying to companies directly and through online job portals, please reach out to people in your network - friends and family.

All the best.
Career

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Nayagam P

Nayagam P P  |3956 Answers  |Ask -

Career Counsellor - Answered on May 30, 2024

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Sir i am graduated in 2020 batch of b.tech in ELECTRICAL and Electronics Engineering, due to covid didn't got job and started government job preparation. Is there any chance and somehow any way to getting job in it or core sector?
Ans: Brajesh,

As over 4-years have passed and you have been preparing for Government jobs, here are 2-solutions for you as of now:

1) SOLUTION-1: Continue preparing for Government Jobs but you have to change the strategies in preparing for Govt. Jobs’ Competitive Exams.
2) SOLUTION-2: As you completed your Graduation in 2020 and have not got a job till now, it is suggested to join some Software Certification Courses offline (or any other domain you are interested in) with any reputed Institute that provides a JOB GUARANTEE after you complete your course. However, please note, initially you won’t get much salary, but gradually after gaining practical experience & by upgrading your skills, you will get good job with a decent salary package.
3) Have a Professional LinkedIn Profile and connect with Professionals. DON’T ask for jobs after you get connected with them. If your profile matches with their JD, they will be in touch with you.
4) Put Job Alerts on LinkedIn for the domains, you are interested in. Know the job market expectations and upgrade your skills accordingly.

Hope the above information helps you.

If you need any other clarifications or have questions for anyone, post your questions (in detail) to me and/or follow me for more useful information on ‘Careers / Education / Jobs’.

With Best Wishes from RediffGURU, Mr. Brajesh

Nayagam PP
EduJob360
https://www.linkedin.com/in/edujob360/

..Read more

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Milind

Milind Vadjikar  |741 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Dec 03, 2024

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What happens when a Mutual Fund company shuts down / gets sold off?
Ans: Hello;

If a mutual fund company gets sold or fails, the process is prescribed by SEBI:

In case MF company is Sold,
The new fund house may:
1. Continue the scheme with a new name and management.

2. Merge the scheme with similar funds and offer investors the option to exit without any exit load.

In case MF company shuts down,
The fund house will:
1. Pay out investors based on the fund's last recorded Net Asset Value (NAV) and the number of units the investor holds, after deducting expenses.

2. If the company is not in a position to do so then SEBI may liquidate the funds assets and distribute the proceeds to unit holders.

It is also pertinent to note that mutual fund regulation in India is one of the most stringent and hence best, from investor's point of view, globally.

This is not just in theory. We have seen how the Franklin Templeton abrupt closure of debt funds was handled with surgical precision, by SEBI, with no loss to unitholders.


Skin in the game regulation mandates that 20% salary of key mutual fund personnel and fund managers is paid in terms of units of their funds with a 3 year lock-in.

The stocks and bonds purchased by the AMC for the fund are held by a custodian, appointed by the trust that administers the fund.

The trust engages into a investment management agreement with the AMC for managing the fund as per their mandate and within regulatory guidelines.

Registrar and Transfer Agents handle the investor registration,kyc, maintaining records, providing account and tax statements etc.

Happy Investing;
X: @mars_invest

...Read more

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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