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Maxim

Maxim Emmanuel  |256 Answers  |Ask -

Soft Skills Trainer - Answered on May 26, 2024

Maxim Emmanuel is the marketing director of Maxwill Zeus Expositions.
An alumnus of the Xavier Institute of Management and Research, Mumbai, Maxim has over 30 years of experience in training young professionals and corporate organisations on how to improve soft skills and build interpersonal relationships through effective communication.
He also works with students and job aspirants offering career guidance, preparing them for job interviews and group discussions and teaching them how to make effective presentations.... more
Asked by Anonymous - May 24, 2024Hindi
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Career

Hi Sir / Madam . I am qualified in Masters in Personnel management from Pune University. Working in a large corporate since 24 years in HR field. However after few years i want to enter academics or faculty field in reputed universities or colleges which was my dream for very long. Seek your advice what further qualifications or applicatiins should i persue for the same?

Ans: I have read through your query and understand that you have vast corporate HR experience of around 24 yrs.

I see you want to switch to become a faculty. It's a process change to education and is driven by Curriculum of various universities .
There's a world of change since you passed out.. Request you to understand the current requirements of being a HR faculty:

Assistant Professor: Candidates applying for this position must demonstrate capability for carrying out high quality research and should have completed or be at the final stages of completing their PhD.

Associate Professor: Candidates applying for this position should have a credible track record of research and teaching..

Professor: Candidates applying for this position are expected to provide academic leadership in addition to the above capabilities.

All candidates are expected to contribute to the Institute's Postgraduate, Doctoral, and Executive Programmes.

The above is indicative and request to do your research before you plunge into unknown territory!
Career

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Abhishek

Abhishek Shah  |76 Answers  |Ask -

HR Expert - Answered on Aug 03, 2023

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Career
Hello Sir, I presently have over 14 years experience in Higher Education Academics and Administration in Indian context i.e. Assistant Professor Administrative Officer, Assistant Registrar and Deputy Registrar . Want to explore opportunities aboard like Gulf countries, Canada etc. Can you suggest how to start the process of job hunting. Thank you in advance.
Ans: Hi Shaikh,

It's great to hear about your extensive experience in Higher Education Academics and Administration in the Indian context. Exploring opportunities abroad, particularly in Gulf countries and Canada, can be an exciting prospect. As an expert, I can offer some guidance on how to initiate the process of job hunting in these regions.

Research and Identify Opportunities: Begin by researching the job market and academic institutions in the Gulf countries and Canada. Look for universities, colleges, or educational organizations that match your expertise and qualifications.

Update your Resume/CV: Tailor your resume to highlight your relevant experience, skills, and achievements. Emphasize your academic qualifications, administrative capabilities, and any research or publications, if applicable.

Networking: Networking is crucial in any job search. Reach out to your professional contacts, colleagues, or alumni who may have connections or knowledge about opportunities in your desired locations. LinkedIn can be a valuable platform for networking.

Explore Online Job Portals: Many international academic institutions and universities post their job openings on reputable online job portals. Look for websites specific to the education sector and use general job portals as well.

Engage with Recruitment Agencies: Some Gulf countries have specific recruitment agencies that specialize in placing professionals in the education sector. Connect with them to explore potential job opportunities.

Research Visa and Work Regulations: Before applying for jobs, familiarize yourself with the visa and work regulations of the countries you are interested in. Each country may have specific requirements for foreign workers.

Prepare for Interviews: If you receive interview invitations, thoroughly research the institutions and the specific roles you're applying for. Prepare for the interviews by highlighting your experience and showcasing your expertise.

Be Patient and Persistent: The job hunting process may take some time, so be patient and persistent in your efforts. Keep applying for suitable positions and follow up on applications when necessary.

Seek Professional Guidance: If needed, consider seeking assistance from career counselors or consultants who specialize in international job placements.

Remember, the job hunting process can be competitive, but your extensive experience and background in Higher Education Academics and Administration will undoubtedly be valuable in your pursuit of opportunities abroad. Best of luck in your job search, and I hope you find the perfect opportunity to further your career and enrich your experience.

Regards,
Abhishek Shah

..Read more

R P

R P Yadav  |304 Answers  |Ask -

HR, Workspace Expert - Answered on Jan 31, 2024

Asked by Anonymous - Jan 18, 2024Hindi
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Career
I am a student of last year bsc ..I like reading,learning and teaching and doing something creative .. how can I become professor? Is it good for me ? Either go for competitive exam or start up ? I am totally confused about my career after failure in Neet UG... so please suggest me right direction
Ans: It’s great to hear that you enjoy reading, learning, and teaching. Becoming a professor can be a rewarding career path for those who are passionate about education and research. Here are some steps you can take to become a professor:

Choose your specialization and earn a bachelor’s degree: Decide early on if you want to become a professor in the arts, commerce or science stream and pass your 12th Higher Secondary Certification exam with at least 80-90% aggregate marks. This may help you enroll in a bachelor’s degree program of your choice. It is essential to maintain a high academic record and complete your graduation well above the minimum requirement of 50-55% aggregate marks.

Pursue a master’s degree: Take the GATE exam, enroll in a master’s degree program of your choice and complete it with more than the minimum requirement of 50-55% aggregate marks. By clearing the master’s degree program with a good score, you may be eligible to work as a lecturer or a demonstrator. The work experience is likely to help you advance in your career.

Pass competitive exams: After getting a master’s degree, you can appear for and pass the NET, the SET or the CSIR NET competitive exams. The NET makes you eligible for assistant professor jobs in every college and university throughout the country, but the SET only gives you eligibility for assistant professor jobs within the state you cleared the exam. By taking the CSIR NET, you may be selected for a lecturer position or get a junior research fellowship.

Obtain a doctoral degree: Enroll in a doctoral degree program. Having a doctoral degree can exempt you from appearing for the competitive exams, and you can directly apply for a college professor position.

Gain practical experience: Consider specializing in a specific field to receive a practicing license in order to gain practical experience.

It’s important to note that becoming a professor requires a lot of hard work, dedication, and perseverance. It’s a good idea to speak with professors in your field of interest to learn more about the profession and what it entails. You can also explore internships, research opportunities, and other programs to gain practical experience and build your resume.

As for whether becoming a professor is good for you, that’s a decision you’ll have to make based on your interests, skills, and career goals. It’s important to choose a career path that aligns with your values and passions. If you’re still unsure about your career path, consider speaking with a career counselor or mentor who can help guide you in the right direction.

I hope this information helps you make an informed decision about your career path. Best of luck to you!

..Read more

Chocko

Chocko Valliappa  |293 Answers  |Ask -

Tech Entrepreneur, Educationist - Answered on Jun 06, 2024

Asked by Anonymous - May 26, 2024Hindi
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Sushil

Sushil Sukhwani  |424 Answers  |Ask -

Study Abroad Expert - Answered on Jun 26, 2024

Asked by Anonymous - Jun 23, 2024Hindi
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I am 22 years old and graduated from cllg in 2023 and currently working. I want to pursue MS in CSE which country could be the best option in the current situation
Ans: Hello,

To begin with, thank you for contacting us. To answer your question first, I would like to let you know that a number of variables including the cost, educational quality, possibilities for research, and employment prospects post-graduation, play a key role in selecting the best nation for pursuing an MS in Computer Science and Engineering (CSE).

As of 2024, the United States continues to be a popular choice owing to its renowned universities, vast research facilities, and robust labor market in technology hotspots viz., Silicon Valley. I would like to tell you that nations viz., Canada and Germany are also great choices offering advantageous immigration laws, and top-notch instruction with relatively cheaper tuition fees. You would be glad to know that public universities in Germany frequently charge cheap or no tuition fees, whereas Canada is renowned for its welcoming attitude towards overseas students and potential routes to permanent residency. Each choice has distinct advantages, thus, when making your decision, I would suggest that you take into account your financial condition, personal choices, and professional objectives.

You can also get in touch with us and our team of expert counselors will provide information on MS programs in CSE in several other countries like the UK, Australia, Germany, among many others.

For more information, you can visit our website: www.edwiseinternational.com

You can also follow us on our Instagram page: edwiseint

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Sushil

Sushil Sukhwani  |424 Answers  |Ask -

Study Abroad Expert - Answered on Jun 26, 2024

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Sir my son is CSE graduate and having one year exp.need to study MS in foreign countries,can you pl suggest which country is best and economical,
Ans: Hello Annamalai,

First and foremost, thank you for getting in touch with us. To answer your question first, I would like to tell you that Germany is a great option for a Computer Science Engineering (CSE) graduate looking for an affordable yet top-notch MS program overseas. Outstanding education in computer science and engineering with cheap or no tuition fees is offered by universities in Germany, particularly public universities. Moreover, Germany boasts a strong technology sector and a dynamic labor market which can offer excellent job opportunities following graduation.

Canada, renowned for its first-rate education and comparatively economical tuition in comparison to the United States, is another feasible choice. Universities in Canada offer robust computer science programs and the nation’s friendly immigration laws may make it simpler for graduates to remain and find employment post the completion of their education. I would like to let you know that excellent value for money as well as opportunities for professional growth in the technology sector are offered by both the nations.

You can also get in touch with us and our team of expert counselors will provide information on MS programs in several other countries like the USA, the UK, Australia, among many others.

For more information, you can visit our website: www.edwiseinternational.com

You can also follow us on our Instagram page: edwiseint

...Read more

Ramalingam

Ramalingam Kalirajan  |4058 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jun 26, 2024

Money
Hello sir, I have invested 48.49k in mirae asset NYSE FANG + ETF fund and currently it is 72.13k, as this mutual fund is stopped for further investing, should i stay invest or do SWP and utilise this fund somewhere else. I already have parag pariek flexi fund (345k), quant infrastructure fund (66k) , zerodha nifty large mid 250 index (76k) (recently started), kotak equity oppertunities(58k) & axis small cap (53k)
Ans: First of all, congratulations on your investment journey. You've done an excellent job in building a diverse portfolio. It's impressive to see how your investments have grown over time. Now, let's evaluate the current scenario and decide the best way forward.

Current Portfolio Overview
Your investment portfolio includes various funds:

A significant investment in a technology-focused fund, which has shown substantial growth.

Holdings in a flexi-cap fund, infrastructure fund, large-mid cap index, equity opportunities fund, and small cap fund.

This diversification is a positive sign. It shows you are spreading your risk across different sectors and types of funds.

Analyzing the Technology-Focused Fund
The technology-focused fund you mentioned has performed exceptionally well. From Rs 48.49k to Rs 72.13k, that's an impressive increase. This fund’s closure to new investments often indicates that it has reached a substantial size or the fund house wants to manage it efficiently.

Given its closure, let's consider your options.

Pros of Staying Invested:

Potential for Continued Growth: Technology stocks, especially the leading ones, have shown resilience and growth potential.

No Immediate Need for Action: If you believe in the long-term potential of the technology sector, staying invested might be wise.

Cons of Staying Invested:

Market Volatility: Technology stocks can be volatile. Recent trends show fluctuations, which might affect returns.

Concentration Risk: A large portion of your growth is tied to this sector. Diversification might be safer.

Pros of Systematic Withdrawal Plan (SWP):

Regular Income: SWP can provide a steady income stream. Useful if you need liquidity.

Rebalancing Opportunity: You can reinvest in other sectors or funds to balance your portfolio.

Cons of Systematic Withdrawal Plan (SWP):

Missing Out on Growth: If the technology sector continues to grow, you might miss out on future gains.

Tax Implications: SWP might have tax consequences depending on your holding period.

Assessing Your Other Funds
Now, let’s look at your other investments.

Flexi Cap Fund:

Pros: These funds invest across market caps, providing flexibility and diversification. Your substantial investment here shows confidence in this strategy.

Cons: Returns can vary depending on market conditions. It's essential to monitor the fund’s performance regularly.

Infrastructure Fund:

Pros: Infrastructure development in India offers growth potential. This sector is crucial for economic development.

Cons: These funds can be cyclical. They might underperform during economic downturns or policy changes.

Large-Mid Cap Index Fund:

Pros: Index funds offer broad market exposure and lower expense ratios.

Cons: They mimic the index performance, lacking the potential for outperformance that actively managed funds might offer. Your investment here might limit growth potential compared to active funds.

Equity Opportunities Fund:

Pros: These funds can take advantage of market opportunities, offering potential for higher returns.

Cons: Higher risk due to active management. Performance depends on the fund manager's skill.

Small Cap Fund:

Pros: Potential for high returns. Small cap stocks can grow significantly over time.

Cons: Higher risk and volatility. Small cap stocks can be affected by market conditions more than large caps.

Direct vs Regular Funds
You mentioned investing through direct funds. Let’s discuss the disadvantages of direct funds and the benefits of regular funds through a Certified Financial Planner (CFP).

Disadvantages of Direct Funds:

Lack of Guidance: Direct funds require you to research and choose funds on your own. Without expert guidance, this can be risky.

Time-Consuming: Regular monitoring and rebalancing are necessary. It can be time-consuming and challenging without professional help.

Benefits of Regular Funds:

Professional Advice: Investing through a CFP ensures you get expert advice tailored to your financial goals.

Portfolio Management: CFPs can help in regularly monitoring and rebalancing your portfolio, ensuring it remains aligned with your objectives.

Strategic Recommendations
Based on the analysis, here are some strategic recommendations:

Rebalancing Your Portfolio:

Diversification: Consider diversifying away from technology to other sectors with growth potential. It will reduce concentration risk.

Risk Management: Rebalance your portfolio to align with your risk tolerance and investment goals.

Consider SWP for Liquidity:

Partial SWP: You might opt for a partial SWP from your technology-focused fund. It provides liquidity while keeping some exposure to potential growth.

Reinvestment Strategy: Use the SWP proceeds to invest in other funds or sectors, balancing your portfolio.

Monitoring and Regular Review:

Regular Check-Ups: Keep an eye on your investments. Regular reviews ensure your portfolio remains aligned with your goals.

Adjust as Needed: Be ready to adjust your investments based on market conditions and personal circumstances.

Final Insights
Your investment journey has been commendable. The growth in your technology-focused fund is impressive. However, it's essential to consider the risks and potential rewards of staying invested or opting for an SWP. Diversification and regular portfolio review are crucial for long-term success.

Consider the benefits of professional guidance through regular funds. It can provide the expertise and peace of mind necessary for achieving your financial goals. Rebalancing your portfolio and ensuring it aligns with your risk tolerance will help in navigating market fluctuations effectively.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |4058 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jun 26, 2024

Money
I want to invest Rs 5000 pm in MFs through SIP, kindly suggest the funds.
Ans: Investing in mutual funds through SIPs is a smart choice. You want to invest Rs 5000 monthly in mutual funds. Let's dive into the best options and strategies for you. This decision should align with your financial goals and risk tolerance.

Asset Allocation: The Foundation of Your Portfolio
Asset allocation is crucial. It determines how you spread your investments across different types of funds. This can be equity, debt, or hybrid funds. The right mix balances risk and returns.

Equity Funds: These invest in stocks. They have high potential returns but come with higher risks. They're great for long-term goals.

Debt Funds: These invest in bonds and fixed income securities. They offer stability and lower risk. Suitable for short to medium-term goals.

Hybrid Funds: These invest in both stocks and bonds. They balance growth and stability. Ideal for moderate risk tolerance.

Diversification: Spreading Your Risk
Diversification means spreading investments across different funds. This reduces risk and increases potential returns. It's like not putting all your eggs in one basket.

Multi-Cap Funds: Invest in companies of all sizes. They offer a balance of growth and stability.

Sector Funds: Focus on specific sectors like technology or healthcare. Higher risk but can offer higher returns.

International Funds: Invest in global markets. They add geographical diversification to your portfolio.

Evaluating Fund Performance
Assessing a fund's past performance helps predict future returns. However, remember that past performance is not a guarantee of future results.

Consistency: Look for funds with consistent performance over 5-10 years. Consistency indicates stability.

Fund Manager's Track Record: The fund manager's experience and success rate matter. A good manager can navigate market volatility.

Expense Ratio: Lower expense ratios mean higher returns for you. It's the cost of managing the fund.

Risk Assessment
Understanding your risk tolerance is vital. It depends on your financial goals, investment horizon, and personal comfort with market fluctuations.

High Risk, High Reward: Equity funds suit those comfortable with volatility. They offer potential for high returns.

Moderate Risk: Hybrid funds balance risk and reward. Suitable for moderate risk tolerance.

Low Risk: Debt funds offer stability and lower returns. Best for conservative investors.

Goal-Based Investing
Align your investments with your financial goals. Each goal may have a different time horizon and risk level.

Short-Term Goals: Debt funds are ideal for goals within 1-3 years. They provide stability and predictable returns.

Medium-Term Goals: Hybrid funds work well for goals within 3-5 years. They balance growth and stability.

Long-Term Goals: Equity funds are best for goals beyond 5 years. They have high growth potential.

Reviewing Fund Options
Let's look at some fund options based on your goals and risk tolerance.

Aggressive Growth: If you're looking for high growth, consider equity funds. They invest in high-performing sectors and companies.

Balanced Growth: For a balanced approach, hybrid funds are ideal. They provide growth with some stability.

Conservative Growth: If you prefer stability, debt funds are the way to go. They offer steady, low-risk returns.

Active Management vs Passive Management
Active management involves fund managers making investment decisions. Passive management tracks a market index.

Active Funds: Fund managers actively pick stocks. They aim to outperform the market. Higher potential returns but come with higher fees.

Passive Funds: Track a market index. Lower fees but generally offer market-average returns. Not ideal if you seek higher growth.

Regular vs Direct Funds
Understanding the difference between regular and direct funds is crucial.

Regular Funds: Invested through a certified financial planner. They provide professional advice and support. They have higher fees due to commissions.

Direct Funds: Invested directly without intermediaries. Lower fees but lack professional guidance. Suitable for experienced investors.

Benefits of SIPs
Systematic Investment Plans (SIPs) offer many advantages. They help in disciplined investing and managing market volatility.

Rupee Cost Averaging: SIPs buy more units when prices are low and fewer when prices are high. It averages out the cost of investments over time.

Discipline: Regular investments inculcate financial discipline. It ensures consistent saving and investing.

Flexibility: SIPs are flexible. You can increase or decrease your investment amount or stop it anytime.

Tax Efficiency
Mutual funds offer tax benefits which can enhance your returns.

Equity-Linked Savings Schemes (ELSS): Offer tax deductions under Section 80C. They have a lock-in period of 3 years.

Long-Term Capital Gains (LTCG): Gains on equity funds held for over a year are taxed at 10% above Rs 1 lakh.

Short-Term Capital Gains (STCG): Gains on equity funds held for less than a year are taxed at 15%.

Evaluating Fund Houses
Choosing the right fund house is as important as choosing the right fund.

Reputation: Opt for fund houses with a good track record and reputation. They are likely to manage your money well.

Transparency: Look for transparency in operations and communications. It's essential for trust and confidence.

Customer Service: Good customer service can make your investment journey smoother. It's an added advantage.

Monitoring Your Investments
Regularly reviewing and rebalancing your portfolio ensures it stays aligned with your goals.

Review: Check your investments at least annually. Assess performance and make necessary adjustments.

Rebalance: Adjust your portfolio to maintain the desired asset allocation. It helps manage risk and returns.

Stay Informed: Keep yourself updated with market trends and news. It helps in making informed decisions.

Your decision to invest in mutual funds through SIPs is commendable. It shows your commitment to growing your wealth. Understanding the various aspects of mutual funds can be overwhelming. But you’re doing great by seeking guidance.

Final Insights
Investing Rs 5000 monthly in mutual funds through SIPs is a wise choice. Diversify your investments, align them with your goals, and review regularly. This strategy will help you achieve financial stability and growth. Always consider your risk tolerance and investment horizon.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |4058 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jun 26, 2024

Asked by Anonymous - Jun 26, 2024Hindi
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Money
Sir, I am getting 85k, but no pension after retirement what my service is 10years After retirement what i can do
Ans: I understand you're earning Rs. 85,000 per month, but there's no pension plan after your 10-year service.

I appreciate your initiative to plan for your retirement now. It's wise to think ahead. Let's explore various options to secure your future.

Evaluating Your Monthly Income and Expenses
First, evaluate your current income and expenses.

Track your monthly spending and identify areas where you can save.

Saving more today means a more secure future.

Importance of Building an Emergency Fund
An emergency fund is crucial.

Aim to save at least six months' worth of living expenses.

This fund acts as a safety net during unexpected situations.

Exploring Various Investment Options
Investing is key to growing your wealth.

Consider options like mutual funds, fixed deposits, and public provident funds.

Choose options that match your risk tolerance and financial goals.

Benefits of Mutual Funds
Mutual funds are managed by professionals.

They offer diversification and have the potential for higher returns.

Invest through a Certified Financial Planner (CFP) to get the best advice.

Regular Funds vs Direct Funds
Direct funds might seem cost-effective but can be tricky to manage.

Regular funds, managed by an advisor, offer expert guidance.

CFPs can help you choose the best funds for your goals.

Building a Retirement Corpus
Start building your retirement corpus early.

Invest regularly in a mix of equity and debt funds.

This mix provides growth potential and stability.

Diversification for Risk Management
Diversify your investments to manage risk.

Don't put all your money in one type of investment.

A mix of different assets reduces risk and increases potential returns.

Importance of Health Insurance
Health insurance is crucial.

It protects you from high medical costs.

Choose a comprehensive plan that covers major illnesses and hospitalisation.

Long-term Wealth Creation
Focus on long-term wealth creation.

Avoid short-term speculative investments.

Stay invested for the long term to benefit from compounding.

Role of Systematic Investment Plans (SIPs)
SIPs in mutual funds are a good way to invest regularly.

They average out market volatility and instill discipline.

Start SIPs early for better growth.

Planning for Inflation
Inflation reduces the value of money over time.

Invest in instruments that provide inflation-beating returns.

Equities and equity mutual funds are good options.

Benefits of Professional Financial Advice
A CFP can provide valuable advice.

They help in creating a personalised financial plan.

Professional advice can lead to better investment decisions.

Managing Debt
Avoid unnecessary debt.

If you have loans, try to pay them off early.

High-interest debt can eat into your savings.

Creating a Will
Creating a will is important.

It ensures your assets are distributed according to your wishes.

Seek legal advice to draft a proper will.

Regular Review of Financial Plan
Review your financial plan regularly.

Adjust your investments based on changing goals and market conditions.

Regular reviews ensure your plan stays on track.

Importance of Retirement Planning
Retirement planning is crucial for a comfortable future.

Start early and invest regularly.

A well-planned retirement ensures financial independence.

Exploring Post-Retirement Income Options
Consider part-time work or consulting post-retirement.

It keeps you active and provides additional income.

Explore options that match your skills and interests.

Tax Planning
Effective tax planning can save you money.

Invest in tax-saving instruments.

A CFP can help you with tax-efficient investment strategies.

Final Insights
Planning for retirement is a continuous process.

Start early, invest wisely, and seek professional advice.

Your future self will thank you for the efforts you put in today.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...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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