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upGrad filling up senior leadership roles amid COVID-19, plans to double employee base

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The company made 4 additions in senior leadership roles – CEO – India, President -Technology, President – Products, and Vice President – Business

22nd July 2020: While most companies have gone on a hiring freeze or rationalizing their human resources, growing sectors like edtech are on a hiring spree. upGrad, India’s largest online higher education company in its most recent development onboarded Rohit Dhar as the new President – Products, this July. Rohit, who had co-founded Brainybatch Internet, India’s first lending platform focused on making education affordable by providing short-term, has over 13 years of experience in managing products for leading companies like OLX, Flipkart, e-Bay, PayPal, and StubHub. He will be leading the entire Product, Data Science, Analytics, and Design teams at upGrad.

Prior to him, the company onboarded Puneet Tanwar as President – Technology who will be leading the Technology vertical at upGrad. Puneet has accumulated over 20 years of experience in software development and joins upGrad from 1E, a UK-based software product company where he was Head of Engineering, India. Prior to this, he has held leadership positions in Engineering in firms such as Diebold Nixdorf, Microsoft and Electronic Arts.

In June upGrad also appointed Deepak H. Singhka, who started his career at Mahindra & Mahindra and went on to work at BYJU’S. There, he was responsible for initiating the ‘Field Sales’ across multiple cities in India, along with ‘Inside Sales’ in the Bengaluru office. His notable contribution includes helping the edtech set up their e-commerce channel with Amazon and Flipkart. As the Vice President – Business, Deepak will help steer the entire business towards growth and manage as well as improve upon success rate for working professionals, the college, and the academy business.

Talking about the recent hiring’s, Mayank Kumar, Co-Founder & MD, upGrad said “COVID-19 is an opportune time for the edtech sector and our strategy is to make the most of the opportunity and double-up our workforce. Leadership hiring plays an integral role in this, it is the right time to invest in senior talent which will help us to get ready for the new normal of workplace and learner dynamics. With our newly assembled team, we look forward to creating an impactful talent pool within the organisation that will help us drive new businesses and provide learners with the best edtech products.”

On April 1st, upGrad had onboarded their CEO – India, Arjun Mohan, who was erstwhile serving as the Chief Business Officer (CBO) at BYJU’S. The company is geared towards doubling up its workforce to 2000 by the end of this fiscal. The hiring will happen across all spectrum between fresher’s as well as lateral hiring. On the employee front, upGrad has announced salary reversal on the first day of this quarter owing to the positive business growth in past months and have declared work from home until the end of this year, in order to end the growing apprehensions amidst its workforce.

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JGU Announces Academic Scholarships and Research Fellowships for 2020 Graduates

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Unique Support Programme to Aid 200 Students amidst Covid 19 Disruption on Jobs and Careers

Wednesday, 22July, 2020: O.P. Jindal Global University (JGU) announces 200 Research Scholarships for Undergraduates and Fellowships for Master’s and Ph.D. Graduates of 2020. This is an unprecedented and extraordinary initiative taken by the University to secure the future and alleviate the anxiety of its students where careers have been adversely affected by Covid 19. In all 200 JGU students graduating in 2020 will benefit from the programme.

 The Teaching & Research for Intellectual Pursuit (TRIP) Fellowship programme will support 100 high quality academic careers for (Master’s and Ph.D.) students amidst Covid 19 related impact on jobs and careers. Under the career support plan,100 JGU graduates (Master’s and Ph.D.) of its 2020 batch will receive generous Fellowships from the University.

JGU has also announced 100 GRIP Scholarships (Graduate Research Immersion Programme) for all the graduating students of JGU with a view to focussing on research and institutional mentorship for young and aspiring researchers. The six-month GRIP Scholarship will provide financial support along with accommodation and other benefits and privileges.

“Amidst the ongoing global crisis caused by the COVID-19 pandemic, we are cognisant of the predicament that the graduates of universities in India and around the world are facing,” said, Professor (Dr.) C. Raj Kumar, Founding Vice Chancellor of O.P. Jindal Global University. “We believe that JGU must help and support our students, especially during these extraordinarily difficult times.

The decision of JGU to offer 200 Scholarships and Fellowships to the 2020 graduates of JGU is a landmark initiative in higher education that will invest in the future of young and aspiring academics and research scholars. The Fellowships (for Masters and PhD. Students) and the Scholarships (for Undergraduates) are part of an effort to help the graduating batch of 2020 find meaningful ways to be engaged in research with a view to empower the development of next general academics, researchers and teachers. This will help the students in their overall career progression by providing them pathways in the pursuit of academic careers,” Professor Kumarsaid.

 The 100 Teaching & Research for Intellectual Pursuit Fellowships offers students with the opportunity to gain holistic academic experience in a two-year fellowship programme to develop their academic & research capabilities, intellectual competencies, teaching skills with a pedagogical understanding of the learning ecosystem. The TRIP Fellowships will financially support the 2020 graduates of JGU from the Master’s and Ph.D. programmes to develop pathways to a career in academics that will also help overcome the uncertainties in the career trajectories of students caused by the coronavirus pandemic. The TRIP Fellowships will support the academic and research inclined graduates of JGU to further sharpen their research skills and produce journal articles and publications of international standards working with the leading scholars and researchers of JGU. It would also further the agenda of producing high quality academics and researchers for Indian and global higher education institutions in law, management, social sciences and humanities.

The six-month GRIP Scholarships Initiative addresses the challenges faced by our graduating students, enabling them to navigate the ongoing crisis caused by the Covid-19 pandemic. The ensuing lockdown and lack of opportunities or clarity to pursue learning or career streams has created uncertainty for many students. The objective of this programme is to support graduating students in their overall career progression and transition into their higher education or professional careers. The programme will provide unique and wide-ranging opportunities for GRIP Scholars to interact with industry experts, practitioners, lawyers, judges, leading national and international academics and researchers, journalists, government officials, and institutional leaders who are regularly hosted at JGU as part of the University’s broad institutional agenda of advancing intellectual debates, discussions and collaboration across disciplinary areas and boundaries.

The TRIP Fellowship is a two-year programme, which will commence in October 2020. The TRIP Fellows & Academic Tutors will be selected through a competitive process from the Master’s students graduating in 2020 and from the Ph.D. students who have successfully completed their thesis defence. After the successful completion of responsibilities under the TRIP Fellowship, the TRIP Fellows & Academic Tutors would be considered for the position of Assistant Lecturer in JGU and could be a part of the JGU faculty.

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5 Points to Consider Before Purchasing a Second Health Insurance Plan

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Bengaluru, 22nd July 2020 : Buying a second health insurance plan is not a trivial task. You need to assess several things before buying an additional plan for a successful health insurance investment.

In this article, InsuranceDekho attempts to help potential insurer buyers choosing a second health insurance policy make an informed decision. Before going in for a second health insurance plan, do consider the existing conditions and future requirements. 

Some of these requirements are as follows:

·         Your age and family members to be covered

·         Number of family members to be covered under the plan

·         Current income

·         Entire family members’ medical record, past and current

·         Coverage available under the current policy

  1. Policy Coverage 

If your existing plan is falling short of delivering the promised offerings, then it’s time to look for another plan. Sometimes policies cannot meet a family’s medical needs due to some limitations, exclusions or capping features. You should ensure that the second policy acquires no sub-limits, co-payment clauses, or any other hidden limitations or exclusions. This will help avert any type of hurdle during hospitalization.

  1. Top-up Plans

Besides going for a second health insurance policy, you can buy a top-up plan. A top-up plan provides coverage beyond the sum insured in the insurer’s existing plan. It enhances health insurance features and benefits.

A top-up plan can be bought on an existing plan or as a basic policy. You can opt for such plans either from the current insurer or from any other insurer. If you possess an insurance cover offered by your firm, you can pick a top-up policy on the same and can enhance his saving.

So, consider going in for a top-up plan before buying a new health insurance policy.

  1. Critical Illness Riders

A critical illness rider is an optional add-on feature. It enables policyholders to avail a lump sum (Sum Assured) amount in case he/she is diagnosed with critical illnesses mentioned in the policy wording. Thus, it can protect you and your family from any financial crunch that may arise due to some unforeseen critical illnesses.

The best thing is that a critical illness rider is available at a lower premium rate than the premium paid for second health insurance. You can buy it to compliment his existing health insurance. It can protect you and your family from any financial crunch that may arise due to some unforeseen critical illnesses.

So, it is advisable to opt for a critical illness rider instead of going for another policy in certain cases.

  1. Look for portability feature

The portability feature is an option to change health insurance policy from one insurance company to another without losing benefits the insurer has accumulated.

If planning on buying a second health insurance policy just because the services are unsatisfactory, it is advisable to change the insurer. This way you will not lose the benefits of the existing policy.

While availing the portability option, you should opt for a higher sum insured (higher than the sum insured of the current insurer) with extra offerings and benefits such as critical illness cover. So, portability can be an ideal option to upgrade your existing plan and avail more coverage benefits and better service than before. 

  1. Lifelong Renewability

If you have a health insurance policy, which allows the renewability option up to a certain age only, then you must opt for a new plan with lifetime renewability feature. This is beneficial because once you reach the age beyond which you can’t renew your policy, a plan with the lifetime renewability allows you to renew your policy lifetime i.e. without any age restriction.

So, even if you forget to renew your plan before the due date, the grace period (the policy will be renewable provided you pay the premium within 15 days after the expiry date) can give you a chance to renew your plan post the due date without losing its benefits.

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XLRIs two campuses all set to commence new academic session from August 2020 with the commitment of nurturing responsible business leaders

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XLRIs strategic intent to expand across North, West and Southern India is progressively coming into reality through the launch of XLRI I Delhi-NCR campus in the first phase.

Now, XLRI is One Institutional brand, having two campuses with one Common XAT Admission test, Pedagogy, and Placement process in place.

July 22, 2020, Jamshedpur / New Delhi: XLRI Xavier School of Management, Jamshedpur, and the new extension campus – XLRI I Delhi-NCR are both set to commence the new academic session from August 2020.

With this strategic expansion to the national capital, XLRI looks forward to inspiring dynamic and purpose-driven professionals to leap forward and become responsible business leaders shaping a sustainable future.

The Jamshedpur and Delhi campuses are two entities of XLRI One Institutional Brand that will be overseen by a common Board of Governors. The standard XAT admission process would integrate the students of both the campuses, besides having in place a common curriculum, syllabus, pedagogy, e-library facilities, and, most importantly, a joint Placement process for Summer Internship and Final Placements.

Commenting on the establishment of the new campus, Fr. P. Christie S.J., Director, XLRI- Xavier School of Management, Jamshedpur, said, With the launch of the new XLRI campus in Delhi-NCR, the XLRI family just got extended. Our extension campus at Delhi-NCR is envisioned as an integral part of the Jamshedpur campus and not as standalone campuses like other management institutes. These complementing satellite campuses and the student community therein would get the same opportunities and privileges as the Jamshedpur campus. Moreover, they would be bound together by a symbiotic culture and a synergized relationship. Though physically apart, the satellite campuses are and will be one entity and an intrinsic part of the XLRI family striving for the greater common good of the society at large.

Fr. George Sebastian, S.J, Director of XLRI I Delhi-NCR Campus, added, We are determined to provide all our students the same high-quality management education and the same set of training. Besides, we would put in place the same summer internship and final placement opportunities. We have full faith in our esteemed members of the faculty serving at the XLRI Jamshedpur campus to pass on the same XL culture and values to all the aspiring business leaders at the new campus at Delhi-NCR. Access, availability, and deployment of faculty from Jamshedpur and all the common resources available would essentially establish the pedagogy of XLRI in both the campuses.

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ಕೋವಿಡ್-19 ತೀವ್ರಗತಿಯಲ್ಲಿ ಏರಿಕೆ ಕಂಡಿರುವ ಹಿನ್ನೆಲೆಯಲ್ಲಿ “ಶ್ರೀ ಬಿ.ಎಸ್‌.ಯಡಿಯೂರಪ್ಪ ಅವರು ಬಿಬಿಎಂಪಿ ವಲಯವಾರು ಸಭೆ”

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ಬೆಂಗಳೂರು ಮಹಾನಗರದಲ್ಲಿ ಕೋವಿಡ್-19 ತೀವ್ರಗತಿಯಲ್ಲಿ ಏರಿಕೆ ಕಂಡಿರುವ ಹಿನ್ನೆಲೆಯಲ್ಲಿ ಅದನ್ನು ತಡೆಗಟ್ಟಲು ತೆಗೆದುಕೊಂಡ ಕ್ರಮಗಳ ಕುರಿತು ಮಾನ್ಯ ಮುಖ್ಯಮಂತ್ರಿ ಶ್ರೀ ಬಿ.ಎಸ್‌.ಯಡಿಯೂರಪ್ಪ ಅವರು ಬಿಬಿಎಂಪಿ ವಲಯವಾರು ಸಭೆ ಇಂದು ಸಂಜೆ ಗೃಹ ಕಚೇರಿ ಕೃಷ್ಣಾ ದಲ್ಲಿ ನಡೆಸಿದರು.

ಮಹದೇವಪುರ ವಲಯದ ಉಸ್ತುವಾರಿ ನೋಡಿಕೊಳ್ಳುತ್ತಿರುವ ನಗರಾಭಿವೃದ್ಧಿ ಸಚಿವರಾದ ಶ್ರೀ ಬಿ.ಎ.ಬಸವರಾಜ ಅವರು ತಮ್ಮ ವಲಯದಲ್ಲಿ ತೆಗೆದುಕೊಂಡಿರುವ ಕ್ರಮಗಳ ಬಗ್ಗೆ ಮಾಹಿತಿ ನೀಡಿದರು.

ಮುಖ್ಯ ಕಾರ್ಯದರ್ಶಿ ತ.ಮ ವಿಜಯಭಾಸ್ಕರ್, ವೈದ್ಯಕೀಯ ಶಿಕ್ಷಣ ಸಚಿವರಾದ ಡಾ.ಕೆ.ಸುಧಾಕರ್, ಶಾಸಕರಾದ ಎಂ.ಟಿ.ಬಿ.ನಾಗರಾಜ್, ಬಿಬಿಎಂಪಿ ಆಯುಕ್ತರಾದ ಎನ್.ಮಂಜುನಾಥ್ ಪ್ರಸಾದ್, ನೋಡಲ್ ಅಧಿಕಾರಿ ಎನ್.ಮಂಜಳ ಸೇರಿದಂತೆ ಹಲವು ಅಧಿಕಾರಿಗಳು ಉಪಸ್ಥಿತರಿದ್ದರು.

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