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Beware of job scam! Man loses ₹18 lakh in recent case; here are some safety tips

LivemintLivemint · 1y ago
Beware of job scam! Man loses ₹18 lakh in recent case; here are some safety tips
Medial

Online scams offering quick income through part-time work or tasks are enticing many, often via WhatsApp. A Mumbai resident lost around ₹18 lakh ($24,000) in such a scam after being promised easy money. The victim, initially enticed by fraudsters, transferred money to multiple accounts expecting returns but never received any. Navi Mumbai cyber police launched an investigation. To avoid such scams, people should exercise vigilance when dealing with suspicious emails or messages, avoid clicking on unfamiliar links, protect personal information, verify requests, and take swift action when suspicious of a scam. These precautions can help reduce the risk of falling victim to online fraud.

Groww expands lead over Zerodha with 12.59 Mn active users in October

EntrackrEntrackr · 8m ago
Groww expands lead over Zerodha with 12.59 Mn active users in October
Medial

Bengaluru-based stock broker Groww has surpassed the 1.25 crore (12.59 million) mark in active traders in October, driven by the addition of around 3.5 lakh users in a single month, according to data from the National Stock Exchange (NSE). Zerodha, Groww’s closest competitor, had approximately 80.6 lakh (8.06 million) active investors as of last month. Groww overtook Zerodha in October last year and has held the top position ever since. As per the NSE’s data, Groww has nearly doubled its user base over the past year, whereas Zerodha added just 15 lakh new users. Angel One, the third-largest stockbroker, has 75 lakh (7.53 million) active users and may surpass Zerodha in the coming months. Upstox ranked fourth, had 28.52 lakh (2.85 million) users as of last month. ICICI Direct is the fifth largest player in this space with 19.3 lakh active users (1.93 million). Dhan, launched by former Paytm Money executive Pravin Jadhav, had 8.49 lakh (0.84 million) users as of October. Dhan entered the top 10 list of stockbroking apps in India in August this year, replacing Paytm Money. INDmoney and PhonePe's Share.Market are the new entrants in the top 20 list with 6.7 lakh (0.67 million) and 2.69 lakh (0.26 million) respectively. In terms of scale, Zerodha had the highest revenue in FY24 at Rs 8,370 crore, followed by Angel One, which reported Rs 4,272 crore in revenue for the last fiscal year. Nithin Kamath’s Zerodha reported a profit of Rs 2,907 crore, while Angel One’s profits exceeded Rs 1,125 crore in FY24. Groww’s revenue from operations surged to Rs 3,145 crore in FY24. The Lalit Keshre-led company recorded a net loss of Rs 805 crore in FY24, primarily due to a one-time tax payment of Rs 1,340 crore for relocating its domicile to India. Despite this, the firm remained operationally profitable. Upstox, which posted over Rs 1,000 crore in revenue in FY23, has yet to file its annual report for FY24.

Apna AI Job Prep records 39 lakh minutes across 7.6 lakh interview simulations

EntrackrEntrackr · 27d ago
Apna AI Job Prep records 39 lakh minutes across 7.6 lakh interview simulations
Medial

Apna AI Job Prep records 39 lakh minutes across 7.6 lakh interview simulations Apna.co, India’s leading jobs platform for job seekers, has rolled out AI Job Prep, an AI-powered interview preparation tool that aims to address the persistent confidence and readiness gap among job seekers. According to the company’s press release, the platform has already recorded 39 lakh minutes of usage across 7.6 lakh simulated interviews since its launch. Apna’s newly launched AI Job Prep tool personalizes mock interviews based on individual resumes, delivering instant feedback, performance insights, and targeted improvement suggestions. The company claims that the tool caters to over 25,000 job roles and leverages real interview data from more than 3,000 companies, including the likes of Google, Tesla, Swiggy, Microsoft, Jio, and Flipkart. The initial adoption has been strongest in metro cities such as Delhi, Mumbai, and Bengaluru, while tier I and II cities, including Jaipur, Patna, and Lucknow, are gaining momentum. Gen Z users (aged 18–24) accounted for the largest share of usage at 58%, followed by millennials. Nirmit Parikh, Founder & CEO of Apna, said the tool is designed to turn “nerve-racking interviews into intelligent rehearsals.” “AI job prep is our answer to the confidence gap that quietly stalls millions of careers,” he added. At the same time, COO Karna Chokshi highlighted "AI Job Prep delivers personalised, company and role-specific mock interviews at scale, supporting English, Hindi, and Hinglish, to ensure every candidate from metro professionals to Tier-3 freshers, receives an adaptive and realistic interview experience." Founded in 2019, Apna.co is India’s leading jobs platform, connecting over 6 crore users across 900+ cities with opportunities in 200+ job categories. Covering 40% of India's pincodes, it also offers professional networking and skilling, and is trusted by over 7 lakh employers.

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