MAM
Avanse Financial Services introduces a special offer for female students on this Women’s Day
MUMBAI: Avanse Financial Services, a new age, education-focused NBFC, announced a special offer on education loans for female students to celebrate International Women’s Day. As a part of this offer, female students can avail an education loan for 12.99% interest rate. They will also be eligible for a 5% cashback on the tuition fee post successfully completing the course. This offer is applicable on any Under-Graduation or Post-Graduation program in India as well as abroad. This offer is valid from 8th March – 31st March, 2020.
Avanse is dedicated towards providing a robust platform to help students achieve their ambitions and strengthen the overall education ecosystem. This Women’s Day offer has been designed to encourage more female students to pursue their dreams. Avanse, as a student-centric organization, celebrates this day by being the enabler for women to fulfil their aspirations and to create a difference in their lives.
Commenting on this initiative Mr. Amit Gainda, CEO, Avanse Financial Services said, “To celebrate Women’s day at Avanse and to salute the power of womanhood, we have designed this special offer exclusively for female students so that they can aspire without boundaries. In line with our mission of making education affordable and accessible for all deserving students, this new scheme includes an attractive interest rate and a unique cashback offer.”
This offer has been curated to support female education aspirants who are keen to further their interest in chosen fields and universities in a hassle free manner anywhere in India and abroad. He added, “We strongly believe that educating women results into empowered families, stronger societies, a knowledgeable economy and ultimately, a prosperous nation. As we aim to constantly enhance the overall education ecosystem in India with affordable solutions, this offer has been launched with the motive of empowering female students to pursue higher education.”
Avanse is focused on strengthening its leadership position in education lending by creating customized solutions for individuals and offering equal opportunities to all deserving students. With solutions for every segment of the Indian education sector, Avanse also contributes towards building adequate and advance education infrastructure in the country.
Brands
Apple CEO Tim Cook to step down after 15 years, John Ternus to take over
Leadership shake-up sees long-time hardware chief step up from September
CUPERTINO: Apple has confirmed that chief executive officer Tim Cook will step down from his role and transition to executive chairman, with senior vice president of hardware engineering John Ternus set to take over as CEO from September 1, 2026.
The transition, approved unanimously by the board, marks a carefully planned leadership shift at one of the world’s most valuable companies. Cook will remain CEO through the summer, working closely with Ternus to ensure a smooth handover before moving into his new role, where he will continue to support Apple and engage with policymakers globally.
In a memo to employees, Apple CEO Tim Cook reflected on his 15-year tenure, recalling the moment Steve Jobs asked him to step into the role. “It was an emotional and challenging moment for all of us at Apple,” he wrote, adding that the company’s core values, from simplicity and innovation to a commitment to improving lives, remain unchanged.
Explaining his decision, Cook said the company’s strong roadmap and future outlook made this the right time for a transition. “I have never been more optimistic about Apple’s future,” he noted, while announcing Ternus as his successor. He described Ternus as “a visionary in his own right” with “remarkable integrity” and the right leader to guide Apple into its next phase.
Cook said, “John Ternus has the mind of an engineer, the soul of an innovator, and the heart to lead with integrity and with honour.”
Ternus, in his own note to employees, struck a steady, execution-focused tone. Ternus said, “It has been such a privilege to lead the hardware engineering team… I still plan to be very hands-on,” signalling continuity rather than a strategic reset.
As part of the leadership reshuffle, Ternus will step away from leading hardware engineering, with Tom Marieb taking over the role. Marieb will report to Johny Srouji, who assumes an expanded position as chief hardware officer, aligning hardware development more closely with Apple’s silicon and technology teams.
Cook also used his memo to thank employees, calling them “the most remarkable people in the world” and crediting them for building Apple into what it is today. A town hall has been scheduled at the Steve Jobs Theater to discuss the transition further.
The leadership change also sees Arthur Levinson move to the role of lead independent director, while Ternus joins Apple’s board.
Cook’s tenure has been defined by massive growth and expansion, with Apple’s market value rising from around $350 billion in 2011 to $4 trillion, alongside the launch of new product categories and a booming services business. Ternus, a 25-year Apple veteran, has played a central role in shaping the company’s hardware roadmap, from iPhone and Mac to newer innovations in materials and sustainability.
The transition signals a generational shift, but not a dramatic change in direction. If anything, both memos point to continuity, discipline and a belief that Apple’s next chapter will be built on the same values that shaped its last.
