Intimacy & Familiarity Strengthen Brand Engagement: IIM-I Study

**Intimacy, Familiarity, and Self-Congruity Key to Influencer Impact: New IIM Indore Study**

Indore (Madhya Pradesh): A recent research study from the Indian Institute of Management (IIM) Indore has identified intimacy, familiarity, and self-congruity as the most powerful influencer traits that drive brand community engagement and foster a deeper sense of brand ownership among followers.

As digital platforms increasingly dominate the consumer journey, brands are investing heavily in influencer partnerships to shape perceptions, promote products, and build communities across industries such as fashion, lifestyle, technology, and travel. This study, led by Professor Purvendu Sharma, goes beyond traditional marketing metrics to explore the emotional and relational dynamics that make influencer-follower interactions so impactful.

Unlike earlier research that primarily focused on brands or consumers, Sharma’s work shifts attention to the influencers themselves. Drawing on theories of self-congruity and psychological ownership, the study develops a conceptual model linking the personal characteristics of influencers to the behavioral outcomes of their followers.

Using data collected from 216 young social media users engaged in brand communities, the researchers employed Partial Least Squares Structural Equation Modelling (PLS-SEM) to test their hypotheses. The findings revealed that intimacy—the perceived closeness and authenticity between influencer and follower—has the strongest influence on brand community engagement (BCE), followed by familiarity and self-congruity. Here, self-congruity refers to the alignment between a follower’s self-image and the influencer’s persona.

These factors not only enhance engagement but also strengthen a follower’s psychological ownership of the brand—a sense of personal connection and belonging. Interestingly, while self-congruity directly impacts brand ownership, its effect is not mediated through engagement. In contrast, both familiarity and intimacy exert indirect effects via BCE, emphasizing the role of emotional resonance and relational depth in digital brand building.

“This research highlights that meaningful influencer-follower relationships—not just follower counts—drive community participation and long-term loyalty,” said Professor Sharma. “Brands should focus on influencers who can connect authentically with their audience rather than those selected purely for reach,” he added.

The study provides actionable insights for marketers, recommending that brands prioritize interactive, value-driven collaborations that align influencer content with audience identity. It also encourages influencers to strengthen personal bonds with followers through tailored engagement, prompt interactions, and acknowledgment of consumer input.

Furthermore, the research suggests brands adopt data-driven tools—such as sentiment analysis for measuring intimacy and retention metrics for familiarity—to assess influencer effectiveness more accurately.

By integrating brand ownership into the framework of influencer marketing, the IIM Indore study underscores the growing importance of emotional connection and co-creation in the digital era. This positions the institute at the forefront of marketing research exploring how psychological principles shape brand loyalty in a rapidly evolving media landscape.

*Story by Atul Gautam*
https://www.freepressjournal.in/indore/intimacy-familiarity-strengthen-brand-engagement-iim-i-study

NCAA Season 101: San Beda beats rival Letran for 2-0 start

NCAA Season 101 Men’s Basketball Tournament: San Beda Remains Unbeaten

MANILA, Philippines – San Beda turned back rival Letran, 68-58, to stay unbeaten in the NCAA Season 101 men’s basketball tournament Sunday at the San Juan Arena.

The Red Lions followed up their opening-day win over College of St. Benilde to secure a 2-0 start in Group B.

“There’s really no extra…

https://sports.inquirer.net/643065/ncaa-season-101-san-beda-beats-rival-letran-for-2-0-start

Canara HSBC Life Insurance to launch IPO on October 10

**Canara HSBC Life Insurance to Launch IPO on October 10**

*By Dwaipayan Roy | October 5, 2025*

Canara HSBC Life Insurance Company is set to launch its first-ever initial public offering (IPO) on October 10, 2025. The IPO will be a complete offer-for-sale (OFS) consisting of 23.75 crore shares and is scheduled to close on October 14. Ahead of the launch, a portion of the shares will be reserved for anchor investors one day prior.

### IPO Details and Pricing

The price band for the public offer has been approved by regulators and will be announced shortly. The OFS will involve promoter stake sales from Canara Bank and HSBC Insurance. Additionally, investor and selling shareholder Punjab National Bank (PNB) will participate in the sale of shares.

### Strong Market Position and Growth

According to a Crisil report, Canara HSBC Life Insurance’s individual weighted premium income (WPI) has grown at the third highest rate among bank-led insurers between FY2022 and FY2025, reflecting its strong market presence.

The company has demonstrated steady growth in its annualized premium equivalent (APE) over recent years. Its profit after tax has increased at a compound annual growth rate (CAGR) of 13.26%, rising from ₹91.2 crore in FY2023 to ₹117 crore in FY2025. Moreover, the embedded value expanded significantly from ₹4,272 crore at the end of FY2023 to ₹6,111 crore as of FY2025.

### Financial Strength and Customer Reach

As of June 2025, Canara HSBC Life Insurance maintained a robust solvency ratio of 200.42%, comfortably above the regulatory minimum requirement of 150%. The company has also insured over 10.51 million lives, underscoring its extensive reach and the trust it has earned from customers.

### Lead Managers

The IPO is being managed by a consortium of leading financial institutions, including SBI Capital Markets, BNP Paribas, HSBC Securities & Capital Markets (India), JM Financial, and Motilal Oswal Investment Advisors, who serve as the book running lead managers for the issue.

Stay tuned for further updates on Canara HSBC Life Insurance’s IPO as the price band is announced. This offering marks a significant milestone for the company as it seeks to expand its footprint in the life insurance sector.
https://www.newsbytesapp.com/news/business/everything-we-know-about-canara-hsbc-life-insurance-s-ipo/story

UAAP: FEU Tamaraws finally break through–and it feels familiar

UAAP Schedule: Season 88 Basketball Tournament

MANILA, Philippines – Sean Chambers has seen this happen before. His Far Eastern University squad would fight its way to the end, and the Tamaraws would eventually wind up with close defeats.

In the UAAP Season 88 men’s basketball tournament, it’s happening again.

“I say this humbly and respectfully. We felt…

https://sports.inquirer.net/643106/uaap-feu-tamaraws-finally-break-through-and-it-feels-familiar

‘Mirai’ OTT version to feature multiple deleted scenes: Report

The hit Telugu film *Mirai* is all set for its OTT premiere on October 10.

Fans can catch the much-awaited release exclusively on JioHotstar.

Mark your calendars and get ready to enjoy *Mirai* from the comfort of your home!
https://www.newsbytesapp.com/news/entertainment/mirai-ott-version-to-include-deleted-scenes/story

Shubhanshu Shukla appointed brand ambassador of ‘Viksit Bharat Buildathon’

**Shubhanshu Shukla Appointed Brand Ambassador of ‘Viksit Bharat Buildathon’**

*By Dwaipayan Roy | Oct 05, 2025, 06:41 PM*

Group Captain Shubhanshu Shukla, the first Indian to reach the International Space Station (ISS), has been officially appointed as the brand ambassador for the “Viksit Bharat Buildathon.” This nationwide innovation movement targets students from classes 6 to 12, encouraging them to create innovative solutions that drive India’s development.

**A Nationwide Innovation Movement for Students**

The “Viksit Bharat Buildathon” is set to be the largest school hackathon in India. Organized by the Ministry of Education in collaboration with the Atal Innovation Mission, over one crore students from approximately 1.5 lakh schools across the country are expected to participate.

This extensive initiative invites young minds to ideate, design, and develop prototypes focusing on four vital themes:

– **Aatmanirbhar Bharat (Self-Reliant India)**
– **Swadeshi (Indigenous Products)**
– **Vocal for Local (Promoting Local Products)**
– **Samriddhi (Prosperity)**

Through these themes, the Buildathon aims to nurture creativity and problem-solving skills while fostering a spirit of national pride and self-sufficiency among students.

**Shubhanshu Shukla’s Role and Vision**

Group Captain Shukla, a 39-year-old Indian Air Force officer and test pilot, completed his maiden space voyage with the Axiom-4 mission, becoming only the second Indian to travel to space after Rakesh Sharma’s iconic 1984 flight.

Recently, Shukla met with School Education Secretary Sanjay Kumar to discuss the vision for the Buildathon, emphasizing the importance of empowering young innovators to contribute toward building a developed India.

**Event Timeline and Participation Details**

The “Viksit Bharat Buildathon” was officially launched on September 23, with registrations open until October 6. The live hackathon event is scheduled for October 13, and winners will be announced in December.

Students from classes 6 to 12 are encouraged to form teams and participate actively, developing creative ideas and prototypes that tackle real-life challenges aligned with the four national themes.

Don’t miss the chance to be part of this exciting journey toward innovation and progress. Register before the deadline and help build a Viksit Bharat!
https://www.newsbytesapp.com/news/science/space-traveler-becomes-viksit-bharat-buildathon-brand-ambassador/story

Nanded Police Solve 17-Year-Old’s Murder In Just Six Hours

**Youth Murdered and Body Attempted to Be Burned in Nanded District**

Nanded: A shocking incident unfolded in the Gadga area of Naigaon taluka, Nanded district, where 17-year-old Jishan Latif Syed was brutally murdered, and an attempt was made to burn his body. The incident came to light on October 2, coinciding with the Dussehra celebrations.

According to the complaint lodged by Jishan’s father, Latif Chandulal Syed, the Naigaon police promptly registered a case at the local police station. Demonstrating swift action, the police resolved the case within six hours of the incident, arresting the accused, Abbas Ramjaansaab Shaikh.

The motive behind the murder stemmed from Abbas’s suspicion that Jishan had illicit intentions towards his wife. Jishan and Abbas were friends, but Abbas harbored doubts that Jishan looked at his wife with malicious intent. Their strained relationship escalated following a severe quarrel during Muharram, which was initially resolved through the intervention of community elders. However, Abbas’s suspicion lingered.

On October 1, both Jishan and Abbas were seen leaving the village together on a motorcycle. Later that day, Jishan did not return home. When his family members tried to reach him by phone, his phone was switched off. Attempts to inquire about Jishan were made to Abbas, but he provided no positive response and eventually switched off his phone as well.

The police investigation relied on evidence found at the crime scene, including liquor bottles, footwear, and other items. Additionally, CCTV footage helped authorities track the suspect. Consequently, Abbas was arrested from Deglur.

The case highlights the importance of community vigilance and swift police response in ensuring justice. Further investigation is ongoing.
https://www.freepressjournal.in/pune/nanded-police-solve-17-year-olds-murder-in-just-six-hours

‘Mirai’ OTT version to feature multiple deleted scenes: Report

The hit Telugu film *Mirai* is all set for its OTT premiere on October 10.

Fans of the movie can catch it exclusively on JioHotstar from this date.

Get ready to experience the gripping story of *Mirai* from the comfort of your home!
https://www.newsbytesapp.com/news/entertainment/mirai-ott-version-to-include-deleted-scenes/story

Shubhanshu Shukla appointed brand ambassador of ‘Viksit Bharat Buildathon’

**Shubhanshu Shukla Appointed Brand Ambassador of ‘Viksit Bharat Buildathon’**

*By Dwaipayan Roy | Oct 05, 2025, 06:41 PM*

Group Captain Shubhanshu Shukla, the first Indian to reach the International Space Station (ISS), has been appointed as the brand ambassador for the **”Viksit Bharat Buildathon”**—a nationwide innovation movement targeting students from classes 6 to 12.

### Largest School Hackathon in India

The “Viksit Bharat Buildathon” is poised to be the largest school hackathon in India, with over **one crore students** from around **1.5 lakh schools** expected to participate. This ambitious initiative is organized by the **Ministry of Education** in collaboration with the **Atal Innovation Mission**.

### Themes and Participation

The hackathon encourages young minds to ideate, design, and develop prototypes based on four key national themes:

– **Aatmanirbhar Bharat** (Self-reliant India)
– **Swadeshi** (Indigenous products)
– **Vocal for Local** (Promoting local products)
– **Samriddhi** (Prosperity)

Students from classes 6 to 12 are invited to form teams and creatively address real-life challenges through this platform.

### Shubhanshu Shukla’s Vision

Group Captain Shubhanshu Shukla, a 39-year-old Indian Air Force officer and test pilot, recently completed his maiden space voyage aboard the Axiom-4 mission. He became only the second Indian to travel to space, following Rakesh Sharma’s iconic flight in 1984.

On October 4, Shukla met with School Education Secretary Sanjay Kumar to discuss the vision and objectives of the Buildathon, underlining the event’s national significance and potential impact.

### Event Timeline

– **Registration Deadline:** October 6, 2025
– **Event Date:** October 13, 2025
– **Winners Announcement:** December 2025

With registration closing soon, students are encouraged to participate actively and showcase their innovative solutions that contribute towards building a developed and self-reliant India.

For more details and registration, visit the official Buildathon website. Join the movement to build a **Viksit Bharat!**
https://www.newsbytesapp.com/news/science/space-traveler-becomes-viksit-bharat-buildathon-brand-ambassador/story

Zubeen Garg’s final film to release on October 31

The late Assamese singer Zubeen Garg’s final film, *Roi Roi Binale*, is set to be released on October 31.

Filmmaker Rajesh Bhuyan made the announcement, marking a significant moment for fans and the Assamese film industry alike.

This release will serve as a tribute to Zubeen Garg’s enduring legacy and his contributions to music and cinema. Stay tuned for more updates on the film’s release and related events.
https://www.newsbytesapp.com/news/entertainment/zubeen-garg-s-roi-roi-binale-to-release-this-month/story

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