IIFL fund leads $130 mn investment in Northern Arc Capital

Non-banking financial company Northern Arc Capital Ltd said on Tuesday that it has secured a fresh investment of Rs 910 crore (around $130 million) from a clutch of institutional investors. IIFL Special Opportunities Fund and Standard Chartered Private Equity (SCPE) — both existing investors — along with Affirma Capital contributed to the round, Northern Arc […]

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India-funded educational campus inaugurated in Nepal

Educational campus constructed with Government of India’s  financial grant of 35.5 million Nepalese rupees was inaugurated. An educational campus constructed with Government of India’s financial grant of 35.5 million Nepalese rupees was inaugurated in Nepal yesterday. The newly constructed three storey building of Siddheshwar Education Public Campus in Ramechhap district comprises of 12 classrooms, faculty […]

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Emilia Clarke says response to health battle revelation has been ‘overwhelming,’ ‘profoundly moving’

‘Game of Thrones’ star posts emotional farewell to hit show Emilia Clarke took to Instagram Friday to share a video thanking fans for their “overwhelming” response to her recent New Yorker essay where she revealed she underwent two brain surgeries and had a close call with death. “I had to put a video up to say thank you,” the […]

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Brainstorm Health: Biogen Alzheimer’s Drug, CVS Meets CBD, New CRISPR Company

Good afternoon, readers. It was a sad day for biopharma. Yet again, an Alzheimer’s drug hopeful crashed and burned in critical late-stage clinical trials. The victim, this time, was biotech giant Biogen (alongside Japanese partner Eisai), which had placed a massive amount of time and money in a high-risk bet on experimental Alzheimer’s treatments. The companies announced on […]

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6 fixed income investments to help you save tax under section 80C

Fixed income instruments are typically meant for risk-averse investors who want safety of capital and assured returns. Along with these two aspects, schemes like the Public Provident Fund (PPF), National Savings Certificate (NSC), and Sukanya Samriddhi Yojana (SSY) etc., also provide tax-saving benefits under section 80C of Income Tax Act. PPF and SSY in fact, […]

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