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OneSource, a TPG Growth-backed specialty pharma contract development and manufacturing organisation (CDMO), are in discussions with a clutch of investors including White Oak Capital, Swiss fund HBM Healthcare Investments, Tybourne Capital and 360 ONE, to raise about $200 million (₹1,670 crore), said sources. OneSource (formerly Stelis Biopharma), promoted by Strides Pharma and its promoter Arun Kumar, got demerged from Strides Pharma, and renamed as OneSource last year. The company will now seek final approval from the NCLT for the demerger, and listing approvals from BSE and NSE. The company expects listing in the next 12 months. In September 2023, the board of directors of Steriscience Specialties, Strides and OneSource Specialty Pharma (formerly Stelis Biopharma) proposed to combine the CDMO business of Strides and Steriscience under OneSource.

health insurance policy was due for renewal this month, he grappled with a common dilemma: should he continue paying ₹73,000 for a ₹2.75 lakh cover or instead rely on the government's Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY), which is now extended to all senior citizens over 70 and offers ₹5 lakh of free coverage per family? It's a question that is increasingly troubling senior citizens across India, as private health insurance premiums soar and government schemes promise substantial coverage, albeit with limitations. The AB-PMJAY now covers all senior citizens over 70 regardless of income. The move is expected to benefit about 60 million senior citizens and 45 million families. Enrolment for the scheme is likely to begin soon.

Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.

Metro Line 3 project, by Prime Minister Narendra Modi next week. This marks a significant milestone for the city's transportation system, as it will launch the Aqua Line's first phase. The 12-kilometer stretch connects Aarey Colony to Bandra Kurla Complex (BKC) and will feature 10 operational stations.

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.

credit delivery, the deputy governor of the Reserve Bank of India, Swaminathan J said on Wednesday. Speaking at a conference of Lead District Managers and District Development Managers in Hubballi, Karnataka, Swaminathan said that banks need to improve usage and quality of services to promote financial inclusion. “India has made significant strides in enhancing ‘access’ to banking and financial services, reaching even the most remote areas,” Swaminathan said. “However, there is stillconsiderable ground to cover in deepening financial inclusion. This requires greater focus on promoting ‘usage’ and improving the ‘quality’ of services.”

In October last year, when the trust's discount stood at nearly 60%, the board proposed a change to the capital allocation policy, with the aim of returning the first £100m of cumulative future realisations to shareholders, subject to it retaining a liquidity buffer.  Under the proposed changes, Chrysalis would maintain a working capital or liquidity buffer of up to £50m to ensure funds are available to support portfolio companies, if needed, as well as to cover fees and other running costs of the business. In a stock exchange notice today (25 September), the trust said the debt facil...

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

First elections in 10 years The first phase of J-K elections held on September 18 saw 61 per cent voter turnout.Jammu and Kashmir is holding its first assembly elections in a decade to elect a government after over six years of Central rule. This is also first assembly election being held after abrogation of Article 370 in the erstwhile state in August 2019.The final phase of polling will be held on October 1.

“League of Legends” is caught in the middle of a dispute between Hollywood’s actors union and an audio company that provides voiceover services for the blockbuster online multiplayer game

Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.

Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.

SBI Mutual Fund has extended the closure date of SBI Nifty 500 Index Fund NGO to September 26. The original closing date was September 24. The fund house informed about this to its unitholder through a notice-cum-addendum. The fund house mentioned that the closing date for the new fund offer period of SBI Nifty 500 Index Fund, an open ended scheme replicating / tracking Nifty 500 Index, has been extended from September 24 to September 26. The new fund offer or NFO of the scheme is open for subscription from September 17.

RBI can be searched in UDGAM portal. As on March 4, 2024, there are 30 banks, which are part of UDGAM portal, and they cover around 90% of unclaimed deposits (in value terms) in Depositor Education and Awareness (DEA) Fund of RBI.

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.

Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.

Rescuers have recovered the bodies of more workers killed in an explosion at a coal mine in eastern Iran

Online trading has become very popular in recent years, as advances in technology have helped lower barriers to entry for retail traders of all sizes. No matter the size of the trader, one thing they all agree upon is the importance of safety and security when entering the markets online. This applies to their funds, as well as their personal data. Traders look to work with brokers that provide added layers of security, so they can feel confident every time they place a trade.

Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.