S Korea’s Mirae to enter India’s investment banking with $300 million

MUMBAI: South Korea’s Mirae will invest $300 million to set up investment banking operations in India and compete with established leaders like JM Capital, Kotak and ICICI Securities. The Indian operations of Mirae Asset Capital Markets India will be headed by Benedict Ryu, and supported by Aditya Loonkar, a former senior executive of Investec, and Anshul Mittal, a former senior executive from Tata Capital. Loonkar, who was heading fixed income at Investec and Mittal, who was heading M&A advisory at Tata Capital, will be co-heads of investment banking. Prior to this, Benedict Ryu was in charge…

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An effective cancer therapy is now one step closer to reality

Cancer occurs when abnormal cells divide in an uncontrolled way. And it turns out, when it comes to fighting cancer, the size does matter. According to researchers at The University of Texas Health Science Center at Houston (UTHealth) and The Ohio State University, doctors could be a step closer to finding the most effective way to treat cancer with a double whammy of a virus combined with boosting the natural immune system. “The findings of this research are very exciting because it helps unravel the complex yin and yang relationship…

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Looking to invest in mutual funds? Here’s how to get your KYC done

Complying with the Know Your Customer or KYC norms is mandatory for every mutual fund’s investor. It is important for an investor to submit their identity details to the mutual fund houses. AMC’s are required to formulate rules and implement a customer identification program in accordance with the Prevention of Money laundering Act, 2002 (PMLA). These rules and regulation gets updated and is issued by SEBI from time to time. The KYC process is free for the investors. What are all documents required? Firstly, you need to get a KYC…

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Is Saline Water Beneficial To Consume? How To Make It At Home

Salt makes for an essential nutrient and if consumed in an optimum amount, it has many benefits to offer. It is said that it is one of the best ways to detox our body. In fact, Ayurveda is said to have used salt water, or saline water, to cleanse stomach, intestines and colon, while repairing the damage that our diet has caused to the cells in our digestive tract. While there is no scientific explanation or study that has proved this theory, it has been a favourite solution that has…

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Anxiety and aggression in young boys may increase due to low iron levels

Iron deficiency and low blood levels of Vitamin B12 in small boys may be associated with behaviour problems, such as anxiety and aggression, when they get in middle school, according to a new study. The findings showed that iron deficiency, anaemia and low plasma vitamin B12 levels in boys at around age 8 were associated with 10% higher mean scores on externalising behaviours such as aggression and breaking of rules. Iron deficiency was related to an adjusted 12% higher mean on internalising problem scores like anxiety and depression. “Some parts…

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Are you on antidepressants? It is linked to higher risk of dementia

While anti-depressants can help mental health patients deal with depression, long-term use of certain anti-depressants could have serious side effects. A large study done by researchers from the University of East Anglia’s School of Health Science have linked use of antidepressants to dementia, though they could not definitively conclude that the drugs were the cause. Previous studies have shown that medications commonly prescribed to reduce depression and anxiety may increase the risk of death by preventing multiple organs from functioning properly, and increase risk of bone disease.And among patients suffering from high blood pressure, antidepressants…

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