NBFC Indian School Finance plans to raise $30-35 million from PE investors

 Indian School Finance Co. Pvt. Ltd (ISFC), which lends to companies in the education sector, is looking to raise around $30-35 million (approximately Rs200-230 crore) from private equity investors, said two people aware of the development. ISFC, a non-banking financial services company (NBFC), founded in 2008, lends to schools and education institutions. It lends to private schools, affordable schools, vocational institutes and coaching classes to help them build their infrastructure such as setting up of computer and science labs, construction of additional floors or wings in existing premises or for…

Read More

OFRC answer key 2017 for OFB Group C exam released, raise objections now

The Ordnance Factory Recruitment Centre (OFRC) of Ordnance Factory Board (OFB) has released the provisional answer keys and question paper of first phase written examination for direct recruitment of semi-skilled grade industrial employees (IEs) Group ‘C’ in various ordnance factories located across India. The exam was held on September 10, 2017. Steps to check the answer key: 1) Visit the official website of OFB 2) Click on the link to view provisional answer keys and question paper of exam held on Sept 10 3) Select trade 4) Click on view and the answer key…

Read More

CBSE plans to raise ratio of girls in engineering

The CBSE has launched Udaan, a project to mentor 1,000 (50% seats earmarked for students from SC/ST/ backward classes) girl students to compete for admission at premier engineering colleges. Free of cost, the project will provide a course in online/offline format for students of class XI and XII to help them prepare for the JEE. Science students from any board who have scored a minimum 70% in class X and 80% in science and math and 75% in physics, chemistry, and mathematics in class can apply. The last date for…

Read More