Reliance Jio bags the third deal after Facebook and Silver Lake. This time, Vista Equity Partners will be making an investment of around Rs 11,367 crore into Reliance Jio as announced by Reliance Industries and Jio Platforms Limited.

Pharmaceutical company, Neuland Laboratories Ltd, announced that it has received an establishment inspection report (EIR) for its manufacturing facility located at Pashamylaram in Hyderabad.

During the week, RBI Governor held video conferences with representatives of non-banking financial companies (NBFCs) including NBFC-micro finance institutions (NBFC-MFIs), where issues such as availability of liquidity were discussed.

EBITDA grew by seven per cent as against previous year, to $383 billion. The top-line, though, is down by 12 per cent to $2.7 billion due to lower shipments as well as aluminum prices.

The stock of J B Chemicals & Pharmaceuticals Limited has given a downward sloping trendline breakout on the weekly time frame, formed by connecting swing highs from February 2020. The breakout was supported by strong volumes.

The stock has formed descending hawk candlestick pattern on weekly time frame, which suggest weakening of the short-term uptrend and may reverse to the downtrend after the confirmation candle.

Gold prices went up by 45 per cent in the last year. Is it the right time to invest now?

Active tracking and monitoring of COVID-19 is significant for understanding and curbing its infection vector. For this purpose, Hexaware Technologies came up with a cloud-based, quarantine zone care management software solution called-KareRing. It is a mobile application that provides institutional care providers, a care management dashboard, quarantine zone tracking as well as reporting facility.

On Friday, Biocon announced that United States Food & Drug Administration (USFDA) had issued the company with five observations for its small molecules API manufacturing facility at Biocon Park SEZ, Bommasandra (Bengaluru, Karnataka).

The business also would show high sustainability due to its short-term loans and recovery period of as small as three months, which may not face high risk of defaults due to the current lockdown.