Gilead Sciences Inc. has entered into a non-exclusive licensing agreement with four Indian companies namely Cipla Ltd, Hetero Labs Ltd, Jubilant Life Sciences and Mylan and one Pakistani firm Ferozsons Laboratories. The agreement is for manufacturing and distribution of the investigational medicine Remdesivir.

Air conditioning and commercial refrigeration major Blue Star Limited reported its financial performance for the quarter and year-ended March 2020.

This offer comprises to buyout the 48.94 per cent non-promoter shares at Rs 87.5 per share. This price signifies a premium of ~10 per cent over its closing market price on May 11 which was Rs 79.60.

The level of 9,450-9,510 is a key level to watch out on the upside. Sustaining above this would open up for further upmove towards 9,710-9,800 in the short-term. Stocks in news: Jubilant Lifesciences, VEDL, Apollo Microsystems.

Defying weak global cues, Indian markets are set for a blistering opening as SGX Nifty indicates Nifty to open at 9,439, up by 2.87 per cent. The key catalyst for the domestic markets on May 13 would be the stimulus plan of Rs 20 trillion announced by Prime Minister Narendra Modi to revive Indian economy.

The stock of Reliance Industries Limited has formed an evening doji star candlestick pattern on the daily time frame. Evening Doji Star is a reversal candlestick pattern which is bearish in nature and appears at the end of an uptrend.

Factors are the building blocks of investing. A better understanding of the factors will help investors to make more informed decision on their investments.

Recently, index investing has gained a lot of traction due to the majority of large-cap funds underperforming their benchmarks. However, if seen from a long-term perspective, is it fruitful to invest in index funds? Let’s find out.

The spreading of COVID-19 pandemic had forced various countries to close their air space for commercial flights. However, Indian Government is planning to resume a few domestic flight operations, starting from May 18, 2020.

Automobile manufacturer, Maruti Suzuki India Limited was shining on the stock exchanges today after it resumed operations at its Manesar plant (Haryana) on a single shift basis.