This fundraising has been done majorly to meet the ongoing and planned capex requirements and cash flow mismatches of the company as well as for the general corporate purposes, in the wake of COVID-19, arising from the impact of the lockdown.

As per IQVIA Health’s data, Vigabatrin for oral solution had US sales of approximately $255 million MAT for the most-recent twelve months, ending February 2020.

For the day, an immediate support for Nifty is placed around 9,070 and breach of this support zone would open for further correction towards 8,900. On the upside, 9,400 would continue to act as a stiff resistance for the index. Stocks in news: JK Cement, Natco Pharma, Tata Steel, Torrent Pharma, Granules.

The cues from global peers are setting up a firm pitch to bat on for the bulls. On Friday, with Franklin Templeton fiasco, which resulted to sell-off in the markets, it would be interesting to see whether the market participants recover from this wound or they will use today’s gap-up opening to liquidate their positions.

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The market regulator eases the norm of valuation for debt mutual funds. Read on to know the details.

The stock of car manufacturer Mahindra & Mahindra (M&M) slipped more than three per cent today after the company announced that it is planning to raise another Rs 1,000 crore via bonds.

CRISIL has reaffirmed its 'CRISIL AA/stable/CRISIL A1+' ratings on the bank facilities of Music Broadcast Ltd (MBL). The ratings continue to reflect MBL's strong market position in the radio industry, healthy financial risk profile and established managerial, operational and financial linkages with the parent. 

TCS iON, a strategic unit of Tata Consultancy Services (TCS) announced that in the wake of COVID-19 and closure of schools & colleges, it is offering access to TCS iON digital glass room, a virtual learning platform, free of cost to educational institutions in US until March 31, 2021.