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[ad_1] NEW YORK: The experimental coronavirus treatment remdesivir has failed in its first randomized clinical trial, inadvertently released results showed Thursday, dampening expectations for the closely watched drug. A draft summary went online briefly on the website of the World Health Organization (WHO) and was first reported by the Financial …

[ad_1] Mumbai: Cookie maker Britannia Industries announced a provisional dividend of Rs 35 per share for the 2019-20 fiscal year, ahead of its March quarter earnings announcement. Cookie maker Tiger and Good Day is likely to post single-digit profit growth in the quarter ending March as it was partially clouded …

[ad_1] Alex Dovbnya Bitcoin (BTC) price has just hit $ 7,800, its highest level since the collapse of March 12 The price of Bitcoin (BTC) has shot up by more than 10 percent in the past 24 hours, reaching an intraday high of $ 7,777 on the Gemini exchange. image …

[ad_1] By Nehaa Chaudhari and Arpit Gupta With its investment of Rs 43.574 crore, Facebook is now Reliance Jio’s largest minority shareholder. This was accompanied by a pact between WhatsApp and Reliance Retail to promote the latter’s JioMart platform. In July 2019, Facebook invested in Meesho, an Indian social commerce …

[ad_1] Mumbai: Franklin Templeton Mutual Fund said on Thursday it has voluntarily decided to wind up its suite of six yield-oriented, managed credit funds, effective April 23, citing the severe market dislocation and illiquidity caused by the Covid-19 pandemic. These six funds are: Franklin India Low Duration Fund, Franklin India …

[ad_1] Facebook buying a 9.99% stake in the Reliance Jio platforms gives both companies the opportunity to break into India’s Internet domain. Reliance Retail will use WhatsApp to attract more customers to JioMart, its grocery delivery platform to start with, but there are more things that this association can facilitate. …

[ad_1] © Reuters. By Barani Krishnan Investing.com: From an unloved market, US crude has become something that oil traders seem not to have enough of. West Texas Intermediate, the benchmark for New York-traded crude futures, has gained 65% since Tuesday’s deal, rising like a phoenix from the ashes of Black …

[ad_1] A file photo of an office of Gilead Sciences Inc. is shown in Foster City, California. (Reuters) The trial showed that remdesivir did not improve the condition of the patients or reduce the presence of the pathogen in the bloodstream. Reuters Last update: April 23, 2020, 11:25 p.m. IST …

[ad_1] MUMBAI : The Securities and Exchange Board of India (Sebi) on Thursday eased the valuation policies of mutual debt funds to allow valuation agencies to make the decision not to declare a paper default if the interest payment delay or the expiration extension is due to a covid-19 related …

[ad_1] The domestic equity market continued to move forward, helping Nifty move further and finish with gains even as he continued in the Rising Wedge formation. Nifty saw a flat start, but gradually went to test the 9,300 mark in the afternoon. At one point, the resourceful had given up …