S&S Power Switchgear hits the roof after subsidiary bags Rs 50-cr order from Vedanta Aluminium

Aurobindo Pharma’s US facility received a Voluntary Action Indicated classification. The US FDA closed its inspection of the Raleigh manufacturing plant. This classification allows applications for inhalers and other products to proceed. The inspection covered inhaler, dermatology, and transdermal product manufacturing operations. The company’s regulatory filing confirmed the inspection closure and VAI status.

On Tuesday, US Treasury yields saw a decline following a sharp drop in oil prices. As optimism regarding a resolution to the Iran conflict grew, inflation worries lessened. Consequently, traders adjusted their predictions for a Federal Reserve interest rate increase in September, leading to significant reductions in two-year and ten-year Treasury yields. The Treasury Department…

Godrej Properties expects over Rs 20,000 crore operating cash flow in upcoming fiscal periods. Strong sales bookings of Rs 8,651 crore in Q1 signal robust performance. The company is on track to meet all guidance parameters for the current year. Investments in construction and land acquisition are increasing to support growth.