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The approval enables Lupin to offer a generic version of Descovy pills, which were originally produced by Gilead Sciences Inc.

In October, J Kumar Infraprojects received an order of ₹1,847.72 Crore in Thane, Maharashtra.

Brent futures had dropped 33 cents, or 0.45%, to $73.06 a barrel. At $70.22, U.S. West Texas Intermediate crude dropped 36 cents, or 0.51%.

The Canadian dollar plummeted to its lowest level in more than four years at 1.44655 per US dollar, while the Swiss Franc fell to a five-month low of 0.90215 per dollar.

The firm has withdrawn its proposed ₹450 Crore rights issuance, citing the need for more funding to sustain its expansion objectives.

While the Fed cut rates by another 25 bps in December, Powell cut the outlook to just 2 rate cuts in 2025

The business also said that the appointment was made for a three-year term, beginning on the day he assumed responsibility for his position.

After falling more than 2% overnight to reach its lowest level since November 18, spot gold was barely altered at $2,588.80 per ounce.

The shares implied a 57.7% premium when they were listed at Rs 440 on the NSE and Rs 442.25 on the BSE.

With higher inflation expectations and benign jobs scenario, few rate cuts may be warranted in the future