Aurobindo Pharma Jumps Over 8% On US Regulator’s Nod

Aurobindo Pharma Jumps Over 8% On US Regulator’s Nod

Aurobindo Pharma shares soared over 8 per cent today after the company received final approval from the US FDA (Food and Drug Administration) to manufacture and market Sevelamer Carbonate tablets. The scrip of the drug firm surged 8.27 per cent...
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Top CEOs vote to take US India Business Council out of US chamber

Top CEOs vote to take US India Business Council out of US chamber

The board of the US-India Business Council comprising CEOs of some top American companies has voted to sever ties with the powerful US Chamber of Commerce, laying bare years of simmering tensions, including over clashing policy priorities. The rupture has...
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US Exports To India Support 2,60,000 Jobs In America: Report

US Exports To India Support 2,60,000 Jobs In America: Report

Washington: American exports to India support more than 260,000 jobs directly and indirectly in the US and the cumulative investment from the country into India reached $28.3 billion in 2015, a new report said on Monday. India’s foreign direct investment...
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Ipca Labs Falls 15% As US Regulator Bans Drug Import

Ipca Labs Falls 15% As US Regulator Bans Drug Import

New Delhi: Ipca Laboratories shares tanked over 15 per cent on Friday as almost all drugs manufactured by the company at its facilities at Pithampur, Silvassa and Ratlam have been banned from the US market by the country’s health regulator....
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US Central Bank Cautious On Policy Tightening, Ties Rate Hike To Of Economic Rebound

US Central Bank Cautious On Policy Tightening, Ties Rate Hike To Of Economic Rebound

Washington: Federal Reserve policymakers agreed they should hold off on raising interest rates until it was clear a recent US economic slowdown was temporary, though most said a hike was coming soon, minutes from their last policy meeting showed on...
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Real estate CEO: Record-low housing inventory is ‘freaking us out’

Real estate CEO: Record-low housing inventory is ‘freaking us out’

The number of homes for sale in America has been falling steadily for the past year, but the situation is apparently getting much worse as spring demand heats up. “The inventory is reaching historic lows. It’s never declined faster than...
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