Alkem Laboratories has said the US health regulator has issued three observations after inspecting its St Louis-based manufacturing facility. The US Food and Drug Administration (USFDA) had conducted a pre-approval inspection at the plant from October 31 to November 9, the drug firm said in a notice to the stock exchanges. At the end of the inspection, the company received Form 483 with three observations, it added.

SJVN on Thursday said it has bagged a contract to build, own and operate a 83 MW floating solar project worth ₹585 crore in Madhya Pradesh. The project has been secured at a tariff of ₹3.70 per unit on build, own and operate basis in an e-reverse auction (e-RA) organised by REWA Ultra Mega Solar Ltd. (RUMSL), the company said in a statement.

Adani Power on Thursday said that it has inked a pact to sell 100 per cent stake in Support Properties Private Ltd (SPPL) to AdaniConnex Private Ltd (ACX) at an enterprise value of ₹1,556.5 crore.

The board of NHPC has approved a proposal to merge the company’s arm Jalpower Corporation Ltd with itself. NHPC had acquired Jalpower Corporation Ltd (JPCL) and its 120 MW Rangit Stage-IV hydro power project in March 2021 through insolvency proceedings.

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