DSIJ Mindshare

In-line with the street expectation the Reserve Bank of India has left key policy rate unchanged but has lowered SLR by 25 bps. The apex bank has maintained its stance of calibrated tightening at the end of the fifth bi-monthly review that ended on Wednesday. 

The USFDA completed inspection of pharma major, Lupin’s units at Mandideep location and issued multiple observations over three units located there. Shares of Lupin have thus plunged intraday on Wednesday.

The construction arm of Larsen&Toubro has won orders across two of its business segment, viz. Water and Effluent Treatment Business and L&T GeoStructure.

Etihad Airways is contemplating lending support to the debt-laden Jet Airways. Consequently, it engaged in discussions with some of the airline’s bankers about matters concerning cash flow and future business plans.