The government has directed SBI to find strategic investors for Arcil, noting its importance in bad loan resolutions, said two senior SBI officials Source: Livemint.com (http://www.livemint.com/rss/industry)

Sebi has sought explanations from Yes Bank, ICICI Bank and Axis Bank, which reported bad loans that diverged widely from RBI’s asset quality review Source: Livemint.com (http://www.livemint.com/rss/industry)

Bharti Infratel Ltd is sounding out banks about financing a potential offer for a majority stake in Indus Towers Source: Livemint.com (http://www.livemint.com/rss/industry)

Slowdown in economic growth along with record-low inflation has thrown the RBI’s hawkish monetary policy bias into question Source: Livemint.com (http://www.livemint.com/rss/industry)

Consolidation in the telecom sector had impacted the tenancy ratios of several mobile tower companies, and as a result many of them are in high debt, say analysts Source: Livemint.com…

United Spirits CEO Anand Kripalu says around 59% of volumes come from the popular segment of whisky Source: Livemint.com (http://www.livemint.com/rss/industry)