Banks target 12 defaulters for bankruptcy proceedings at the start of a clean-up of bad loans in India’s banking system; MintAsia looks at how the process will pan out Source:…

IDBI Bank will reportedly sell its entire 5% stake in Clearing Corp. of India as it looks to strengthen its weak capital base through the sale of its non-core assets…

The addition of another brand will help Bajaj Auto shore up its portfolio, says managing director Rajiv Bajaj Source: Livemint.com (http://www.livemint.com/rss/industry)

The median increase in salaries of Corporate India’s top executives was only 2.3% in 2016-17 against 19.2% a year ago Source: Livemint.com (http://www.livemint.com/rss/industry)

National Payments Corporation of India (NPCI) has invited applications from 20 years of experience in financial services thorough will payments ecosystems Source: Livemint.com (http://www.livemint.com/rss/industry)

Reliance Jio alleges interconnection user charges (IUC) have risen from 10% of voice call charges in 2003 to 45% in 2017, benefitting the telecom incumbents Source: Livemint.com (http://www.livemint.com/rss/industry)

The 800-cc, 3-cylinder new Brutale is assembled at Kinetic’s Ahmednagar plant as complete knock-down (CKD) units and is priced at Rs15.59 lakh Source: Livemint.com (http://www.livemint.com/rss/industry)

Harley-Davidson’s motorcycle unit is skidding dangerously, but its merchandise business has already crashed Source: Livemint.com (http://www.livemint.com/rss/industry)

Ethereum co-founder Charles Hoskinson says there’s an over-tokenization of things as firms are issuing tokens when the same tasks can be achieved with existing blockchains Source: Livemint.com (http://www.livemint.com/rss/industry)

Monnet Ispat and Alok Industries are the second and third cases to get NCLT nod for bankruptcy proceedings, Jyoti Structures was the first Source: Livemint.com (http://www.livemint.com/rss/industry)