dna Money Must Reads: From Kingfisher Airlines' asset sale to L&T's international orders

These are 5 business stories of the day:

1. Four banks plan to sell Kingfisher Airlines' assets to ARCs

As many as four banks are contemplating selling assets of beleaguered air carrier Kingfisher Airlines to asset reconstruction companies (ARCs) to recover part of their dues. Read more.

2. BSE to shift stocks of 19 firms to restricted trading segment for violating rules

Leading stock exchange BSE will shift stocks of 19 firms to the restricted trading category for not complying with listing rules, relating to corporate governance norms, from Friday. Read more. 

3. Larsen & Toubro bags international orders worth Rs 1,404 crore

Larsen and Toubro (L&T) on Friday said it has bagged orders worth Rs 1,404 crore across various business verticals.

In a BSE filing, the company said its construction arm "has won orders worth Rs 1,404 crore". Read more.

4. SBI raises Rs 3,000-crore from bonds to fund business growth

The country's largest lender State Bank of India (SBI) on Friday said it has raised Rs 3,000 crore from bonds to fund business growth.

The bank on Thursday issued 30,000, Basel III compliant, Tier-ll bonds, in the nature of debentures, with the face value of Rs 10 lakh each at par, SBI said in a statement. Read more.

5. Make in India Week: CIDCO signs MoUs worth Rs 30,000 crore for development of Navi Mumbai

City and Industrial Development Corporation of Maharashtra (CIDCO) inked 11 Memorandum of Understandings (MoUs) worth Rs 30,000 crore for the development of NAINA (Navi Mumbai Airport Influence Notified Area) projects, including Khalapur Smart City, during the just concluded Make In India Week. Read more.