Top 10 biz headlines: FM's infra plan, SBI's distressed asset fund, & more

From a CEO poll indicating that slowdown will worsen to hiring in IT sector, here are the top 10 business news headlines for the day

FM Sitharaman unveils Rs 102-trillion infrastructure plan to boost growth

Finance Minister Nirmala Sitharaman on Tuesday launched a National Infrastructure Pipeline (NIP), unveiling projects worth Rs 102 trillion, to boost economic growth and help the economy reach the $5-trillion target by 2024-25. Read more.

SBI to float $2-bn distressed asset fund; to bring in global partners

The country’s largest lender, State Bank of India (SBI), plans to float a distressed asset fund in the new year and will be roping in a global partner to raise money from international investors. Rajnish Kumar, chairman, SBI, told Business Standard: “We are expanding