Ease of doing business: 3 factors Modi is counting on for a jump in World Bank’s rankings – Economic Times

NEW DELHI: India expects a double-digit jump in the World Bank‘s ‘ease of doing business’ rankings which will be released tomorrow. The government hopes the string of reforms it has initiated would reflect in the ranking. In the 2017 report released last year, India ranked at 130 out of the 190 countries evaluated, improving just…

Tribunal admits insolvency petition against Abhijeet’s Mihan power co – Times of India

Nagpur: An insolvency petition has been admitted against the Manoj Jayaswal-led Abhijeet MADC Energy Private Limited (AMNEPL) by National Company Law Tribunal (NCLT). The plea was filed by Alchemist Asset Reconstruction Company (AARC) over a loan default of Rs959 crore. Companies under Jayaswal’s Abhijeet Group are sitting on bad loans worth Rs11,000 crore, making it…