News digest: RCom's debt recast plan, ease of doing biz rankings, and more

From Jio's impact on Airtel's net profit to increased surveillance of shell firms, BS brings you up to speed with latest news

Banks seek more clarity on RCom's debt recast plan

Indian lenders said they would take the current market price of Reliance Communications shares into account while taking a decision to convert the company’s debt into equity. Read more
 

India jumps 30 spots to 100 in World Bank's ease of doing business rankings

India has for the first time broken into the club of the 100 nations easiest to conduct business in, driven by ease of paying taxes, resolving the insolvency problem, access to credit, and protection of minority investors. Read more