The Times Of India Business
World Bank Group to discontinue Doing Business report
The World Bank Group has decided to discontinue publication of its Doing Business report on country investment climates following allegations of irregularities. The decision was taken after a probe of data irregularities allegedly due to pressure by some top bank officials to boost China's ranking in 2017 came to light.
Airtel to conserve Rs 40,000 crore cash through moratorium
A day after the government announced a mega bailout package for the telecom industry, Bharti Airtel chief Sunil Mittal said the company will opt for the four-year moratorium on spectrum and AGR payments, which will help it conserve a cash outgo of Rs 35,000-40,000 crore that would be used for network and other capital expansion programmes.