Delhi government has set up an advisory body to promote ease of doing business, boost new enterprises, fund start-ups and create new jobs in the city.

Chief Minister Arvind Kejriwal made the announcement about the formation of the 'entreprenuership council' at a press conference here today, which he said will submit its report in the next three months

Exporters have been relieved from submitting the landing certificate of goods to avail benefits under the Merchandise Exports India Scheme (MEIS), a move aimed at facilitating ease of doing business.

The government is trying hard to shore up exports and have been taking steps for ease of business. Yesterday it broadened the ambit of merchandise exports schemes and has also planned 29 port-based coastal industrial centres, under coastal economic zones, to boost exports by $110 billion besides creating one crore new jobs. The clusters will be in the vicinity of India's top 12 major ports.

Despite successfully attracting several marquee investors, Telangana is disappointed with its not-so-pleasing 16th rank in the World Bank's ease-of-doing business index while its sibling Andhra Pradesh managed to grab the second rank. Kalvakuntla Taraka Rama Rao (KTR), son of Telangana CM K Chandrasekhar Rao, who took charge as industries minister last week, is now on a mission to achieve a better ranking this time. KTR talks to ET's CR Sukumar the measures being taken up. 

Last year when the World Bank revealed its rankings of Indian states on ease-of-doing business, it placed Maharashtra in the 8th place in top 10 list. Needless to say, the ranking shocked the Devendra Fadnavis government which had taken various measures to remove bottlenecks for entrepreneurs.
A shocked state government later came to know that the World Bank had taken into account measures taken before June 1, 2015, by states. 

Ban on plying of diesel taxis in the national capital will have a far reaching negative impact on India's ease of doing business scenario, with the IT/BPO sector being the worst hit, an industry body said on Wednesday.

In what could benefit lakhs of Mumbaiites, the Brihanmumbai Municipal Corporation is soon going to allow residents to make changes to their homes without taking a BMC clearance. 

BMC Commissioner Ajoy Mehta said that the BMC would empower citizens to make the changes to their homes unless it did not impact the structural stability of the building. 

Questions around the interplay between the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002, the Sick Industrial Companies (Special Provisions) Act 1985, the Recovery of Debts Due to Banks and Financial Institutions Act 1993 and the Companies Act 1956 have frequently arisen in various high courts and the Supreme Court.

In a recent decision by the Supreme Court in M/S Madras Petrochem Ltd v BIFR,1 this interplay was exhaustively revisited.