After putting it on the back-burner for the last three years, the Telecom Regulatory Authority of India (Trai) on Monday finally came out with a consultation paper examining whether over-the-top players (OTT) like WhatsApp can be brought under licensing and regulation. In a belated move, the regulator has indicated that services like calling, messaging, etc, by WhatsApp, which are similar to the services provided by the telecom operators, can be brought under licensing and regulation.

PNB Housing Finance (PNBHFL) on Monday said it has received a long-term loan sanction of Rs 3,500 crore refinance facility from National Housing Bank. The facility will help PNBHFL boost liquidity as well as improve its asset-liability profile.

In FY18, PNBHFL had accessed Rs 1,500 crore refinance from NHB. NHB’s refinance constituted 7.83% of PNBHFL’s source of funds in FY16, before coming down to 5.36% on September 30, 2018.

Ashok Leyland, a Hinduja Group flagship, is betting big on the electric vehicle (EV) front. The company is gearing up to launch at least four EV products in 2019, including a bus, a light commercial vehicle (LCV), a last-mile connectivity product and a medium vehicle.

The company also hinted at its entry into the ‘shared transit’ model on global lines with an electric disruptive vehicle which will be for both urban and rural markets.

India's retail inflation rate dropped sharply in October, giving the central bank leeway to allow easier lending policies, but plunging farm prices sent a stark warning to Prime Minister Narendra Modi about the challenges he faces in rural areas in next year's general election.

Top actor Rajinikanth, who is expected to foray into politics, said Monday that the implementation of the demonetization exercise by the Centre was flawed.

The Tamil superstar, when asked about his view on the impact of demonetization vis-a-vis its second anniversary, told reporters that "the implementation was flawed. It is a matter that should be discussed in detail."

In January 2016, Prime Minister Narendra Modi launched a revamped crop insurance scheme, his government’s flagship scheme for farmers, the Pradhan Mantri Fasal Bima Yojana (PMFBY).

It would “bring about a major transformation in the lives of farmers”, Modi had said at the time.

Biscuit-maker Mrs Bectors Food Specialities and auto-components maker Sansera Engineering have received markets regulator Sebi’s go-ahead to launch initial share-sale offers.

Mrs Bectors Food and Sansera Engineering obtained “observations” from the Securities and Exchange Board of India (Sebi) on November 9 and November 12, respectively, showed the latest update with the markets watchdog.

After coming out with draft regulations for telecommunications operators to stop pesky calls and texts, the Telecom Authority of India (TRAI) has issued the much-awaited consultation paper to debate whether the over-the-top (OTT) players such as Whatsapp, Facebook and Skype, among others, should be brought under the regulatory regime.

Shares of Tata Motors were down 5% at Rs 185 on the BSE after the company’s British arm Jaguar Land Rover (JLR) total retail sales fell 4.6% year-on-year (Y-o-Y) at 44,282 vehicles in October.

JLR’s sales in China decreased by 49% Y-o-Y as market conditions remain challenging amid tariff changes and continued trade tensions with the US, which are impacting consumer confidence and automotive purchases.

State-owned engineering giant BHEL said Monday that with the completion of fourth and final 30 MW unit, it has completely commissioned 120 MW Pulichintala Hydro-Electric Project (HEP) in Telangana.

The other three units of the 4x30 MW Pulichintala HEP, commissioned earlier by the BHEL have been operating successfully, BHEL said in a statement.

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