Yes Bank and the European Investment Bank will co-finance $400 million funding for renewable power generation in the country.

"The new financing programme will streamline financing for a range of renewable energy projects being built and operated by leading Indian corporations and private sector developers," Yes Bank and EIB said in a joint statement issued here today.

MUMBAI: State-run oil marketer Hindustan Petroleum on Monday asked Airtel Payments Bank to immediately transfer the cooking gas subsidies it had got back to the bank accounts of customers or to the oil companies.

The move comes after LPG subsidies of millions of customers have been crdited to the Airtel Payments Bank accounts without their permission.

The government on Monday sought Parliament’s nod for gross additional spending of Rs 66,113 crore in 2017-18 including Rs 10 lakh for setting up a special purpose vehicle, as part of the Air India disinvestment plan. Given the savings by ministries and enhanced receipts, the Centre’s net cash outgo would be only Rs 33,380 crore. However, the additional expenditure might not necessarily lead to extra borrowings by the Centre this fiscal year as it is likely to reallocate resources from under-spending departments to performing ones in the revised estimate to be presented along with Budget for 2018-19.

France’s privacy watchdog has issued formal notice to WhatsApp, asking the popular mobile messaging app to stop sharing user data with the parent company Facebook within a month. The Chair of the National Data Protection Commission (CNIL) had asked WhatsApp to provide a sample of the French users’ data transferred to Facebook. “The company explained that it could not supply the sample requested by the CNIL since it is located in the US, it considers that it is only subject to the legislation of this (US) country,” CNIL posted on its website late on Monday.

The Indian telecom industry is passing through complex times. It has been almost two decades since the Atal Bihari Vajpayee government heralded the telecom revolution with the formulation of the National Telecom Policy (NTP) in 1999. When the policy was enforced, India merely had a million subscribers. Since then, the industry has grown on to become the second-largest telecommunications market in the world that is now well past the billion-mark in terms of subscribers.

Elated with BJP's victory in Gujarat and Himachal Pradesh, BJP workers in poll-bound Meghalaya on Monday voiced confidence that their party would oust the ruling Congress.

Party workers are already working on the ground to achieve its target "Mission 40", targeting to win 40 seats in the 60-member assembly in the elections scheduled to be held in February-March next year, said BJP national spokesperson Nalin Kohli.

North Korea is “directly responsible” for the so-called WannaCry cyber attack that crippled hospitals, banks and other companies across the globe earlier this year, a senior White House official said on Monday.

“The attack was widespread and cost billions, and North Korea is directly responsible,” Tom Bossert, the White House homeland security adviser, wrote in an opinion piece published online by the Wall Street Journal.

NOTA (None of the Above) option got 2.5 times more votes than the Aam Aadmi Party (AAP) in the 29 seats that the party contested in Gujarat, according to an election result analysis by IANS.

The NOTA is an option in the Electronic Voting Machines (EVMs) and by registering a vote under NOTA, a voter can express his/ her rejection of all candidates contesting the election from any given constituency.

NEW DELHI: Telecom regulator Trai on Monday started consultation process to bring down mobile number portability charges from to Rs 4 from Rs 19 levied at present.

The Telecom Regulatory Authority of India (Trai) in a statement said that considering the upsurge in the volume of porting requests with effect from July 3, 2015, and the financial results of both the mobile number portability service providers (MNPSPs), the present ceiling of Rs 19 is quite high as compared to cost and volumes of transaction involved.

State-run power giant NTPC revised its installed and commercial capacities downward to 51,383 MW and 50,583 MW respectively after the Central Electricity Authority (CEA) deleted its 325 MW capacity of Patratu plant. In last May, the company had informed BSE about addition of 325 MW of Patratu Thermal Power Station of Patratu Vidyut Utpadan Nigam Ltd (PVUNL) to NTPC’s Group capacity.

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