Newsmakers: States will finance discoms, Airtel starts per-second bill plan and more

States, not PSBs, will finance loss-making discoms: Finance Minister Arun Jaitley made it clear that the states will have to finance their loss-making electricity boards. A plan has been worked out by the Power Ministry and it would now discuss the same with the respective state governments and their discoms, he said.

Syriza's Alexis Tsipras wins Greece election: Greek voters returned Alexis Tsipras to power with a strong election victory, ensuring the charismatic leftist remains Greece's dominant political figure despite caving in to European demands for a bailout he once opposed.

CBDT sticks to Black Money Act asset disclosure deadline: It seems the government is in no mood of extending the last date of the one-time disclosure window under the Black Money Act, which closes on September 30. In an press release issued by the Central Board of Direct Tax (CBDT), the department has advised people with undisclosed foreign assets "to file their declarations well in time" and reiterated that "failure to declare an undisclosed foreign asset will entail severe consequences under the Act, including higher penalty, prosecution, and may also result in forfeiture of assets under the Prevention of Money Laundering Act."

Bharti Airtel starts per-second bill plan: Bharti Airtel has started per-second bill plan for its prepaid mobile customers nationally, to ensure the customers pay only for the time they use the network.

Apple's iOS App Store suffers large-scale attack: Apple said it is cleaning up its iOS App Store to remove malicious iPhone and iPad programs identified in the first large-scale attack on the popular mobile software outlet. The company disclosed the effort after several cyber security firms reported finding a malicious program dubbed XcodeGhost that was embedded in hundreds of legitimate apps.