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Anupam Kher to play Manmohan Singh in 'The Accidental Prime Minister'

Anupam Kher to play Manmohan Singh in 'The Accidental Prime Minister'

Veteran actor Anupam Kher has been finalised to play Manmohan Singh in a movie based on former prime minister's media adviser Sanjaya Baru’s book, ‘The Accidental Prime Minister: The Making and Unmaking of Manmohan Singh’.

To be directed by debutant Vijay Ratnakar Gutte, the memoir by Baru was critical of Singh's first term as PM and had coincided with the 2014 parliamentary polls. The movie is expected to hit the screens in December 2018, just ahead of the next general election in 2019. The first look will be unveiled on Wednesday.

SBI flags off QIP to raise Rs 11,000 crore

SBI flags off QIP to raise Rs 11,000 crore

The State Bank of India (SBI), the country’s largest lender, has launched share sales through private placement to raise about Rs 11,000 crore to shore up its capital adequacy ratio.

This is part of the plan to mop up Rs 15,000 crore from the markets in the current fiscal year.

ICICI Bank, Fairfax to shed stake in ICICI Lombard via IPO

ICICI Bank, Fairfax to shed stake in ICICI Lombard via IPO

ICICI Bank and Fairfax Financial Holdings will sell a part of their stakes in ICICI Lombard General Insurance Company in the latter’s initial public offering (IPO) of equity, to monetise their investment. ICICI Lombard is a joint venture (JV) between the bank and the Canada-based financial holdings company, founded and led by Prem Watsa, a magnate of Indian origin.

In search for engineers: Microsoft, Oracle, Google step up hiring in India

In search for engineers: Microsoft, Oracle, Google step up hiring in India

Microsoft, LinkedIn, Oracle, Facebook and Google are increasing their staff in India triggering a talent war with Indian information technology (IT) services providers.

These US-based firms are seeking Indian engineers to work on technologies similar to their global counterparts even as they face rising protectionism in their home market.

Andhra govt to partner with private firms to develop plug-and-play infra

Andhra govt to partner with private firms to develop plug-and-play infra

The Andhra Pradesh government has come out with a separate policy for global in-house centres (GICs) with an objective to attract potential job creators by offering plug-and-play infrastructure developed in collaboration with private sector.

The concept of GICs, an alternative model to the third party vendors, has been gaining ground with global companies setting up their own subsidiaries to handle the business process management (BPM) work, which is otherwise being outsourced to off-shore firms.

GST rollout from July 1 will be turning point for economy, greatly benefit common man: PM Modi

GST rollout from July 1 will be turning point for economy, greatly benefit common man: PM Modi

Prime Minister Narendra Modi on Monday reviewed the preparedness for the Goods and Services Tax (​GST) and said that the roll-out of the new indirect tax regime from July 1 will be a turning point for the economy.

This was the first review by the PM after the GST Council finalised the rates, and the second since May 2.

Apple, Amazon to join Foxconn for its bid for Toshiba chip business

Apple, Amazon to join Foxconn for its bid for Toshiba chip business

Apple Inc and Amazon.com Inc will join Foxconn's bid for Toshiba Corp's semiconductor business, the Nikkei business daily quoted Foxconn Chairman Terry Gou as saying on Monday.

The two US technology giants plan to "chip in funds", Gou said in an interview, according to the newspaper. It was not immediately clear if this would take the form of a direct investment in the semiconductor unit or would be financing for the deal.

China at it again, defends PLA choppers entering Indian airspace in Uttarakhand’s Chamoli district

China at it again, defends PLA choppers entering Indian airspace in Uttarakhand’s Chamoli district

China today defended PLA helicopters hovering over Barahoti region of Uttarakhand’s Chamoli district, saying India and China have a territorial dispute in the eastern section of their boundary and the Chinese military carry out regular patrolling in the relevant areas.

While the details can be obtained from the Ministry of Defence, “in principle China and India have territorial disputes in the eastern section of the China-India border”, Chinese Foreign Ministry spokesperson Hua Chunying told the media when asked about reports that PLA helicopters violated Indian airspace on Saturday.

Ola Share grows 500% in 1 year, Delhi and Bengaluru biggest markets

Ola Share grows 500% in 1 year, Delhi and Bengaluru biggest markets

Delhi-based cab aggregator Ola on Monday announced that its shared mobility offering Ola Share has registered 500 per cent growth in the last one year.

Delhi, Bengaluru, Mumbai, Hyderabad and Kolkata emerged as the biggest users of Ola Share.

Maruti Suzuki to focus on new technology to cut emission, enhance mileage

Maruti Suzuki to focus on new technology to cut emission, enhance mileage

The country's largest carmaker Maruti Suzuki India(MSI) is focusing on new technologies to cut emission per vehicle while enhancing fuel efficiency for its future models.

The company said it has been able to bring down weighted average of CO2 emission for its entire fleet by nearly 19 per cent over a decade since 2007-08.

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