Ford to invest Rs 1,300 cr in Chennai for R&D

Chennai: US auto major Ford on Tuesday announced the setting up of its new research and development centre at a cost of Rs 1,300 crore. Ford’s Executive Chairman Bill Ford made an official announcement regarding the investment plan in Chennai. The automaker will invest $195 million (around Rs 1300 crore) and hire 3,000 skilled people for the new centre […]

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Ashok Leyland Q2 net profit jumps 71% to Rs 294.41 cr

New Delhi: Hinduja flagship firm Ashok Leyland on Tuesday reported a 70.96 per cent increase in standalone net profit at Rs 294.41 crore for the second quarter ended September 30, 2016. The company had posted a standalone net profit of Rs 172.2 crore in the same period last fiscal, Ashok Leyland said in a BSE filing. Its total income from […]

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Pulimurugan becomes first Malayalam movie to enter 100-cr club

Kochi: Rattling box office collections, Mohanlal starrer Pulimurugan shatters all Mollywood records to emerge as the first Malayalam movie to join the 100-crore club. The actor was elated and shared the news on Twitter. “Happy that #Pulimurugan becomes the 1st Malayalam Movie to enter 100 Cr Club. Thanks to entire crew, audience and almighty,” he […]

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BlackBerry DTEK50 & DTEK60 launched in India 

New Delhi: Canadian mobile maker BlackBerry on Monday launched two new Android smartphones — DTEK50 and DTEK60 — in India. The company also announced partnership with Optiemus, a Delhi-based telecom enterprise, to distribute and promote BlackBerry handsets in the market. While the DTEK50 is priced at Rs 21,990, DTEK60 will cost Rs 46,990. “India is […]

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China unveils the first satellite smartphone

Beijing: China has unveiled its first satellite smartphone capable of covering the whole country and the disputed South China Sea. The satellite phone is designed for use with the country’s first mobile communications satellite, Tiantong-1 (TT-1). The new smartphone, developed by state-owned China Aerospace Science and Technology Corporation (CASC), is scheduled to go on sale […]

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RGV announces first international project ‘NUCLEAR’

Mumbai: Filmmaker Ram Gopal Varma on Monday announced his first international project titled “NUCLEAR,” which will be made at the whopping budget of Rs 340 crore. The 54-year-old director took to Twitter to share the news and details about his maiden international film. “My 1st international film to be made at a cost of 340 […]

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