Nagarjuna Akkineni is the real businessman in film industry. After dabbling in hospitality, television and media, Nag now has set his eyes on providing the best studio facility in this part of the country. On Saturday, he unveiled five top-of-the-line floors built at a cost of Rs 100 crore at Annapurna Studios. The facility, dubbed as Asia’s modern climate controlled [...]

Ram Charan Tej is giving stiff competition to the prince of box office Mahesh Babu. Ram Charan’s summer release Rachcha, which recorded biggest gross for the first day and first weekend, has ended up with the  highest ever first week collections ever in the history of Tollywood. The movie has grossed a total of Rs 26.92 crores in Andhra Pradesh [...]

The multinational companies seem to have realized that it is not easy to operate in the highly competitive television market in India.  The decision by the Turner Broadcasting System to shut its Hindi general entertainment channel Imagine TV in India is the latest instance in this regard. The US-based Turner was forced to close down the channel because of its [...]

  Bharti Airtel has launched India’s first high-speed internet data service using 4G (fourth-generation) telecommunications technology. The cutting edge technology was launched by Telecom Minister Kapil Sibal in Calcutta on Tuesday. Company chairman Sunil Bharti Mittal said high-speed wireless broadband had “the potential to transform India”. The 4G service is expected to be five times faster than 3G and will [...]

Telugu producer Natti Kumar, who bought the Telugu rights of the much hyped Tamil film 3, suffered heavy losses as the Kolaveri Di movie sank at the box office without a trace. Though hero Dhanush commands very little market in Telugu, Nattikumar paid fancy price for the film, hoping to cash on the craze generated by the song Kolaveri Di. [...]

Maa TV has entered into a strategic alliance with Sony TV to enable the latter to acquire 30 percent equity stake in the former. MAA Television Network Limited and Sony Pictures Television (SPT) on Monday announced their joint intent to enter into a strategic alliance “to give a new growth thrust to MAA TV and its network of Telugu TV [...]

Did Lanco Infratech grab the 100 acres of land at Manikonda on which it is building SEZ and residential property? Ponnam Prabhakar, Congress MP from Karimnagar, who has a running feud with L Rajagopal, founder-chairman of the company, is the latest to reiterate the accusation. In the aftermath of AP High Court directive that the land allotted by APIIC to [...]

Lanco Hills is not the only company that finds itself in the dock over Andhra Pradesh High Court ruling that about 1600 acres of land in Manikonda in Hyderabad was owned by Wakf Board. Land allotted to various multinational companies and institutions will now be affected by this verdict. Microsoft, the Indian School of Business, Polaris, Emaar and Infosys are [...]

I f you thought that paid news is the menace peculiar to India, think again. In the communist China, the “cash-and carry-news” is the norm. If you want a flattering article about your company to be carried in “Workers’ Daily”, the Communist Party’s propaganda newspaper, you need to pay about $ 1 per Chinese character! If you desire to see [...]

AP High Court has ruled that the land given to Lanco Hills at Gachbowli belongs to Wakf Board. The property being developed by Lanco Group, owned by high profile Congress MP L Rajagopal and his brothers, has been in the news for a long time now, following the political controversy it generated. The latest decision of the High Court will [...]