Why Kattappa Apologised? For ‘Bahubali 2’ Release in Bengaluru

Bowing to the threats from pro-Kannada activist Vatal Nagaraj and others, Tamil actor Sathyaraj has tendered his apology for his remarks purportedly to hurt the sentiments of Kannadigas made nine years ago as they came in the way of release of Bahubali 2 on Friday in Bengaluru. The immediate need for apology came when pro-kannada activists threatened to observe bandh ...

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IMF Brings Down India Forecast Post-Demonetisation

IMF Managing Director Christine Lagarde on Thursday said India growth forecast has been revised down to 7.2 percent for 2017 due to the impact of demonetisation, which had affected the credit lines and repayments situation in rural areas. Addressing a press conference, Ms. Lagarde said, "We had slightly revised down our projection as a result of the demonetization process that ...

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Boycott Kattappa, his film ‘Bahubali 2’ on April 28: Pro-Kannada Activist Vatal Nagaraj

Not deterred with the heavy crackdown during the Cauvery water sharing issue, sidelined pro-Kannada activist Vatal Nagaraj is now up in the arms against the film Bahubali 2, set for relase on April 28. The issue is some remarks on Kannadigas by Sathyaraj, who dons the role of much-popular Kattappa, without whom Bahubali 2 could not have revived the frenzy ...

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UFO Afficianados Find Super City Ventilation Roof on Mars, not Crater

Undeterred by NASA’s silence, UFO afficianados have ramped up another theory that the honeycomb formations surrounding a Martian crater image by NASA’s Mars Reconnaissance Orbiter are not eroded sand dunes, but the superstructure of a ventilation roof for an underground city inhabited by tiny aliens. NASA had described it as a heavily eroded mesa in Noctis Labyrinthyuson, in the western ...

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What Kills Earthlings Most When Asteroid Strikes? This Model Has Answer!

When an asteroid strikes Earth, which of its effects –scorching heat, flying debris, towering tsunamis — would claim the most lives? A new study says violent winds and shock waves are the most dangerous in such calamity. The study explored seven effects associated with asteroid impacts–heat, pressure shock waves, flying debris, tsunamis, wind blasts, seismic shaking and cratering–and estimated their ...

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New Lease of Life for Spandana Sphoorty Microfinance, Raises $270 Million

After 7 years of virtual hibernation, Hyderabad’s Microfinance lender Spandana Sphoorty Financial Ltd has raised $270 million of funding, to bail it out from the corporate debt restructuring cell (CDR). While $100 million will be in the form of equity from a Kedaara Capital-led consortium including Ontario Teachers’ Pension Plan, and the rest in the form of debt capital from ...

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Inditrade Forays Into Wholly Digital Microfinance, Opens Solapur Branches

Microfinance is catching the attention of major investors ranging from Ratan Tata to Ananya Birla and now a fully integrated tech-based microfinance provider is appearing in the horizon promising only online service to customer removing host of field officers, which may make it attractive to urban poor and low-income households. Inditrade, hitherto confied to financial services, has unveiled a new ...

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SAVI Laser Camera to Replace Long Lenses to Capture Distant Photography: Indian Origin US Scientist

Two US university labs have developed a unique camera that can ditch the long lenses ore even telescopes to capture distant images, using holography technique called SAVI. It employs a single beam, multiple images and sophisticated software to capture detailed images from a distance. The technique stands for ‘Synthetic Apertures for long-range, subdiffraction-limited Visible Imaging’ and it uses coherent light ...

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