TopNews

Mumbai, Feb 3 - Director-producer Karan Johar, who has made many hit films, feels that filmmakers today lack the passion and the vision that great yesteryears' directors had.

"We solely lack the passion. I don't think we have the passion, the vision and the madness yesteryear filmmakers had. I think we (the current lot of filmmakers) are too pragmatic, too practical, too commercial and too much focus on the dynamics of the movie industry."

The biggest bank in terms of home loans, HDFC said that it has raised its floating interest rates by close to 25 basis points. That being the case, loans for homes will become costlier for existing as well as new borrowers.

Following the same trend, many other banks too have raised their rates. The most prominent ones in this category are, Oriental Bank of Commerce, Indian Overseas Bank and Dena Bank besides Punjab National Bank, Allahabad Bank and United Bank, who went out for hiking their benchmark prime lending rates (BPLR).

It has been a year since the alliance between Mahindra & Mahindra and Renault ended. And this time around, it is getting to come out with something new. But the question that experts and all related to industry are asking is whether it is going to be second time lucky.

Sources close to the company have said that it is going to come out with a sports utility vehicle, Koleos by the end of October. But before that it is going to launch Fluence sedan in the country somewhere in May or June this year.

With the rising competition in the domestic market and growing interest costs, Bharti Airtel Ltd. third quarter ended on December 2010 posted a 41 per cent drop in its net profit to 13.03 billion rupees ($287 million). Last year the company had recorded a net profit of 21.95 billion rupees.

While India's largest mobile phone Company by users, Bharti has recorded a rise in revenue by 53% to 157.56 billion rupees as compared to last year’s 103.05 billion rupees.

Global alum

Nat