The upcoming animation film ‘Roadside Romeo’, a Jugal Hansraj’s venture is inspired from the stray dogs he encountered on Mumbai streets. It will be the first time that a mainstream three dimensional animation movie is made in Bollywood.

The movie which is due to hit the theatres this Friday is co-produced by Yash Raj Films (YRF) Studio and Hollywood studio Walt Disney Co while it has been visualized, executed and delivered by a 150-member team of Tata group's Tech arm Tata Elxsi.

After popular soap ‘Kahani Ghar Ghar Ki’, television bigwig Ekta Kapoor is ready to pull off air her hugely popular television soap ‘Kyunki Saas Bhi Kabhi Bahu Thi’ very soon.

According to sources, Star TV has sent a notice to Balaji Telefilms, asking them to end the long running soap by November 10.

But, Balaji Telefilms has termed the termination as a breach of contract, and has taken legal action against Star Group.

Balaji’s argument is that the agreement does not permit the channel (Star) to stop a show ahead of time.

National Mineral Development Corporation (NMDC) has decided to hike iron ore prices up to 40 per cent. NMDC is a leading state-run mining company in India. The revised prices would be implemented from Oct 1. The decision to hike ore prices is aimed to save the interests of buyers. It would insulate them from short-term market fluctuations. The steel prices may increase following the implementation of revised prices.

The chairman and Managing Director of NMDC, Rana Som said that the hike in prices is the need of the hour as production cost has increased manifolds. The public sector company can revise the ore prices as per the agreement with buyers.

Karvy Stock Broking Limited has maintained ‘buy’ rating on ICICI Bank stock with an intraday target of Rs 440.

According to Karvy, interested traders can purchase the stock between Rs 418-422 with a strict stop loss of Rs 400. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 405.
 

The shares of major sugar companies witnessed a steep downfall on Bombay stock exchange on Monday trading. The shares of Bajaj Hindustan Ltd declined Rs 5.6 and closed at 53.50. The company is the biggest refiner by sale of the country. Balrampur Chini Mills Ltd. also saw share decline of 12% which is the lowest since December 2.

The shares downfall came after the decision of UP government to hike the cane prices in the state. UP government had hiked the state administered price (SAP) of sugarcane by Rs 15 per quintal for the new crushing season. UP is the largest sugar producing state of India and many leading cane companies are located in the state.

The system abroad the IBEX, which was launched yesterday to study and click images of the edge of the solar system, is being remotely tested by the NASA engineers. It is indeed good news for everyone at NASA, that the computer onboard the spacecraft that was released from a Pegasus rocket on Sunday, is already up and functioning efficiently with its batteries fully charged.