The young able director Rohit Shetty is all set for the release of his upcoming film "Golmaal returns," a comedy movie, the sequel to "Golmaal".

The film cast includes Ajay Devgan, Arshad Warsi, Shreyas Talpade, Tusshar Kapoor, Kareena Kapoor, Anjana Sukhani, Amrita Arora and Celina Jaitley.

The film revolves around the story of a housewife (played by Kareena Kapoor) who is addicted to soap opera serials.

The increasing problems for the Indian Carriers due to rising expenses, especially the rise in aviation fuel recently initiated an unwanted episode of firing of employees.

Following this, the owner of Kingfisher, Vijay Mallya approached the Parliament and Naresh Goyal of Jet Airways knocked the door of finance minister P Chidambaram with the aim to get tax relief for airlines.

“Job cuts and layoffs coupled with high aviation turbine fuel (ATF) prices and larger taxes can affect in the number of flights which is likely to go down,” reported Mallya.

On Monday, Nvidia unveiled two motherboard graphics processors that included the desktop version of the integrated GPU in the latest Apple MacBooks.

The processors dubbed as the GeForce 9400 and 9300 are created for the Intel platform.

Nvidia explained, “The 16-core chips enable mainstream PC users to play the latest PC games and play high-definition Blu-ray video.”

It was also learnt that the 9400 is actually the desktop version of the 9400m.

Minister of Communications and Information-Technology, A Raja has indicated that the much waited auction of third generation (3G) spectrum could be delayed by 10-15 days.

The auction, which was initially planned to be held in December this year, has now been deferred to be conducted on January 2009.  

Speaking on this, Mr. Raja said, “We will try to complete it by December 31. However, because of Christmas and holidays, we could postpone it for another ten days. However the deadline is December 31, subject to a little changes.”

Indian equities continued to trade in the negative terrain on fears over lower earnings.

The 30-share index BSE Sensex ended on a highly negative note yesterday with some major corporate houses declaring disappointing quarterly figures.

Asian markets weighed the depressing outlook. Realty, metal, IT, oil & gas and power stocks that had bounced back fairly strongly yesterday after recent huge losses, are back in the red again on account of heavy selling action.

BSE Midcap and Smallcap declined 2.02% and 1.59% respectively.

In the ongoing Indian Cricket League 20s Indian Championship, Chennai Superstars on Tuesday defeated Hyderabad Heroes by 18 runs at Sardar Patel Stadium. Chasing a victory target of 161 runs in the allotted 20 overs, Hero’s led by Chris Harris could score only 142 runs for the loss of 9 wickets.