Here’s good news for Prabhas fans.

The keenly awaited film of Prabhas, named as ‘Billa’ is all set to hit the silver screens on April 3.

Billa is considered to be the remake of a Tamil film under the same title.

However, some film experts do believe that the Telugu ‘Billa’ would be much more classy and impacting than that of Tamil one.

The audio release of the film starring Prabhas and Anushka was launched recently at Hyderabad.

Intelligent Mechatronic Systems' (IMS) iLane is the first in-car gadget that reads out e-mails and answers to the voice to draft a reply.

iLane, a portable smartphone-compatible device, features a synthesised female voice that aware users when they receive a new email, and reads out the message.

The compact device, which can be mounted on a dashboard, sun visor or air vent, gives drivers the ability to manage their smartphones without using their hands.

Industry body, Federation of Indian Chamber of Commerce and Industries (FICCI) asked for lower interest rates in the range of 7 to 8 per cent for infrastructure projects in the country, blaming high lending rates a major cause of stagnation in the growth rate.

FICCI Chairman, Harsh Pati Singhania, while addressing the inauguration summit on infrastructure, said, "The rise in interest rates for project financing in the country have increased and are jeopardizing the financial viability of projects under the PPP mode."

Market regulator Security and Exchange Board of India plans to introduce new derivative products like lower-value contracts on individual stocks in the domestic derivative market in a bid to encourage retail investors in the option and future market.

U. S.-based iGate Corp has decided not to go for acquisition of 51 per cent stake in the fraud-hit Satyam Computer Services, leaving three firms L&T, Spice Corp and Tech Mahindra in the acquisition race, who submitted their expressions of interest (EoI) for the acquisition on Friday.

Government appointed board of Satyam Computers would discuss the matter on Saturday. The board would analyze the presentations made by firm's appointed investment bankers Goldman Sachs and Avendus to evaluate the financial positions of firms who submitted expression of interest by Friday.

State-run Indian Oil Corporation (IOC) has proposed a 50:50 partnership to operate 1432 closed petrol pumps of Reliance Industries (RIL), having 15 per cent fuel market share by the closing date of March 2008.

Other firms including Royal Dutch Shell, Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) have also shown interest in partnership with Reliance.

The private firm suffered huge losses in early 2008 due to difference in retail price of petrol and diesel sold by public sector oil companies and other private firms leading to closure of RIL's petrol pumps.