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COLUMBIA PICTURES BEGINS DEVELOPMENT ON “BAD TEACHER 2” CULVER CITY, Calif., June 20, 2013 – Columbia Pictures is developing  Bad Teacher 2 , to be directed by Jake Kasdan and written by Justin Malen, it was announced today by Doug Belgrad, President of Columbia Pictures, and Hannah Minghella, president of Production for the studio.  Jimmy Miller, Jake Kasdan, Lee Eisenberg and Gene Stupnitsky will produce the film, and Melvin Mar will executive produce. The project is being developed for Cameron Diaz to star in the film but no deal is yet set with the actress. Commenting on the announcement, Minghella said, “Bad Teacher was a hit not just in North America, but throughout the world. We’re excited that Jake will be returning to develop and helm the sequel.  We love Justin’s take on the material – it hits all the notes that made the first film such a breakthrough hit and also takes the characters in a new direction that is fresh and fun.” When it was release...

STAR-STUDDED LINE-UP  FOR UPCOMING IIFA AWARDS 2013 IN MACAU Abhishek Bachchan, Madhuri Dixit, Sridevi, Prabhudeva and Deepika Padukone all set to take the stage at the 14 th  IIFA Awards at The Venetian Macao Mumbai, 21 st  June, 2013:   Today, the International Indian Film Academy (IIFA) revealed that Abhishek Bachchan, Deepika Padukone and Madhuri Dixit will all be performing on the IIFA stage this year. Also performing will be dance superstar Prabhudeva who will perform with Sridevi in a one-of-a-kind dance-off.  As we draw closer to the 14 th Videocon DDB IIFA Weekend, the promising line-up of performances for the IIFA Awards is sure to leave audiences mesmerized, as Indian Cinema takes centre-stage from July 4th – 6th at The Venetian Macao. Abhishek Bachchan who has performed at several IIFAs in the past will also grace the IIFA stage, having given his first international performance at IIFA 2005 in Amsterdam. Having seen phenomenal b...

Sharad Pawar calls for strengthening international research institutions and sharing knowledge to boost agriculture productivity   Rome/ June 19, 2013   Union Agriculture Minister Sharad Pawar has called for strengthening international research institutions and sharing knowledge so as to realise higher yield potential of different crops. The Minister was addressing Food & Agriculture Organization, FAO Conference in Rome.        Mr. Pawar  highlighted India’s recent initiatives in the field of agriculture have led to more than 3.5% growth in the last five years. “ We are setting new records in production of food grains year after year. It is a matter of great satisfaction that the food basket of the country has been widened with increasing share coming from relatively under developed regions” he said.  The Agriculture Minister also added that besides feeding the 17% of the population, India was able to export 20 mill...

    IIFL WEALTH MANAGEMENT LTD. ADJUDGED ‘BEST WEALTH MANAGEMENT CO IN INDIA’ AT WEALTHBRIEFINGASIA AWARDS 2013     Mumbai, June 10, 2013 - IIFL Private Wealth, one of India’s leading wealth management company, was crowned ‘BEST WEALTH MANAGEMENT CO. IN INDIA’ at the inaugural WealthBriefingAsia Awards 2013 .  One of five firms to be shortlisted in the BEST WEALTH MANAGEMENT CO. IN INDIA (>50 employees) category, the triumph is yet another milestone in the company’s drive to be recognised as one of the pre-eminent players in the wealth management industry.   Showcasing ‘best of breed’ providers in the global private banking, wealth management and trusted advisor communities, the awards were designed to recognise companies, teams and individuals which the prestigious panel of judges deemed to have ‘demonstrated innovation and excellence during 2012’.  Stephen Harris, publisher of WealthBriefingAsia presented the awards during a gli...

Special Premiere of Marathi film “Chandi”  based on  the celebrated works of P L Deshpande to be held P.L.Deshpande is one of the most celebrated litterateurs in Marathi literature and now comes a film “Chandi” based on of his popular short stories Mhasis. On June 12 P.L.Deshapande ‘s   birth anniversary, the producer of the film, Prabhakar Films will hold a special premiere of the Film with the cast & crew. The film will have live footage of Deshpande talking with the help of special graphics. The main character in the film is a cow and with the help of spectacular special effects the cow forms an intrinsic part of the film. The film stars Bhalchandra Kadam, Vaibhav Mangle, Kishore Nandlaskar, Vikas Samudre, Santosh Pawar, Chetan Dalvi, Sanjeevani Jadhav, Kishori Ambiye, Deepak Shirke, Uday Sabnis, Pradeep Patwardhan, Ganesh Divekar and Veteran Ramesh Deo. The film has been shot in goa and konkan locales. The writer of the film is Anil Pawar and dir...

  SIDBI commits Rs. 10-cr to DICCI SME Fund for Dalit entrepreneurs   Becomes the first FI to support the DICCI SME Fund created to support SC/ST/ Dalit entrepreneurs   Mumbai, June 6, 2013: SIDBI, the apex financial institution for promotion, financing and development of Micro, Small and Medium Enterprises (MSMEs), has become the first financial institution (FI) to support the first-of-its-kind DICCI SME Fund for investment in companies promoted by SC/ST entrepreneurs.     In the presence of Union Finance Minister Shri P. Chidambaram, SIDBI’s Chairman and Managing Director Shri Sushil Muhnot handed over a commitment letter to Shri Milind Kamble, Chairman of DICCI (Dalit Indian Chamber of Commerce & Industry) contributing Rs. 10 crore to the Rs. 100-crore corpus of DICCI SME Fund. The Fund will be largely ‘sector agnostic’ and will be investing in high growth companies (promoted by SC/ST/ Dalit entrepreneurs) that are SMEs;  members...

Mumbai / June 6 2013   Fiscal deficit target of 4.8 per cent easily achievable : Chidambaram   Finance Minister P Chidambaram has expressed confidence that fiscal deficit target of 4.8 per cent during 2013-14 can be easily achieved.  Addressing the Annual General Meeting of the Indian Banks’ Association, IBA in Mumbai today, Mr Chidambaram said, “we have been able to lower the fiscal deficit from 5.3 per cent to 4.9 per cent. This has been achieved through substantial fiscal tightening in the second half of last year.”  He said the government hopes to achieve the fiscal deficit target without compressing expenditure, but by expecting investments to pick up in remaining three quarters of the year. Mr. Chidambaram also said that there is no cause for concern over the fall of the Indian Rupee as the capital inflows were strong. “I think the Rupee will stabilize and find its correct level” he said on the sidelines of the IBA AGM.     Current Accou...