TSMC has optimistic predictions of 300 million 5G phones being sold next year

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Besides the premium chipsets, orders for 5G modems are keeping Taiwan Semiconductor Manufacturing Company (TSMC’s) 7nm fabs running at full capacity. This has lead the company to conclude that the demand for 5G smartphones next year will reach 300 million units.

The info comes from a leaked internal report and is much more optimistic than what others are predicting – they say 200 million units or less. Either way, it will be a major increase in demand compared to this year.

Strategy Analytics estimates that 5G smartphones will make up only 1% of total sales this year.

Next year, the number will be 10 times bigger. Five years from now almost half of the phones sold will have 5G connectivity.

What’s stopping most consumers from jumping on the 5G bandwagon today is the cost of devices as well as the relatively sparse coverage.

But more affordable devices are on the way and carriers are constantly rolling out 5G to new cities.

Currently, Samsung is the market leader thanks to strong sales in its home country of South Korea. However, Huawei is predicted to ship 80 million 5G phones in China next year – that would be half of all shipments as Strategy Analytics estimates a total of only 160 million.

Anyway, Samsung has only 1% market share in China so it will likely have to find other regions to sell its 5G phones.

List of all Xiaomi phones getting the MIUI 11 Firmware update

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Xiaomi has announced a full list of smartphones that will receive the latest version of its custom firmware, MIUI 11.

The update has been scheduled in four phases for now, and include phones from over the past two calendar years.

While this is considerably lesser than the longevity of firmware updates often rolled out by other brands, two years represents nearly four smartphone life cycles for Xiaomi

Phases Of MIUI 11 OTA Updates:

Phase 1: All OTA updates in the first phase will be issued between October 22 and 31. The devices in this list include Redmi 7, Redmi Y3, Redmi Note 7, Redmi Note 7s, Redmi Note 7 Pro, Redmi K20 and the Poco F1.

Phase 2: All updates are slated to roll out between November 4 and 12. Devices in this list include the Redmi K20 Pro, Redmi 4, Redmi 5/5A, Redmi 6/6A/6 Pro, Redmi Note 4, Redmi Note 5/5 Pro, Redmi Y1/Y1 Lite, Mi Mix 2 and Mi Max 2.

Phase 3: The penultimate phase will run from November 13-29. Devices part of this update cycle include Redmi 7A, Redmi 8/8A, Redmi Note 6 Pro and Redmi Note 8, which has been launched only earlier today.

Phase 4: This includes only the Redmi Note 8 Pro, which has a long wait till any time between December 18 and 26.

Hyderabad Metro Creates A record of Commuting 3.80 Lakh Passengers

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Metro Rail is creating new record wherein it has commuted 3.80 lakh passengers on Monday thus breaking the previous record of 3.75 lakh commuters.

Metro Rail is creating new record wherein it has commuted 3.80 lakh passengers on Monday thus breaking the previous record of 3.75 lakh commuters. Monday’s congestion reached 3.80 lakh. In the wake of the RTC strike, the majority of people are opting for metro travelling. On the other hand, the Metro rails officials had increased the metro trains. Metro trains are crowded on multiple routes from 6 am to 11.30 pm.

HMR MD NVS Reddy said the congestion at LB Nagar, Dilsukhnagar, MGBS, Nampally, Ameerpet and Miyapur stations on the LB Nagar-Miyapur route had increased exponentially. “Nagol, Uppal, Tarnaka, Mettuguda, Secunderabad, Begumpet and High-tech stations on the Nagol-Hi-Tech city route are overflowing with a record number of passengers,” he said. On Monday, the number of entry and exit passengers was doubled compared to regular days at the respective stations. Separate ticket counters and additional staff have been set up at the respective stations for the convenience of passengers. The officials are running trains for every three to five minutes on the crowded routes.

Hyderabad: Tension prevails at Kukatpally after RTC bus rams into another

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Tension prevailed at Kukatpally Y-junction after a TSRTC bus rammed into another from the rear on Monday.

Tension prevailed at Kukatpally Y-junction after a TSRTC bus rammed into another from the rear on Monday. Passengers inside the bus were feared dead and thrashed the bus driver Rasool. They attacked the driver alleging that he drove the vehicle in an intoxicated state. The incident has led to a heavy traffic jam between Kukatpally and Moosapet. However, the traffic police cleared the road and arrested the driver.

Meanwhile, the TSRTC strike is continuing for the tenth day. According to the schedule announced by the RTC unions, the JAC is likely to hold public meetings today, Rasta Roko on October 15, rallies on October 16, Dhoom-Dham (protest by cultural teams) on October 17, bike rallies on October 18 and state-wide bandh on October 19. All parties expressed solidarity with the bandh.

TRS never promised to merge RTC with government: Ajay Kumar

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Transport minister P Ajay Kumar on Saturday said that the government will not call the workers for talks and added that government will fulfil it’s responsibility towards the public transport by taking a policy decision on the cabinet meeting.

Transport minister P Ajay Kumar on Saturday said that the government will not call the workers for talks and added that government will fulfil it’s responsibility towards the public transport by taking a policy decision on the cabinet meeting. The minister said that workers boycotted the talks. The employees reported to duties at 6 pm on October 5 only will be considered as employees and remaining will treated as absconding. The minister said government will soon take a decision on salaries of September month. Ajay Kumar said TRS never promised to merge RTC with government. On a question about the employees not attending duties, the minister said state cabinet will take a decision.

TSPSC releases TRT SGT selection list

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The Telangana State Public Service Commission (TSPSC) has released the selection list of Second Grade Teacher posts (Telugu medium) which is based on the Teacher Recruitment Test (TRT).

The Telangana State Public Service Commission (TSPSC) has released the selection list of Second Grade Teacher posts (Telugu medium) which is based on the Teacher Recruitment Test (TRT). The list of 3,325 candidates was updated on the official website of TSPSC — tspsc.gov.in. The TSPSC has taken relinquishment from the candidates upon the directions of the High Court and announced the list on Friday. Out of the total 3,786 vacancies, the selection list of 3,325 candidates was released. However, the results for 270 physically Handicapped(PH) vacancies will be released on the receipt of interchangeability in the PH categories from the Education department. In a release, TSPSC also said that the result of 117 vacancies was put on hold due to court cases and the remaining 74 vacancies were not filled due to the non-availablity of the eligible candidates.

RTC workers attempt to lay siege to MLA Gampa Govardhan house in Kamareddy

Kamareddy: RTC workers on Friday tried to lay siege the house of Kamareddy MLA Gampa Govardhan here. Earlier, along with the leaders of Telangana Teachers Union, who extended their support to the strike, the RTC staff took out a rally from bus stand to the MLA’s house, passing through several streets and they raised slogans against the State government and Chief Minister K Chandrashekar Rao.

They formed human chain in front of the bus stand and performed Bathukamma dance. Their protest continued for one hour leading to traffic jam. From there, they went to the MLA’s house as a rally and as the MLA was not there in the house, they submitted a petition to the house gate. The RTC workers criticised that the Chief Minister is conspiring to privatise the public transport system. Speaking on the occasion, the Teachers Union leaders said that the RTC workers are not alone in their strike and they will support them. They demanded the CM to respond to the RTC workers’ strike immediately and to address their legitimate demands.

Hyderabad: Constable booked for killing wife

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The Amberpet police have registered a case against a constable for allegedly killing his wife here on Friday.

The Amberpet police have registered a case against a constable for allegedly killing his wife here on Friday. The police are looking out for the accused who has gone absconding. Abdul Rashid had got married to Naushid Begum (23) in 2013 and the couple has two kids. It is learned that Rashid used to quarrel with her wife suspecting her fidelity. On Friday, the accused picked up an argument with his wife and attacked her with a sickle, in a fit of rage. Naushid succumbed severe injuries on the spot. Meanwhile, the house owner noticed the victim lying in a pool of blood and informed the police who rushed to the spot and examined the place.

Gold Awards 2019: Winners list

The 12th Gold Awards have taken place in Mumbai amongst the creme of the crème de la crème stars from the small screen.

It was hosted by Nakuul Mehta, along with Barkha Sengupta and Paritosh Tripathi. The big winners of the night included ‘Yeh Rishta Kya Kehlata Hai’ stars Mohsin Khan and Shivangi Joshi. There was further good news for Rajan Shahi’s second show ‘Yeh Rishtey Hain Pyaar Ke’ with lead actors Shaheer Sheikh and Rhea Sharma taking home the Best Couple award. Karan Singh Grover and Hina Khan also won big for their roles in ‘Kasautii Zindagii Kay’.

Gold Awards 2019: Winners list

Best TV Show Fiction

Kundali Bhagya & Yeh Rishta Kya Kehlata Hai

Milestone Longest Running Show

Yeh Rishta Kya Kehlata Hai

Best TV Show Comedy

The Kapil Sharma Show

Best Actor Male (Popular)

Mohsin Khan & Dheeraj Dhoopar

Best Actress Female (Popular)

Shraddha Arya & Shivangi Joshi

Best Actor Male (Critics)

Pearl V Puri

 

Best Actor Female (Critics)

Erica Feranandes

Best Couple

Rhea Sharma & Shaheer Sheikh

Best Actor In A Negative Role Critics (Male)

Sanjay Gagnani

Best Actress In A Negative Role Critics (Female)

Helly Shah

Best Actor In A Negative Role Popular (Male)

Karan Singh Grover

Best Actor In A Negative Role Popular (Female)

Hina Khan

Best Stylish Male

Zain Imam

Most Stylish Diva

Surbhi Chandna & Erica Fernandes

Most Fit Actor (Female)

Hina Khan

Most Fit Actor (Male)

Karan Wahi

TV Personality Of The Year

Hina Khan

Best Anchor

Arjun Bijlani

Best Supporting Male (Critics)

Karan Khanna

Best Actor In A Supporting Role (Female)

Mugdha Chaphekar

Best Supporting Actor Male Popular

Ritvik Arora

Gold Debut Award In A Lead Role (Male)

Sumedh Vasudev Mudgalkar

Best Child Actor

Aakriti Sharma

Best Hair Male

Arjun Bijlani

Best Hair Female

Krishna Mukherjee

Rising Star From TV To Film

Mrunal Thakur & Avika Gor

Best Debutante Female

Reem Shaikh

The metro authority said that the picture was old and that it had been rectified.

Photos of a large crack on the wall of a metro station in Hyderabad surfaced on social media on Thursday, leading to panic after a woman died last month at a metro station. In an appeal to commuters, the Hyderabad Metro Rail Limited (HMRL) said that there was no reason to panic.

Posting an image of the crack, one Twitter user said, “Poor quality of construction of Hyderabad Metro was once again exposed at Prakash Nagar Metro station.”

However, HMRL MD N V S Reddy said that the crack had already been rectified, and asked the general public not to believe the old photos that were circulating on social media.

Some old pictures of surface crack rectification works etc, are being posted and circulated by some persons. As I mentioned, we are closely monitoring the rectification works by L&T and there is no need for pressing the panic button,” Reddy tweeted.

The metro authority said that the picture was old and that it had been rectified.

“At some places, the plaster is thicker, and at such places, the plaster and surface cracks are being removed and rectified by six L&T teams during the night, with boom lifts and other equipment, without obstruction to traffic,” he added.

Last month, the death of a 24-year-old woman who was standing under a metro station had caused wide outrage. Mounika was taking shelter from the rain at the pedestrian zone under the Ameerpet metro station when a chunk of mortar from the station fell on her.

Larsen and Toubro (L&T) had agreed to pay Rs 20 lakh as compensation to the victim’s family, besides another Rs 15 lakh from an insurance company and offered a job to a family member.

The Commissioner of Metro Rail Safety (CMRS) also initiated a probe into the incident. Municipal Administration and Urban Development Minister KT Rama Rao ordered an inquiry to check the quality of metro rail structures.

Depressed over losing job, TSRTC driver dies of heart attack in Hyderabad

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TSRTC driver dies of a heart attack after being depressed over losing his job The Telangana Jathiya Mazdoor Union (TJMU) demanded justice to Khaleel’s family.

A TSRTC driver died of a heart attack after being depressed over losing his job. Sheik Khaleel Mia (48), a resident of Ramachandrapuram of Sangareddy district was working at HCU depot.
He participated in the strike and was scared after the government announced its decision of sacking employees. The Telangana Jathiya Mazdoor Union (TJMU) demanded justice to Khaleel’s family.

Meanwhile, the TSRTC strike entered the sixth day demanding the organisation merger with the government. On Wednesday, JAC convenor Ashwathama Reddy said that they are ready to call for state bandh on October 19 if the government do not come down.

Hyderabad: Two fined of Rs 1 lakh each for throwing construction waste on road

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GHMC fined two people of Rs 1 lakh each for throwing waste on the road at Miyapur They further warned to take stern action against those who are violating the norms.

The officials of Greater Hyderabad Municipal Corporation (GHMC) on Wednesday fined two people of Rs 1 lakh each for throwing construction debris on road here at Miyapur. The GHMC officials noticed the debris on the road which is causing inconvenience to the public and enquired about the incident. They further warned to take stern action against those who are violating the norms.

 

Hyderabad: Turkayamjal VRO caught in ACB net

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Turkayamjal VRO caught accepting a bribe of Rs 50,000

The VRO assumed charge of office three months ago.

A Village Revenue Officer (VRO) working in Turkayamjal mandal of Rangareddy district was caught red-handed while accepting a bribe of Rs 50,000 from a realtor Jakkidi Mutyam Reddy. Reddy who bought 1.20 acres at Abdullapurmet has approached the VRO Shankar for land mutation who in turn demanded Rs 1 lakh from him. However, Reddy agreed to give Rs 75 lakh in advance and the remaining after the completion of the process. Meanwhile, Mutyam Reddy approached ACB officials who laid a trap and caught the VRO red-handed while accepting Rs 50,000. The VRO is learned to have assumed charge of office three months ago.

Today gold, silver rates in Hyderabad, and other cities – October 4

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The gold price has increased today (October 4). In the Hyderabad market, 24 carat 10 grams of gold has hiked by Rs 910 and reached to Rs 39,580.

Similarly, the rate of 22 carat 10 grams of gold is at Rs 36,360.

Hyderabad: The gold price has increased today (October 4). In the Hyderabad market, 24 carat 10 grams of gold has hiked by Rs 910 and reached to Rs 39,580. Similarly, the rate of 22 carat 10 grams of gold is at Rs 36,360. The price of silver has come down drastically by Rs 2,300. The rate of 1Kg silver is priced at Rs 45,750. The same situation exists in Vijayawada and Visakhapatnam. In the Delhi market, 24 carats 10 grams of gold is at Rs 38,950. The price of 22 carat 10 grams of gold has reached Rs 37,150. The silver cost at Rs 45,750.

My Family Sacrificed Their Lives So I could have Mine, Says Priyanka Chopra

During the promotions of her upcoming movie The Sky Is Pink, Priyanka Chopra stressed on the importance of families. She also shared how she has a strong mother-daughter relationship similar to the one shown in the movie.

As Priyanka Chopra Jonas promotes her comeback movie The Sky is Pink in full swing, she’s giving us a glimpse of her thought process about how she really felt connected to the script. The actress draws parallels between the characters in the movie with those in her own family.

Recently, she compared how the on-screen couple (played by her and Farhan Akhtar), were much like her parents who sacrificed their lives and stood by her.

The movie has taken inspiration from the life of Aisha Chaudhary, a young motivational speaker, who lost her life at 18 due to being born with immune deficient disorder. Priyanka plays the role of her mother Aditi Chaudhary. Explaining how her parents too remained by her side, she said in an interview with PTI,“My parents were like that with me. where we somehow become solitary from our families.” She added, “This is the kind of family film that reminds you, how important family is and how important the support of your family is. I found that just so beautiful, especially in the world of today.”

Zaira Wasim plays the role of Aisha. Describing her character of Aditi as a “a ferocious mom who was best friends with her daughter,” Priyanka says that she shares the same relationship with her mother Madhu Chopra and the two often go out for parties or concerts just to hang out together. She has been my best person. Seeing that in Aditi to me was as if I was playing what my mother has been to me.”

Directed by Shonali Bose, The Sky is Pink releases on October 11, 2019.

60-year-old building collapsed in Hyderabad, none hurt

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60-year-old building collapsed in Hyderabad, none hurt

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A two-storey building collapsed at Chaknawadi of Goshamahal No casualties have been reported as the people residing in it vacated it in the morning

A two-storey building out of one which is constructed 60 years ago was collapsed late on Wednesday at Goshamahal due to the incessant rainfall.

No casualties have been reported as the people residing on the ground floor vacated it in the morning. The first floor of the building touched to the ground after the ground floor collapsed around 7 pm. The residents of Chaknawadi said that construction work is being carried out at either side of the building which is said to have weakened the walls of the old building. The disaster response teams of GHMC rushed to the spot and said that the building will be razed completely today.

Dussehra Special: SCR Starts Shuttle Services Between Hyderabad and Guntur Till Holidays

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The railway department said that people travelling from Hyderabad to Guntur for Dussehra holidays would be able to avail the shuttle services for the convenience till holidays.

The railway department said that people travelling from Hyderabad to Guntur for Dussehra holidays would be able to avail the shuttle services for the convenience till holidays.

These trains will be regularly run from Secunderabad to Vijayawada. Guntur Senior DCM D Narendra Varma said the services would be available till 10th of this month. He advised those who are unable to book tickets on regular and special trains to avail the services of these regular trains. Train No. 07192 Secunderabad-Vijayawada General Train will leave at noon in Secunderabad and reach Vijayawada at 7 pm. Train No. 07193 Vijayawada-Hyderabad General train will depart at 8.15 pm and reach Hyderabad at 3 am. “The train would have 14 general coaches.” said senior DCM told.

Horoscope Today, October 03, 2019: Aries, Cancer, Scorpio, Gemini, Virgo, Libra and other signs – check astrology prediction

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Horoscope Today, October 03, 2019: Aquarius, although new commitments are on the cards, they may well not be binding. There are further developments which are yet to take place, and more information yet to come.

ARIES (Mar 21 – Apr. 20):

What you earn and what you own are two sides of the same picture. This might seem like a rather obvious statement, but it may be deeply pertinent if somebody else has their eyes on your possessions. As a matter of interest, you might also be looking at the price of an emotional tie.

TAURUS (Apr. 21 – May 21)

Some decisive aspects to your sign denote that you must have the will to start afresh. You must stand your ground if principles are involved, but may achieve most through charm and diplomacy. You also have to take a critical look at your own motives.

GEMINI (May 22 – June 21)

It’s not always easy to get your head around the facts, but you will have to do your sums and get the figures right. You’ll also have to talk to other people about your plans. Short journeys are likely, as are unexpected visits, communications and calls.

CANCER (June 22 – July 23)

You can make a fresh start, cleaning the debris out of your emotional life. Not for a very long time have you been advised to cut the bonds that have bound you so tightly. You may, if you wish, ease your way out of a burdensome responsibility or obligation you have come to regret.

LEO (July 24 – Aug. 23)

Hopefully you have already decided to alter course and opt out of a long-term commitment. However, nature abhors a vacuum, and new ties will step in to fill the gap left by the old. Exciting times lie ahead, and by this time next month you’ll be ready to say farewell to old obligations.

As you may already have found out, you have to face up to some extremely harsh situations. I am sorry if you’re under a lot of strain at the moment, but never was the old advice more true: a problem shared is a problem halved. It may even be quartered!

LIBRA (Sept. 24 – Oct. 23)
No amount of cash will compensate for a certain emotional lack. Yet it may well be useful to spend your way out of a tight situation. Don’t be afraid of other people thinking that you are flashy. That is their problem. You must get on and do what you must do!

SCORPIO (Oct. 24 – Nov. 22)
You know just how incredibly touchy other people can be. However, there’s no point in ignoring the fact, for if you tread on their toes they’ll only make your life a misery in return! Your best move is to indulge partners’ little whims – just for a while.

SAGITTARIUS (Nov. 23 – Dec. 22)
You may not take kindly to being told to wait your turn, yet that is precisely what you may have to do. A little self-sacrificing activity will do your spirit good, so put others first. Also, how about taking some time off to recharge your batteries? It could be a better idea than you think.

CAPRICORN (Dec. 23 – Jan. 20)
It’s well-known that you like a challenge. However, you probably wonder if you have set yourself an impossible task, and the stars confirm that you probably have. However, if you strive for the very best that you can manage, the results are bound to be worth the effort.

AQUARIUS (Jan. 21 – Feb. 19)
Although new commitments are on the cards, they may well not be binding. There are further developments which are yet to take place, and more information yet to come. Also, busy times are imminent, so stay ahead of the game at work. Also, if social plans are on the boil, let other people in on the secret.

PISCES (Feb. 20 – Mar 20)
You can feel quite safe about letting matters take their own course. If overseas connections are in the air, develop them now. Also, if you have a choice, then go for adventurous options. You might well discover long-forgotten or hidden talents.

Sye Raa Narasimha Reddy’ review: Chiranjeevi leads from the front in this story of valour

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A long disclaimer precedes the film, through which the makers emphasise that while the story is inspired by the life of Uyyalawada Narasimha Reddy, they do not claim historical accuracy for all the events shown in the narrative. They have used information available in the public domain and folklore, with cinematic dramatisation. This disclaimer is a smart move with which they take the leeway to narrate the story of Narasimha Reddy whose valour preceded the Sepoy Mutiny and make it larger than life, to be headlined by one of the biggest superstars of Telugu cinema, and take a populist approach to cater to his large fan base, and beyond.

The story is narrated by Laxmibai, the Rani of Jhansi (Anushka Shetty pulling off a regal cameo, the way only she can), whose army is outnumbered by the British. She narrates Narasimha’s story, urging her soldiers to draw inspiration from the man who fought till the end.

The large canvas on which the story unfolds is an aesthetic one. Rajeevan Nambiar’s production team prefers a muted colour palette that’s brought to life beautifully by cinematographer Rathnavelu, and the costumes and styling by Sushmita Konidela, Uthara Menon and team take a slightly pan-Indian approach than depicting a strictly Telugu style of attire, though the story is set in areas in and around Kurnool, like Koilkuntla and Nallamala Hills.

Sye Raa Narasimha Reddy’ review: Chiranjeevi leads from the front in this story of valour

When Amitabh Bachchan appears as Gosayi Venkanna, in a gurukul that’s set amid rolling hills and a gushing stream, it feels like a visual creation of a page from an Indian comic book. The principles he teaches young Narasimha become the foundations for the larger war.

Narasimha and more than 60 of his contemporaries were polygars, and the film’s lavish scale portrays them almost like kings. As the East India Company makes inroads, the polygars are nearly stripped off their power. The young Narasimha doesn’t like the idea of an outsider oppressing his native land and people, particularly the agrarian sector. He bides his time before he can mount a people-led fight against the British.

Intertwined into his single-minded focus of not giving up what is rightfully his, is his own personal story. He tells the dancer Lakshmi (Tamannaah Bhatia) that the subject of her art shouldn’t be confined to temples and deities, but reach and inspire people. To his wife Siddhamma (Nayanthara), who has unquestioningly adored him since childhood, he asks permission to go fight the war and not be tied down to family duties. It’s a nice touch to have him ask his wife’s consent rather than take it for granted.

Director Surender Reddy takes the cinematic liberty of equating Narasimha Reddy to Narasimha avatar in a key episode where he takes down a British officer. This entire sequence speaks of the skilful action choreography and execution.

In another segment, when Chiranjeevi questions the veracity of high taxes and asks what the British has done to deserve it, it reminded me of the eponymous lines by Sivaji Ganesan in Veera Pandiya Katta Bomman. Capping off such a situation, in true Telugu film style, is what happens next. It takes the British officer by surprise, and is capable of eliciting whistles in the hall.

Sye Raa… unabashedly plays out in the mainstream, popular format. Chiranjeevi might be introduced to the audience while in meditation, under water, but the film does all it can to play to his superstar image. You could debate if some of the conversations and slogans actually happened, or give in and see how well the crowd-pleasing format has been pulled off. Chiranjeevi leads from the front, showing that he isn’t done yet and is still a superstar. It’s one of his memorable performances too.

The film is populated with characters essayed by prominent names. And it manages to give most of them their due. Both Nayanthara and Tamannaah make an impression in their limited screen time, without ending up as pretty, ethereal-looking props.

Amitabh Bachchan’s is not a fleeting cameo. He appears at crucial junctures and is a guiding force. Kiccha Sudeep gets a part that looks tailormade for him and he breezes through it with swagger. There’s no premeditating what he’ll do when, and his eyes don’t give away anything. Vijay Sethupathi, speaking in a believable style of Tamil-laced Telugu, is the ‘Hanuman’, lending complete support to Narasimha. It’s a brief part and the actor lends his charismatic touch to it. Talking of Jagapati Babu, does he ever go wrong?

The war portions feel overdrawn, despite some ingenuity that made someone in the hall comment “did they exchange notes with Rajamouli?”. Julius Packiam’s background score and Amit Trivedi’s music try to keep the mood intact through the running time of 170 minutes. Pawan Kalyan’s voiceover too, adds weight to the legend of Narasimha Reddy.

YES Bank bonds slump by record after stock crash

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Dollar bonds of Yes Bank Ltd slumped a record 5.5 cents to 80.9 cents on the dollar.

One of India’s largest private sector lenders slumped by a record in the bond market on Wednesday, as concerns mount over the health of the nation’s finance sector amid a shadow banking crisis.

Dollar bonds of Yes BankNSE -22.71 % Ltd., which has sizable exposure to the cash-strapped shadow lenders, slumped a record 5.5 cents to 80.9 cents on the dollar on Wednesday, the lowest since the bonds were sold in 2018.

The bank is at the epicenter of rising stress in India’s credit markets, where shock defaults last year by a major infrastructure lender have led to broader strains at other shadow banks. Yes Bank’s shares collapsed about 23% on Tuesday to the lowest since 2009, amid concerns that a cleanup in corporate debt could drag on. Debt woes among India’s non-bank lenders including Indiabulls Housing Finance Ltd. have also prompted jitters for the sector.

“The stock and bonds both are reflecting investor concerns on asset quality, where slower resolutions and rising stress could continue to pose pressure,” said Diksha Gera, a Bloomberg Intelligence analyst.

A report that Yes Bank shares pledged by its co-founder Rana Kapoor, have been sold, has also weighed on the bank’s shares. The India stock market is closed today for a holiday.