The income tax department has sought to prosecute Reliance Group chairman Anil Ambani under the Black Money Act for allegedly evading Rs 420 crore in taxes on undisclosed funds worth more than Rs 814 crore held in two Swiss bank accounts.

Fresh off the OTT oven, Sukanya Verma picks 10 hot new treats for you.

'Visibility is very important, but visibility is also very expensive.' Swapnil Joglekar explores the Parasite phenomenon.

While RCom owes Indian banks close to Rs 45,000 crore, Ambani has lost close to $408 million of personal wealth year-to-date until Tuesday.

Participant Media led by Jeff Skoll and Entertainment One, a leading US-based media company, are also part of the joint venture.

In January, the company had decided to hand the charge of M&A to Suri.

Sikka reinforces focus on automation & artificial intelligence

Sources said the spin-off, a joint venture company, was yet to be named.

This will be Infosys' first investment from its innovation fund dedicated to start-ups and emerging technologies.

Ever since India became a force to reckon with in software services, doing for clients what they want done, the big void that has been constantly talked about is its absence from the space of software products - those over which you own intellectual property rights.

The company, which is the biggest stakeholder in DreamWorks Animation Studios, is in talks with bankers to identify and acquire up-and-coming mobile game studios in North America and Europe to boost sales

Sikka says tools like automation, artificial intelligence or natural language processing are technological innovations which are aimed at amplifying the human potentials further.

Users of Note 3 can easily stay a bit longer with their devices and wait for price cuts, as Note 4 doesn't bring enough killer features onboard to qualify for an automatic and an immediate upgrade.

'One take may be completely different than the one before. That's why he keeps you on your toes... Every time I was with him I was learning something,' Indian-American actor Manish Dayal tells Aseem Chhabra/Rediff.com

How To Train Your Dragon 2 is a decidedly darker, deeper follow-up to the original, says Sukanya Verma.

In the next few weeks, the Bombay High Court will hear the institute's petition to review its 2011 directive to vacate the land it occupies in Film City.

We will do 7-8 high-end games for global markets every year, Manish Agarwal, CEO, Reliance Games

There is never a single dull moment in The Croods, writes Sukanya Verma.

He will look at early stage software, Internet, and tech companies.

The award-winning filmmaker is on a two-day trip to India.

Here's a look at the most entertaining bits at the 2013 Golden Globes.

Ang Lee's Life of Pi and Steven Spileberg's Lincoln, produced by Anil Ambani's Reliance-Dreamworks emerge as frontrunners in Oscar 2013 race.

Hollywood films like Skyfall and Life Of Pi have done some unprecedented business at the box office.

With a promising opening at the box office, the film looks poised to embark on its Oscar journey.

The film is essentially Freaky Friday pretending to be Mulan: and both those Disney productions were decidedly more entertaining.

With the summer vacations just concluding, Madagascar 3: Europe's Most Wanted is a film that you want to hurry up and watch with the kids before their school-bus begins pulling up outside your home again.

The film could have been better had it been for some better animation and music.

Reliance Entertainment, a unit of the Anil Ambani-led ADA Group, is expected to give $ 200 million to Hollywood director Steven Spielberg's DreamWorks Studios, a deal which will extend a new financial lease of life to the struggling California-based film company.

While The Artist has worked remarkably so far, Hugo is poised to just about break even with the win.

The Descendants and The Artist BO collections have picked up ever since the 2012 nominees were announced.

Arthur J Pais predicts the Oscar nominations.

The Iron Lady has already grossed $5 million!

The Help was one of the big winners.

But watch it without making any comparisons.

Both films have occupied the top spot in the world and US box office respectively.

We take a look.

The filmmaker talks about his new film Real Steal starring Hugh Jackman.

Even if The Help flops abroad, it will surely be a profitable film because of its (comparatively speaking) low cost and a solid run in America and Canada.

Cars 2 has more appeal for adults than the first one but in the process, it might lose some very young viewers.

The last of the major Oscar nomination contenders this year, True Grit is often discussed as a remake of the 1969 hit Western that fetched an Oscar to John Wayne. But Coen brothers insist while the plot line is same as in the previous True Grit, and both films are based on a well-reviewed novel by Charles Portis, they went directly to the source. Their film is seen through the eyes of the young girl, unlike in the 1969 film.