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More news →'Krrish' Jump Lands a Youth in Hospital
Hrithik Roshan's superman saga 'Krrish' released amidst a hysterical response from the masses. The crowds are going delirious by watching the super antics of the man-in-the-mask as he runs like a cheetah, flies like a superman, dresses like a Batman and webs his magic in a typical Spiderman manner. One fan in Abhishek Cinema Hall in Khanwa, a small town in Madhya Pradesh got a bit carried away as he jumped from the balcony of the cinema hall in the stalls attempting a 'Krrish' flight. This is just the beginning of 'Krrish' mania as the kids are going berserk over the first Indian Superhero. Police in Khandwa are not impressed by the super jump of this young fan and plan to book him for attempted suicide once he is out of the hospital where he is being treated for a fracture in the leg. 'Krrish' has been given a Thumbs Up by the cine going public and in the process they have made fun of the copybook critics who've more-or-less panned the film in general. There's no doubting the fact that Rakesh Roshan clearly aimed his film towards the kids and he has succeeded in a big way. Earlier, MusicMazaa had reported that around 870 prints are being released, but due to the overwhelming demand, over 1000 prints had to be released including the dubbed versions in South Indian Languages as well. 'Krrish' is a blockbuster of the highest magnitude. Come Soccer, rain or thunder, 'Krrish' shall find a way to touch his fan base.
Bajaj Auto sales jump 22 percent in February
Two and three-wheeler maker Bajaj Auto Monday reported 22 percent rise in its sales at 326,874 units in February against 266,678 units in the like period of the previous year. The company’s motorcycle sales jumped 22 percent for the period at 286,657 units, compared to 234,623 units a year ago. “The bigger and sportier Pulsar and Discover brands constituted 67 percent of the total motorcycle sales,” the company said in a statement. The commercial vehicles segment, consisting of three wheelers, exceeded expectations with an 18 percent rise at 40,217 units against 33,968 units in the same period last year. Exports grew 32 percent to 102,433 vehicles last month from 77,642 units in February 2010.
Facebook shares soar as mobile drives big jump in ad sales
Facebook Inc (FB.O) smashed investors' expectations with a 52-percent jump in quarterly revenue as it sold more ads targeted at a fast-growing number of mobile users, sending its shares sharply higher after hours. The world's biggest online social network bucked the trend of underwhelming tech results from Apple Inc and eBay Inc, in the face of economic uncertainty around the world and a strong U.S. dollar depressing the value of overseas sales. "It's phenomenal at these (currency headwind) levels that they're accelerating to that level of growth," said Rob Sanderson, an analyst at MKM Partners. Facebook's dominance in mobile advertising helped to allay Wall Street concerns over its heavy investments in messaging service WhatsApp and virtual reality unit Oculus, which have not yet generated profits. "I don't think there's going to be too many people crying for them to start monetizing other properties anytime soon because the core business is so strong," said Sanderson. Facebook shares rose almost 12 percent in after-hours trading to $105.32. They were helped by Chief Financial Officer David Wehner's comment on a call with analysts that he expected operating expenses to increase by 30 to 40 percent over the course of the year, a slower clip than last year. Total revenue rose to $5.84 billion from $3.85 billion a year earlier, with ad revenue increasing 56.8 percent to $5.64 billion in the holiday shopping period, when spending on advertising typically spikes. Excluding some items, the company earned 79 cents per share. Analysts on average had expected earnings of 68 cents per share and revenue of $5.37 billion, according to Thomson Reuters I/B/E/S. Apart from focussing on mobile, Facebook has been ramping up spending on what it calls "big bets," including virtual reality, artificial intelligence and drones to connect the remotest parts of the world to the Internet. Chief Executive Mark Zuckerberg, who returned from two months of paternity leave on Monday, has said virtual reality represents the next major computing platform. In January, Facebook began taking orders for a consumer version of the Oculus Rift, a head-mounted virtual reality unit. The company has also begun monetizing some of its other units, such as photo-sharing app Instagram, which surpassed 400 million users last year and began selling ads in September. Facebook said mobile ads accounted for 80 percent of total ad revenue in the quarter, compared with about 78 percent in the third quarter and 69 percent a year earlier. "It's much stronger ad growth than we were expecting," said Ken Sena, an analyst at Evercore ISI. Facebook's service is not available for users in China but it can sell ads to companies there. "It signifies the importance of what they're providing to advertisers," he said. "They're making big investments and evidenced by their quarterly performance it seems to be working." The company, which has the world's most popular smartphone app, has also been benefiting from a surge in video views that has attracted advertising dollars. Facebook said it had 1.59 billion monthly active users as of Dec. 31, up 14 percent from the end of 2014. Of those, 1.44 billion used the service on mobile devices, an increase of 21 percent. Analysts had expected the company to report 1.58 billion monthly active users, with 1.43 billion accessing the service through smartphones and tablets, according to market research firm FactSet StreetAccount. Up to Wednesday's close at $94.45, Facebook's stock had risen nearly 25 percent in the past 12 months. (Reporting by Abhirup Roy in Bengaluru and Yasmeen Abutaleb in San Francisco; Editing by Ted Kerr, Stephen R. Trousdale and Bill Rigby)