News Analysis India

Tag: IT

  • Release of Priyanka Chopra Jonas-starrer ‘It’s All Coming Back to Me’ pushed to May 2023

    By PTI

    MUMBAI: Sony Pictures India on Thursday said “It’s All Coming Back to Me”, starring Priyanka Chopra Jonas and Sam Heughan, will now hit the screens on May 12, 2023.

    The release of the American romantic drama, written and directed by Jim Strouse, has been delayed several times. It was last scheduled to be released on February 10. Sony Pictures India shared the new release date of the movie on its official Twitter handle.

    “It’s a date. @PriyankaChopra, @SamHeughan and @CelineDion star in the romantic comedy #LoveAgainMovie, coming exclusively to movie theaters May 12 and featuring new music from Celine Dion,” the studio said in a tweet.

    It’s a date!!I’m starring alongside the beautiful @PriyankaChopra and the brilliant @CelineDion in the romantic comedy #LoveAgainMovie, coming exclusively to movie theaters May 12…featuring new music from Celine Dion!?!?@SonyPictures pic.twitter.com/59DPCcUjth
    — Sam Heughan (@SamHeughan) November 2, 2022
    Based on the 2016 German film “SMS fur Dich” by Karoline Herfurth, “It’s All Coming Back to Me” was previously titled “Text for You”. Priyanka features in the movie as a woman struggling to move on from the death of her fiance.

    To cope, she begins sending messages to his old phone number, which has been reassigned to a new man (Sam). The two meet and develop a connection based on their shared heartbreak.

    The movie’s new title is named after Jim Steinman’s power ballad “It’s All Coming Back to Me Now”, which was made famous by pop icon Celine Dion’s cover for her 1996 album ‘Falling Into You’.

    ALSO READ | Priyanka Chopra Jonas returning to India after three years

    Dion will star as herself in the movie and play a pivotal part in inspiring the two main characters to fall in love.

    Produced by Screen Gems and distributed by Sony Pictures, “It’s All Coming Back to Me” also stars Russell Tovey, Steve Oram, Omid Djalili, Sofia Barclay, Lydia West, Arinze Kene and Celia Imrie.

    MUMBAI: Sony Pictures India on Thursday said “It’s All Coming Back to Me”, starring Priyanka Chopra Jonas and Sam Heughan, will now hit the screens on May 12, 2023.

    The release of the American romantic drama, written and directed by Jim Strouse, has been delayed several times. It was last scheduled to be released on February 10. Sony Pictures India shared the new release date of the movie on its official Twitter handle.

    “It’s a date. @PriyankaChopra, @SamHeughan and @CelineDion star in the romantic comedy #LoveAgainMovie, coming exclusively to movie theaters May 12 and featuring new music from Celine Dion,” the studio said in a tweet.

    It’s a date!!
    I’m starring alongside the beautiful @PriyankaChopra and the brilliant @CelineDion in the romantic comedy #LoveAgainMovie, coming exclusively to movie theaters May 12…
    featuring new music from Celine Dion!?!?@SonyPictures pic.twitter.com/59DPCcUjth
    — Sam Heughan (@SamHeughan) November 2, 2022
    Based on the 2016 German film “SMS fur Dich” by Karoline Herfurth, “It’s All Coming Back to Me” was previously titled “Text for You”. Priyanka features in the movie as a woman struggling to move on from the death of her fiance.

    To cope, she begins sending messages to his old phone number, which has been reassigned to a new man (Sam). The two meet and develop a connection based on their shared heartbreak.

    The movie’s new title is named after Jim Steinman’s power ballad “It’s All Coming Back to Me Now”, which was made famous by pop icon Celine Dion’s cover for her 1996 album ‘Falling Into You’.

    ALSO READ | Priyanka Chopra Jonas returning to India after three years

    Dion will star as herself in the movie and play a pivotal part in inspiring the two main characters to fall in love.

    Produced by Screen Gems and distributed by Sony Pictures, “It’s All Coming Back to Me” also stars Russell Tovey, Steve Oram, Omid Djalili, Sofia Barclay, Lydia West, Arinze Kene and Celia Imrie.

  • Priyanka Chopra’s Hollywood film ‘It’s All Coming Back to Me’ to release in February 2023

    By ANI

    WASHINGTON: Priyanka Chopra-starrer ‘It’s All Coming Back to Me’ is all set to hit theatres on February 10, 2023.

    Initially titled ‘Text For You’, the film is based on the 2016 German film ‘SMS fur Dich’ by Karoline Herfurth, Variety reported.

    In the project, Priyanka will be seen playing the role of a woman struggling to move on from the death of her fiance. To cope, she begins sending messages to his old phone number, which has been reassigned to a new man, played by Sam Heughan. The two meet and develop a connection based on their shared heartbreak.

    Celine Dion is also a part of ‘It’s All Coming Back to Me’, which is named after Jim Steinman’s power ballad ‘It’s All Coming Back to Me Now’.

    Apart from ‘It’s All Coming Back to Me’, Priyanka will also feature in the Russo Brothers’ ‘Citadel’ show. 

  • ‘It’ prequel series ‘Welcome to Derry’ is in the works at HBO Max

    By PTI

    LOS ANGELES: American streamer HBO Max is developing a prequel series to hit horror film “It”.

    According to Variety, the series is tentatively titled “Welcome to Derry” and comes from Jason Fuchs, who will write and serve as executive producer.

    “It”, which was released in 2017, was based on Stephen King horror novel and followed the story of seven outcast children from Derry, Maine, who are terrorized by Pennywise the Clown.

    Andy Muschietti had directed the film and its 2019 sequel “It: Part Two”.

    “Welcome to Derry’ will begin in the 1960s in the time leading up to the events of the first film.

    It will serve as an origin story of Pennywise the Clown, which was played by actor Bill Skarsgard in the two movies.

    Muschietti and his sister Barbara Muschietti will executive produce through their Double Dream production company.

    Warner Bros Television is the studio behind the project.

  • Revenue Secretary bats for higher tax on long-term capital gains

    By Express News Service

    NEW DELHI: Revenue secretary Tarun Bajaj has questioned the rationale for only 10 per cent tax on long-term capital gains.

    “As much as Rs 95,000 crore was made in long-term capital gains tax in 2019-20. Out of which 92 per cent was made by people with over Rs 15 lakh annual income and 80 per cent by those with more than Rs 50 lakh annual. How can we justify 10 per cent tax on long-term capital gains, when the whole world is moving towards 20-30 per cent tax,” said Bajaj in an event in New Delhi on Saturday.

    He also reiterated the need for new tax law to make the rules simple. “The first Income Tax Act came in the 1860s, the second came in the early 1900s and the third Income Tax Act came in 1961. Perhaps this is the right time to write a new tax law,” the revenue secretary said in an event organised by the Tax India Online (TIOL) Knowledge Foundation.

    He said that some efforts were made in recent history (to overhaul the tax rules), but those efforts did not bear fruits. He said this time sincere efforts should be made to rewrite the tax laws.

    Talking about the complex tax rules in the country, Bajaj said if tax laws in the country are complex it is not entirely the fault of bureaucrats and the policymakers; it is also the fault of various lobbies who ask for tax exemptions every now and then. “The government has to agree to some of these demands,” he reiterated.

    The revenue secretary called for support from tax professionals and taxpayers to remove various exemptions offered to select groups/businesses to make the tax laws simpler.

    Talking about different rules for capital gains tax for different asset classes, Bajaj said there is no logic for having different time frames and tax rates for different assets.

    He rued the fact that the industry and tax professionals, instead of asking for the removal of different exemptions, they come up with the demand for new exemptions.

    Citing the example of the new income tax regime, which has lower tax slabs and no exemptions, the revenue secretary said unless the old tax regime is disincentivised, the new tax regime would not take over.

  • CM Patel launches new IT policy as Gujarat prepares for technological revolution

    AHMEDABAD: Chief Minister Bhupendra Patel announced a new Gujarat IT and ITeS policy today to promote rapid and inclusive growth in the IT sector in the state. This new policy will be in force for five years i.e. from 2022 to 2027.

     “I strongly believe that this policy will help us contribute significantly to one of the eight dreams of Prime Minister, Narendrabhai Modi – Berozgari semukt, Rozgari se yukt,” the Chief Minister said.  He stated that this policy is also aimed at realising the vision of ‘Aatmanirbhar Gujarat to Aatmanirbhar Bharat’ in the Information Technology sector.

    This IT / ITeS policy (2022-27) is envisioned to transform the state’s information technology landscape in the IT ecosystem of Gujarat. The Chief Minister expressed confidence that Gujarat would become a “Destination of Choice” for the IT ecosystem by strengthening various aspects to make Gujarat one of theleading states in the field of information technology.

    The Chief Minister said that the Indian IT sector under the enterprising leadership of Prime Minister of India, Narendra Modi has steered our nation to a leadership position in the global IT landscape in terms of employment and economic value creation.

    He further said that the state government has envisaged the creation of a conducive business ecosystem by formulating a robust policy framework and introducing simplified procedural requirements for setting up IT operations in the State.

    Explaining the objectives of Gujarat IT/ITes Policy in detail, the Chief Minister said that the objectives are to create high skilled, industry-ready IT talent pool; provide a state-of-the-art IT Infrastructure; develop a unique and simplified incentive scheme; establish a robust cloud ecosystem in the State and foster research & development in new and emerging technologies such as Artificial Intelligence, Machine Learning, Quantum computing, Blockchain, etc.

    He further said that the new policy also aims to increase Gujarat’s annual exports in the IT sector from Rs.3,000 crore to Rs.25,000 crore and create more than 1 lakh new employments in the IT and ITeS sector.

    The Chief Minister also added that Gujarat is striving to get a place in the top five states of the country in the field of IT. He said that the new policy aims to make Gujarat a leader in world-class IT infrastructure, data centers, and the availability of innovation centers in emerging technology.

    With Chief Minister representatives of 9 nationally and internationally renowned IT organizations were also present on the occasion.

  • IT industry calls PM Modi’s ‘game changer’ after Govt relaxes work from home rules

    Leaders of the IT and BPO industry in India praised the Govt’s move to relax guidelines in order to enable IT and BPO companies to adopt a permanent work from home/work from anywhere, calling it a game changer that could create millions of jobs in small towns and cities.

    Prime Minister Narendra Modi on Thursday announced a series of measures aimed at furthering ‘ease of doing business’ and making India a tech hub. In line with this, the government simplified the Other Service Provider or OSP guidelines of the Telecom Department, a move that would reduce the compliance burdens of the IT and BPO industry.

    Wipro chairman Rishad Premji said, “This is truly long term, progressive thinking by the Government which will make our technology industry that much more competitive. Working from anywhere has become the new reality and thank you for seeing this.”

    At the same time, Tech Mahindra CEO CP Gurnani called it a much-needed reform for the IT industry.

    WNS CEO Keshav Murugesh said this would catapult Indian IT and BPM to the next level of growth and lead to job creation and development of small towns and cities in tier 3 and 4 locations. Genpact CEO Tiger Tyagarajan said the focus on making India a tech hub is incredibly timely and will benefit the country.

    While the Govt had earlier relaxed work from home guidelines till the end of the year, the new ones will tremendously reduce the compliance burden of the BPM industry. The registration requirement for OSPs has been done away with altogether. The BPM industry engaged in data-related work have been completely taken out of the ambit of the definition of an OSP. Besides, requirements such as deposit of bank guarantees, frequent reporting obligations, penal provisions among others have also been done away with.th