Daily Newsletter | Wednesday, May 11, 2016 | | | | IMD: Hyderabad to soak in pre-monsoon showers | | If the weatherman is to be believed, the heat wave may have run its course as far as Hyderabad and most of Telangana is concerned. The pre-monsoon showers, which hit the city on May 1, will continue till the end of the month. |
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| | 6 new features coming to Xiaomi smartphones | | The Chinese smarthone giant today announced the new MIUI 8 based on Android OS at an event in China. The all new UI features some new useful functionalities that promise to enhance both user experience and productivity. |
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| Foxconn nears deal to build iPhones in India: Report | | Your next iPhone could be made in India. According to a report in ET Now, the iPhone contract manufacturer Foxconn is in talks with the Indian government to open a facility to make Apple smartphones in the country. |
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| | Sourav Ganguly backs Virat Kohli over MS Dhoni as captain | | "Virat Kohli is getting better every time. He is probably the best in the world in terms of consistency. His mental energy, tenacity is unreal. His attitude on the field is superb. His record as Test captain has been good," Sourav Ganguly said. |
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| Shashank Manohar steps down as BCCI president | | According to reliable sources, BCCI secretary Anurag Thakur is being tipped to take over the hot seat. IPL chairman Rajeev Shukla is also in the running along with Maharashtra Cricket Association president and business magnet Ajay Shirke. |
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| | Zombie firms slow down global productivity: Rajan | | The RBI governor has said that the world was facing a problem of productivity slowdown due to government inability to put firms "out of their misery" and also due to protection provided to oligopolistic firms. |
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| Snapdeal gross sales growth dives | | Online marketplace Snapdeal, one of SoftBank's biggest bets in India, registered a slower growth in its gross sales for the year ended March 2016 as it fought rivals Amazon and Flipkart in a fierce battle for supremacy of the Indian e-commerce space. |
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| Quikr buys beauty services co | | Online classifieds firm Quikr has acquired on-demand beauty services startup Salosa. The acquisition is part of the company's plan to invest Rs 250 crore in the home services vertical, which competes with the likes of Babajob. |
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| | Katrina moves into a new home post breakup | | Four months post her alleged breakup from Ranbir Kapoor, Bollywood actress Katrina Kaif has reportedly moved out from the Carter Road love nest where the couple once resided together. |
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