dna Morning Must Reads: Exclusive on Kumble-Laxman business partnership; 7th Pay Commission; and more

1. Exclusive: Laxman selected Kumble as coach while being shareholder in his firm 

Documents reveal that VVS Laxman, who was part of the committee that selected Anil Kumble as Team India’s coach, is the second biggest shareholder in Kumble’s company Tenvic Sports Education Private Ltd. Read more here

2. Member who blocked India's entry into NSG must be held accountable, says US

A week after India failed to get entry into Nuclear Suppliers Group (NSG) due to China-led opposition, the US today said one country can break consensus in the atomic trading bloc and insisted that such member should be held accountable. Read more here

3. 7th Pay Commission will drain exchequer of Rs 1 lakh crore but boost private consumption demand and economic activity

It may be one of the lowest pay hikes for the Central government staff and pensioners in the last few decades, but the overall 23.55% increment in their salaries, allowances and pensions resulting from the clearance of the Seventh Pay Commission recommendations by the Union Cabinet on Wednesday would cost the government a whopping Rs 1.02 lakh crore. Read more here

4. Apple is being sued for $10 billion for stealing the iPhone's design

An American by the name of Thomas S Ross filed a lawsuit against Apple Inc two days ago, claiming the company copied designs for his (Electronic reading Device) for their iPhone. Read more here

5. Parineeti Chopra-Sushant Singh Rajput’s doosra?

It will most likely be a busy year for Parineeti Chopra, who will sign four films this year, which includes director Homi Adajania’s next, starring Sushant Singh Rajput. The two actors were last seen together in 2013’s Shuddh Desi Romance. Read more here