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Oscars 2018 | Gary Oldman, Frances McDormand named best actors; 'The Shape of Water' wins big at star-studded event

The 90th Academy Awards or Oscars 2018 is taking place on Sunday, honouring the best talents in cinema from the last year.

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nabanita chakorborty
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Oscars 2018 | Gary Oldman, Frances McDormand named best actors; 'The Shape of Water' wins big at star-studded event

Oscar awards 2018 LIVE Updates | Here is the complete list of winners (File Photo)

The 90th Academy Awards or Oscars 2018 took place with much grandeur and fanfare on Sunday, honouring the best talents in cinema from the last year.

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The entire industry was waiting eagerly to witness a neck-to-neck fight between fairy tale romance 'The Shape of Water' and dark crime comedy 'Three Billboards Outside Ebbing, Missouri' for the coveted Best film award.

Moreover, Guillermo Del Toro’s 'The Shape of Water' was the most nominated film of the evening with 13 nods and finally bagged four golden statues. Christopher Nolan’s 'Dunkirk' (8) and Martin McDonagh’s 'Three Billboards Outside Ebbing, Missouri '(7) were also on the race with eight and seven nominations respectively.

Earlier, in January Hollywood witnessed Golden Globe awards 2018 and was finding it hard to get over the celebratory mood. In the meantime, Oscar 2018, the most honourable award show of the Tinseltown hit the industry making several rounds in the social networking sites.

Comedian and late night host, Jimmy Kimmel presided over the show for the second consecutive time. The ceremony kicked off at the Dolby Theatre on March 4 at 8 p.m. ET/5 p.m. PT.

Check out the complete list of winners and a few glimpses from Hollywood’s biggest star-studded night.

Here are the live updates from Oscars 2018:

#11:15 AM: The award ceremony is done and the Hollywood biggies have left for several Vanity Fair parties in and around the town.

#11:13 AM: "Just found out about inclusion riders last week. We're not going back. It changes now, and I think the inclusion rider will have something to do with that. Power in rules," says Best Actress winner Frances McDormand.

Also Read: Oscars 2018 | Sridevi, Shashi Kapoor remembered with a musical tribute

#10:55 AM: Disney-owned ABC unveiled the first trailer for 'Mary Poppins Returns' and the preview is now available on YouTube.

#09:57 AM: 'Coco' helmer dedicates Oscars win to Mexico.

#10:18 AM: Best film award goes to the 'The Shape of Water'.

#10:07 AM: Best actor (female) award goes to Frances McDormand for 'Three Billboards Outside Ebbing, Missouri'.

#10:00 AM: Legendary Bollywood actors Sridevi and Shashi Kapoor honoured at the 90th Academy Awards.

#09:57 AM: Gary Oldman wins best actor (male) award for 'Darkest Hour'.

#09:48 AM: Guillermo Del Toro bags Best director award for 'The Shape of Water'.

#09:36 AM: Academy Award for the Best original song goes to Remember Me from Coco.

#09:32 AM: Alexandre Desplat is the Best original score for 'The Shape of Water'.

#09:21 AM: Roger A. Deakins wins Oscar for his outstanding cinematography in 'Blade Runner 2049'.

#09:08 AM: Best original screenplay award goes to Jordan Peele for 'Get Out'.

#09:05 AM: James Ivory clinches Best adapted screenplay award for 'Call Me by Your Name'.

#08:49 AM: The Silent Child wins Oscar for the Best live action short film.

#08:45 AM: Academy Award for the Best documentary short subject goes to 'Heaven is a Traffic Jam on the 405'.

#08:33 AM: 'Dunkirk' clinches golden statue for Best film editing.

#08:18 AM: Blade Runner: 2049 bags Oscar for Best visual effects

#08:14 AM: 'A Fantastic Woman' wins Oscar for Best Foreign Film.

#08:13 AM: Best animated feature film award goes to Coco.

#08:06 AM: Sam Rockwell dedicates Oscars win to his 'old buddy' Philip Hoffman.

#08:01 AM: Allison Janney wins Best Supporting Actress Oscar for her role in 'I, Tonya'.

#07:57 AM: Academy Award for the Best Foreign Language Film goes to 'A Fantastic Woman' from Chile.

#07:46 AM: Oscar for the Best animated short film goes to 'Dear Basketball'.

#07:37 AM: Jimmy Kimmel addresses harassment in Oscars opening monologue.

#07:00 AM: Sam Rockwell won the Academy Award for the Best Actor in a supporting role for his portrayal of a racist-yet-redeemable police officer in Martin McDonagh's 'Three Billboards Outside Ebbing, Missouri'.

#06:45 AM: Kazuhiro Tsuji, David Malinowski, Lucy Sibbick honoured for their outstanding Makeup and Hairstyling in 'Darkest Hour'.

#06:42 AM: Mark Bridges wins academy awards for 'Phantom Thread'.

#06:40 AM: Bryan Fogel, Dan Cogan bagged the golden statue for the best documentary feature 'Icarus'.

#06:36 AM: Actor Daniel Kaluuya at the #Oscars red carpet, he is nominated in the Best Actor Category for the film Get Out.

#05:36 AM: Allison Janney at the red carpet, she is nominated in Best Supporting Actress category for her role in the film I, Tonya Oscars.

Sridevi academy awards Shashi Kapoor Oscars 2018 90th Academy Awards Oscar awards 2018