The latest instalment of "James Bond" franchise finally has a title. The movie is called "Skyfall".

The film, directed by Oscar winning Sam Mendes, was tentatively titled "Bond 23".

While Daniel Craig will be seen as the British superspy, the cast of the film will also see Javier Bardem, Dame Judi Dench, Naomie Harris and Berenice Marlohe.

"We're so delighted to have Sam Mendes direct 'Skyfall' and be working once again with Daniel Craig. We have a great script, an extraordinary cast and an incredibly talented creative team for this latest James Bond adventure, " producers Michael G. Wilson and Barbara Broccoli said in a joint statement.

"Skyfall" goes on floors from Nov 7. The film will release in Britain and Ireland Oct 26 and in North America Nov 9 next year.