2. Eros International Media in Rs 640 mn pact with Zee Entertainment Eros International Media, a unit of Eros International has signed a licensing deal worth Rs640 million with Zee Entertainment Enterprises. This deal is for exclusive broadcast of some of Eros' films on Zee Entertainment Enterprise's television network. The deal takes Eros International Media's pre-sales revenue visibility for music and television rights in FY11 and FY12 to Rs 2.4 billion.
3. China aims to become worlds second largest film market by 2015 China aims to become the world's second-largest movie market by Rapidly expanding its theatres and film infrastructure by 2015. China's box office earnings are likely to reach between $ 4.5 bnand $ 6 bn in 2015. China will build another 1,500 cinema screens this year, raising the total to 6,000 and the number is expected to double by the end of 2015.
4. Reliance BIG TV signs corporate alliance with MIRC Electronics Reliance BIG TV (RBTV) has entered into a corporate alliance with leading electronics manufacturer, MIRC Electronics Limited-makers of the Onida brand. Customers across the country can now avail of a free Reliance BIG TV connection on the purchase of Onida LED, LCD and the color television (CTV) range comprising 21UltraSlim models, 21Thunder models, 29 Flat models and 29 slim models.
5. Carlson plans to manage 100 hotels in India by 2015 Global hospitality and travel company Carlson plans to manage over 100 hotels in the country by 2015 as part of international expansion plan. Carlsonmanages 31 hotels across India. It will have over 11,000 rooms in the next five years on the back of expansion, up from the 2,865 rooms it has at present. At present Carlson's Indian operations accounts for about 3% of its global turnover and it is likely to go up to 7% by 2015 on the back of expansions.
6. Continued………… The Indian expansion plan is a part of the global strategy announced by Carlson to have a total 1,500 hotels by 2015. At present, it operates 1,075 hotels in 77 countries. Expansion will take place under these brands
7. Dabur completes acquisition of Turkey's HobiKozmetik Group FMCG player Daburhas completed the Rs 324 crore acquisition of Turkey-based personal care products maker HobiKozmetikGroup . The company had acquired Hobi Group firms, which include HobiKozmetik, ZekiPlastik and Ra Pazarlama. HobiKozmetikis a leading manufacturer of personal care products in Turkey. It sells a range of hair care and skin care products under the 'Hobby' and 'New Era' brands across 35 countries, including the Middle East and North Africa.
8. Continued….. At present, 20% of Dabur's overall sales come from the international markets. Last fiscal, Dabur's total sales stood around Rs 3500 crore.
9. Miscellaneous News The Indian animation industry will grow at a compounded annual rate of 30% to reach a market size of $1.7 billion by 2012 and add over three lakh skilled animators, an industry lobby said Monday.With over 1.5 lakh skilled animators, it is currently a $1 billion industry. Dubai-based Pure Gold Jewellersplans to invest nearly Rs 1,000 crore for setting up 200 stores in India in the next five years. Currently, the company has eight stores in Mumbai and Pune and nearly 75 outlets in the Middle-East. Mercedes Benz has met its single largest order — of 150 cars worth Rs 65 crore — from the small industrial town of Aurangabad.
