Economic times


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Economic times

  1. 1. Economic Times Presentation (11 Oct – 16 Oct)<br />Presented By:<br />Priyanka Sharma MBA-2C<br />
  2. 2. Eros International Media in Rs 640 mn pact with Zee Entertainment<br />Eros International Media, a unit of Eros International has signed a licensing deal worth Rs640 million with Zee Entertainment Enterprises.<br />This deal is for exclusive broadcast of some of Eros' films on Zee Entertainment Enterprise's television network. <br />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.<br />
  3. 3. China aims to become worlds second largest film market by 2015<br />China aims to become the world's second-largest movie market by Rapidly expanding its theatres and film infrastructure by 2015.<br />China's box office earnings are likely to reach between $ 4.5 bnand $ 6 bn in 2015.<br />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. <br />
  4. 4. Reliance BIG TV signs corporate alliance with MIRC Electronics<br />Reliance BIG TV (RBTV) has entered into a corporate alliance with leading electronics manufacturer, MIRC Electronics Limited-makers of the Onida brand.<br />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.<br />
  5. 5. Carlson plans to manage 100 hotels in India by 2015<br />Global hospitality and travel company Carlson plans to manage over 100 hotels in the country by 2015 as part of international expansion plan. <br />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. <br />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. <br />
  6. 6. Continued………… <br />The Indian expansion plan is a part of the global strategy announced by Carlson to have a total 1,500 hotels by 2015.<br />At present, it operates 1,075 hotels in 77 countries.<br />Expansion will take place under these brands<br />
  7. 7. Dabur completes acquisition of Turkey's HobiKozmetik Group<br />FMCG player Daburhas completed the Rs 324 crore acquisition of Turkey-based personal care products maker HobiKozmetikGroup . <br />The company had acquired Hobi Group firms, which include HobiKozmetik, ZekiPlastik and Ra Pazarlama.<br />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.<br />
  8. 8. Continued….. <br />At present, 20% of Dabur's overall sales come from the international markets. Last fiscal, Dabur's total sales stood around Rs 3500 crore. <br />
  9. 9. Fortis Global to buy HK's Quality Health for Rs 882 cr<br />Fortis Global Healthcare Holdings will acquire the healthcare businesses of Hong Kong-listed Quality Healthcare Asia (QHA) for an aggregate consideration of around Rs882 crore. <br />Fortis Global Healthcare will acquire five subsidiaries of QHA. However, the elderly healthcare businesses of QHA will not be part of the deal.<br />The acquired businesses comprise a network of over 60 wholly-owned medical centres, over 500 affiliated clinics, over 40 dental and physiotherapy centres and a private nursing agency with a database of over 3,000 nurses.<br />
  10. 10. Continued………..<br />The consideration of the transaction shall be an amount in cash equal to the aggregate sum of HK $1,521 million (the bid value) and the base working capital (HK $20 million).<br />
  11. 11. Godrej Consumer merges Godrej Household Products with itself<br />Personal care products maker Godrej Consumer Products Ltd has approved merging its unit Godrej Household Products Ltd with itself. The merger has been effective since April 1, 2010.<br />Following the acquisition, Godrej Consumer has become the largest homegrown household and personal care company in India and second largest household insecticides company in India.<br />The firm's board has also approved merging its South African unit Kinky Group into another South African unit Rapidol Ltd.<br />
  12. 12. Nokia Siemens, Ericsson to help Vodafone’s 3G rollout<br />Sweden’s Ericsson and Finland-headquartered Nokia Siemens Networks will roll out 3G networks for Vodafone Essar.<br />Vodafone gave a three-year contract estimated at $500 millionto the gear manufacturers who are also the company’s existing equipment vendors. <br />Nokia Siemens Networks will implement and manage Vodafone’s 3G networks in Tamil Nadu, Gujarat, Maharashtra, Uttar Pradesh (East), rest of West Bengal and Haryana<br />
  13. 13. Continued……..<br />While Ericsson will cover the high-density metros of Mumbai, Delhi and Kolkata.<br />With the implementation of the 3G roll out, more than 113.8 million Vodafone users will be able to avail high-end services such as video calling, interactive gaming and high-speed internet on mobile phones by late December.<br />Bharti Airtel gave a 3G network rollout contract to Ericsson India , Nokia Siemens Networks and Huawei Technologies , estimated by the industry to be around $700 million. <br />
  14. 14. ZF Hero in talks with Suzuki, Honda to supply parts in India<br />ZF Hero Chassis Systems , a joint venture between Hero Motors and Germany's auto component major ZF is in talks with Suzuki and Honda to supply components in India. <br />The company, which currently supplies axle assembly to General Motors India, also said it will be investing Rs 100 crore to set up a new plant as part of an expansion strategy in India. <br />The company currently has a production capacity of about 50,000 tones annually from its two existing locations. The new plant will increase it by up to 70 per cent .<br />
  15. 15. Continued…..<br />Hero Motors provides engineering services for the automotive industry, including development and design, and also produces chassis components, including axle systems.<br />ZF on the other hand, is a leading worldwide automotive supplier for driveline and chassis technology.<br />