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Economic Times Presentation (11 Oct – 16 Oct),[object Object],Presented By:,[object Object],Priyanka Sharma MBA-2C,[object Object]
Eros International Media in Rs 640 mn pact with Zee Entertainment,[object Object],Eros International Media, a unit of Eros International has signed a licensing deal worth Rs640 million with Zee Entertainment Enterprises.,[object Object],This deal is for exclusive broadcast of some of Eros' films on Zee Entertainment Enterprise's television network. ,[object Object],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.,[object Object]
China aims to become worlds second largest film market by 2015,[object Object],China aims to become the world's second-largest movie market by Rapidly expanding its theatres and film infrastructure by 2015.,[object Object],China's box office earnings are likely to reach between $ 4.5 bnand $ 6 bn in 2015.,[object Object],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. ,[object Object]
Reliance BIG TV signs corporate alliance with MIRC Electronics,[object Object],Reliance BIG TV (RBTV) has entered into a corporate alliance with leading electronics manufacturer, MIRC Electronics Limited-makers of the Onida brand.,[object Object],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.,[object Object]
Carlson plans to manage 100 hotels in India by 2015,[object Object],Global hospitality and travel company Carlson plans to manage over 100 hotels in the country by 2015 as part of international expansion plan. ,[object Object],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. ,[object Object],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. ,[object Object]
Continued………… ,[object Object],The Indian expansion plan is a part of the global strategy announced by Carlson to have a total 1,500 hotels by 2015.,[object Object],At present, it operates 1,075 hotels in 77 countries.,[object Object],Expansion will take place under these brands,[object Object]
Dabur completes acquisition of Turkey's HobiKozmetik Group,[object Object],FMCG player Daburhas completed the Rs 324 crore acquisition of Turkey-based personal care products maker HobiKozmetikGroup . ,[object Object],The company had acquired Hobi Group firms, which include HobiKozmetik, ZekiPlastik and Ra Pazarlama.,[object Object],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.,[object Object]
Continued….. ,[object Object],At present, 20% of Dabur's overall sales come from the international markets. Last fiscal, Dabur's total sales stood around Rs 3500 crore. ,[object Object]
Fortis Global to buy HK's Quality Health for Rs 882 cr,[object Object],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. ,[object Object],Fortis Global Healthcare will acquire five subsidiaries of QHA. However, the elderly healthcare businesses of QHA will not be part of the deal.,[object Object],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.,[object Object]
Continued………..,[object Object],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).,[object Object]
Godrej Consumer merges Godrej Household Products with itself,[object Object],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.,[object Object],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.,[object Object],The firm's board has also approved merging its South African unit Kinky Group into another South African unit Rapidol Ltd.,[object Object]
Nokia Siemens, Ericsson to help Vodafone’s 3G rollout,[object Object],Sweden’s Ericsson and Finland-headquartered Nokia Siemens Networks will roll out 3G networks for Vodafone Essar.,[object Object],Vodafone gave a three-year contract estimated at $500 millionto the gear manufacturers who are also the company’s existing equipment vendors. ,[object Object],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,[object Object]
Continued……..,[object Object],While Ericsson will cover the high-density metros of Mumbai, Delhi and Kolkata.,[object Object],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.,[object Object],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. ,[object Object]
ZF Hero in talks with Suzuki, Honda to supply parts in India,[object Object],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. ,[object Object],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. ,[object Object],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 .,[object Object]
Continued…..,[object Object],Hero Motors provides engineering services for the automotive industry, including development and design, and also produces chassis components, including axle systems.,[object Object],ZF on the other hand, is a leading worldwide automotive supplier for driveline and chassis technology.,[object Object]
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