Eros International inks multi-film licensing pact with Star TV

Submitted by Sakshi Mahadevan on Tue, 09/02/2008 - 18:52

Eros International, a leading distributor of Bollywood films, has signed multi-film content licensing deal with Rupert Murdoch owned Star TV, one of the leading entertainment channels in India.   

The deal covers a collection of catalogue films from Eros’ strong content library of over 1900 titles, including Salman Khan’s Tere Naam and

Hrithik Roshan’s Naa Tum Jaano Naa Hum. Recently, Eros International has also declared a series of major television syndication deals with Sony Entertainment Television and Sahara Television.

Star Network shows over 60 television services in 10 languages in Asia. The company's main channels in India include Star Plus, Star One, Star Utsav, Star Gold and Star News.

However, the financial details of the deal were not disclosed by the both companies.


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Reliance Industries Purchase an Additional 0.68% Interest in EIH Ltd.

Reliance Industries Purchase an Additional 0.68% Interest in EIH Ltd.

Owner of Energy giant Reliance Industries, Mukesh Ambani has put in an extra 0.68% in EIH Ltd. With this, his total stake in the hotel chain has increased to 14.8%. In a filing to the Bombay Stock Exchange, EIH said that the shares were purchased from the market on Tuesday.

Shares of Reliance surged 0.3% at Rs. 939.3 in proportion to the Mumbai market at 1.26pm, while EIH shares witnessed a 4.5% rise at Rs. 150.2.

On Monday, Reliance was quoted saying that it is widening its horizon and has procured 14.12% stake in EIH for a sum of $217.5 million.

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Last month, 2,89,176 two wheelers were sold by Bajaj Auto, a big surge than 1,82,441 units, which were sold in August 2009. The Company’s cumulative sales of two wheelers for the time frame between April and August 2010 increased by 68% and were recorded at 1,397,348 units. The number was high from 833,235 units that were retailed during the same period last year.

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