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Bollywood may not benefit from Reliance-DreamWorks deal
Bollywood may not get any significant mileage from the deal between Reliance ADA Group and Steven Spielberg’s DreamWorks Studios as the share of revenue from Hollywood films that run in India is small, say industry experts. According to industry estimates, the Hollywood films generate only around 3 per cent of the Rs 12,000 crore Indian film industry’s annual revenues.

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Maruti Suzuki: SX4 redux
Within the first three months of its launch in 2007, the Maruti Suzuki SX4 had overtaken the then Honda City to become the market leader in its segment. Two years hence, the situation is rather different. Today, the Honda City has recovered lost volumes. And Maruti Suzuki’s very own Swift Dzire is the leader in the segment. And all of this has been at the cost of the SX4, once the darling of its segment. So what went wrong, and why has Maruti Suzuki re-launched the SX4?

News of the day

Krishna, Qureshi exchange greetings at ASEAN meet
A week after the meeting between Prime Ministers of the two countries, External Affairs Minister S M Krishna and his Pakistani counterpart Shah Mahmood Qureshi came face-to-face at the ASEAN ministerial meeting here and exchanged greetings.
International Business

First medical device cluster to come up next to Nano in Sanand

State"s first medical device manufacturing cluster having a common research and development (R&D) facility in products and human resource development, will come up next to Tata Motors Nano"s plant in Sanand, official said. - Mahindra to trump Ace with Maxximo - Sanand plant begins Nano trial production - Metro to moon amidst bust and boom - No Nano price hike, confirms Tata Motors - Fiat to increase prices by up to Rs 25,000 next month - Tata to compensate Singur vendors" losses "The proposed cluster at Sanand shall be spread over 100 acres and will have around 25 to 30 companies exclusively into manufacturing of medical devices," Project Director National Institute of Pharmaceutical Education and Research (NIPER)-Ahmedabad Harish Padh told PTI. The cluster will have a common R&D facility with an estimated cost of Rs 80 crore, Padh said adding "It will work in collaboration with the national centre for medical devices at NIPER."


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