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SRK film expected to earn up to 70% of collections abroad.
The jury’s still out on whether the Shiv Sena demand that the Shah Rukh Khan-starrer, My name is Khan, be banned by exhibitors will lead to some losses for producers and distributors of the much awaited movie.
True, Maharashtra and its capital, Mumbai, account for over 25 per cent of a Bollywood movie’s box office collections. However, My name is Khan is expected to be a large grosser in the overseas market too, just like other Shah Rukh movies. As a result, the movie might not face as big a loss as many expect it to.
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ArcelorMittal is the only other bidder for the state-run company.
The Naveen Jindal-controlled Jindal Steel & Power Ltd (JSPL) is in the race to acquire a majority stake in Zimbabwe Iron & Steel Company (Ziscosteel) — the largest steelworks in the African country.
JSPL is pitted against ArcelorMittal, the only other suitor for the company. According to JSPL sources, the qualifying round has concluded. Following this, due diligence will be done and then the bids will be submitted.
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Godrej Consumer reported profit after tax (PAT) of Rs 85.1 crore in the quarter ended December 31, 2009, compared with Rs 40 crore in corresponding quarter of the previous year.
Total income during the period rose from Rs 353.9 crore to Rs 528.6 crore.
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After RBI’s scheme, banks firm up plans to hire business correspondents, run pilot projects for financial inclusion.
With the Reserve Bank of India allowing retired teachers, kirana shop owners and public call office (PCO) operators to be hired as business correspondents, banks are set to hire over 200,000 people over the next few years to push financial inclusion initiatives.
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BCCI to partner Google India for the venture.
Cricket lovers can now watch the Indian Premier League (IPL) live on internet portal YouTube. The Board of Control for Cricket in India (BCCI) will partner with Google India to stream live matches of its domestic IPL league in the Twenty20 format.
Google’s video streaming internet portal YouTube will stream live matches of IPL-III, which begins in March. This will include 44 days of IPL, with 59 matches.
