Tag Archives: profits

When Karan Johar reportedly invested Rs.100 crore for ‘Bahubali: The Beginning’ way back in 2015 for Hindi dubbed version rights, he was indeed taking a chance and it paid off unprecedented returns for him. Again when the sequel was underway, he poured in Rs.70 crore as advance and nobody knows how much he paid finally for the rights. First time ...

After 7 years of virtual hibernation, Hyderabad’s Microfinance lender Spandana Sphoorty Financial Ltd has raised $270 million of funding, to bail it out from the corporate debt restructuring cell (CDR). While $100 million will be in the form of equity from a Kedaara Capital-led consortium including Ontario Teachers’ Pension Plan, and the rest in the form of debt capital from ...

Backed by RBI license to start a Small Finance Bank (SFB), Bangalore-based Ujjivan adn Chennai-based Equitas have hit the IPO route this year to make a winning streak in collecting more than expected funds from the public and now they are swaying the markets. Ujjivan Financial Services shares rallied at 20% reaching to Rs 400 on Friday, while its Chennai ...

Telugu film Mahesh Babu-starrer ‘Srimanthudu’ has hit the box office records grossing Rs.101.25 crore in its opening week worldwide, becoming the second film after ‘Bahubali’ to break past records in the southern film industry, especially in 2015. Directed and written by Koratala Siva, the Telugu drama also stars Shruti Haasan for the first time with Mahesh Babu in the lead ...

Indian Space Research Organisation (ISRO) has been increasingly undertaking foreign space missions and space contracts though the profit range is not as high as expected due to the cost of production involved. Going by its net profit figures given by the minister in parliament, it is in the same range as last year. ISRO’s commercial arm Antrix is responsible for ...

Zoya Akhtar’s recently released movie ‘Dil Dhadakne Do’ earns Rs.37.05 Crore in three days. Weekend rush seemed  to have turned the tables around for the movie which is on the way of making good profits. Taran Adarsh, Film trade analyst, said it was due to a “strong weekend” in his tweet. #DilDhadakneDo has STRONG weekend. Fri 10.53 cr, Sat 12.27 ...

Automobile manufacturer Mahindra and Mahindra Saturday said that it plans to invest Rs 4,000 crore over seven years for setting up a manufacturing plant in Tamil Nadu. “We have been promised that the land will be allocated very soon. The MoU (memorandum of understanding) will be signed during the Global Investors Meet,” Pawan Goenka, executive director, automobile division told reporters ...

Now that the figures are out, Chinese mobile maker Xiaomi Technology Ltd Co. said its pre-sales revenue stands $11.97 billion, an increase of 135% compared to its revenues in 2013, confirmed its CEO Lei Jun. Just three months ago Xiaomi was declared the third largest mobile maker in the world after Apple and Samsung, surpassing the Huawei, another Chinese firm ...

Small was big down south. Low budget films, which were high on creative content, emerged as the real winners in 2014. Offerings like “Yaamirukka Bayamey” and “Karthikeya” not only set the cash registers ringing but also spelt profit for the investors in the southern filmdom, which otherwise registered a mere five percent hits out of about 500 releases. Biggies like ...

The BJP and the AAP Sunday lashed out at Congress president Sonia Gandhi’s son-in-law Robert Vadra, a day after Vadra snapped at a TV crew on being questioned over his controversial land deals in Haryana. The Bharatiya Janata Party (BJP) denounced Vadra and the Aam Aadmi Party (AAP) accused the Gandhi family of “arrogance”. Sonia Gandhi Sunday visited her daughter ...