Indian Stock Market

Buy Pyramid Saimira
Keynote has put buy rating on Pyramid Saimira; with a target of Rs 1074

UTV Software Communications, through its 100% subsidiary, UTV Communications has acquired a controlling stake (62.42%) in Indiagames from Tom Online Games. Indiagames is into the business of mobile and online games and based in Mumbai.

Sun TV Network Ltd has announced the launching of its FM Radio Station at Pondicherry under the brand ‘S FM” from December 04, 2007 through its subsidiary Kal Radio Ltd. This Station can be heard at 93.5 MHz frequency in Pondicherry. The Programs will cater to the audience of all age groups.
With the launch of […]

Pyramid Saimira - Time to Buy ???
Pyramid Saimira announced the following plans today
1. Name of the Company: Pyramid Saimira Theatre Chain (M) Sdn, Bhd. Malaysia
- Investment: Rs 200 Crores
- Guarantee: Rs 500 Crores
- Source: Internal accruals, debts, funds raised through private / public offering of securities.
2. Name of the Company: Mallplex Pvt Ltd, India
- Investment: […]

PVR  said it would invest Rs 400 crore in the next three years to set up 250 new screens across the country, which would include its newly introduced premium halls.
“Our idea is to expand the PVR brand both in metro and non-metro cities. We will be setting up 250 new screens in the next 36 […]

  Pyramid Saimira Productions IPO
Pyramid Saimira Theatre Ltd has informed  that the Board of Directors of the Company at its meeting held on November 10, 2007, has considered and unanimously approved the following:
1. Increasing the Authorised Capital to Rs 50 Crores from the present Authorised Capital of Rs 33 Crores and also to make necessary […]

Reliance Communications Ltd has informed  that the Company and Microsoft on November 05, 2007 announced a strategic partnership to deliver a highly connected, personalized TV experience to consumers in India though Reliance’s IPTV service, which will be powered by the award-winning Microsoft® Mediaroom™ Internet Protocol Television (IPTV) software platform. The announcement was made by Anil […]

Sun TV Network Ltd has announced the launch of two FM Radio Stations at Lucknow and Bhopal under the brand “S FM” from November 06, 2007 through the Company’s subsidiary South Asia FM Ltd. This Station can be heard at 93.5 MHz frequency in Lucknow and Bhopal. The Programs will cater to the audience of […]

Pyramid Saimira Theatre Ltd has announced that the Company expanded its global footprint with the acquisition of Texas based FunAsiA today through its subsidiary Pyramid Saimira Entertainment America, Inc.. and will be based out of Richardson, Texas. The Company plans to set up 60 screens US & Canada by the end of this fiscal. The […]

A slump in the optical storage market due to oversupply, coupled with start-up costs associated with its foray into the entertainment business, sharply affected the perfomance of optical storage media major Moser Baer for the second quarter ending 30 September, 2007.
It reported a steep decline of 87% in its net profit (PAT) which stood at […]