Month: November 2013
Bollywood films going international and how. With the ever increasing market for Indian cinema it’s no surprise that international investors are looking at the Indian market. In fact Fullerton, an investment fund controlled by Singaporean sovereign wealth fund Temasek Holdings, has bought a 7.4% stake in Bollywood film distributor Eros International.
The acquisition comes after Eros completed the transfer of its primary share listing from London’s second tier Alternative Investment Market to the main New York Stock Exchange. With this acquisition Fullerton now holds 8.7 percent in Eros, according to a filing with the U.S. Securities and Exchange Commission. The stake was bought on November 13, the day Mumbai-based Eros began trading on the New York Stock Exchange. The stake is valued at about $22 million, based on the company’s closing price yesterday.
via BollywoodHungama.com News http://www.bollywoodhungama.com/movies/news/type/view/id/2253310 http://ifttt.com/images/no_image_card.png
It seems our Bollywood actors have resorted to a new gimmick to promote their films. Leaked videos, scandalous messages, controversial statements, revealing appearances are some of the past gimmicks used by stars to promote movies, but these days the trend is of fake affairs…
via glamsham.com – bollywood updates http://www.glamsham.com/movies/scoops/13/nov/30-news-fake-affairs-a-new-gimmick-in-bollywood-111306.asp http://ifttt.com/images/no_image_card.png