Saturday, February 9, 2008

Corporate Bazaar and Some Things to Read

The third Corporate Bazaar was started from yesterday in Dhaka. This is a fair concerning the corporate world of Bangladesh. Corporate Bazaar 2008 will continue for two more days. I went to the fair yesterday and was present in the opening ceremony and later attended a seminar. There are few more seminars set to be held in the remaining two days of the exhibition. If any of you are interested to know more about Corporate Bazaar then visit the following links:

Opening Ceremony of Corporate Bazaar 2008

Corporate Bazaar 2008: Seminar on Ready Made Garments

Bangladesh: Corporate Bazaar 2008

Tuesday, February 5, 2008

Disney Wants to Get More of UTV Share

Disney is eyeing to grab more market in Bollywood. The Hollywood production house already owns 14.9 percent share of UTV Software Communications, an India-based media group. Now, Disney wants more takeover of UTV that has a wider presence in Bollywood. UTV declared last year that it would sell 12 more percents of its share in order to launch some more channels. The deal is expected to be held next month. UTV owns the largest film studio of Bollywood.

Times Online reported:

A source said: “Change of control is obviously a possibility. There are no safeguards.”

With two other promoters Mr Screwvala controls a total of 36 per cent of the parent company.

A deal is expected next month, but interest in UTV may yet emerge from other parties. Media houses including Viacom and Sony are targeting India.

So, you can understand that the global companies have set their eyes on Bollwood. The overall market of Bollywood is ever increasing. Naturally, many will come to invest in the industry. Now, let us see how the competitors of Disney react on the deal.