Reliance funds Steven Spielberg ending one of Hollywood's most contentious and closely watched battles
Tania Saleem
Jun. 18, 2008

Reliance ADA Group would provide Mr. Spielberg and company with $500 million to $600 million in equity, moving them one step closer to ending one of Hollywood's most contentious and closely watched battles.

India’s biggest entertainment conglomerates have formed a new movie venture with the principals of DreamWorks SKG. This move will give director Steven Spielberg the cash to finance his DreamWorks team's departure from Viacom Inc.'s Paramount Pictures later this year.

Reliance funds Steven Spielberg ending one of Hollywood's most contentious and closely watched battles
Tania Saleem
This move will give director Steven Spielberg the cash to finance his DreamWorks team's departure from Viacom Inc.'s Paramount Pictures later this year.
READ MORE>>

Finance Minister P Chidambaram and PM Manmohan Singh refuse to resign for collapsing Indian economy with hyperinflation
Latha Nair
But Mr. Chidambaram has refused categorically and blamed the global inflation trend as the root cause of inflation in India.
READ MORE>>

India registered 6% jump in inflation within a week – the inside look to the real inflation and how Indian Government is hiding the fact
Kiran Chaube
The Wholesale Price Index based inflation for the week ended May 31 rose to 8.75 per cent as compared to 8.24 per cent for the previous week. That is a jump of 6% within a week and on annualized basis it is 85% jump in inflation.
READ MORE>>

Heavy foreign institutional selling in IT, banking, consumer durables and realty stocks takes Sensex down below 15,000
Babu Ghanta
Indian high-end export in IT is going down rapidly. The credit card debt defaults are skyrocketing. The biggest trouble is in real estate. People have bought enormous amount of real estate on borrowed money (mortgage) in the last ten years.
READ MORE>>

Sensex faces inflation worries and catastrophic energy price – a 50% fall possible in next nine months
babu Ghnata
The Sensex can be below 5000 in less than nine months unless Government disallows the foreign institutional investors to run away with the money.
READ MORE>>

Reserve Bank of India is too late in taking action against Sahara Financial Group – the parallel between Sahara and Bear Sterns fiasco
Balaji Reddy
Americans allowed Bear Sterns to operate under zero guidelines. Reserve Bank of India allowed Sahara to operate by violating set guidelines.
READ MORE>>

India is falling into an economic chaos as Truckers goes on an indefinite strike from July 1
Harry Patil
India’s finance minister Mr. Chidambaram is in deep trouble. Indian truckers on Friday warned of an indefinite strike from July 1 if finance ministry insists on hiking the service tax rate on road lines.
READ MORE>>

As India hikes fuel prices inflation heads towards 9 to12% - Sensex can lose half of its value in less than a year
Pijush Lodha
The worst thing that can happen to a stock market is the rising inflation, economic stagnation and rising interest rates.
READ MORE>>

MORE ARTICLES >>