Dilip Cherian India's 'Image Guru' and a diehard observer of the capital feels despite the economic crunch, India Inc has several reasons to cheer
Dilip Cherian India's 'Image Guru' and a diehard observer of the capital feels despite the economic crunch, India Inc has several reasons to cheer
ADVERTISEMENT
 |
|
Down but not out: Unfazed by the debacle of its maiden Bollywood venture Chandni Chowk to China, movie giant Warner Brothers remains optimistic about its India plans |
Despite Ranbaxy's scandal, Indian pharma majors are still posting double and triple-digit growth in the US! Wockhardt Ltd has not only bought Morton Grove but also expanded its product portfolio. Dr Reddy's Laboratories too has been on an acquisition spree. So maybe some lights at the end of our tunnel still glow?
Cheer in filmland
Pipped to awards and profits by Slumdog, and for now unfazed by the debacle of its maiden Bollywood venture Chandni Chowk to China, Warner Brothers remains optimistic about its India plans. In the pipeline are six more Hindi films and also films in other languages. Although it may ruffle some feathers in the rookie Obama administration, the entertainment giant is even planning to outsource jobs to India, even as it slashes around 10 per cent of its 8,000-strong workforce worldwide. Apparently, about 200 positions are being outsourced to India, which should bring some cheer locally.
But it's not just Bollywood that stands to gain. Warner is also looking Down South where it has signed a
three-year exclusive deal with Ocher Studios, owned by superstar Rajinikanth's daughter Soundarya, to make films in South Indian languages. After all, there is nothing like a billion-strong market to keep that optimism afloat, now that the Oscars recognise our might.
"Exciting news! Mid-day is now on WhatsApp Channels 
Subscribe today by clicking the link and stay updated with the latest news!" Click here!
Subscribe today by clicking the link and stay updated with the latest news!" Click here!
