DQE and Method Animation launch animated version of Robin Hood

DQ Entertainment (International) Ltd has signed a co-production agreement with Method Animation for a new 3D HD series ‘Robin Hood-Mischief in Sherwood’

The global entertainment production and distribution company, DQ Entertainment (International) Ltd has signed a co-production agreement with France based Method Animation for a new 3D HD series 'Robin Hood-Mischief in Sherwood' targeted at children aged six to nine years.

The Robin Hood production will comprise 52 episodes of 11 minutes each as a 3D stereoscopic CGI series and has an estimated global production budget of €8.5m. The series will be full of humour and is intended to create an entertaining experience that relaunches the iconic hero that is Robin Hood. The audience will be taken on a journey into Sherwood Forest and discover the youthful, early years of Robin.

Tapaas Chakravarti, chairman & CEO, DQE said, "The new series 'Robin Hood-Mischief in Sherwood' will be produced as a high quality stereoscopic 3D series and will appeal to kids worldwide bringing out the charm and mischief of our young hero.

This partnership with our own long term co-production partners 'Method Animation' will bring to this production the benefit of the synergies that our teams have achieved together with the production of several remarkable series such as Ironman, Little Prince, Little Nick, Skyland, Peterpan and more recently the 3D stereoscopic feature film, the Prodigies, with our sister concern, Onyx Films."

On Wednesday, DQE ended 2.81% up at Rs65.75 on the Bombay Stock Exchange, while the benchmark Sensex declined 0.38% to 19,162.20.

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Supreme Infrastructure wins orders worth Rs389 crore

Mumbai-based Supreme Infrastructure India has won four new contracts worth Rs389.15 crore

Supreme Infrastructure India Ltd said that it has won four new contracts worth Rs389.15 crore.

The first order is for construction of multistorey buildings complex named 'Oswal Green' in Chembur, Mumbai from Oswal Chemicals and Fertilizers Ltd. The project has been awarded in joint venture. The value of the project is Rs270 crore.

The second order is for the construction of Building for ESIC at Andheri, Mumbai from National Buildings Construction Corporation (NBCC). The value of the project is Rs90.24 crore and will be executed in 15 months (by June 2012).

The third order is for construction of 39 storied tower for Orbit Corporation's project named 'Orbit Enclave' at Prarthna Samaj, Mumbai. The value of the project is Rs22 crore. The fourth order is for the construction of a residential bungalow at Juhu, Mumbai from Creative Marketing and Investment Pvt Ltd. The value of the project is Rs6.91 crore.

Vikas Sharma, Director, Supreme Infrastructure said, "Since all the sites are located in Mumbai, the company shall cater the requirement of concrete from its existing RMC Units in Mumbai which will be a huge added benefit at operational level and in turn boost the economies of the backward integration model of the company coupled with least requirement for additional capex."

On Wednesday, Supreme Infrastructure ended 1.51% up at Rs248.75 on the Bombay Stock Exchange, while the benchmark Sensex declined 0.38% to 19,162.20.

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Silver rises further; hits new high at Rs58,400 on global cues

Silver continued its winning streak for the third straight session and surged Rs900 to hit yet another high of Rs58,400 per kg today

New Delhi: Silver continued its winning streak for the third straight session and surged Rs900 to hit yet another high of Rs58,400 per kg today on sustained heavy buying by stockists, driven by a firm global trend.

Silver coins also rose by Rs1,500 to scale a new peak of Rs64,500 for buying and Rs65,000 for selling of 100 pieces, PTI reports

Gold also rose by Rs150 to Rs21,300 per 10 grams on heavy buying by retail customers for the ongoing 'Navratra' festival.

Trading sentiments turned bullish in overseas markets, as silver rose to a 31-year high and gold to a record level as the sovereign-debt crisis in Europe deepened, after Moody's Investors Service cut Portugal's credit rating and higher grain and oil prices worsened the inflation outlook.

In global markets, gold rose by 1.55% to $1,457.80 an ounce and silver by 1.79% to $39.28 an ounce.

On the domestic front, silver ready spurted by Rs900 to an all time high of Rs58,400 per kg and weekly-based delivery by Rs715 to Rs57,815 per kg.

Similarly, gold of 99.9% and 99.5% purity jumped up by Rs150 to Rs21,300 and Rs21,180 per 10 grams, respectively. Sovereigns, too, gained Rs50 to Rs17,550 per piece of eight grams.

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