DQE will receive a royalty on sales generated from this agreement which is estimated to be circa €1 million over a two-year period
DQ Entertainment (International) Ltd said it has signed a licensing agreement with TV Mania Gmbh through DQE's merchandising agents in France, TF1 Enterprises.
Under the terms of the agreement, TV Mania will have the right to manufacture and distribute Jungle Book apparels and accessories for babies, kids and teenagers over a two year period. DQE will receive a royalty on sales generated from this agreement which is estimated to be circa €1 million over a two-year period, in addition to a minimum guaranteed amount.
Products to be manufactured include t-shirts, jackets, jogging suits, swimwear, fleece pullovers, shirts, socks, and a host of other garments. TV Mania has the rights for retailing in France & Benelux.
Tapaas Chakravarti chairman & CEO of DQE Group said, "TV Mania is one of the strongest players for apparel merchandise in Europe. The Jungle Book has started to air successfully in various territories such as France, UK and Australia and with a steadily increasing fan base, this collaboration is going to be strategically very important for us as we seek to further monetise this classical property."
On Thursday, DQE ended 5.38% up at Rs78.30 on the Bombay Stock Exchange, while the benchmark Sensex increased 1.13% to 18,506.82.
Atlanta will begin the work on the project in the second week of April 2011
Mumbai based infrastructure development company Atlanta Ltd, in consortium, has received an order worth Rs104 crore from the government of Assam for improvement of existing single intermediate lane of NH-44 to two lane with paved shoulders.
"We will begin the work on this project in the second week of April 2011. The stipulated time period for completion of work is 48 months," stated Rajhoo Bbarot, managing director, Atlanta Ltd.
On Thursday, Atlanta ended 1.55% up at Rs78.40 on the Bombay Stock Exchange, while the benchmark Sensex increased 1.13% to 18,506.82.
Infosys Technologies Ltd said it has inaugurated its first Software Development Block (I) at its Technopark Campus II (SEZ) in Thiruvananthapuram, Kerala.
Infosys' second campus at Technopark Campus II (SEZ) is spread over 50 acres and will be developed over a period of five years in a phased manner. The Software Development Block (I) inaugurated at the Technopark Campus II (SEZ), has the capacity to seat 1,600 employees and has seen an investment of Rs180 crore till date. This includes a food court, recreational facilities for employees, chiller building, diesel generation block, water storage and treatment facility, sewage treatment plant and roads.
A 1,800 seater Software Development Block (II) is also currently under construction at this campus, the company said in a press release. Infosys started its operations in Thiruvananthapuram in January 2004, housed in the Bhavani and Thejaswini building of Technopark (STP). The campus at Technopark (STP) seats over 1,500 employees. Together both Infosys' campuses exported business worth Rs427.79 crore and contributed 18% to Kerala's exports in the financial year 2009-10.
On Thursday, Infosys Technologies ended 0.33% up at Rs3,111.20 on the Bombay Stock Exchange, while the benchmark Sensex increased 1.13% to 18,506.82.