Popular Articles

Some of upcoming realty IPOs may falter: consultant
A couple of real estate initial public offers (IPOs) may falter from around 15 lined up over the next few months if the issues are not reasonably priced, a realty consultant said.

PE companies resort to salary freeze as investments tank
As many as six out of every 10 private equity companies have either frozen salaries of employees or are mulling to do so in near future as investments take a hit amid lower returns, says a study.

News of the day

Tata Steel Q3 net soars 155% to Rs 1,191 cr
Tata Steel, India largest private steel producing company reported a higher than market estimate net profit at Rs 1,191 crore, a growth of 155 per cent for the quarter ended December 31, 2009 as compared to a profit of Rs 466 crore posted during the same quarter a year earlier.
Small Business

Disney mulls localised console, PC games

Disney Interactive Media Group (DIMG), a division of Walt Disney Company, is contemplating introducing localised console and PC games for the Indian market shortly. Sensex ends up 35pts DIMG is into creation and delivery of Disney branded interactive entertainment and informational content across multiple platforms including online, mobile and video game consoles around the globe. “We will be evaluating the console and PC game options in the next few months,” Nitin Chawla, executive director of DIMG, said while delivering his keynote address on ‘Managing Disney brands from the global to the local – experiences and challenges’ at Nasscom’s two-day Animation and Gaming Summit 2009. Terming DIMG as a young brand in the country (four-and-half-a-year to be precise), Chawla said they had three fundamental challenges to address when the company entered India. “India is predominantly a local-content market with 92 per cent of the content consumed being local. Besides, Indian consumers had just started their journey with animation. DIMG had adopted a three-pronged approach to address this – using international content in the Indian context, localisation of global content for relevance and using technology to provide content with newer experiences,” he said.


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