Posts Tagged ‘annimated’

Companies may face penalty if not filing data

Wednesday, September 12th, 2007

Companies may face penalty if not filing data

The companies reluctant to split data with the government may come in trouble. They have to pay Rs 1,000 a day. parliamentary standing committee examining the Collection of Statistics Bill 2007 was reported that the company who are not fulfill the provision were have to pay the fine and the government should be more strict they may be increase there fine rates more than 1000.They also reported that a section within the Government locking up to make sure that companies give the necessary statistics. However, it was also fraught with the risk of misuse and government officials to harass companies could use provisions like imprisonment. Government faces the problem of lack of data of the companies for that government introduces Collection of Statistics Bill 2007 that maintains the profile, reports, and data of the companies.

Animation films are reporting good business in India

Friday, September 7th, 2007

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It is latest news from Indian business week that in film industries animation films are reporting good business profits. As compare to all other film releases animation films marks good profits opening. More than half animation films are related to religious beliefs releases in India that is the main reason why all these animation films marks great success in India.

For example latest animation films like ‘Hanuman” and Shiva and Krishna did good business in India. The Anil Goyal which is the producer of new animated film “Icy n Spicy” said that India is good business point for all animated film industries.

Mainly in India animated film is not so popular in India. Not only Indian producers are not quite interested in making animated films but after the success of some of Hollywood animated films not Indian producers are also interested in animated film business.

It is really interesting thing to here that according to the report publish by NASSCOM Indian film industries have reach till 2010 nearly to $869. But all Indian animated film producers are mainly taking religious topics for their films.