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Indian of the week 02/07

India's cinema operator to expand in Malaysia
By M. K. Megan, Business Times



Samy’s good son venturing in entertainment business

Maika Holdings Chairman, Tamil Nesan Chairman and now as Asian Integrated Industries Chairman signed a new joint venture deal with Pyramid Saimira, an Indian company, to setup 150 digital multiplexes that he says would create 7,000 jobs directly and indirectly in Malaysia.

Pyramid Samira listed recently in Indian stock exchange with listing price of RS 140 shot up to Rs. 487.20. says Hindustan Times.

"First it should concentrate on India, prove its business plans and potential before going abroad," says an analyst, the paper added

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