Tuesday, March 24, 2009

COMPACT DISC FIRM TO INVEST RS 100 CRORE FOR GAMING STUDIO

Mumbai
The Hindu Business Line

Entertainment firm Compact Disc India on Monday said its subsidiary firm Laser Infomedia would invest Rs 100 crore for setting up of a gaming publishing and development studio at Jaipur.

Laser Infomedia would set up the studio within the next financial year, Compact Disc India said in a filing to the Bombay Stock Exchange. For this project, the Rajasthan State Industrial and Investment Corporation has recently allotted a land plot at Jaipur, it added.

Shares of Compact Disc were trading at Rs 35.95, up 4.20 percent in the afternoon trade on the BSE

0 comments: