T-Series, Reliance Entertainment join hands to produce films; investment pegged at Rs 1,000cr

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Mumbai, Sep 13 | In one of the Indian film industry’s biggest collaborations, T-Series and Reliance Entertainment have joined hands to produce more than 10 films together across varied genres, including big-budget tentpoles as well as mid- and small-budget content-rich films.

This giant collaboration that brings two major production houses together with an investment of approximately Rs 1,000 crore will bring forth films ranging across different genres, production scales, talent and music.

Bhushan Kumar’s T-Series and Reliance Entertainment have worked together on the music marketing front for more than 100 films. Now for the first time both studios will collaborate to produce a slew of films, marking the start of a larger long-term relationship for content creation between the two organisations.

The extensive line-up of films is in various stages of development. Bejewelled with three big-budget blockbusters, the lineup also features films headlined by some of the country’s most revered on-screen and off-screen talents. Others in the pipeline are Hindi remakes of Tamil blockbuster action thrillers, a mega historical biopic, an espionage thriller, a courtroom drama, a satirical comedy, a romance drama and a film based on shocking true events.

T-Series is the largest music record label in India and one of the top successful film production companies. Reliance Entertainment is a leading media and entertainment company in the country with more than 300 commercially and critically acclaimed movies in its portfolio.

In recent years Reliance Entertainment has produced several hits under its partnerships with Rohit Shetty, Imtiaz Ali, Neeraj Pandey, Vikas Bahl, Vikramaditya Motwane, Anurag Kashyap, Ribhu Dasgupta and S. Sashikant.

The new slate of film will be produced in the next 24 to 36 months under the aegis of some of these partnerships and with other promising filmmakers such as Pushkar and Gayatri, Vikramjit Singh, Mangesh Hadawale, Srijit Mukherji and Sankalp Reddy. At least four to five films will have a big-screen release worldwide, starting next year (2022).

Bhushan Kumar, Chairman and Managing Director, T-Series, said, “After working on music marketing together, this collaboration has happened at the right time and this will just strengthen our ties. We hope to give our Hindi film audiences new and unconventional films.”

Shibasish Sarkar, Group CEO, Reliance Entertainment, added, “I really look forward to our partnership with T-Series. This partnership with Bhushan will surely mark the beginning of a great feat in the Indian film industry as we move on to offer a bouquet of path-breaking and momentous films to our audience.”

Source: IANS

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Does MBA really help in getting a better job offer ?

Does MBA really help in getting a better job offer ?

Most students pursuing an MBA come with the sole objective of having a decent job offer or a promotion in the existing job soon after completion of the MBA. And most of them take loans to pursue this career dream. According to a recent survey by education portal Campusutra.com  74% MBA 2022-24 aspirants said they would opt for education loans.

There are exceptional cases like those seeking master’s degree or may have a family business to take care of or an entrepreneurial venture in mind. But the exception cases are barely 1%. For the rest 99%, a management degree is a ticket to a dream job through campus placements or leap towards career enhancements. Stakes are high as many of them quit their jobs which essentially means loss of 2 years of income, apprehension and uncertainty of the job market. On top of that, the pressure to pay back the education loans. Hence the returns have to be high. There is more than just the management degree. Colleges need to ensure that they offer quality management education which enables them to be prepared for not just the demands of recruiters and for a decent job but also to sustain and achieve, all along their career path.

  • So, what exactly are the B Schools doing to prepare their students for the job market and make them industry ready ?
  •  Are B schools ready to deliver and prepare the future business leaders to cope up with the disrupted market ?  

These are the two key questions every MBA aspirant needs to ask, check and validate before filling the MBA application forms of management institutes. And worth mentioning that these application forms do not come cheap. An MBA aspirant who may have shortlisted 5 B Schools to apply for, may end up spending Rs 10,000.00 to Rs 15,000.00 just buying MBA / PGDM application forms.

While internship and placements data of some management institutes clearly indicates that recruiters today have specific demands. The skill sets looked for are job centric and industry oriented. MBA schools which have adopted new models of delivery and technology, redesigned their courses, built an effective evaluation process and prepared the students to cope with the dynamic business scenario, have done great with campus placements despite the economic slow down.

However, the skill set being looked for by a consulting company like Deloitte or KPMG may be quite different from FMCG or a manufacturing sector. Institutes need to acknowledge this fact and act accordingly.

  • Management institutes should ensure that students are intellectually engaged, self motivated and adapt to changes fast. In one word ‘VUCA ready’.
  • B Schools should encourage students to participate in national and international competitive events, simulations of business scenarios.
  • Institutes should have the right mix of faculty members with industry exposure and pure academics.

The placement records of 2021 across top management institutes indicated the fact that recruitment is happening, skilled talent is in demand and certain management institutions continued to attract recruiters even in the middle of an ongoing crisis.

It is time, all management institutes rise to the occasion, understand market realities and identify areas of improvement at both ends – students and faculty.

After all, the stakes are high at both ends. B Schools taking corrective measures will stay while those which are lagging will end up shutting down.

Author Name : Nirmalya Pal

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