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Volume no.: 1 Issue no. 13

21 December 1998

CINEMA

FURORE OVER FIRE

Fire, a film portraying the pressures of modern Indian society on two women and their lesbian relationship, has been pulled off the big screens in India following large-scale protests by activists having allegiance to political parties. Directed by filmmaker Deepa Mehta, the movie has been sent back to the Indian censor board for re-censoring following the brouhaha.

INDIAN FILM GETS INSURANCE

In probably what could be a first for the Indian film industry, a Hindi film has managed to secure insurance from a government-owned insurance firm.

Taal, the film in question, has been insured by United India Insurance for a sum of Rs 100 million. The insurance is against every kind of risk, including the film's star cast, third party damage, technical equipment, office property and unseen foreseen expenditure. The film has been produced and directed by one of India's most successful filmmakers Subhash Ghai. Hitherto, insurance companies would not touch feature films even with a barge pole as the trade did not have the status of an industry. Earlier this year, the government announced that it was giving Bollywood industry status, throwing open the doors to institutional funding and insurance. However, not many financial institutions have come forward to fund projects as they feel the Hindi film making business has yet to professionalise.

 
 

Sony-Zee TV trench in war over market leadership claims

  Sun TV: Flagging off a second channel

  Zee TV shareholder meeting: Good financials forecast

  MIP Asia'98: Organisers say it was useful

 
Delays in Legislation criticised

Court labels Murdoch a criminal

 

Pakistan protests against Indian attempt to jam PTV

 

Deals struck at MIP Asia'98

 

Star Movies tom-toms new fare

 

Radio frequency management body set up

 

Singapore firm launches Internet Box


 

Parliament session may be extended for 10 days

 

Institutions meet on funding Chandra's Satphone project this week

 

Satyam Infoway launches Internet Service in Mumbai

 

ADVERTISING

 

Watchdog Body gives up on Cigarette Ad code

 

Cinema

 

Furore over Fire

 

Indian film gets insurance

 

Interview

 

Interview with acting chairman & managing director Amitabh Kumar. Read More...

 
 
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