Pyramid Saimira ties up with RDB Group

Leading multinational entertainment group present in six countries, Pyramid Saimira Group, which has scaled down and consolidated its business operations due to liquidity crisis for the past one year, has announced that it has roped in Kolkata-based infrastructure major RDB Group as a strategic partner.

In association with RDB Group, which has a strong presence in Eastern and Western India, the Chennai-based Pyramid Saimira will produce 28 films and 1785 hours of TV content for the fiscal year 2010-11, the company said. RDB group has decided to invest Rs. 40 crore for around 40% in Pyramid Saimira.