Indian DVD giant Moser Baer Entertainment will handle the homevid releases for the next 25 Hindi movies delivered by Disney's partner in India, UTV Software Communications.

"Moser Baer is a turnaround story," the firm's chief financial officer, Yogesh Mathur, told Reuters. "We benefited by investing in DVD capacity, cost cutting and stabilisation of polycarbonate ...

The U.S. unit of Moser Baer India Ltd <MOSR.BO> said it will invest $11.5 million to buy equipment for a pilot manufacturing line it is establishing.