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Saturday, July 14, 2007

Gossip: Rs 2 Cr For 'Santhosham Awards' Function

Suresh Kondeti made plans to celebrate the Santhosham Awards ceremony in Dubai . He says that Dubai would be the good place for the event as there are many Telugus living there. Grapevine says that he prepared for a budget of Rs 2 Crore for this event. It was said that the last awards function in Hyderabad incurred Rs 40 lakhs. He is giving the tickets for many film celebrities and the event is being planned to be a gala one, says the inside sources. Let us see how Kondeti carves that.

Well, there were comments last time that Suresh collected Rs 40 lakhs and shown the same amount as expenditure although actually he spent only Rs 15 lakhs. He also earned good sum by selling the satellite rights of the event to a TV Channel. We have to see how much he collects from sponsors now and how much he spends and how much he bags for himself.

There is an impression that Suresh spends Rs 10 only with an idea to get Rs 100 be it an awards ceremony or a charity show. He is a good businessman indeed.

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