Sudha Murty - Stories of Wit and Magic

Some of the stories themselves are a little ridiculous (the last one I saw my daughter watching implied that you get a stomach ache if you keep a secret) but most of them seem to be reasonably good, and all of them have morals to encourage kids to do the right thing.

The voice actors have no idea how to pronounce all of the Indian names included in the stories, and seem to have been instructed to speak like robots (possibly to increase clarity of each word). At times, the words used make it seem like they've used computers to translate some other language to English - the overall effect isn't very nice.

The subtitles don't seem to have much to do with the spoken words other than their overarching meaning, so you definitely can't use them to help your child learn to read.