PVR Inox shares hit a 44-month low of Rs 1,154, declining 8 per cent on the BSE in Tuesday's intra-day trade in an otherwise firm market, driven by growth concerns. The stock has slipped 23 per cent from its December high of Rs 1,620, touched on December 5, 2024. It has fallen below its previous low of Rs 1,203.7 from June 4, 2024, and is trading at its lowest level since May 2021.
The gunman entered the Greenwood Park Mall with a rifle and several magazines of ammunition and began firing in the food court.
FLEXI Show will give the audience the freedom to leave the movie hall at any point while paying only for the time they watched it.
Consultants who help lease these properties say this is the steepest decline at least in a decade.
Film folk have been very busy this year, attending trailer launches and promotional events. Hitesh Harisinghani/ Rediff.com vouches for that, as he recaps 2024 with his insightful clicks.
Priyanka Mohan lights up the silver screen while ruling the fashion scene!
Among the options being weighed are discounts on existing rentals, short-term deferrals, and 50 per cent waivers.
Private consumption is back driven by festive spending, and the medium-term economic outlook remains bullish as the innate strength of the macro-fundamentals reasserts itself, the Reserve Bank Bulletin said on Wednesday. Global economic activity remained resilient during Q4:2024 amidst fragile confidence and rising protectionism, said an article on 'State of the Economy' published in the November Bulletin.
On Sunday, protestors carrying Khalistani flags clashed with people at the Hindu temple and disrupted a consular event co-organised by the temple authorities and the Indian Consulate.
West Bengal is home to 43,000 Durga Pujas, and the business around it is a major economic driver.
In a development that may encourage increased investment in commercial real estate, the Supreme Court on Thursday gave the industry relief by permitting input tax credit (ITC) on construction expenses for buildings meant to be leased. "If the construction of a building was essential for carrying out the activity of supplying services, such as renting or giving on lease or other transactions in respect of the building or a part thereof, which are covered by clauses (2) and (5) of Schedule II of the CGST (Central Goods and Services Tax) Act, the building could be held to be a plant," said Justice Abhay S Oka and Justice Sanjay Karol.
Retailers want rental waivers should be extended for a few more months, since business is not expected to pick up before the Dussehra-Diwali period, which falls in October-November.
Himachal Pradesh experienced its second snowfall of the season, leading to the closure of 15 roads, including two national highways. A tourist from New Delhi died in an accident on an icy road in the Lahaul Spiti district, while three others sustained injuries.
A businessman was allegedly kidnapped from outside a shopping mall in south Kolkata's Kasba area but was rescued within hours, a senior police officer said on Thursday.
Nikita Sahay, a former captain in the Indian Army who has worked with Rohit Bal, shares fond memories of the legendary designer who passed away into the ages on November 1, 2024.
Senior police officers reached the spot and barricaded the road leading to the building where the body was found in a single bedroom house, where the victim was staying alone.
A Congress worker died during a protest near the Uttar Pradesh Assembly in Lucknow, India, on Wednesday. The Congress party alleged the worker, Prabhat Pandey, died due to "police brutality," while police said he was brought to the hospital unconscious and had no visible injury marks. An investigation is underway, and a post-mortem is to be conducted by a panel of doctors.
As part of the Mission Begin Again initiative in Maharashtra, malls and market complexes without theatres, food courts and restaurants will be operational between 9 am and 7 pm from August 5.
While there was a sharp drop in footfalls in malls in H1FY21, there was reasonable recovery in H2. However, the second wave derailed the recovery.
At least one person was injured after an out-of-control state-owned Bangalore Metropolitan Transport Corporation bus ploughed into multiple vehicles on a flyover in Bengaluru, police said on Tuesday.
Mall owners have incurred a loss of around Rs 3,000 crore during the ongoing second wave of the COVID-19 pandemic over the last eight weeks due to lockdowns and restrictions imposed by various states across the country. In the wake of the second pandemic wave, around 25 per cent of the business of the retail side across categories has been lost and this is going to impact the mall owners as well, according to Shopping Centres Association of India (SCAI) Chairman Mukesh Kumar. However, mall owners would go ahead and complete their under-construction projects as they anticipate demands for commercial and office space once the pandemic recedes, the SCAI said.
The Opposition had promised to scrap the Dharavi redevelopment project if it came to power. With the Mahayuti's massive mandate in the Maharashtra assembly election, that prospect has been laid to rest.
'To the youth, I would say that they should not assume in the starting itself that they would be bagging medals. They should exercise patience, because sports consume a lot of your time.'
Several people were killed after a gunman opened fire at a shopping centre in Copenhagen on Sunday, Danish police said.
The best thing parents can give to their child is their time, says Professor Suvasish Mukhopadhyay.
The fire had erupted on the second floor of the basement-plus-three storied mall at 8.50 pm on Thursday.
The distribution of the Covid-19 vaccine is underway across the world. To provide a convenient and safe place for people to receive COVID-19 vaccines, countries around the world transform shopping malls, churches, airports, subway stations and museums to vaccination centers. Some also offer vaccination services on the river and mountain.
The CBI has said the mall belongs to Yadav who has made investment in the project through a company.
Bomb disposal squad teams cordoned off the hospitals to check the hospital premises but found nothing suspicious.
Retailers and multiplex operators want mall owners to either forgo rent for the period of the shutdown or lower rent in the event the mall is open but footfalls are low.
What's the mantra for reviving ghost malls? Most important, a right mix of products. They also need to transform into community spaces.
The analyst said since servicing of principal and interest on loans will beome challenging for mall operatos in the next couple of months.
Retailers are set to end a prolonged period of sluggish sales as the end-of-season sales (EOSS) coincide with the upcoming long weekend. Apparel and lifestyle retailers have faced challenges since the festival season last year. However, with EOSS, which began in June, sales have started to recover, showing noticeable improvement in July and August.
7.8 million square feet of mall space is under construction this year, the highest ever since 2011.
At the heart of the matter are revenue-share rental agreements that retailers are mooting over fixed-rent contracts that they say are unsustainable, given the revenue loss they've suffered during the lockdown.
The fire broke out at the Sunrise Hospital in the Dreams Mall building in Bhandup area shortly after midnight, the official said. Around 70 patients were rescued, he added.
Offline retailers are feeling the Omicron January chill as consumers are apprehensive about venturing out in the midst of rising Covid cases across the country. Covid restrictions, as well as concerns over the new virus variant, are seeing shoppers pull back from the high streets and shopping malls, clearly cautious about streaming into stores and choosing to self-censor instead. Offline retailers' hopes of a bumper End-Of-Season Sale (EOSS) and Republic Day (R-Day) Sale to compensate for losses over the pandemic have been dashed. Fewer trips to malls mean lower footfall and sales, resulting in higher piling of stock - and possibly higher discounts.
Hacker group John Wick is said to be responsible for the Paytm Mall database breach.
The new rule will come into effect from March 22.
Both partners would inject $200 million each in the form of equity and hold 50 per cent stake each. They plan to raise another $600 million in the form of debt to create a corpus of $1 billion to develop malls across tier-I, II and III cities.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances