'The number of films released in cinemas in 2022 was closer to 1,200. It could cross 1,500 in 2023, since nearly all big stars in Hindi and regional languages have films lined up this year.'
According to industry figures, the pre-Covid demand for liquid medical oxygen (LMO) before the pandemic was 700 tonnes per day across the country. Now, with the second wave, the demand has gone up more than seven times, reports Jyoti Mukul.
While Zee managed single-digit growth in revenue, HT Media's income dipped marginally, reports Urvi Malvania/Business Standard.
Both RMW and Inox had got into a tussle over acquiring Fame in February, and now analysts say the company which shells out more to shareholders will corner the shares.
'The second half of 2022 definitely looks stronger for Bollywood.'
This is the fourth time in three decades that Aamir Khan and Akshay Kumar have had movie releases on the same day.
From trucks lined up and waiting in the area to local vendors, the scenes tell a story of livelihoods stalled.
'Is it advisable to have more number of scrips in small quantities or a few scrips in big quantities?'
Ushering in a new era of movie watching, the Union government allowed multiplexes, cinema halls and theatres to reopen from Thursday within the framework of a set of standard operating procedures.
'This is a blip in the 100-year history of cinema.'
MakeMyTrip, RBL Bank, Inox wind and IRCTC are among the firms that have made it to the Fortune Next 500 list of Indian companies.
The Delhi high court on Tuesday said that economic interests cannot override human lives and in view of various hospitals in the national capital running low on oxygen, the Centre should immediately implement the ban on industrial use of oxygen instead of waiting till April 22.
Tesla Inc chief Elon Musk is set to acquire micro-blogging site Twitter for about $44 billion. Back home, India Inc, too, is seeing aggressive merger and acquisition (M&A) activity with PVR-Inox and HDFC-HDFC Bank announcing their mergers recently. While Axis Bank recently acquired Citi India's India retail business, reports suggest Larsen & Toubro Infotech (LTI) and Mindtree could be eyeing a merger.
'In our business, every time a seat goes empty, it is a perishable good.' 'We have lost the opportunity of earning revenue out of it.' 'It's impossible to recover what we have lost.'
'Bottomline, hairline and waistline -- you have to watch them always.'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Flagging the 'severe crisis' over availability of medical oxygen in Tamil Nadu, Chief Minister M K Stalin on Friday urged Prime Minister Narendra Modi to intervene and ensure it gets supplies and for the Centre to make available containers and trains to transport the life saving gas to the state.
It's Thursday movie night for these film folk.
"We are in a very comfortable situation today. The daily requirement of oxygen is 3.6 metric tonnes and we have about six tonnes available which will last for the entire day. It is quite a comfortable situation."
Movie theatres may reopen around the second week of July.
Sooryavanshi and Annaatthe have already collected 6 percent of the film industry's 2020 revenue.
As India continued to record a huge number of new COVID-19 infections, hospitals in the national capital and other major cities complained of 'dangerously low' levels of oxygen that is needed for critically ill patients. The situation has been made worse by states that house oxygen manufacturing units restricting inter-state supplies.
A controversy has erupted over the portrayal of the Jat king of Bharatpur in the movie.
Hospitals in the national capital continued to grapple with a shortage of oxygen, saying they are still operating on the "beg and borrow" mode, while three of them also raised the issue before the Delhi high court on Monday, stating they were not receiving enough supplies.
For six days in a row the active cases of COVID-19 remained below 9 lakh.
The cinema industry is staring at a loss of at least Rs 5,000 crore at the box office over the next six months if Omicron proves to be a spoiler.
Multiplex chains are rushing to smaller towns
From Rs 191 billion in 2019, the world's largest film producing industry now stands at Rs 72 billion thanks to the pandemic.
'If SARS-CoV-2 is anything like the first one, we expect antibodies to last at least two years, and it would be unlikely for anything much shorter'
Multiplex operators like PVR Ltd, Inox Leisure, Reliance Mediaworks and Mexican chain Cinepolis are scrambling to set up theatres
Audience turnout is crucial to most exhibitors, since their discussions with film producers hinge on how many people will return to movie halls in the weeks ahead.
A government doctor said hospitals in Delhi are wary of admitting more patients amid a serious shortage of oxygen in the city.
Increase in occupancy will pave way for Hindi blockbusters to release, say multiplex operators.
The official said that the Centre needs to intervene as a large number of hospitals are affected due to the "stoppage of oxygen supply from Haryana".
Indian companies had invested $7.34 billion.
Buoyed by Sooryavanshi's success, the Hindi film industry is banking on 25-30 big movies lined up with a collective cost tag of Rs 2,000 crore.
Ajit Mishra, vice president, Research, Religare Broking, answers queries on how to invest in stocks.
'The blockbusters are unlikely to be launched in 2020.' 'They will move into the 2021 cycle when confidence level among people will be higher.'
