'Selling could further intensify and take the index towards 22,800-22,750 in the near-term.'
Multiplex operator, PVR Limited, on Thursday said that there might be a spurt in ticket prices by 8-10 per cent this year.
A low-intensity blast occurred near a multiplex in Delhi's Rohini on Thursday, injuring one person and sparking panic. The explosion took place near a park in the same area where a previous blast occurred in October. Delhi Chief Minister Atishi accused the BJP-led central government of failing to maintain law and order in the national capital.
Multiplex chain operator PVR is planning to invest up to Rs 400 crore over the next three years to set up 250 screens across the country. The expansion would be funded through a mixture of debt, equity and internal accruals.
India's largest cinema chain, PVR, will open 30-40 more screens across the country in the next six months, a senior company official said.
As is always the case with big films, there is no decision on the count of screens allotted to the big releases, Singham Again and Bhool Bhulaiyaa 3.
'One of the most significant factors contributing to the optimism for 2025 is the lineup of films featuring Bollywood's three superstar Khans.'
Open offer to buy 26 per cent additional stake from public on cards.
With the opening of these multiplexes, the total number of screens of the company would go up to 76 with an aggregate seating capacity of 19,454.
'The combination of star power, compelling storytelling, and action-packed drama promises to set the box office ablaze and kickstart the new quarter on a spectacular high note.'
'If after 25 years, I don't experiment, it's going to be never.'
Pushpa 2's advance bookings have set a new record, with advance bookings standing at Rs 50 crore on Day One.
PVR Ltd., the retail entertainment company, is planning to open 500 screens across the country in three years. For this financial year, the company plans to open 60 screens in cities including Surat, Kochi, Pune, Bhopal, Vijaywada, Mysore, New Delhi and Jalandhar.
A non-strategic investor like Poonawalla brings in not only capital but also creative freedom. Indian cinema needs more investors like him, reports Vanita Kohli Khandekar.
PVR Cinemas, the Rs 180 crore (Rs 1.8 billion) multiplex chain, is foraying into eastern India this financial year. It is looking at setting up 50-60 screens in 7-8 locations in eastern India within the next 5 years.
In a counter affidavit filed in the court, the department has said that temporary transfer of rights to copy in a limited manner will be chargeable to service tax.
'What is Balaji without Ekta (Kapoor), what is Dharma without Karan (Johar?)'
Sukanya Verma remembers some of his greatest solo numbers in our fondly curated playlist.
Much of the discussion is happening at a "family level, not a corporate level". That means it is an Ambani or a Goenka in direct talks with Johar.
'Outside the house, he was this iconic deified figure.' 'Inside, he was a sorted-out, genial householder, always ready to lend a patient ear to our problems.'
Disney Star creates new viewership record in high-voltage India Pak match
Tech titan Google on Wednesday launched the Google Wallet app for Android users in India, allowing them to securely store essentials like boarding passes, loyalty cards, event tickets, and public transport passes. The digital wallet, which becomes operational in India from Wednesday, comes as a complementary service to existing payment app Google Pay, a top official said.
Cinema owners elated with 'extraordinary' advance booking match screenings
'If the South starts shooting on IMAX more, it will be beneficial. And likewise, it will benefit Bollywood directors.'
On the occasion of the 25th anniversary special premiere of Sarfarosh, actor Aamir Khan treated fans with a big update on the sequel of the film.
January 22, 2024 has passed into history. Scenes from a day of religious fervour in many parts of India.
'Bottomline, hairline and waistline -- you have to watch them always.'
This is the first time that a trailer has been launched midair.
Retail investors now own a larger share of smallcap companies than they did a year ago, thanks to their conviction in mutual fund (MF) schemes focused on this segment. Data from Capitaline shows that MFs' average holding in the National Stock Exchange Nifty Smallcap 250 Index stood at 9 per cent at the end of the October-December quarter of 2023-24 (FY24), up from 7.76 per cent in the same quarter of 2022-23.
When the Pakistan innings ended, there were 1.1 crore viewers live on the app and this increased to 1.4 crore viewers during the innings break.
It also asked why the data shared pertained to a period from April 2019 even though the scheme for anonymous political funding was introduced in 2017.
'While Rocky Aur Rani is a good film, there is nothing compelling in the content for which viewers would be ready to pay a premium.'
From steel tycoon Lakshmi Mittal to billionaire Sunil Bharti Mittal's Airtel, Anil Agarwal's Vedanta, ITC, Mahindra and Mahindra, and a lesser-known Future Gaming and Hotel Services were among the prominent buyers of the now-scrapped electoral bonds for making political donations.
'Elections and audience interest in specific movies are often independent factors.'
'In terms of ticket sales, Hindi is at 50-60 per cent while the South markets are at 80-90 per cent of pre-pandemic levels.' The patchy performance of Hindi, the largest segment of the business is the nub of what is bothering Indian cinema.
The premium mall, Jio World Drive (JWD), is spread across an area of 17.5 acre and it will be Mumbai's first rooftop Jio drive-in Theatre which will be operated by PVR. JWD will house only premium international and Indian brands.
'We will see footfall returning to pre-COVID levels by January.'
The BJP enters challenging times where it has been given a task to hold onto the values of Ram in running the country as defined by Narendra Modi in Ayodhya, notes Sheela Bhatt.
