Co-promoter Kotecha exits Pyramid Saimira

Nirmal Kotecha, co-promoter of Pyramid Symira, a Chennai-based entertainment company, has sold his entire stake in the company. He was holding 24.89 per cent stake in the company as on September......

Letter forged, say Sebi, Pyramid Saimira

Pyramid Saimira Theatre, the Chennai-based entertainment firm, was in the limelight on Tuesday after it announced it was the victim of a forgery and the stock was frozen at circuit filer of 10 per......

SC rejects Pyramid Saimira plea to lift Sebi ban

The Supreme Court on Friday upheld the seven-year trading ban imposed by market regulator Sebi on Pyramid Samaira Theatre for its fraudulent initial public offer. Rejecting a petition filed by the......

Sebi mulls legal action against Pyramid promoters

Market regulator Securities and Exchange Board of India (Sebi) is understood to be contemplating legal action against P S Saminathan, managing director and one of the promoters of Pyramid Saimira......

Rajnikanth to return Rs 10 crores?

Superstar Rajnkanth has been shocked by the poor fate of his Tamil film, Kuselan. The chief distributor of the film, Pyramid Saimira,is under pressure from smaller distributors and theatre-owners,......

Rajnikanth's Kuselan sold!

The star power of Tamil superstar Rajnikanth is simply awesome. Whether he is the lead actor or guest appearance, any film of his becomes the hottest property in the entertainment market. Just......

Kuselan impasse ends

The distributors and theatre owners of Chennai-Chengalpattu region who have demanded compensation from Seven Arts, Kavithaalaya, Pyramid Saimira International Films and Rajnikanth for the debacle......

Kamal to team up with Rajni's daughter?

Soundarya Rajnikanth, whose Ocher Studios is in the process of producing films in collaboration with Hollywood major Warner Brothers, has reportedly been paid a hefty advance to the brothers......