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CARNIVAL CINEMAS
CFM ARC wins bid for defunct Carnival CinemasThis follows CFM offering ₹78 crore to take over Carnival's ₹1,290 crore debt from rival JC Flowers ARC, which did not get any challenging ...- Carnival Cinemas now an NPA, YES Bank to recast Rs 800 crore loan"YES Bank is the sole lender to Carnival Cinemas, they have not been able to service the debt and the bank has now decided to take the matt...
- A sad twist in the tale: Carnival cinemas unable to pay creditorsThey estimate the chain’s current debt at upwards of Rs 700 crore, which the company is finding difficult to service, even as some frustrat...
- Carnival Cinemas partners Louis Entertainment to expand in Northeast IndiaAs part of the deal, Carnival Cinemas will provide with the SoPs for operating cinemas, onscreen and off-screen advertisement support, audi...
- Carnival Cinemas lines up Rs 200 crore to upgrade screens"We have signed a long-term deal with TSR for replacing all our existing projection systems, which are on lease, with the latest RGB Laser ...
- Carnival cinemas partners ZebraIoT to deploy energy saving solutions across cinemasThe IOT platform provides predictive equipment maintenance facility for managing energy, predicting equipment failure or detecting other is...
- Carnival Group to acquire Qatar’s multiplex chain from Elan GroupWhile the financial details were not disclosed, sources say the deal is pegged between Rs 500-690 crore ($75-100 million).
- Carnival to manage Maharashtra-based E-Square’s theatresAs part of its strategic tie-up, Shrikant Bhasi-led cinema chain will take over the existing 37 operations screens this month and also upco...
- Carnival Cinemas eyes over Rs 1,000 cr revenue this fiscalThe multiplex operator plans to more than double its screens in 2018, as well as launching a loyalty programme, Carnival Select Lounge.
- Carnival Cinemas acquires 4 screens in Singapore, eyes expansion in other international marketsRex Cinemas Mackenzie is near Little India, which is considered a hub of Indian community in Singapore, while Rex Golden Mile is in an upma...
- Carnival Cinemas ropes in Mohan Umrotkar as CEO, elevates PV Sunil to MDAt Carnival Cinemas, his mandate will be to oversee the completion of its corporate vision of 1,000 screens and ensuring that each business...
- Carnival Cinemas appoints Vishal Sawhney as COOSawhney comes with close to two decades of experience primarily in the entertainment, real estate and hospitality industries in India, Midd...
- Carnival Cinemas brings on board Pramod Arora as directorArora joins Carnival Cinemas from Everstone Capital Advisors, where he was overlooking the consumer facing businesses of the company.
- Carnival Cinema plans to add 700 screens by March 2018Carnival which has largely followed the acquisition model to scale its business is now looking at the organic route to add screens.
- Carnival Cinemas planning to add more screens and surpass PVR, INOX LeisureCarnival currently operates 324 screens across 118 properties in 88 cities and has set a goal of 1,000 screens by 2018.
- Reliance MediaWorks concludes multiplex sale, debt cut by Rs 700 croreThe group said the deal was the largest in for the sector in India, adding that talks were also on for another potential deal worth around ...
- Reliance MediaWorks-Carnival Films deal gets CCI clearanceThe proposed transaction will reduce R-Capital's overall debt by Rs 700 cr & is part of Reliance Capital's strategy to exit minority invest...
- Blockbuster deal in multiplex space: Carnival acquires Anil Ambani's Big Cinemas for Rs 710 croreEnding months of negotiations, Carnival – backed by a Mumbai based agro trading company – on Monday said it will acquire Ambani’s Big Cinem...
- With 300 multiplexes in tow, Carnival Cinemas is set for the big screenCarnival Group Chairman Shrikant Bhasi has big dreams for the big screen with his 300-multiplex plan.
- Carnival Cinemas acquires HDIL's Broadway Cinema for Rs 110 croreCarnival Group is a Mumbai-based corporate with diversified business in hospitality, media and entertainment sector.
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