They estimate the chain’s current debt at upwards of Rs 700 crore, which the company is finding difficult to service, even as some frustrat...

The IPO was significantly oversubscribed and attracted bids from leading institutional investors.

Mukta A2 Cinemas to invest 30 crore, which will be raised from internal debt, says MD Rahul Puri.

The total capital expenditure that we intend to incur on this pipeline at least for 2016-17 is roughly Rs 200 crore, which would be funded ...

Carnival which has largely followed the acquisition model to scale its business is now looking at the organic route to add screens.

Carnival currently operates 324 screens across 118 properties in 88 cities and has set a goal of 1,000 screens by 2018.

Carnival Group acquired Leela Infopark through share buyout of Aushim Soft, a co-developer of Technopark and part of the Leela Group.

The company is focusing purely on its core financial services businesses, significantly reducing exposure to non-core investments in the me...

The 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 ...

“This acquisition is in pursuance of our core strategy to offer a world-class cinema experience to the discerning Indian consumer,” said Bi...

This would be PVR’s second attempt to acquire DT Cinemas after 2009, when it entered into definitive agreement with the DLF Group.

The proposed transaction will reduce R-Capital's overall debt by Rs 700 cr & is part of Reliance Capital's strategy to exit minority invest...

Shrikant Bhasi closed 2014 as the fastest growing multiplex mogul and his flagship Carnival Group already the third largest in the industry...

Ending months of negotiations, Carnival – backed by a Mumbai based agro trading company – on Monday said it will acquire Ambani’s Big Cinem...

Anil Ambani-led Reliance Group has sold its multiplex business to South-India based Carnival Group in the largest ever deal in this space.

Carnival, which earlier had a target of reaching 300 screens nationwide has significantly scaled up its expansion plans and now is targetin...

Earlier this month, a consortium of its 14 lenders, sold loans worth around Rs 3,880 crore to JM Financial Asset Reconstruction Company.