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MULTIPLEX EXPANSION
India retail realty leasing touches 3.1 million sq ft in Q1; high streets outpace mallsIndia's retail property market is off to a strong start. Leasing activity remains robust, with retailers increasingly opting for high stree...
PVR Inox shares slide 6% in two days despite strong Q4 earnings. Do Motilal Oswal, Nuvama see any upside?PVR INOX shares dipped despite a return to profitability in the March quarter, reporting a net profit of Rs 187 crore. Strong performance f...
PVR INOX’s Marriott moment: How a theatre giant is rewriting the cinema playbook in India with a new-age expansion modelPVR INOX Marriott model strategy: PVR INOX is shifting to a Franchise Owned, Company Operated model. This strategy seeks to expand its mult...
PVR INOX bets on ‘outing’ culture with luxury West Delhi playPVR INOX is doubling down on premium, experience-led cinemas with a new multiplex in West Delhi, betting on “outing” demand as audiences se...
Inox forays into North East with multiplex in AssamMultiplex operator Inox said it has entered the North East with the launch of a property in Jorhat, Assam.
Large multiplex operators vie for hinterlands as business from non-metros risesThe trend of big-ticket acquisitions began with Inox Leisure acquiring Fame India, which has presence in non-metro regions in the eastern a...
Carnival Group to invest Rs 700 crore to expand multiplex networkMedia and entertainment firm Carnival Group will invest up to Rs 700 crore this fiscal to add 175 multiplex screens mainly through acquisit...
Everstone Capital in talks to buy up to 30% stake in Fun RepublicThe fund formed a joint venture to promote the Burger King brand in India and purchased a minority stake in the fashion chain owned by Ritu...
Cinépolis may invest Rs 800 crore in Indian operation by 2017Cinépolis said it may invest around Rs 800 crore in India to take the number screens in the country to 400 from the present 84 in 13 cities.
- Multiplex companies report impressive growth in June quarter
Most multiplex players, including PVR, Inox Leisure and Cinemax, are geared up well to cash in on these good times.
- Multiplexes to add 200 screens as realty sector picks up steam
Multiplex chains are expected to add over 200 screens before March 2011 as some of the mall projects that were delayed due to the downturn ...
- FAME plans to open more cinemas
FAME Cinemas plans to invest around Rs 60 crore every year to open six multiplex. Each multiplex, with around 4-5 screens, will be equipped...
- Satyam to invest Rs 250 cr to open 104 screens by 2010
Multiplex chain Satyam Cineplexes plans to open 104 screens across the country in the next two years entailing an investment of Rs 200-250 ...
- PVR plans Rs 400 cr investment for 250 screens in 3 years
PVR Ltd on Thursday said it would invest Rs 400 crore in the next three years to set up 250 new screens across the country, which would inc...
- BPCL to invest Rs 600 cr to expand retail network
State-owned oil major Bharat Petroleum Corporation Ltd will invest around Rs 600 crore over the next five years to expand its retail outlet...
- Bougainvillea to expand Spice World
Riding the multiplex boom, MCorpGlobal’s entertainment arm, Bougainvillea Multiplex & Entertainment centre, is expanding its footprint in t...
- Cinemax promoters to offload 32% stake via IPO
The promoters of Cinemax India, the theatre exhibition chain, will sell about 32% of their stake in the company through an initial public o...