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MULTIPLEX FIRMS
Malls may offer extra relief to multiplexes by adopting revenue-share modelAccording to people familiar with the matter, most of the cinemas will opt for a revenue share model after they are allowed to open, and mo...- Inox Leisure shares tumble nearly 8% on Q4 net lossOn the NSE, it plunged 7.46 per cent to Rs 262.05.
- PVR takes cost reduction steps; plans to raise Rs 300 crore via rights issueClosure of screens during the lockdown will have a significant negative impact on profitability and liquidity.
- Ronnie Screwvala approaches fair trade regulator against multiplexesInvestigation for alleged collusion and for charging Indian movie makers discriminatory virtual print fee.
- 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.
- Vatika Group ties up with PVR to open 26 screens in three townshipsIn a statement, Vatika Group announced "its tie-up with PVR to open and operate 26 multiplex screens in three of Vatika Group's townships".
- 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...
- Inox in talks to buy Satyam CineplexesAccording to sources, Inox is in talks with Satyam Cineplexes to acquire its movie exhibition business.
- Multiplexes to add 200 screens as realty sector picks up steamMultiplex chains are expected to add over 200 screens before March 2011 as some of the mall projects that were delayed due to the downturn ...
- PVR's DT deal hits roadblockThe deal has hit a roadblock with PVR not issuing shares on preferential basis to DLF on due date as part of the consideration, the first p...
- PVR in talks to acquire DLF’s multiplex unitAjay Bijli-controlled multiplex chain PVR is in talks to acquire DT Cinemas, a wholly-owned subsidiary of India’s largest real estate playe...
- Multiplex sector may see 50 pc drop in revenue in Q1 FY'10Multiplex industry is likely to see a 50 pc decline in revenues during the first quarter of FY'10 due to the ongoing IPL season and the tif...
- Cinepolis plans $350-m India show, scouts for local partnersLeading global multiplex player Cinepolis is entering India. The Mexico-based firm, considered to be the fifth-largest cinema operator glob...
- Multiplexes to become complete entertainment zonesMegaplexes are planning to have double-digit number of screens, wine-and-dine options and play areas for children. Bollywood hunks and thei...
- Prakash Jha's firm building malls & multiplexes in BiharBollywood director Prakash Jha is on a different trip these days. His company is setting up malls, multiplexes, budget hotels and factories...
- HDIL to enter entertainment sector, invest Rs 1000 crAn industry analyst said the multiplex industry, which showed strong growth potential, is expected to rake in investments of Rs 2,000 cr. M...
- Pyramid inks JV with realty coPyramid Saimira Theatres (PSTL), the Chennai-based movie theatre chain, has formed a joint venture with Delhi-based real estate firm Baderw...
- Kishore Biyani looks at a filmy FutureApart from investing in films, Future Group is likely to enter the cinema exhibition business.
- SGCL to invest Rs 2,000 cr to build malls, hotelsCaptial-based real estate firm Spirit Global Construction Ltd will invest Rs 2,000 crore in the next three years to develop 60 malls and 15...
- Today Homes to invest Rs 1,000 crReal estate developer Today Homes and Infrastructure Private Ltd will invest about Rs 1,000 crore to set up shopping malls and multiplexes ...
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