The Securities Appellate Tribunal (SAT) has allowed Nirmal Kotecha to sell the shares of a firm towards payment of the disgorgement amount as ordered by in the nearly decade-old Pyramid Saimira Theatre matter. The proceeds from sale of the shares…
A Big Lash to the Malayalam Cinema
The Malayalam cinema industry has been hit hard by the recent torrential rains that ravaged the state with many theatres being inundated and some with massive damages. A meeting of film producers, distributors and theatre owners with the office bearers…
SC Puts J&K on Permit for Carrying Outside Food in Cinemas
The Honorable High Court of Jammu and Kashmir, in PIL No. 11 of 2018, has passed on order dated 18 July, 2018, whereby the Honorable High Court had, inter alia, directed the Multiplexes / Cinema Hall owners of the State…
Vkaao Breaks Stereotypes in Indian Film Industry
With the evolution of the Indian cinema progressing towards better evolutionary developments day by day, the industry has also seen the rise of many stories and storytellers. And many at times, not all these stories reach the audiences through a…
INR 5 Billion by FY20: PVR Sets Goals for SPI
Multiplex chain PVR Ltd is eyeing Rs. 5 billion revenue from South India-based SPI Cinemas, which the former is in the process of acquiring, by financial year 2019-20. SPI Cinemas, which operates 76 screens across 17 properties in 10 cities…
PVR Acquires SPI Cinemas
PVR Ltd, India’s largest and most premium multiplex chain announced its acquisition of SPI Cinemas Private Ltd, one of the largest cinema exhibition player in South India with its presence in key markets of Tamil Nadu, Telangana, Andhra Pradesh, Karnataka,…
Major Cineplex to Conquer Laos with partner, LAO World PCL
Major Cineplex Group PCL under the lead of Vicha Poonworaluk, CEO of Major Group, has agreed on the deal to rent the space, from Lao World PCL, for the opening of its new branch at ITECC MALL. Top influential retail…