Nova Cinemas plans to open 3,000 screens in the next four years through its franchise model. Nova is the theatre arm of Mumbai-based UFO Moviez. The company has entered into a joint venture agreement with an exhibitor in Kerala to…
Inox Eyes Premium Segment
Inox Leisure has its eyes set on expansion in the premium segment over the coming 18 months. Siddharth Jain, director, Inox Group, firmly believes a combination of technology and luxury offerings is the way to expand its footprint. At 471…
Smaaash Buys PVR’s BluO for Rs 86 Crore
Smaaash, a sports-based entertainment company, has acquired 100 per cent stake in multiplex operator PVR-owned entertainment firm bluO for an estimated Rs. 86 crore, in an all-cash deal. bluO is a joint venture between PVR Ltd and Major Cineplex Group…
PVR Receives PCI-DSS Certification
PVR Ltd, the largest cinema exhibition company in India, has been certified with Payment Card Industry Data Security Standard (PCI DSS) version3.2. PCI-DSS is a globally recognised security certification standard designed for protecting cardholders’ information. After a successful completion of…
Prozone Mall Coimbatore is Now Open
ProzoneIntu announced the formal launch of Prozone Mall in Coimbatore on July 21. The mall, set up on 12 acres on Sathy Road is jointly promoted by the UK-based Intu Properties and Prozone and designed by Bentel Architects, South Africa,…
INOX Leisure Limited Net Profit Increases by 29%
The Board of Directors of INOX Leisure Limited (INOX) announced its results for the first quarter of the financial year 2017-18, following its meeting on 26th July in Mumbai. For the quarter ending 30 June, 2017, INOX reported Rs. 387…
PVR Cinemas Chooses Christie Duo
PVR Cinemas, the largest film and retail entertainment company In India, has purchased 14 sets of Christie Duo dual-projection system to be deployed in its theaters across the country. The first of which will be installed at PVR Mani Square…