Recouping some of the losses made last week when the broader market was on a weak wicket, the stock of Inox Leisure gained 2 per cent. The multiplex operator, which has been expanding both through the organic and the inorganic…
Pyaasa Restored for the Venice Film Fest
In a significant moment for the Indian film industry, Pyaasa, a timeless cult classic starring Guru Dutt, Waheeda Rehman and Mala Sinha has become the first film to be restored to its original quality for the Venice Film Festival. The…
Inox to Invest Rs 320 cr in 3 years, Eyes Regional Acquisitions
Multiplex operator Inox plans to invest up to 320 crore to open 128 screens in the next 2-3 years while it continues to scout for acquisitions, especially for regional players, to expand footprint across India. “We have a visible property…
YRF Makes Waves at IFFR
Dum Laga Ke Haisha and Piku, produced and distributed by Yash Raj Films, won rave reviews and honours at the recently-held Indian Film Festival in Russia (IFFR). Piku bagged two awards – Best Film (Ronnie Lahiri) and Best Director (Shoojit…
DLF to Open Rs 300-cr Emporio Mall in Delhi
Realty major DLF will be opening its sixth mall in Delhi-NCR by May next year with an investment of 300 crore. “We are already in the process of completing another mall in Delhi called the Emporio at Chanakyapuri in Central…
PVR Gains on Talk of Acquiring Majority Stake in Zea Maize
Shares of PVR were up nearly 3% at 858 on the Bombay Stock Exchange amid reports that it has bought majority stake in Zea Maize Pvt Ltd. Zea Maize Pvt Ltd is the owner of Delhi-based startup 4700BC Popcorn. The…
SRS to Invest up to Rs 900 cr in 2 yrs for Expansion
SRS Ltd will invest up to Rs 900 crore in the next two years to expand retail network of its various consumer-centric businesses such as hospitality, cinema, jewellery and real estate. “We will invest between Rs 700-900 crore in the…