Multiplex operator PVR Ltd has raised 800 crore by issuing shares to a set of investors through qualified institutional placement (QIP). The QIP witnessed an allotment of over 55.55 lakh equity shares to eligible qualified institutional buyers (QIBs) at a…
PVR Pictures Sees Revenue Returning to Pre-COVID Levels in FY22
Film production and distribution firm PVR Pictures expects its revenue to return to pre-COVID levels in FY22 backed by a strong pipeline of films, scheduled to be released after March, said a top company official. The company has a strong…
PVR to Invest 150cr across the Country Next Fiscal
Multiplex major PVR plans to invest 150 crore to open up to 40 screens across the country in the next fiscal. The company’s target of having 1,000 operational screens has been pushed by a year due to the outbreak of…
Miraj-Galalite Partner for their 100 screen Project
Forging partnerships and building relationships with fellow businesses are vital to the progress of a business in any industry, and the cinema industry is no different. Galalite Screens, the leader in cinema screen technologies, has announced a strategic partnership with…
Kiran Reddy Onboard as the New Key Shareholder at Qube Cinema
Kiran Reddy, SPI Group is now the key shareholder of Qube Cinema through his investment firm. Being a well-wisher of Qube, the company greatly admires his desire to do his tasks right and make customer experience the hallmark of the…
Alternate Revenue for DRC Cinemas, Mysore
Recently, DRC Cinemas hosted an event providing its space for a TEDxYadavagiriED; a half-day conference hosting a well-curated series of talks for the culturally refined residents of the Heritage City of Mysore. This has served to be as a good…
COVID Maskless Solution with Wolf AirMask!
After a year-long wait, the theatres are finally operating, ushering in people to watch cinemas on the big screen again. But the scare of COVID 19 and the restrictions imposed to safeguard the public are still taking a huge toll…