The country's largest multiplex operator, PVR which runs nearly 800 screens in the country, stated that theatrical and at-home are two completely different experiences and each has their own places
The announcements saw the stock rally over 8 per cent in intra-day trade on the National Stock Exchange (NSE) to Rs 1,257 levels on Tuesday
Shares of LCOs including Hathway cables and Datacom, Den Networks and GTPL Hathway zoomed in the range of 5 to 20% during the morning deals on the BSE while those of PVR & INOX Leisure slipped up 10%
Some competitors in the DTH and cable business say it would not be easy because of two reasons
Announced last year at the Reliance Industries annual general meeting, the Jio GigaFiber was initially touted to launch in 1,100 cities simultaneously
The plans will come bundled with subscriptions to most leading premium Over The Top applications