Dharma Productions

Bombay HC sets aside ₹79.7 crore GST demand on Karan Johar's firms

A cinematographic film is not IT software under the GST law, even if delivered via a digital link or hard disk, the Bombay High Court has held while setting aside a tax demand of over Rs 79.7 crore from Karan Johar's two production companies. The mode of delivery remains irrelevant to tax classification, a bench of Justices M S Karnik and Sandesh Patil held in the judgment passed on September 10 in a plea filed by Johar's Dharma Productions and Dharmatic Entertainment. There is nothing on record to show how a cinematographic film, a passive audio-visual work, incapable of execution, manipulation or interactivity could ever satisfy the statutory definition of "information technology software", it said. Whether the content is transmitted physically (hard disks) or electronically, the mode of delivery cannot determine classification, the HC said, adding that there was no statutory basis to equate digital content with software. The dispute concerned the classification of copyright ...

Money comes to the movies: Fresh bets on film and OTT firms are good news

Bhansali Productions will sell all its future film music exclusively to Saregama, giving it steady pipeline of premium music

Dharma Productions buys Cornerstone's stake in its talent management firm

With this, Dharma Productions will get full control over Dharma Cornerstone Agency, which was started as a joint venture with Cornerstone Sport and Entertainment

Lights, camera, acquisition: Why corporates are betting big on Bollywood?

The Hindi film industry is set for a major shift, driven by rising costs and corporate interest in the entertainment sector. Analysts predict consolidation among production houses in the coming months

Universal Studios looks to join Excel Entertainment cast with stake buy

This comes hot on heels of Poonawalla-Dharma deal

Dharma Productions-Adar Poonawalla deal gives quest for scale a chance

Biz of making films and shows needs more such tie-ups if it is to scale up

Poonawalla's bold script: 50% stake buy in Dharma for Rs 1,000 crore

Karan Johar to retain remaining 50% ownership

Who gets 50% stake in Johar's Dharma? Neither Reliance, nor Saregama but this

In a landmark deal that has captured the attention of Bollywood and the business world alike, Adar Poonawalla has surpassed industry giants Reliance and Saregama

Neither Reliance, nor Saregama, Poonawalla gets 50% stake in Johar's Dharma

Adar Poonawalla's Serene Entertainment has acquired a 50 per cent stake in Dharma for Rs 1,000 crore

After Saregama, report claims Reliance eyeing stake in Dharma Productions

Karan Johar has been seeking to monetise his stake in Dharma Productions for a while, but previous deals failed due to differences over valuation

Dharma-Saregama saga: Consolidation may be filmmaking's surprise hit

Analysts say Dharma would provide Saregama with a steady pipeline of big films and their music, pushing it up the value chain

Amid box office jitters, Saregama eyes majority stake in Dharma Productions

Saregama is in talks to acquire a majority stake in Karan Johar's Dharma Productions, though the deal may not finalise soon. The move comes amid box office volatility affecting studios

Shah Rukh Khan's production firm warns against fraudulent employment offers

Red Chillies Entertainment released a statement stating various 'fraudulent offers' for job opportunities in the company are being circulated on social media platforms

Oppenheimer blazes at the box office, leaving Johar's Rocky behind

Despite all the hype, the Rs 150-80 crore budget Rocky aur Rani's collections were Rs 11 crore on the first day and Rs 46.15 crore for the weekend

FY22 emerges most profitable for Yash Raj, Dharma despite Covid-19

Results sourced from RoC show YRF reported highest profit in seven years, while Dharma recovered nearly all its pre-Covid profit; listed peers Balaji, Eros in red

Brahmastra makes it big at the box office but is there any profit?

The most expensive Hindi film ever made has to share 55 per cent of the revenue with exhibitors

The new talent agency: A good time to seek fame and fortune online

As the nature of content and creativity is changing, it is forcing traditional talent agencies to evolve and also spawning a whole new variety of them

Dharma Productions CEO summoned in Sushant Singh Rajput death case

The Mumbai Police on Sunday summoned Apoorva Mehta, the CEO of Dharma Productions, in the Sushant Singh Rajput death case

Netflix inks deal with Karan Johar to create diverse content across genres

Johar, who first collaborated with Netflix on the 2018 anthology film "Lust Stories", is also directing "Ghost Stories" and producing "Guilty" for Netflix

A film never fails, its budget does: CEO of Karan Johar's company

We are lopsided on talent. There aren't enough good writers and actors, says Apoorva Mehta, CEO, Dharma Production