Page 7 - Inox

A merger wave in media

A mix of history, the pandemic and its cascading effects are among the reasons for this action

Box office hits record Rs 1,500 cr in March; April likely to be as good

Based on the trends in March and April, Gianchandani said the industry expected FY23 to be the best year for it 'ever' with overall revenues expected to hit Rs 14,500-Rs 15,500 crore

Uptick in movie biz prompts exhibitors to increase screen count in FY23

PVR, Inox and Cinepolis adding 125, 77 and 60 screens, respectively, in FY23

Inox Leisure last quarter's net loss narrows down to Rs 28.17 crore

Multiplex chain operator Inox Leisure Ltd on Monday reported narrowing of consolidated net loss to Rs 28.17 crore for the fourth quarter ended March.

PVR-Inox merger: We want to roll out 200 screens a year, says Bijli & Jain

From a macro angle, with the consumer behaviour change that has happened, content is getting consumed everywhere: Bijli and Jain

'BTS Permission to Dance' garners highest ticket price in PVR theatres

PVR expects 3-4 per cent of its revenues from alternative content in the next two to three years

Inox Green Energy Services to raise Rs 500 cr through IPO

Inox Wind on Monday said the board of its arm Inox Green Energy Services Ltd has approved fund raising of Rs 500 crore through an initial public offering of its equity shares

Inox Group reaches settlement over division of business; stocks rise

Share prices of Inox Wind and Inox Leisure are up 130 and 56 per cent since January 1.

Inox Group to split between two Jain brothers in 'amicable settlement'

Pavan gets Inox Leisure, India's second-largest multiplex company; Vivek to control speciality chemicals and green energy businesses.

Inox signed pacts with developers to add 926 screens to network: CEO Tandon

Multiplex chain operator Inox Leisure has so far signed agreements with various developers to add 926 screens to its network, which are expected to come in next few years, said a top company official.

Amazon eyes potential stake in Indian film, media biz; Inox denies report

Amazon.com Inc's India arm is in talks with several domestic players in film and media distribution including cinema chain Inox Leisure Ltd for a potential stake, the Indian Express newspaper reported

Covid shadow on movie buffs: A tepid opening for cinemas on first day

At Cinepolis in south Delhi's Savitri Complex, the 11:30 am show for Malang: Unleash the Madness, featuring Disha Patani and Aditya Roy Kapur, sold a total of four tickets

Amid scarcity, Yogi Adityanath unveils UP's largest oxygen plant

INOX commissions oxygen plant in Modinagar, plans another one in Uttar Pradesh

INOX Air bags oxygen supply contract for three Bengal Covid hospitals

Industrial and medical gases major INOX Air Products on Wednesday said it has been awarded a contract by the West Bengal government for supplying liquid oxygen to three state-run COVID hospitals. The company will supply liquid medical oxygen to M R Bangur Super Speciality Hospital, M R Bangur District Hospital and ID&BG Hospital, Beliaghata. INOX Air Products commissioned a cryogenic medical and industrial gases manufacturing unit at Barjora in West Bengal's Bankura district in August 2019. The unit has a manufacturing capacity of 200 tonne per day. The company said it has been supplying medical oxygen through its channel partners to more than 100 hospitals in the state to fight against the COVID-19 pandemic. With the largest storage capacity of 1000 tonne and the widest distribution infrastructure in the state, the company has been supporting various hospitals in the COVID-19 crisis, an official said, adding that it has a fleet of 54 specialised cryogenic tankers.

INOX group to be official sponsor of Indian team at Tokyo Olympics: IOA

The Tokyo Olympics was rescheduled to next year due to the Covid-19 pandemic

Karan Johar to Rohit Shetty, big film producers say no to OTT release

Sources say the top four multiplex chains in the country - PVR, Inox, Cinepolis, and Carnival - are asking big producers to wait rather than rush to release their films on OTT platforms.

Multiplexes' revenue may be hit by up to 25% amid coronavirus spread

According to sources, the box office collections of Angr­ezi Medium dropped by 25% on Saturday.

Inox signs agreement with Shell Energy India for LNG distribution

The deal envisages deployment of distribution infrastructure, including logistics and receiving facilities, at the customer end and will offer LNG access to those not connected to pipelines

Dependence on Tamil, Telugu cinema dents PVR's Q3 profit; all eyes on Inox

While revenue grew at a muted pace and missed estimates, net profit plunged by 30%; analysts expect Inox to post better numbers

Slowdown in real estate sector hampering screen additions for multiplexes

Multiplexes are now either expanding within existing properties or converting single screens into multiple screens through partnerships