Aditya Birla Fashion and Retail (ABFRL) has announced a strategic partnership with designer brand Sabyasachi
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In the December quarter, PVR posted a net loss of Rs 49.10 crore as it continued to be impacted by the Covid-19 pandemic
Net loss in the September quarter was Rs 184 crore; December quarter saw re-opening of multiplexes as part of unlock
Voting on DHFL bids by committee of creditors ends today
Overall, market breadth remained in the favour of the bulls with nearly two stocks rising against a stock that declined at the bourses
Inox Leisure and PVR were trading higher for the fifth straight trading day, gaining 21 per cent and 13 per cent, respectively, during the period
Over the weekend, the UK said it had identified a new strain of Covid-19 which spreads more quickly than previous variants
All that happened in the markets today.
The state accounts for a fifth of the screens for PVR and Inox Leisure
This will benefit multiplex companies as box office revenue from Maharashtra state constitutes around 30 per cent of total revenue for Hindi films
Company sharply reduces employee costs and rental charges, but has to offer heavy discounts on tickets and snacks
All that happened in the markets today
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
PVR is working on a pricing matrix that includes a ticket price of as low as Rs 69 for old and rerun films
Filmmakers are not expected to be in a hurry to release movies in the October-November period, implying the quarter will hardly come to the rescue of theatre owners
The central government has permitted reopening of cinemas from October 15 with up to 50 per cent of seating capacity outside containment zones adhering to the Standard Operating Procedure
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Cinema halls have remained shut since the nationwide coronavirus lockdown began in late March.
PVR Cinemas suffered a consolidated loss after tax of Rs 226 crore in Q1 of the current financial year as compared to a profit of Rs 18 crore during the corresponding period of last year