PVR

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...

Multiplex operator PVR Ltd has raised Rs 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 price...

Multiplex operator PVR on Friday reported a consolidated net loss of Rs 49.10 crore for the third quarter ended December 2020, as it continued to be impacted by the COVID-19 pandemic. The company had posted a consolidated net profit of Rs 36.34 crore...

Shopping centres – the hubs of economic, commercial and social activity in India – faced an unprecedented situation this year. A pandemic, lockdown, unlocking phase, a second and a third wave of the virus severely crippled the industry. Malls...

Shopping centres – the hubs of economic, commercial and social activity in India – faced an unprecedented situation this year. A pandemic, lockdown, unlocking phase, a second and a third wave of the virus severely crippled the industry. Malls...

Multiplex operators expect up to 25 percent rise in their operating costs on account of the mandatory standard operating procedures as they reopen after being shut since the outbreak of coronavirus pandemic. According to a PTI report: Multiplexes in India...

As the coronavirus pandemic and the eventual lockdowns have brought the multiplex industry to a grinding halt, PVR has deferred a significant portion of its capital expenditure (capex) plans and it will reassess them once the shutdown is over...

Unperturbed by surge in viewership on OTT platforms like Netflix during lockdown, Ajay Bijli, the chairman of India's largest multiplex operator PVR Ltd, expressed confidence that movie lovers will return to theatres once the government permits cinemas to open. PVR...

The Multiplex Association of India (MAI) has appealed to landlords across the country to waive off rent and common area maintenance (CAM) for all the multiplex operators during the period of the current nation-wide lockdown. India is currently under...

India’s leading cinema chain PVR Cinemas has announced the launch of its premium cinema viewing experience ‘PVR Sapphire’ at Pacific Group’s D21 Mall located at Dwarka, New Delhi. The new cinema theatre at the Dwarka mall would have 6...