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PVR makes foray into Sri Lanka, opens 9-screen multiplex

Film exhibition firm PVR on Friday announced its foray into the Sri Lankan market with the opening of its first theatre in collaboration with Shangri La Group. According to a PTI report: PVR Lanka at One Galle Face Mall is...

Shopping Malls: Decoding the art of design

When Select CITYWALK as a shopping centre was first envisioned, it was aimed to be a destination where people would come to have a holistic shopping experience. Our focus at Select CITYWALK was on five key areas namely brand...

IMAGES Retail Awards honour excellence in retail

The IMAGES Retail Awards (IRA 2019), which were held in Mumbai on August 26, 2019, celebrated some of India’s most outstanding achievements in retail. With no end in sight for the rise of online shopping, never has it been more...

PVR Q3 net profit at Rs 55.38 crore

Multiplex chain operator PVR Thursday reported a consolidated net profit of Rs 55.38 crore for the third quarter ended December 2018. According to a PTI report: The company had reported a net profit of Rs 29.16 crore for the October-December...

Shopping Centre turnaround stories of the year

With the advent of online shopping and the decline of large department stores, many traditional malls across the country face extinction. At the same time, as towns and regions grapple with how to spark long-term economic growth, new thinking...

PVR completes acquisition of 71.6 pc stake of SPI Cinemas

Leading multiplex operator PVR said it has completed the acquisition of 71.69 percent share of South India-based chain SPI Cinemas. According to a PTI report: SPI Cinemas operates 76 screens across 17 properties in 10 cities under several brands such...

PVR evaluates acquisition opportunities; plans to raise funds via NCDs

Multiplex operator PVR is evaluating acquisition opportunities of cinema exhibition chains and plans to raise funds to carry out the transaction through issuance of non convertible debentures (NCDs).

PVR reports profit of Rs 125 crore in FY18

Multiplex chain operator PVR has reported a consolidated net profit of Rs 26.20 crore for the fourth quarter ended March 2018. According to a PTI report: The company had reported a net loss of Rs 5 lakh for the January-March...

PVR eyes international expansion; to open first screen in Sri Lanka in two years

Leading multiplex operator PVR is scouting overseas destinations for expansion and plans to open its first project in Sri Lanka in next two years, a top company official has said. According to a PTI report: Besides Sri Lanka, the Gurgaon-based...

PVR looking at a possibility to form sub-brand to tap Tier-III towns

Multiplex operator PVR, which has crossed 600 screens, is looking at a possibility to form a separate brand to tap tier-III markets as part of its expansion plans, a top company official said. According to a PTI report: The operator...
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The Luxottica report card for 2022

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