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DLF exits cinema biz; sells 7 screens to Cineplois for Rs 64 crore

India's largest real estate firm DLF has in a statement to the Bombay Stock Exchange (BSE) said that it has sold its seven remaining cinema screens in Delhi under its cinema exhibition business to Mexican movie theatre chain Cinepolis...

MobiKwik raises US$ 40 million from Net1

Gurugram-based digital wallet start-up MobiKwik has raised US$40 million (nearly Rs 270 crore) from Net1, a South African payments technology entity specialising in developing solutions for the unbanked in developing nations. Net1 is listed on Nasdaq, the American stock exchange,...

MobiKwik pivots business strategy; targets profits by April 2018

Gurugram-based mobile payments network MobiKwik aims to become profitable by April 2018, as it pivots its business strategy to increase presence in the offline space, a senior company official said. "We expect to become profitable by 2018 and continue to...

PVR earmarks Rs 250 cr capital expenditure for FY17

Multiplex chain operator PVR has earmarked a capital expenditure of up to Rs 250 crore for the current fiscal for opening new screens and refurbishing the existing ones, a company official said. "We expect an annual capex of Rs 200-250...

PVR unveils 15 screen Superplex in Noida

PVR, a name synonymous with credibility, innovation and most refined cinema-viewing experiences, is proud to launch the largest and utmost premium concept to India - the Superplex, at Logix City Center, Noida. Soon after reaching the 500 screens threshold, PVR...

PVR's new feather in cap: 15 screen Superplex

PVR, the largest premium film entertainment company, is all set to unveil its 15 screen Superplex on March 27 in Noida. The Superplex worth Rs 45 crore is planning to take the total number of screens for PVR to 516...

Paytm inks deal with PVR to sell film tickets

As a part of its Rs 120 crore investment in the online movie ticket business, Paytm, mobile payments platform, has inked a strategic deal with PVR. Now, PVR's movie tickets will be available on Paytm's e-commerce platform. The company...

Paytm ties up with cinemas to sell movie tickets

As an extension to its digital bookings offering, digital payment and m-commerce firm, Paytm has tied up with PVR, INOX and many other cinema houses to sell movie tickets on its platform. The recent move by Paytm will break the...

PVR introduces interactive customer platforms to enhance 'after service'

In a bid to ride ahead in the digital space, PVR has recently introduced the next level of consumer engagement through Interactive Consumer Experience (ICE) and the PVR Movie Calendar, the company said in a press release. These two powerful...

PVR to Invest Rs 250 Cr on 100 New Screens this Fiscal

Multiplex operator PVR will invest Rs 250 crore to add 100 new screens this fiscal as part of its expansion plans, according to a top company official, mentions PTI. PVR currently has 444 screens in 101 properties spread across...
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