PVR CFO Nitin Sood said further cost reductions were not possible, but there was enough liquidity on the company’s balance sheet for now

Merger with IDFC Bank gives Capital First another opportunity to grow: Warburg Pincus

Warburg Pincus, the single largest shareholder in Capital First speaks exclusively to CNBC-TV18 for the first time post the IDFC Bank merger announcement. Charles Kaye, Co-CEO and Vishal Mahadevia, Head-India of Warburg Pincus told Nisha Poddar that they have no plans to exit the merged bank.

Don't think there will be a reduction in movie-screen footfalls: Renuka Ramnath

In an interview with CNBC-TV18, Renuka Ramnath, Founder & CEO of Multiples Alternate AMC, one of the early investors into PVR, spoke about the latest happenings in the company and sector. Multiples sold some stake in PVR last year but they still hold 14 percent in the company.

Will close FY18 with footfalls of around 75-80m, expect 100m footfalls in FY19: PVR

In an interview with CNBC-TV18, Ajay Bijli, CMD of PVR spoke about the latest happenings in his company and sector. He was speaking from the side-lines of the Kotak Institutional Equities - Chasing Growth Conference.

Response to the release of 'Tiger Zinda Hai' is fantastic: PVR

The sequel of 2012's Ek Tha Tiger hits theatres today. Tiger Zinda Hai releases with some power-packed chases and action sequences and definitely the swag-filled songs! In an interview with CNBC-TV18, Kamal Gianchandani, CEO-PVR Pictures and Chief of Strategy, PVR Limited discussed more about it.

Will open 80-90 screens per year organically; inorganic options also on table: PVR

PVR received the award for exhibitor of the year by CineAsia. CNBC-TV18's Jude Sannith caught up with Ajay Bijli, CMD of PVR on the sidelines of these awards and asked him about their timeline on screen additions and their outlook for FY18.

PVR launches loyalty program to improve customer stickiness

PVR has launched PVR Privilege, a loyalty program to improve customer stickiness and drive up footfalls.

Expecting 18-20% ad growth in FY18: PVR

Motilal Oswal's 13th Annual Global Investor Conference kicks off today. Over 150+ leading corporates are attending it. In an interview to CNBC-TV18, Nitin Sood, CFO of PVR spoke about the latest happenings in his company and sector from the side-lines of the conference.

GST rates on movie tickets: Here's how industry is looking at it

The goods and services tax (GST) rates on certain items including movie tickets costing up to Rs 100 have been lowered to 18 percent versus 28 percent proposed earlier. Tickets above Rs 100 will continue to attract 28 percent.

Expect 8-10% growth in ad revenues going ahead: PVR Cinemas

PVR Cinemas has signed a deal with IMAX for five additional screens. Installing these five additional IMAX screens will cost the company close to about Rs 10-10.5 crore per screen. So the total cost will be about Rs 50-55 crore, he told CNBC-TV18.

Aim to build organically, expand network to tier III, IV cities : PVR

"Long-term focus is to build organically and expand our network beyond big cities to look at tier III and tier IV", Nitin Sood, CFO of PVR told CNBC-TV18.

Demonetisation to hit multiplexes; broadcast not hit much: IDFC

Rohit Dokania, Ananlyst – Media & Entertainment of IDFC Securities says that the third quarter may not be great for multiplexes due to demonetisation.

PVR hopes to add Rs 200 crore revenues from DT Cinemas buy

The multiplex leader is looking to add EBITDA of Rs 40-50 crore post DT Cinemas' acquisition, say PVR promotors Ajaj and Sanjeev Bijli.

PVR deal a step towards creating pure-play real estate co: DLF

Speaking to CNBC-TV18, Saurabh Chawla, Senior ED Finance at DLF said this is a year- old transaction which DLF sees as a step forward to create a pure play real estate entity.

Awaiting CCI nod for DT Cinemas-PVR Rs 500cr deal: DLF

DLF Group CEO Ashok Tyagi says the company still has a substantial unsold inventory and the market is still weak for existing and new launches.

Resolving cases of alleged anti-competitive practices: CCI

On the matter of search engine Google's alleged anti-competitive practices, Ashok Chawla, Chairman, Competition Commission of India (CCI) said that it will take quite “some time” before there is any finality on the matter.

Festivals, big releases, F&B biz to aid Q3 results: PVR

With Hollywood‘s two big movies-- Spectre and Star Wars-- releasing with those of Salman Khan, Shahruk Khan, Ranbir Kapoor and Shahid Kapoor‘s, the year looks promising, says Nitin Sood, CFO of PVR.

Aamir's PK turns Santa for PVR, collects Rs 50 cr in 2 days

Kamal Gianchandani, President PVR Pictures thinks the movie 'PK' is likely to stay in the cinemas for around four weeks uninterrupted because there are no other major releases over the next 3-4 weeks.

Happy New Year adds to big bonanza for PVR during Diwali

In an interview to CNBC-TV18, Kamal Gianchandani, President of PVR Pictures spoke about sales exceeding company‘s expectations backed by pre-festivities and Diwali cheer.

May gain Rs 40-50cr if Dhoom 3 runs for 3 weeks: PVR

Pramod Arora, group president, PVR says if the movie runs for around three weeks in multiplexes and cinemas, the company may add Rs 40-50 crore to its kitty.

PVR sees upswing in biz, higher ticket prices ahead

PVR business this season has been on upswing as it has not been affected by Indian Premiere League compared to previous years, says Pramod Arora, President & CEO of the company in an interview to CNBC-TV18. However, Arora expects a rise in the average ticket prices in the near term in-line with the inflation anticipated at 7-8 percent.

Hope to clock Rs 1,000cr revenue in FY13: PVR

Multiplex chain operator PVR on Tuesday said it has completed acquisition of a controlling stake in Cinemax India for Rs 395 crore. In an interview to CNBC-TV18, Ajay Bijli, CMD of PVR talked about the operational synergies. He said that as the final acquisition has happened, we are looking at getting lots of operational efficiencies.

Expect turnover of Rs 700cr in FY13: PVR

Nitin Sood, chief financial officer, PVR told CNBC-TV18 that the combined leverage of both PVR and Cinemax would be around Rs 600 crore once the entire transaction is over.

PVR expects solid performance in Q3: Pramod Arora

Pramod Arora, Group President & CEO, PVR, says that L Capital is a strategic investor or private equity investor but they will bring also bring lot of value along.

PVR Pictures to focus only on distribution, PVR to produce

PVR Pictures has finally got the nod to demerge the production business. Speaking to CNBC-TV18, Nitin Sood, chief financial officer of PVR says that post the demerger, PVR, the main entity shall handle the production business entirely. PVR Pictures will turn into a wholly-owned company that will focus only on the distribution business, he says.