Dt Cinemas

With the increase in the number of screens, he said in the next three years "people watching movies at our theatres will rise to 100 million from 75 million today".

PVR hunts for acquisition opportunities, eyes 100 more screens

Multiplex chain operator PVR, which acquired DT Cinemas last year, is scouting for more acquisition opportunities as it plans to add over 100 more screens by the end of next fiscal.

DLF exits cinema biz, sells 7 screens to Cinepolis for Rs 64cr

Realty major DLF today announced the sale of its remaining 7 screens of DT Cinemas in the national capital to Cinepolis India for nearly Rs 64 crore, thereby exiting the cinema exhibition business.

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.

CCI okays PVR-DT Cinemas deal, asks to exclude certain assets

In a tweet, the watchdog today said it has cleared "PVR's acquisition of DT Cinema's multiplexes/single screen theaters in Delhi NCR and Chandigarh, subject to modification".

CCI seeks public scrutiny of Rs 500 cr PVR-DT Cinemas deal

In June, PVR announced the deal to acquire realty major DLF's DT Cinemas for Rs 500 crore - a transaction that marked a significant consolidation in the country's cinema exhibition business.

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.

CCI asks PVR to publish details of DT Cinema acquisition

Under the section, if the fair trade regulator is "prima facie of the opinion that the combination has, or is likely to have, an appreciable adverse effect on competition", then it can direct the parties to publish details of the combination within ten working days.

PVR's DT Cinemas Rs 500cr buyout hits CCI hurdle: Sources

Sources say that the competition watchdog has reservations over the Rs 500 crore deal, on grounds that the merged entity will have a monopoly of cinemas in the south Delhi area. Fourteen of DT's 29 screens are located in south Delhi.

DLF to stock exchanges: Don't ask clarification on all news

DLF, as also a host of other listed companies, have regularly been asked to provide such clarifications whenever any news report surfaces with price-sensitive information.

PVR to raise Rs 350 cr from PE firm, dilute 10.7% stake

Film exhibition firm PVR today said it will raise Rs 350 crore from Indian private equity firm Multiple Alternate Asset Management, which will pick up 10.7 percent stake in the company.

PVR close to acquiring DLF's DT Cinemas for Rs 480-500cr

This is PVR‘s second attempt to acquire DT cinemas. Its deal in 2010 was called off due to unknown reasons.