Karnataka IT-BT department has partnered with the All India Gaming Federation to launch India’s first industry-led digital detox initiative to promote responsible digital consumption
The company, which was operating 692 screens in 73 cities across India as on June 30, 2022, estimates the total screen count to go up to 752 by the end of ongoing fiscal year.
Multiplex operator Miraj Cinemas plans to add 35 new screens to its network by October this year taking the total count to 100, a top company official said.
PVR will cross 600 screens in the coming year, apart from DT Cinema, says Nitin Sood CFO of the company.
The team, formed on April 1, also helps with sales and Apple is now the biggest external customer for Samsung components, Bloomberg said.
The company filed a draft red herring prospectus with regulator Sebi on December 18.
In a sign of further consolidation in India‘s multiplex industry, Anil Dhirubhai Ambani Group (ADAG) firm Reliance MediaWorks said it had signed a definitive agreement with Carnival Cinemas to sell its multiplex business.
Rohin Dharmakumar reports that there are some significant component-level developments taking place behind the scenes.
PVR Ltd is eyeing EBITDA margin of 22-25% for FY12, with capex of45-55 screens by year end.
Shortages of key components such as screens and camera modules will put pressure on the cellphone industry through most of this year, research firm Gartner said on Wednesday.
In an interview with CNBC-TV18’s Reema Tendulkar and Sonia Shenoy, Sunil Punjabi, CEO of Cinemax India spoke about the latest happenings in his company and the road ahead.