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DT Cinemas

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 aims to double revenue; aims to clock Rs 4,000 crore in 5 years

Multiplex operator PVR is aiming to double its revenue to around Rs 4,000 crore and screen count to 1,000 across the country in next five years. "Our strategy is to increase screen penetration in India. We are about 570 screens...

PVR aims to acquire 100 more screens in 2017

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. "We are always looking out for more inorganic opportunities...

Movie screens to double in a year in Noida

The total number of screens in Noida at present is 42 and is expected to go up to 80 by 2017. In contrast, Gurgaon has 38 multiplex screens and 10 single-screen cinemas. Delhi has 114 multiplex screens and 22...

DLF to open Mall of India in Noida

DLF will open Mall of India in Noida, Sector 18, spread in the total built-up area of approx 27,07,575 sq.ft. and a gross leasable area of 16,00,000 sq.ft. To become operational by July 2013, it is touted as India's...

Cocoberry expands with five new outlets

Kicking off its expansion drive, Delhi-based premium frozen yoghurt chain Cocoberry has opened five new stores; four of these have come up in tie-ups with Fortis Healthcare, one of the leading chains of private hospitals, and multiplex chain DT...

PVR calls off DT Cinemas acquisition

PVR Ltd had announced on November 13, 2009 that it will be acquiring DT Cinemas Ltd (a DLF Group Company). The consideration for the acquisition was to be met partly in form of cash and partly by issuance of...

PVR extends date for acquisition of DT Cinemas Ltd

PVR Ltd has announced with reference to the approval granted by the Board of Directors of the PVR Ltd (the "Company") for purchase by the Company of the 'cinema exhibition business' of DT Cinemas Ltd (a DLF Group Company)...

PVR acquires DT Cinemas

PVR Ltd, on November 13th, announced that it has reached an agreement with DLF Group’s DT Cinemas to acquire their cinema business on a slump sale basis. PVR will fund the acquisition through part stock and part cash payout....

About 500 screens from DT in 4-5 years

DT Cinemas, the entertainment wing of Indian real estate major DLF, has planned to invest around Rs 1,250 crore to add at least 500 screens across the country in the next four to five years.The company will set up...
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