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Shopping Centre turnaround stories of the year

With the advent of online shopping and the decline of large department stores, many traditional malls across the country face extinction. At the same time, as towns and regions grapple with how to spark long-term economic growth, new thinking...

PVR completes acquisition of 71.6 pc stake of SPI Cinemas

Leading multiplex operator PVR said it has completed the acquisition of 71.69 percent share of South India-based chain SPI Cinemas.According to a PTI report: SPI Cinemas operates 76 screens across 17 properties in 10 cities under several brands such...

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 reports profit of Rs 125 crore in FY18

Multiplex chain operator PVR has reported a consolidated net profit of Rs 26.20 crore for the fourth quarter ended March 2018.According to a PTI report: The company had reported a net loss of Rs 5 lakh for the January-March...

PVR eyes international expansion; to open first screen in Sri Lanka in two years

Leading multiplex operator PVR is scouting overseas destinations for expansion and plans to open its first project in Sri Lanka in next two years, a top company official has said. According to a PTI report: Besides Sri Lanka, the Gurgaon-based...

PVR looking at a possibility to form sub-brand to tap Tier-III towns

Multiplex operator PVR, which has crossed 600 screens, is looking at a possibility to form a separate brand to tap tier-III markets as part of its expansion plans, a top company official said. According to a PTI report: The operator...

PVR to open 1,000 screens by 2022

Leading multiplex operator PVR expects its annual footfall across India to cross the 100 million mark in the next two years, according to a top company official. According to a PTI report: It is currently on an expansion spree with...

PVR goes extra large, to open 15 XL screens with an investment of Rs 60 crore

Leading multiplex operator PVR will invest around Rs 60 crore to add up to 15 screens under its new premier sub-brand P by FY 2018-19, a top company official was quoted by news agency PTI as saying. PVR on Tuesday unveiled a new sub-brand P, its home...

L’Opéra joins hands with PVR; opens outlet at Director’s Cut

L’Opéra, Delhi-NCR’s finest, award-winning pâtisserie, has now joined hands with PVR, India’s leading cineplex brand, to bring a new delightful experience, to one of Delhi- NCR’s landmark commercial destinations, Ambience Mall, Vasant Kunj. Renowned for its unparalleled quality bakery and...

Smaaash buys PVR’s bowling and entertainment format bluO

Multiplex operator PVR today said it has sold its premium bowling and entertainment format bluO entertainment to Smaaash Entertainment for Rs 86 crore. "PVR has entered into definitive agreements with Smaaash Entertainment to sell its stake in bluO entertainment, a...
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