Movies

Inox ups stake in Fame to 68.3%

MUMBAI: Multiplex chain operator Inox Leisure has raised its stake to 68.30 per cent in Fame India, up from 50.20 per cent that it had held in January 2011, for Rs 889.3 million.


The purchase of 20.2 million shares, or 18.14 per cent, at a premium of Rs 34 per equity share was through a rights issue.


Talking about increasing his company‘s stake in Fame, Inox Leisure Ltd CEO Deepak Asher said: “We had subscribed to a rights issue of the company. Resultantly, we could increase our stake in the company.”


The issue opened on 7 February and closed on 21 February 21 2012.


Inox‘s shares closed at Rs 55.15 apiece, up 9.64 per cent from the previous close on the BSE.


Fame India‘s shares closed at Rs 70.45, up 1.59 per cent from the previous close on the BSE.


Since the last two years, Inox has been increasing its stake in Fame. Having bought 43 per cent stake in February 2010, Inox raised its stake in phases.


Inox Leisure is one of the fastest growing multiplex chains in the country, building and managing multiplex cinemas throughout India.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/20/Sony-Le%20%281%29.jpg?itok=hyfMHMUo
Sony Le PLEX HD to air tribute-movies of Hollywood actors

This February, Sony Le PLEX HD will pay tribute to those well-known actors who passed away too soon into their career. From Heath Ledger to Paul Walker, Hollywood has lost some gems too early, leaving fans and critics disheartened and wanting for more. `WatchIt’s 9O’Talk themed ‘The Tribute’ will...

Movies Hollywood
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/20/Sultan.jpg?itok=dv1fl9eF
How Sultan and Naagin are being pirated in Russia

MUMBAI: Here’s some food for thought for Indian TV channel broadcasting executives zapping their channels via satellite, cable TV or VOD services into Russia or onto and syndicating content to Vladmir Putin’s land. And this includes movies such as Sultan, and super popular shows such as Naagin.

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/17/irada%20%281%29.jpg?itok=Nv-MjIot
Irada....Docu-thriller?

The title Irada comes across as B-grade 1970s and it has little relevance to the theme of the film, which is honourable. The film is about an ecological problem, almost a disaster. The issue dealt with here, though, is not as infamous or as well known as the Bhopal gas tragedy.

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/17/ghazi%20%281%29.jpg?itok=S4_SNdBv
The Attack On Ghazi.....Worth watching but....

A lot of things seem to be going right for India and its people in various fields and, suddenly, people have learnt to take pride in achievements of her people in sports, space science, IT, coupled with a newly acquired sense of patriotism over past couple of years. This has been making many...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/16/sunil-lulla%20%281%29.jpg?itok=zEUe5UB6
Eros profits more than double in third quarter 2017

The Sunil Lulla led Eros International Media Limited (Eros) reported almost 2.5 times (2.496 times) consolidated profit after tax (PAT) for the quarter ended 31 December 2016 (Q3-16, current quarter) as compared to the corresponding year ago quarter (Q3-16). Eros PAT for the current quarter was Rs...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/14/pemra%20%281%29.jpg?itok=dwvPQn8o
Court permits private Pak channels to show Indian films

MUMBAI: A Pakistani court has permitted private television channels having valid licences to show Indian movies as per their conditions of agreement with Pakistan's regulator. In its October 2016 order, PEMRA had banned Pakistani private channels being operated through cable network from airing...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/13/jolly%20%281%29.jpg?itok=Iz9nucIe
No film sustained after Dangal

The bad run at the box office continues as no film released after Dangal has been able to sustain. The new releases have not been able to hold their own post the opening weekend. After the midweek release of two major films, Kaabil and Raees backfired. The films could not draw enough footfalls...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/10/jolly-llb2%20%281%29.jpg?itok=IyEEN8FF
Jolly LLB 2....Lacklustre

Jolly LLB 2 is, what the Hindi film industry has got used to describe as a sequel and this one is supposed to be a sequel to Jolly LLB (2013). The film actually is another comic satire on the judiciary like the earlier one and the same director if that qualifies it to be called a sequel.

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/07/Ring%20%281%29.jpg?itok=fW58RSCq
Cinekorn Entertainment associates with Viacom India for film Ring

Cinekorn Entertainment has announced their association with Viacom India. The organization has acquired the Indian theatrical distribution rights of the third instalment of the popular horror franchise: The Ring. Cinekorn is already a leading content house that works on distribution of films on...

Movies Hollywood

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories