Movies

HSBC ups stake in Indian Film Company to 9%

MUMBAI: HSBC Investments (Singapore) Ltd. has increased its stake to 9.10 per cent in The Indian Film Company (IFC), a specialist film investment firm where TV18 Group has substantial interest.

HSBC holds 5.01 million equity shares in IFC, following its recent purchase in the market. IFC is listed on the Alternative Investment Market (AIM) of the London Stock Exchange.


"HSBC has recently bought in the market and increased its stake in our company," confirms IFC CEO Sandeep Bhargava to Indiantelevision.com.


HSBC made a purchase of 1.08 million equity shares of IFC in the market for a consideration of ? 817,000 (Rs 65.36 million) in mid-December.


Network18 Fincap Ltd has 18.18 per cent stake in IFC and BK Media Mauritius Pvt Ltd 3.45 per cent. Raghav Bahl is a director of IFC and substantial shareholder of both Network 18 Fincap and BK Media Mauritius.


Viacom Brand Solutions holds 4.55 per cent while Halbis Capital Management has 11.05 per cent, Elara Capital 10.90 per cent and Dundee Leeds Management 9.09 per cent (as of 31 July, 2007).


The Indian Film Company raised ?55 million (Rs 4.4 billion) through an initial public offering (IPO) this year. The company seeks to invest in films where it retains full ownership of all Intellectual Property Rights (IPR), although ownership may be shared with co-producers, directors and actors if necessary.


IFC has taken worldwide distribution of Welcome and Jab We Met. The co-productions include Bhootnath, Little Zizou, Halla Bol, Golmaal Returns and Loot.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/08/22/eros.jpg?itok=6I1N1Gbv
Eros Worldwide pays off $40 million

Eros Worldwide FZ LLC, the promoter of Eros International Media Limited has informed the bourses today that it has completed sale of 11,716,850 shares of EIML between April to August 2017 amounting to over $40 million to reduce its revolving credit facility. The company says that with the paydown...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/08/22/Vivek_Agnihotri-Khalid_Mohamed.jpg?itok=oJuDw4dk
IFFI Preview Committee includes film certification panel members

NEW DELHI: A 40-member preview committee with Vivek Agnihotri as the convenor has been set up to continue the process of shortlisting of films for the International Film Festival of India 2017 being held in November this year.

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/08/21/bareilly-ki-barfi1.jpg?itok=KMVjQaPd
Akshay Kumar's versatility saves holiday week from dullness

The flow of new films seems to have tapered down. In the weeks when new films are not meant to be released like during IPL or exams etc, a bunch of small, inconsequential films swarm the cinemas. Even if one or two of them had a merit, they stood no chance because of high admission rates, odd show...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/08/21/Jahnu%20Barua%20and%20Nagesh%20Kukunoor.jpg?itok=75fi7EBl
IFFI 2017: Noted filmmakers to head steering & technical panels

NEW DELHI: Renowned filmmakers Jahnu Barua and Nagesh Kukunoor will head the steering and technical committees respectively for the International Film Festival of India 2017 being held in November this year.

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/08/18/partition.jpg?itok=QOJ3qGOO
Partition: 1947 -- Attempt to create nostalgia

Suddenly, the flavour of the season as far as filmmaking goes, seems to be India and its history, distant as well as recent. Some films, like Indu Sarkar (the recent film about the emergency era), are made to please the people in high places instead of the moviegoer while the latest one, Partition...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/08/18/berfi.jpg?itok=Mmq4sK1g
Bareilly Ki Barfi -- Insipid

Small town Uttar Pradesh love stories are the in thing, quite a few having worked at the box office to varied degrees of success. Last week’s release Toilet- Ek Prem Katha, was one such film. The advantage with basing a film in this region is that the subject can take all the liberties it wants,...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/08/14/toilet.jpg?itok=84ONtQGI
Toilet -- Ek Prem Katha may spring a surprise

Unlikely as it may seem, Akshay Kumar’s Toilet Ek Prem Katha may be on its way to spring a surprise at the box office. In fact, the process started from day two after its release as the film’s collections took huge jump on Saturday followed by another leap on Sunday.

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/08/14/CBFC.jpg?itok=fbBSkWwU
CBFC reconstituted, majority from film & theatre fraternity

NEW DELHI: After bringing in the adman and lyricist Prasoon Joshi and showing filmmaker Pahlaj Nihalani the door, the Central Board of Film Certification has been reconstituted -- with the entry of the actress Vidya Balan and the renowned filmmaker T S Nagabharana, among other. The 12 members...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/08/11/toilet-ek--prem.jpg?itok=IKFMDtmW
Toilet: Ek Prem Katha ... Part fun, part sermon

With little choice of genres left for films after themes like family social, horror and mythology were taken away by TV channels, filmmakers have to find variations in what they are left with: romance, action and comedy.

Movies Hindi

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories