5 Minutes Read

Will turn EBITDA positive soon once new releases come in next few quarters: PVR

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

PVR’s earnings continued to be hit by COVID in the third quarter. Operating losses increased on a sequential basis, however, rent waiver as part of other income and lower other expenses saved the company from reporting huge losses.

PVR’s earnings continued to be hit by COVID in the third quarter. Operating losses increased on a sequential basis, however, rent waiver as part of other income and lower other expenses saved the company from reporting huge losses.

“Cinemas have very gradually opened between October to December, and while cinemas were open we really did not have big releases. We are hoping that in the next 2-3 months as more releases get planned we should hopefully be turned EBITDA positive very soon and hopefully get back to normal earnings over the next few months,” Nitin Sood, CFO at PVR said in an interview with CNBC-TV18.

He further added that a lot of cost reduction initiatives have been taken during the nine months that the business was completely shut.

“I think our pre-COVID level of average break-even occupancies used to be between 23-25 percent. Because of the restructuring of our cost, those numbers will be sub 20 percent levels now in the past pandemic world,” Sood stated.

He also informed that a number of films are pending for release in 2021 which is going to be big and hopefully that April-May will start with the Hollywood release calendar. Bollywood has some big releases, he added and expects the cinema business back to track over the next few months. Watch this interview for more.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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PVR Q3 earnings: Here’s what to expect

PVR will be reporting its Q3 earnings on January 15. After two quarters of negligible revenues, the street is expecting some revenues as cinema halls have reopened since mid-October.

Currently, PVR’s 80-85 percent screens are functional with 50 percent occupancy. However, this results in higher costs. New releases remain muted, but the recent release ‘Master’ has driven crowd back to the theatres.

Key thing to watch out for is government’s move to increase occupancy levels to 100 percent. This is important because based on occupancy levels, producers will release new content. Currently footfalls are in mid-single digits due to old content playing in cinemas.

CNBC-TV18’s Nupur Jainkunia gets more details on what to expect from the Q3 earnings.

Watch video for more.

Thousands throng theatres in Tamil Nadu on eve of Pongal as cinema halls reopen; see pics

Twin releases starring Tamil stars Vijay’s “Master” – and Silmabarasan’s “Eswaran” hit the big screens across multiplexes in Tamil Nadu, on the eve of Pongal, which saw audiences throng cinema screens in Chennai and other districts. Fans were excited to get a taste of movie theatres for the first time in 10 months.
Cinemagoers gather outside a theatre to watch Tamil language movie ‘Master’ starring Vijay, in Madurai, on January 13. (Image: PTI)
The first show at Rohini Theatre in Chennai began at 3 am. Off screen, larger-than-life cut-outs of actor Vijay adorned most theatres, many of which were treated to the customary pal-abhishegams (a ritualistic pouring of milk usually done to worship deities).
Although the mandatory 50 percent seating rule is in place amid the COVID-19 pandemic, restriction did not deter fans from making a beeline in the hope of buying tickets for both films.
Tamil Nadu allowed cinemas to begin with 100 percent seating capacity recently, but the Centre asked it to revert the decision in line with the Disaster Management Act. The state government has allowed multiplexes to play up to six shows per screen to compensate for the projected fall in box office collections.
Single-screen theatres and multiplexes greeted hordes of fans who scrambled to make it to their seats on day one.
Theatres and multiplexes have remained tight-lipped over revenue projections as multiplex owners are not happy about the decision to allow only 50 percent seating.
 5 Minutes Read

Amazon Prime Video launches mobile-only plan in India, teams up with Airtel

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

Amazon on Wednesday announced its first mobile-only Prime Video plan at a starting price of Rs 89 per month as it looks to woo entertainment-hungry smartphone users in the country. The single-user plan will initially be available for Bharti Airtel’s prepaid users, the company said.

Amazon on Wednesday announced its first mobile-only Prime Video plan at a starting price of Rs 89 per month as it looks to woo entertainment-hungry smartphone users in the country. The single-user plan will initially be available for Bharti Airtel’s prepaid users, the company said.

After a 30-day free trial, the Rs 89 for 28-day plan will come with 6 gigabytes of data. The introduction of the mobile-only plans in India is a global first for the company that competes against players like Netflix, Disney+Hotstar and Zee5, among others. “India is one of our fastest growing markets globally with very high engagement rates. Buoyed by this response, we want to double-down on our efforts and reach out to an even larger audience. Powered by affordable data, smartphones have become the preferred screen for entertainment in India,” Amazon Prime Video India Director and Country General Manager Gaurav Gandhi said.

He, however, declined to comment on the number of subscribers of Amazon Prime Video in India. Amazon Prime Video rival, Netflix introduced a similar mobile-only subscription plan in India for Rs 199 last year.

Bringing in mobile-only plans helps content streaming platforms tap into larger audiences, especially in smaller towns and those consuming content on the go. Prime Video Mobile Edition is a single-user mobile-only plan, providing SD (standard definition) quality streaming to customers which is created especially for a mobile-first country like India, Gandhi said.

As part of the Prime Video Mobile Edition launch in India, all Airtel customers on bundled prepaid packs can avail a 30-day free trial by signing up to Amazon from the Airtel Thanks app using their mobile number. After the 30 day-free trial, Airtel customers can access Prime Video Mobile Edition through prepaid recharges starting at Rs 89 for 28-day access to the service along with 6GB data.

Customers who want features like multi-user access, streaming across devices including smart TVs and HD/UHD content along with access to Prime benefits like Prime Music and free fast delivery on Amazon.in can recharge with a 30-day Amazon Prime membership at Rs 131 or recharge with a Rs 349 pack of 28-day validity. The recharges will be available on the Airtel Thanks app and over a million recharge points across the country.

“Over the last four years, Prime Video has become the country’s most loved premium streaming service with viewership coming from over 4,300 towns and cities. We believe that the Mobile Edition plan will further accelerate Prime Video’s adoption in India,” Gandhi said. Amazon Prime Video will continue to be available as part of Amazon’s Prime offering that is available for Rs 999 annually or Rs 129 a month.

Over the top (OTT) players like Netflix, Amazon Prime and Disney+Hotstar have seen massive growth in the past few years on the back of cheap data tariffs and availability of affordable smartphones. The adoption of these digital platforms was further accelerated during the pandemic amid restricted social activities like visits to movie theatres. “At Airtel, we are deeply passionate about delivering a differentiated experience to our customers through our Airtel Thanks program. We are happy to partner with Amazon to democratize quality digital entertainment in India by leveraging Airtel’s core strengths of quality customers, deep distribution and best-in-class network for video,” Bharti Airtel Chief Marketing Officer Shashwat Sharma said.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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 5 Minutes Read

Pongal festival: Tamil blockbuster films release, crowds throng theatres

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

Although the mandatory 50 percent seating rule was in place in view of the COVID-19 pandemic, the restriction did not deter fans from making a beeline in the hope to buy tickets for both films.

Ten months since a blockbuster Tamil film last released in a Chennai multiplex or theatre, twin releases starring Tamil stars Vijay and Silmabarasan hit the big screens across multiplexes in the state, on the eve of Pongal, Tamil Nadu’s harvest festival. The Vijay starrer Master and Eswaran saw audiences throng cinema screens in Chennai and several other districts, as fans got a taste of the movies for the first time in months.

Although the mandatory 50 percent seating rule was in place in view of the COVID-19 pandemic, the restriction did not deter fans from making a beeline in the hope to buy tickets for both films, with Master enjoying greater patronage along expected lines thanks to Vijay’s star value.

“So far theatre business has been pathetic in Tamil Nadu, with footfalls around 10 percent to 15 percent only during the weekends, while on weekdays most of the theatres were closed,” said trade analyst, Sreedhar Pillai, speaking exclusively to CNBC-TV18, “So, 1,100 cinema screens have been looking forward to the release of Master, which would be the biggest Pongal Tamil release in the state.”

Last week, the Tamil Nadu government issued an order allowing cinemas to revert to 100 percent seating, only to see it struck down by the Centre as the order diluted the home ministry’s COVID-19 restrictions on cinema seating in line with the Disaster Management Act. Subsequently, the Tamil Nadu government allowed multiplexes to play up to 6 shows per screen in order to compensate for the projected fall in box office collections.

Pillai added that given the increased number of shows per screen and houseful shows even with reduced seating, Vijay’s Master could easily make 65 percent of what it would have otherwise earned had the film released before the pandemic. “So, if the filmmakers make about Rs 50 crore by the first weekend, they’d definitely consider it a win,” he said.

These flattering estimates aside, questions continue remain over the sustainability of these numbers, whether estimates of a revival in the multiplex business are a tad premature. “We know that audiences will come for a Vijay film. But whether the same audiences are going to back to the habit of coming to theatres is a big question mark,” said noted film critic Baradwaj Rangan, “These fans coming to see Master, they are not coming because theatres are open.”

Rangan’s view is shared by several film buffs too, who frequented multiplexes before the pandemic hit but don’t visit them anymore. “Movies are closed environments with air-conditioning, and I don’t think they’re safe,” said Saravan Krishna, a Chennai-based entrepreneur, “Even if you would like to go (to the movies), you face a situation where you have parents at home, you end up meeting your grandparents. So, you don’t want to put them at risk.”

Curiously enough, theatres and multiplexes have remained tight-lipped over revenue projections. Many theatres that CNBC-TV18 reached out to, declined requests for interviews. A top-placed source said most multiplex owners are upset with the Centre’s decision to overturn Tamil Nadu’s decision to allow 100 percent seating as theatre owners had already begun selling more tickets than they could now part with.

However, these concerns notwithstanding, the eve of Pongal, single-screen theatres and multiplexes were greeted by hordes of fans scrambling to make it to their seats. The first show at the Rohini Theatre in Chennai began at 3:00 am. Off screen, larger-than-life cut-outs of actor Vijay adorned most theatres, many of which were treated to the customary pal-abhishegams (a ritualistic pouring of milk usually done to worship deities).

COVID-19 or not, the average filmgoer in Chennai is bored, and Pongal film releases seem like a great way to unwind and catch up with the movies.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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 5 Minutes Read

Why this is a golden age of entertainment?

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

India’s streaming services industry is one of the fastest-growing in the world.

We all have grown up on stories, some told by our grandparents, some we read in books, heard in songs and watched in plays. We have a rich storytelling heritage that spans many languages and regions. Every state in India offers distinct storytelling opportunities embedded in our culture. This diversity of stories exists with respect to both the means of entertainment and the content created by the people living here.

India’s love for storytelling is reflected in the glorious history of filmmaking which itself is more than a century old. The advent of cinema, television and then entertainment streaming services have given impetus to this timeless art to be taken to the world stage. We are in a golden age of entertainment that allows stories that represent our rich culture and heritage to be brought to consumers either as a two-hour film, an eight-episode series or even as a non-fictional documentary. This has resulted in an increase in opportunities for writers, filmmakers, creative professionals from all across the nation and also led to a variety of content across genres, moods, characters etc.

The media and entertainment sector is a significant job creator and there is a rising demand for creative talent. The heavy investment of streaming services in a multitude of stories from across the nation has accelerated this demand by creating more opportunities for new creative roles as more content is being produced than ever before. The concept of showrunner, for example, has been a notable one in recent times. You can liken the showrunner to the CEO of a startup because a showrunner shoulders the creative and management responsibilities of a series production while orchestrating the engagement between stakeholders such as the production house and cast and crew.

All this while ensuring that the timelines for delivery are being met without compromising the creative vision. Similar to showrunners, there are intriguing new creative processes like the ‘Writers Room’ which helps writers band together, brainstorm on ideas and create a narrative arc of complex layered characters that audiences love. These innovations are the latest in India’s fabled entertainment industry evolution that produces stories, across formats and mediums, consumed in India and around the world.

India’s streaming services industry is one of the fastest-growing in the world. According to a PwC 2020 report, it is believed that by 2024, India’s streaming services industry will become one of the top six worldwide. This growth is fueling significant investment in content, talent and creative professionals resulting in the best stories being produced in India, making it truly a golden age of entertainment.

Streaming services have been a boon for consumers and creators alike. For one, an Indian living anywhere in the country can watch the same film, at the same time on a device of their choice, often on a personal, hand-held device, and in the comfort of their home. Additionally, content creators, many who are the first time writers and directors are able to tell new stories, from small towns and villages, and streaming services help find audiences who love the story—be it a grandmother in Lucknow or a working professional in Nagpur. This has also opened up lots of opportunities and inspired more women storytellers to come forward and more storytellers to tell more women-centric stories. Today, every medium is thriving and streaming services have given a boost to the Indian entertainment industry helping strengthen India’s position as one of the world’s premier centres of entertainment.

We will see more and more writers, producers and directors creating stories about our incredible nation and its rich diversity with characters that are mainstream, layered and entertaining. These stories, free from the constraints of time, form and budget, have the power to reach audiences across the world who want to be entertained. By focusing on creative excellence and artistic expression creators can strive to tell the finest stories. That’s because whatever the genre or story if it’s well made the internet helps you find an audience around the world. We need more Indian stories to compete on the global stage with the finest global films and series from around the world.

—The author, Srishti Arya is Director, International Original Film, Netflix. Views are personal

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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PVR to launch QIP in February to raise Rs 800 crore

PVR Cinemas

India’s biggest multiplex operator PVR is looking at launching at a qualified institutional placement (QIP) by February to raise about Rs 800 crore, according to sources with direct knowledge.

CNBC-TV18 has learnt that the PVR board had already approved this fundraise and stated that two instruments are what they are looking at —  QIP or placement of shares. They have now zeroed on a QIP and the work has already begun.

Axis Capital, as well as Kotak Investment Banking, are the two banks which have been appointed to take forward this transaction and to raise funds for PVR.

Watch the video for more

 5 Minutes Read

Anushka Sharma, Virat Kohli blessed with baby girl

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

Anushka and the baby are both healthy, Kohli said on Monday.

Bollywood actress Anushka Sharma and Indian cricket team captain Virat Kohli became parents to a baby girl on Monday (January 11).

Sharing the news on Instagram, Kohli said, “We are thrilled to share with you that we have been blessed with a baby girl this afternoon. We thank you all for your love, prayers, and good wishes. Anushka and baby are both healthy and we are feeling beyond blessed to start this new chapter of our lives. We hope that you can respect our privacy at this time. Love, Virat.”

Kohli has taken paternity leave and missed the second, third and fourth Tests again Australia. The Board of Control for Cricket in India had issued a statement confirming it had granted Kohli’s request for paternity leave during the Border-Gavaskar series.

Congratulatory messages pour in for the new parents from family and friends. Cricketer Hardik Pandya tweeted, “Congratulations brother and Anushka Sharma. Hugging face Welcome to parenthood. A big hug to the little one, who’ll give you happiness like you’ve never experienced before.”

“Congratulations Virat Kohli and Anushka Sharma. I am sure this will be the best phase of you life! God bless,” cricketer Pragyan Ojha tweeted.

“Daughters are the biggest blessing to those who are the luckiest! Congratulations Anushka Sharma and Virat Kohli and welcome to the wonderful world of parenting, tweeted cricketer Suresh Raina.

The couple tied the knot on December 11, 2017.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
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Should Elon Musk be able to buy Twitter?

 5 Minutes Read

Superstar Rajinikanth says ‘no’ to politics again

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

Top star Rajinikanth on Monday categorically said he would not enter politics and appealed to his fans to not organise any events to urge him to reconsider his decision. A day after his fans held an agitation here, urging him to reverse his choice, the actor said he has already made known his decision and explained the reasons for it.

Top star Rajinikanth on Monday categorically said he would not enter politics and appealed to his fans to not organise any events to urge him to reconsider his decision. A day after his fans held an agitation here, urging him to reverse his choice, the actor said he has already made known his decision and explained the reasons for it.

In a statement posted on his Twitter handle, he appealed to his fans to not organise such events seeking him to enter politics and make him sad more and more.

After his hospitalisation in Hyderabad for fluctuation in blood pressure, the actor declared on December 29 that he would not enter politics given his health condition vis-a-vis the coronavirus pandemic. The actor underwent a renal transplant in 2016 and is on immunosuppressants.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

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Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
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Should Elon Musk be able to buy Twitter?

 5 Minutes Read

Amitabh Bachchan now has 45 million followers on Twitter

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

On the work front, the veteran actor will next feature in Ayan Mukherji-directed ”Brahmastra”, Nagraj Manjule’s ”Jhund” and Rumi Jaffrey’s ”Chehre”.

Megastar Amitabh Bachchan on Saturday clocked 45 million followers on Twitter. The 78-year-old star is one of the most active Bollywood personalities on Twitter. He is also present on social media platforms such as Facebook and Instagram, among others and has a personal blog on Tumblr.

Taking to Twitter, the actor thanked one of his fans, who posted an old black-and-white picture of a young Bachchan, seeking blessings from his late father and poet Harivansh Rai Bachchan. On the photo, the fan wrote, ”45 million started with the blessings of Pujya Maa and Pujya Babuji.” Recalling the moment, Bachchan said, ”The picture says a lot more.. It’s the moment I came home surviving death after the ’Coolie’ accident… It’s the first time ever I saw my father breaking down! A concerned little Abhishek looks on!” In 1982, Bachchan had suffered a fatal accident while shooting an action scene for Manmohan Desai’s ”Coolie” in Bangalore. He was hospitalised and it took him several months to fully recover. Thr megastar often describes his life post the accident as a rebirth.

The actor currently has 29 million followers on Facebook and 24.5 million on Instagram. At the moment, Prime Minister Narendra Modi has the most popular Twitter profile in India, with 64.7 million followers.

On the work front, the veteran actor will next feature in Ayan Mukherji-directed ”Brahmastra”, Nagraj Manjule’s ”Jhund” and Rumi Jaffrey’s ”Chehre”. He recently joined the cast of Mayday, being directed by actor-filmmaker Ajay Devgn.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

Next Article

Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
Powered by
Are you a Crypto Head? It’s time to prove it!
10 Questions · 5 Minutes
Start Quiz Now
Win WRX (WazirX token) worth Rs. 1500.
Question 1 of 5

What coins do you think will be valuable over next 3 years?

Answer Anonymously

Should Elon Musk be able to buy Twitter?