Actor Dia Mirza, husband Sahil Sangha announce separation

Agencies
August 2, 2019

Mumbai, Aug 2: Actor Dia Mirza on Thursday announced that she and husband Sahil Sangha were separating after being together for 11 years.

In a joint statement that Mirza and Sangha shared on their social media accounts, the former couple said they "remain friends" and will continue to be there for each other.

Mirza, 37, and Sangha, 39, dated for a while before tying the knot in 2014.

"After 11 years of sharing our lives and being together, we have mutually decided to separate. We remain friends and will continue to be there for each other with love and respect. While our journeys may lead us down different paths, we are forever grateful for the bond that we share with each other," the statement read.

The actor, known for her roles in "Rehna Hai Tere Dil Mein", "Dum" and "Sanju", co-owns a production house with Sangha, producing films such as "Love Breakups Zindagi" and "Bobby Jasoos".

"We thank our family and our friends for all their love and understanding and members of the media for their continued support and request everyone to respect our need for privacy at this time. We will not be commenting any further on this matter," it further read.

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News Network
June 18,2020

New Delhi, Jun 18: Actor Priyanka Chopra Jonas on Thursday paid tribute to the Indian soldiers who were killed in clashes with Chinese troops in Ladakh's Galwan valley.

The 'Fashion' actor who is currently living in America with her singer husband Nick Jonas took to Twitter to extend support to the families of the fallen soldiers.

"My heart goes out to the soldiers and their families. May God give them the strength to cope with this irreparable loss," she tweeted.

Twenty Indian soldiers were killed in a violent face-off with Chinese troops on Monday at Galwan Valley in Ladakh.

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News Network
June 26,2020

New Delhi, Jun 26: At a time when the nation has still not come to terms with Sushant Singh Rajput's death, a shocking case of 16-year-old TikTok star SIya Kakkar has shocked everyone. The social media sensation committed suicide on June 25 at her residence in Delhi. The reason behind her death is still unknown and, as per the latest reports, the police investigation is underway.

The tragic news has made her fans extremely sad and, condolences are pouring in across social media. "16 Year Old Tik Tok Star Siya Kakkar Commits Suicide.She had all the fame, over 1M followers on Tik Tok, a lakh followers on Insta. I just can't understand what is happening with people? Why would a 16 year old commit suicide? It is getting worse day by day. Om Shanti", wrote a Twitter user.

Another tweeted, "#siyakakkarSuicides are increasing day by day we have to put efforts to stop it.Please try to understand other peoples help them if they are worry Give them space if they http://need.Love selflessly".

She had over 1.1 million followers on TikTok and 113k followers on Instagram.

Just 11 days back, actor Sushant Singh Rajput;s suicide case shocked the nation. On June 14, the actor was found hanging in the bedroom of his rented accommodation in the Mount Blanc building off Carter Road at Bandra.

 
 
 
 

 
 
 
 
 
 
 
 
 

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News Network
June 9,2020

New Delhi, Jun 9: Multiplex operator PVR on Monday said it has cut salary across various levels, laid off employees and deferred increments during the lockdown to mitigate adverse impact of COVID-19 on the business.

The company said at present it is not generating any revenue from exhibition business and related activities as cinemas across the country are shut following the directions from the regulatory authorities.

According to the company, closure of screens during the lockdown will have a significant negative impact on profitability and liquidity.

PVR has taken measures to reduce its personnel cost, including salary cuts across various levels in the organisation during the lockdown along with "reduction in headcount by way of layoffs/retrenchment" to mitigate the adverse impact of COVID-19 on the business.

Moreover, the board of the company, in its meeting held on Monday has also approved plan to raise Rs 300 crore through rights issue.

"Since Cinema Exhibition is the only business segment, company is currently not generating any revenue from admissions, food and beverage sales or other revenue and cash flow from operations," said PVR in an update.

Beginning from March 11, PVR started closing its screens in accordance with the order passed by various regulatory authorities and within a few days most of our cinemas across the country were shut down, it added.

The company will continue to incur committed cash outflows, including employee salary pay-outs, other overheads as well as payments for older working capital.

"This has and will have a significant negative impact on profitability and liquidity during lockdown and even thereafter till business comes to normalcy," it added.

Further, once the cinemas are re-opened, we may not be able to run our cinemas at normal capacity utilisation levels on account of social distancing measures that cinemas may be required to follow as well as health concerns that the patrons may have, the multiplex operator said.

"On account of this, our revenue and cash flow generation may be impeded even once we are allowed to restart operations," it added.

The company has also deferred decision on on increments to reduce its cost, it added.

PVR has also written to developers for waiving rental and CAM (Common Area Maintenance) charges for the lockdown period.

It is in discussion with developers for reducing rentals post re-opening and has invoked force majeure clause in its agreements with them.

Besides, the company has raised additional borrowings from existing bankers to shore up liquidity.

"As of March 31, 2020 the company had cash and bank balance of Rs 316 crore. As on June 7, 2020 cash and bank balance is Rs 227 crore (including undrawn bank lines)," it added.

Over reopening of theatres, PVR said that the government has come out with a phase-wise schedule.

In these guidelines cinema halls have been kept in the third phase of re-opening, where dates will be decided based on assessment of the situation.

"We are in continuous engagement with all regulatory authorities and hope to receive the necessary permissions for restarting opening in the near future," it added.

Currently PVR operates 845 screens in 176 properties in 71 cities.

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