Coca-Cola in trouble for failing to arrange girl's date with Hrithik Roshan

Nalgonda,  Jul 5: Bollywood filmmaker Ram Gopal Varma has been booked in connection with his upcoming film 'Murder' which is based on Pranay Kumar's murder in Nalgonda district.

Ram Gopal Varma was booked following Nalgonda court's directive on a petition filed by father of a man who was killed in an alleged honour killing incident in Miryalaguda in 2018.

"We have booked filmmaker Ram Gopal Varma following a court order for his upcoming movie 'Murder', which is based on sensational caste-based Pranay Kumar's murder that occurred in Miryalguda, Nalgonda District in September 2018, " Police said.

On June 21, the filmmaker has released the poster of 'Murder', based on a true story.
Police said, "Pranay's father Balaswamy has filed a petition in Nalgonda Court stating that the film will affect the on-going trial of Pranay's murder case and the film should be stalled."

"We've registered a case under relevant section of SC/ST (Prevention of Atrocities) Amendment Act and taken up investigation."

"The court has ordered Nalgonda police to register a case against the film director Ram Gopal Varma and the producer," added the police.

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.

Los Angeles, May 24: Hollywood star Salma Hayek says her daughter Valentina Pinault is a talented 12 year old who wants to be a director and star as a lead in a film one day.

The Oscar-nominated actor shares Valentina with husband, French billionaire Francois-Henri Pinault.

Hayek said she has confidence in her daughter's abilities and believes she has a long way to go.

"She has so many talents. She draws, she wants to shoot movies - both as a director and as the lead - and she writes great pieces. Sometimes when I read her work, I have an urge to produce these stories.

"But she tells me that she will do it by herself when she's older. I don't know what's coming next for her but it seems that she has a lot of ways to go," the actor told HELLO! magazine.

Hayek, 53, added she is concerned about Valentina who has always lived a sheltered life.

"Valentina has always done what she wanted, I've never made her do anything and this means she hasn't yet learned how to oppose pressure, how to overcome obstacles.

"I know by experience that only the overcoming of some difficulties can lead you in the right direction," she said.