'Dilwale' takes edge over 'Bajirao' with 'excellent' opening

December 18, 2015

Mumbai, Dec 18: As the big Bollywood clash between "Dilwale" and "Bajirao Mastani" unfolded today at theatres across the country amid protests by right-wing outfits, early trends indicate that the Shah Rukh Khan-Kajol starrer is leading with a better opening at the box office.maxresdefault

Directed by Rohit Shetty, "Dilwale" reunites the iconic pair of Shah Rukh-Kajol after five years and is a commercial potboiler with a dose of romance, comedy and action.

While "Bajirao Mastani", starring Ranveer Singh, Deepika Padukone and Priyanka Chopra, is a historical romance saga directed by Sanjay Leela Bhansali.

"'Dilwale' has opened to an occupancy of 70 per cent while 'Bajirao Mastani' opened at 30 per cent. The opening day collection for 'Dilwale' will be somewhere around Rs 21-22 crore. 'Bajirao' might settle for a Rs 10-12 crore opening day figure," Girish Wankhede, of production-distribution company Entity One, told PTI.

Trade analyst Taran Adarsh said the opening of "Dilwale", which also stars Varun Dhawan and Kriti Sanon, will be within the range of "very good to excellent."

"'Dilwale' has opened better. It is too early to give a number now but it is in the range of very good to excellent. 'Bajirao Mastani' is slightly slow and is within the range of ordinary to good."

"Bajirao Mastani" narrates the love story of the Maratha warrior Peshwa Bajirao I and his second wife Mastani. While Ranveer and Deepika play the eponymous roles, Priyanka is seen playing Bajirao's first wife Kashibai.

Adarsh, however, feels word of mouth for the Ranveer-Deepika starrer is very positive which might help the film.

"The word of mouth for 'Bajirao Mastani' is very strong, it will gain momentum by the evening shows, but the masses are loving 'Dilwale'. Both the films will continue to do well as we have Christmas weekend followed by New Year. It is an open ground."

Manoj Desai, exhibitor and owner of G7 Cinemas here, said both the films are doing well in his properties despite their different genres.

"Both 'Dilwale' and 'Bajirao Mastani' opened to 100 per cent occupancy here. The shows are full and the audience response looks very promising as of now."

Adarsh feels the clash has hampered the screen count of both the movies, apart from dividing the audience.

"Not only the audience gets divided because of the clash but also the screen and show timings. Having said that, two good films can co-exist as has happened in the past too."

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News Network
March 25,2020

New Delhi, Mar 25: Actor Priyanka Chopra on Tuesday night through an Instagram Live conversation put forward questions about coronavirus to World Health Organisation (WHO) experts and busted some myths about the global pandemic.

WHO General-Director Dr Tedros Adhanom Ghebreyesus and Dr Maria Van Kerkhove, the WHO's Technical Lead, were part of the live conversation which Priyanka shared on her Instagram. More than 45,000 fans participated in the session.

"There is so much information circulating about Covid-19. And right now we're all searching for clarity. My friends at @WHO and @glblctzn graciously brought the doctors working on the front lines here to give us answers straight from the experts. Please take some time to watch my IG Live with Dr. Tedros (General-Director at W.H.O.) and Dr. Maria Van Kerkhove (Technical Lead for Covid-19) from @WHO, who answered some questions that so many of you sent in," Chopra captioned the post.
Bollywood's 'Desi' girl also asked her fans to spread awareness about the disease and tag their friends and family in the post who are looking for answers and action steps.
PC even posted few questions submitted by the general populace and answers to the same on her Instagram story. The first question came from her husband, Nick Jonas, who also joined in on the conversation.

One of the questions was about the latest 21 day lockdown in India. Priyanka and Nick have been in self-isolation for weeks now.

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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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News Network
May 11,2020

Mumbai, May 11: Model-cum-actress Poonam Pandey was on Sunday booked by Mumbai Police for violating the coronvirus-induced lockdown norms, an official said.

An FIR was registered against Panedy and a person accompanying her by the Marine Drive Police.

She was found roaming in her high-end car at Marine Drive without any reason, he said.

"A case has been registered against Pandey and Sam Ahmad Bombay (46) under sections 269 (Negligent act likely to spread infection of a disease dangerous to life) and 188 (Disobedience of order duly promulgated by public servant) of the Indian Penal Code (IPC) and under provisions of the National Disaster Act," senior police inspector Mrityunjay Hiremath said.

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