Hope we continue to make films that bring people together: Amitabh Bachchan

News Network
November 22, 2019

Panaji, Nov 22: Cinema is a universal medium that brings people together keeping aside the differences of their social and modern lives, said megastar Amitabh Bachchan on Thursday.

The 77-year-old veteran, who was declared as the recipient of the Dadasaheb Phalke Award in September this year, is being honoured at the ongoing 50th International Film Festival of India (IFFI) with a retrospective.

"I've always felt that cinema is a universal medium, one that is beyond language and beyond all kinds of other factors that keep coming into our social and modern lives.

"When we sit inside a dark cinema hall, we never ask the caste, colour, religion of the person sitting next to us. Yet, we enjoy the same film, the same songs, we laugh at the same jokes and cry at the same emotions," Bachchan said at the inauguration of the retrospective.

The actor added that in this fast disintegrating world, there are only few things, including cinema, which promote the idea of community and peace.

"I hope that we continue to make films that will bring people together and disintegrate this rather odd system of keeping sides due to colour, caste and religion, bringing us all into one community, making us hold hands together to appreciate our creativity and take a step forward and making this world a more peaceful place."

During the film festival, which runs till November 28 in Goa, celebrated films of the star including "Sholay", "Black", "Piku", "Deewar" and "Badla" will be screened.

"Paa", directed by Bachchan's frequent collaborator R Balki, opened the retrospective.

The cinema icon, who was also the guest of honour at the IFFI opening ceremony on Wednesday, said coming to Goa has always been a beautiful experience for him.

"Coming to Goa has always been like coming home. My very first film was shot here and ever since then we've had many opportunities to work in this wonderful place and receive the hospitality of all the Goanese during various things and shootings."

Bachchan also congratulated IFFI on its 50th edition and for providing the movie enthusiasts an opportunity to watch the world cinema.

"It has been 50 years of my journey in this film industry, it started in 1969, and it is the 50th edition of IFFI and I congratulate IFFI for conducting themselves in such a wonderful manner.

"Each year, we find a growth in the delegates that come here, the choice of films that are brought to the country, giving us an opportunity to see the works and creativity of other parts of the world," he said.

Also present at the event were Goa Chief Minister Pramod Sawant, Information and Broadcasting Secretary Amit Khare, IFFI festival director Chaitanya Prasad, veteran filmmaker Ramesh Sippy and former president of the Academy of Motion Picture Arts and Sciences (AMPAS) John Bailey, who is heading the International Jury at the festival.

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News Network
July 20,2020

New Delhi, Jul 20: On the occasion of International Chess Day, former Miss World and actor Manushi Chhillar enjoyed a game of chess with her father Dr Mitra Basu Chhillar and revealed through an Instagram post that she is a "competitive" board game player.

The 23-year-old actor posted a picture of herself and her dad on Instagram where the two are seen deeply concentrating on the game.

"I'm the competitive one, he's the mind reader. Irrespective of who loses, I know he always wins!#InternationalChessDay."

Further elaborating on the importance of playing chess, Manushi who once pursued a career in medicine stressed that chess helps in stretching the human mind in terms of strategy and imagination.

"Chess stretches your mind in terms of strategy and imagination because you really have to outwit your opponent at any cost. 

Playing chess with my dad is something that I have always loved doing because he's the most unpredictable, intelligent, and sharpest person I've ever played with," said Chhillar.

The 23-year-old actor is gearing up for her debut in Yash Raj Films' 'Prithviraj' where she will be seen opposite actor Akshay Kumar.

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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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News Network
March 12,2020

Los Angeles, Mar 12: Hollywood superstar Tom Hanks has revealed that he and wife Rita Wilson have tested positive for the novel coronavirus.

The actor couple, currently in Australia to shoot for the pre-production of Baz Luhrmann's untitled Elvis Presley film, decided to get tested after they felt "a bit tired".

"Hey folks Rita and I are down here in Australia. We felt a bit tired, like we had colds, and some body aches. Rita had some chills that came and went. Slight fevers too. To play things right, as is needed in the world right now, we were tested for the coronavirus, and were found to be positive," Hanks said in a tweet.

The Academy-award-winning actor said the medical team had already taken over.

"The medical officials have protocols that must be followed. We Hanks will be tested, observed and isolated for as long as public health and safety requires," Hanks said.

"Not much more to it than one-day at a time approach, no? We will keep the world posted and updated. Take care of yourselves!" Hanks tweeted.

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