I intend to come back stronger: Ranveer Singh on injury

Agencies
April 3, 2018

Mumbai, Apr 3: Ranveer Singh, who recently suffered a shoulder injury, today said that he was on the path to recovery and is concentrating on coming back "stronger".

The 32-year-old actor took to Twitter to thank fans for their wishes and revealed that he sustained a "labral tear" in his left shoulder during a football match.

"Thank you for the good wishes everyone. I'm good. It's just a labral tear in my left shoulder. I intend to come back stronger... Love you all," Ranveer wrote.

A spokesperson for the "Padmaavat" star yesterday said in a statement that he would not perform at this year's IPL opening ceremony as doctors had strictly advised him against overstraining his shoulder.

Ranveer, however, will continue shooting for his next "Gully Boy".

"Ranveer will continue to shoot for 'Gully Boy' as per its shooting schedule which is not physically strenuous since only performance-based talkie scenes are left to be shot," the statement had added.

The actor is also working in Rohit Shetty's cop film "Simmba" and Kabir Khan's sports drama "83", in which he would portray former Indian cricket captain Kapil Dev.

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News Network
June 10,2020

Mumbai, Jun 10: Bollywood actors Sushant Singh Rajput and Varun Sharma's former manager Disha Salian reportedly committed suicide by jumping off the 14th floor of her apartment in Malad on June 8 night.

Varun Sharma mourned the demise on Instagram, sharing a photo with his former manager and friend.

"Am at a loss of words. Speechless. Numb. It all looks unreal. So many memories. Such a lovely person and a dear friend. You always wore that smile everyday, and with such kindness you dealt with everything that came your way. You will be deeply missed. Prayers and Strength to the Family. I still can't believe Disha you're gone. Gone too Soon," wrote Varun.

The young celebrity manager was reportedly with her fiance when she took the drastic step on June 8 night. She was declared dead on being rushed to a hospital in Borivali.

The police have started an investigation. As per reports, they have recorded the statement of the deceased's parents. Her fiance might also be asked for a statement.

Apart from Sushant Singh Rajput and Varun Sharma, Disha has managed comedian Bharti Singh in the past.

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News Network
May 26,2020

New Delhi, May 26: As the country celebrated Eid-ul-Fitr in the testing times of coronavirus this year, megastar Shah Rukh Khan's greetings reflected of blessings from the almighty to help the countrymen sail through the tough times.

The 54-year-old actor took to Twitter to extend Eid greetings to his fans.

"May the blessings of Allah see us through these times," he wrote in the tweet.

"In the end, it's Faith that keeps us going... Eid Mubarak to all. May He shower all with love, peace and prosperity always," Khan's tweet further read.

Eid-ul-Fitr marks the conclusion of the holy month of Ramzan, which is a month of fasting and prayer for the Muslim community.

This year, Eid is being celebrated amid a nationwide lockdown imposed as a precautionary measure to contain the spread of COVID-19.

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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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