Singer S P Balasubrahmanyam tests positive for COVID-19

Agencies
August 5, 2020

New Delhi, Aug 5: Playback singer S P Balasubrahmanyam on Wednesday confirmed testing positive for COVID-19 with 'mild' symptoms.

The 74-year-old musician shared the information through a video message posted on his official Facebook page.

In the video, the singer detailed about having a little "discomfort" for two days, stating he had chest congestion along with cold and on-off fever, which led him to get tested for the virus.

However, he also mentioned that he could have stayed at home in self-quarantine, as advised, but did not want to put his family in danger, and hence got admitted by his own choice, to recover quickly.

"I am in good hand, I am in good health. Nobody has to worry about this. The fever has subsided, and in two days I'll be discharged and I'll be home. Thanks for the concern," he said in the video message.

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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
April 3,2020

Washington, April 3: American actor Kristen discussed her experience being isolated with husband and their two kiddos.

According to Fox News, the 39-year-old actor discussed how she and Shepard are finding quarantine to be a little tough in a video chat to Entertainment Tonight.

Bell admitted: "We've gotten on each other's last nerve these last couple days. We're doing much better now because were laughing about it. But when we were not laughing about it for the first couple of days, that's the hard spot."

The 'Bad Mom' actor then shared her thoughts on why quarantining with loved ones can be so tough. She explained that she loves spending time with her husband and he loves spending time with her.

But what she thinks is different about this quarantine time is you have so much more time to think about the other persona and their actions and sort of replay what they said or attach a meaning to something that they did.
Bell added: "Nobody really needs time for that. That's useless."

The 'Frozen' actor also discussed having to make adjustments in regards to her kids, 7-year-old Lincoln, and 5-year-old Delta, and the schedule she tried to keep once the quarantine began.

She said that the biggest lesson she learnt, in the beginning, was that she wrote out the colour coded schedule, and noted about when will be their academic and academic time.

Kristen explained that by day five of schedule, she was making everybody miserable. About a week ago, she woke her kids up and encouraged her daughters to rip up the schedule, explaining that the kids "felt so good."

"I said the learning lesson here is that if you make a plan and it's not working, you pivot," said Bell.

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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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