Rajinikanth to float own political party

Agencies
December 31, 2017

Chennai, Dec 31: Ending suspense, Tamil superstar Rajinikanth today announced his entry into politics and said he will launch his own party.

"I am joining politics for sure," the 67-year-old said amid thunderous applause from fans.

Quoting a shloka from the Bhagwad Gita which stresses on the importance of doing one's duty and leaving the rest to the Lord, he said, "This is the compulsion of time."

Addressing fans here on the valedictory of a six-day-long meet, the actor said he will launch a political party which will contest all 234 assembly constituencies in Tamil Nadu.

He said the party will be launched ahead of assembly elections at an appropriate time.

The policies of the party will be taken to the people, he said and added that truthfulness, hard work and growth will be the slogan of his party.

"Do good, speak and only good will happen," will be the guiding slogan, he said.

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Agencies
August 4,2020

Mumbai,  Aug 4: BJP leader Narayan Rane on Tuesday claimed that Sushant Singh Rajput did not "commit suicide" and alleged that the actor was murdered.

He also alleged that the Maharashtra government is trying to save someone.

Addressing a press conference here, Rane said: "Sushant Singh Rajput did not commit suicide. He was murdered. Maharashtra government is trying to save someone. It is not paying attention to the case."

Meanwhile, the Bihar government sent a recommendation for the Central Bureau of Investigation (CBI) inquiry in the case filed by Rajput's father KK Singh in Patna.

"The State Government has sent a recommendation for CBI inquiry in the case filed by Late Shri Sushant Singh Rajput's father, Shri KK Singh, related to the death of Late Sushant Singh Rajput in Patna," Chief Minister Nitish Kumar tweeted.

Earlier, KK Singh had revealed that he had filed a complaint with Mumbai police in February claiming his son's life was in danger. The revelation came as he filed an FIR with Patna police, alleging Mumbai police of inaction even after 40 days of the actor's sudden death.

In a self-made video, Singh alleged that the accused in the actor's death case is on the loose and Patna Police should be provided with help.

"On February 25, I informed Bandra Police that the life of my son Sushant is in danger. He died on June 14 and I asked them to act against people named in my Feb 25 complaint. 

No action has been taken even 40 days after his death. So, I filed FIR in Patna. Patna Police swung into action. But the accused is running away(on the loose). Patna Police should be given help. I thank Chief Minister Nitish Kumar and his colleague Sanjay Jha who gave support to the truth in this hour of grief," he said.

After the actor's demise on June 14, he asked the police to take action against the people named in the complaint given by him on February 25, said Singh, adding that no action has been taken.

An FIR was filed by Patna Police against actor Rhea Chakraborty in the Rajput's death case under several sections of the Indian Penal Code (IPC) including abetment of suicide. Bihar Police started the investigation and dispatched a team to Mumbai.

Earlier, Maharashtra Home Minister Anil Deshmukh condemned the demand for Sushant Singh Rajput's death case to be handed over to the CBI.

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News Network
March 21,2020

New Delhi, Mar 21: Novel coronavirus cases in India rose to 258 on Saturday after 35 fresh cases were reported in various parts of the country, according to the Health Ministry.

Among the 258 are 39 foreign nationals, including 17 from Italy, three from the Philippines, two from the UK, one each belonging to Canada, Indonesia and Singapore.

The total figure also includes four deaths reported from Delhi, Karnataka, Punjab and Maharashtra.

"The total number of active COVID-19 cases across India stands at 231 so far," the ministry said, adding that 23 others have been cured/discharged/migrated while four have died.

Delhi has, so far, reported 26 positive cases, which include one foreigner, while Uttar Pradesh has recorded 24 cases, including one foreigner.

Maharashtra has 52 cases, including three foreigners, while Kerala has recorded 40 cases, which include seven foreign nationals.

Karnataka has 15 coronavirus patients. The number of cases in Ladakh rose to 13 and Jammu & Kashmir four. Telangana has reported 19 cases, which include 11 foreigners.

Rajasthan has also reported 17 cases, including two foreigners. Gujarat has reported seven cases so far.

Tamil Nadu, Andhra Pradesh and Uttarakhand have reported three cases each.

West Bengal, Odisha and Punjab each reported two cases while Puducherry, Chhattisgarh and Chandigarh reported one case each.

In Haryana, there are 17 cases, which include 14 foreigners.

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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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