SRK: I want to buy a plane, but don't have money

February 4, 2016

Mumbai, Feb 4: He is one of the highest paid actors of Bollywood, but there are things that even Shah Rukh Khan can't buy. The cine icon says he aspires to buy a plane, but is running low on funds as he has used them up to make films.

sharukh"I want to buy a plane but I don't have money. I put all my money in my films. I would really like to travel in a private plane because I can do a lot more work... One day I will make sure I have enough money. But I don't have enough money as I put in films. There is always a choice - buy a plane or make a film - so I make a film," said Shah Rukh.

The 50-year-old star, who has earned epithets like 'King Khan', 'Badshah' and 'The King Of Romance' after being part of the entertainment industry for over two decades, opened about his professional as well as personal life with his fans and by answering questions through #fame, a live video social platform.

After making his way into the world of glitz and glamour through the small screen, the actor took the leap for the silver screen. The 'Dilwale' star is not only known as an entertainer, but as a successful entrepreneur. He owns a film production company Red Chillies Entertainment with his wife Gauri.

When the superstar was asked about his "biggest worry" in life, Shah Rukh said: "I have a lot of worries in life because when you are at this level and are doing such kind of work, then there are a lot of things you have to look at."

"The biggest worry is that you have to be nice to everyone, care about everyone and think about everyone. There are days when I just want to say that 'No, I don't want to...somebody please take care of me'."

"And you are always worried about making sure that if you are in a place, or you are meeting someone, then you don't end up hurting someone. But there are days when I want to have no worries, no working worries."

On the professional front, Shah Rukh is gearing up for two big releases - 'Fan' and 'Raees'.

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mohammad.n
 - 
Thursday, 4 Feb 2016

Take one from Mallya , there are so many resting in mumbai i think.. he will give some discount

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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
July 26,2020

Mumbai, Jul 26: Just days after actor Kangana Ranaut made some claims on Sushant Singh Rajput's suicide case and asked why the Mumbai police is not summoning some people of the Hindi film industry, Maharashtra Home Minister Anil Deshmukh on Sunday said that film director Mahesh Bhatt and Karan Johar's manager will be called for the questioning.

"Tomorrow Mahesh Bhatt will be called for questioning and we will later call Karan Johar's manager too. If required Karan Johar can also be called for the questioning in Sushant Singh Rajput case," he said while speaking to news agency.

A day Rajput's suicide, Kangana had released a two-minute video speaking highly of the deceased actor and accusing certain sections of the film industry for not acknowledging the star's talent.

Kangana had also claimed that some of the last social media posts by the actor made it evident that he was struggling to survive in the industry.

According to the police, statements of 39 people, including film critic Rajeev Masand, director-producer Sanjay Leela Bhansali, and filmmaker Aditya Chopra have been recorded in the investigation so far.

Rajput was found dead in his Mumbai residence on June 14.

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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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