Vidya Balan, Aamir Khan, Rajinikanth, Kamal Haasan cast their vote

[email protected] (Cine News)
April 24, 2014

Vidya_Balan_Voting

Mumbai, Apr 24: Bollywood celebrities like Vidya Balan, Sonam Kapoor, Aamir Khan were among the early voters at the Lok Sabha Polls in Mumbai on Thursday (April 24).

Rajinikanth_votingPolling began at 7 AM for the third and final phase of the Lok Sabha elections in Maharashtra, where 338 candidates are testing electoral waters in 19 Lok Sabha seats.

Speaking to the media after casting her vote, National Award winning actor Vidya Balan told the media that ‘it is important to vote before pointing a finger at the leaders.’ Feeling proud of ‘The Dirty Picture’ actress filmmaker Mahesh Bhatt said, “Vidya Balan votes as Mumbai sleeps.”

Vidya Balan, who lives in suburban Juhu after her marriage with UTV head Siddharth Roy Kapur, cast her vote at a Chembur booth. When asked about her voting in Chembur, she said laughing, “Why not.. this gives me a chance to come to Chembur..I do come often”. “Its my responsibility to vote…To point fingers at others and (if) I face a problem, I need to have this on my finger,” she said displaying her inked finger.

‘Bhaag Mikha Bhaag’ actor Farhan Akhtar, who is all set to host the IIFA awards in Tampa Bay Florida, was also early to cast his vote.

Meanwhile Farhan Akhtar talked about the discrepancies at his polling station. He said, “Many at my polling station saying their name not on the list. They voted the last time but can’t this time. Been turned away.” The actor added, “These discrepancies are really sad and are a denial of their democratic right. Someone needs to look into it. Where did their vote go?”

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News Network
January 9,2020

Mumbai, Jan 9: Actor Juhi Chawla on Wednesday said instead of constantly criticising the government, one should reflect on own conduct and talk about uniting rather than dividing.

The actor attended an event which aimed to counter "Free Kashmir (narrative), anti-India slogans, false propaganda and clear the misconception."

Juhi said as artistes, it's unfair to be questioned about incidents "just for a reaction" when they should be given time to truly understand the situation.

"We are going to work, thinking how to execute our task, then some incident happens somewhere and suddenly the media asks, 'what do you think about this?' We haven't understood the matter, people haven't understood the matter but you need a reaction.

"Let people understand, whether it's NRC or CAA, and what's is it about, why is this being talked about," Juhi told reporters.

The actor said it is sad that people talk about division more than unity.

"Everyone is quick to talk about dividing. Why don't we talk about uniting? Why does everyone say 'what is the government doing, why is it doing this?' but I say if you point one finger there then three fingers are at you.

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News Network
February 10,2020

Chennai, Feb 10: The Income Tax Department on Monday summoned Tamil actor Vijay over charges of tax evasion and his alleged links with financier Anbu Chezhiyan.

The development comes after the IT Department on Friday carried out a raid at the actor's residence in Panaiyur area in Chennai.

IT sleuths held searches in connection with the success of a recent film which was a Box Office hit, collecting around Rs 300 crore.

As per sources, the IT Department on Thursday recovered Rs 65 crores from the residence of Vijay's alleged financer in Chennai during raids which were carried out in the connection with the tax evasion case linked to AGS Cinemas.

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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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