Would love to make biopic on Yuvraj Singh: Abhishek Bachchan

July 26, 2014

Mumbai, Jul 26: "I would love to make a biopic on Yuvraj Singh. He has had a fantastic life. He is a warrior. I could easily give name of Kapil Dev, Sunil Ghavaskar, Sachin Tendulkar, Sourav Ganguly, Mahendra Singh Dhoni, but I would say Yuvraj. I love his career graph and his fighting spirit," Abhishek told reporters at a press conference of his Kabaddi team Jaipur Pink Panthers.

"I love his career graph he has a flighting spirit. His selection process, being the young superstar, fighting cancer, bouncing back, playing World Cup...its fantastic," he said.

Abhishek unveiled the jersey of his Jaipur Pink Panthers team recently.

The actor, who has invested in the team, hopes Kabaddi becomes popular like cricket in some years time

"If with a celebrity the sports gets the limelight then it's good. I want to make the sport of kabaddi popular among the masses. I want to promote the game as much as I can. We want to elevate the sport like cricket. We hope this franchise becomes big and sportsmen will get opportunity to show their talent," he said.

Abhishek, who owns the team, expressed confidence in his players and hopes they win the tournament.

"The team is working hard and they would deliver their best to win the competition. I would try and stay with them whenever I can. My father would be there tomorrow for the match. My family would be present whenever they can," Abhishek said.

There will be total 8 teams in the league and the matches are beginning from July 26. The first match will between Jaipur Pink Panthers and U Mumba in Mumbai.

The first memory of kabbadi for Abhishek was watching his father, Amitabh Bachchan's film Ganga Ki Saugand in which he plays the sport.

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Action director Parvez Khan, known for Andhadhun and Badlapur, dies at 55

Agencies

July 27,2020

Mumbai, Jul 27: Action director Parvez Khan, known for his work in films like Sriram Raghavan's Andhadhun and Badlapur, died on Monday after suffering a massive heart attack. He was 55.

Parvez, who worked in the industry since 1986, was rushed to Ruby Hospital after he complained of chest pain, his longtime associate Nishant Khan told PTI. "He suffered a major heart attack in the morning. He was rushed to the hospital but was pronounced dead. He didn't have any health issues but felt chest pain last night," Nishant said.

Filmmaker Hansal Mehta, who worked with Parvez in the National Award winning 2013 drama Shahid, said the action director was extremely skilled. "Just heard that action director Parvez Khan is no more. We had worked together in Shahid where he executed the riots sequence in a single take. Very skilful, energetic and a good man. RIP Parvez. Your voice still rings in my ears," Hansal tweeted.

Parvez started his career by assisting action director Akbar Bakshi in films like Akshay Kumar's Khiladi (1992), Shah Rukh Khan's Baazigar (1993) and Bobby Deol-starrer Soldier in 1998. It was with Ram Gopal Varma's Ab Tak Chhappan in 2004 that he started working independently and went on to have a long-standing collaboration with filmmaker Sriram Raghavan in films such as Johnny Gaddaar (2007), Saif Ali Khan-starrer Agent Vinod in 2012 and Badlapur, featuring Varun Dhawan. He is survived by wife, son, daughter-in-law and a granddaughter.

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Deepika Padukone should hire me: Ramdev

News Network

January 14,2020

Indore, Jan 14: Yoga guru Ramdev has said that Deepika Padukone should hire persons like him for offering correct advice, days after the actress had visited Jawaharlal Nehru University in Delhi following the violence at the campus earlier this month.

"Deepika Padukone needs to study about political, social and cultural issues. She should understand more about our country. Only after gaining knowledge, she should take decisions. I feel she should have persons like Swami Ramdev for correct advice," Ramdev said at an event here on Monday.

On January 7, Padukone joined the protest at JNU after a masked mob entered the varsity campus and attacked the students and teachers with sticks and rods on January 5.

Several BJP leaders questioned the support extended by Padukone. On the other hand, the Congress threw their weight behind the actress for her stand.

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PVR takes cost reduction steps; plans to raise Rs 300 cr via rights issue

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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