Gadar 2 gives single-screen cinemas a much-needed boost

Posted By: Preeti Dabar Posted On: Aug 14, 2023
Gadar 2 has been lapped up in the Hindi heartland including Delhi, Uttar Pradesh, Bihar, and parts of central India in a welcome relief to such cinemas at a time of waning popularity of Bollywood films among mass-market viewers with several new releases considered to feature mostly urban, elitist themes.

New Delhi: Gadar 2, a sequel to the 2001 hit, has finally brought some cheer to pandemic-hit small, single-screen cinemas in the Hindi-speaking belt with audiences returning in droves.

This is leading industry experts to estimate net opening weekend collections of ₹110-120 crore within India and global gross collections of ₹150 crore for the film.

Gadar 2 has been lapped up in the Hindi heartland including Delhi, Uttar Pradesh, Bihar, and parts of central India in a welcome relief to such cinemas at a time of waning popularity of Bollywood films among mass-market viewers with several new releases considered to feature mostly urban, elitist themes.

Recent hits like Oppenheimer and Rocky Aur Rani Kii Prem Kahaani too, were mostly targeted at up-market, multiplex audiences.

Gadar 2 clocked opening day collections of more than ₹39 crore, making it the second highest first-day grosser of 2023 after Shah Rukh Khan's Pathaan ( ₹55 crore) and the ninth highest opening day grosser of all time among original Bollywood films.

“We're humbled by the response which shows that the film is being celebrated like a festival. And all of this with the Independence Day holiday yet to come," Shariq Patel, chief business officer, Zee Studios, producers of the film said, adding that the movie has met its goal of serving as a community experience. Single screen cinemas have even added shows as early as 1:00 am and 4:30 am to accommodate audiences. The film's release happened just days after the Mumbai bench of the National Company Law Tribunal approved Sony Pictures Network India's (Culver Max Entertainment) proposed merger with Zee Entertainment Enterprises Ltd (ZEEL).

Set during the Indo-Pakistan war of 1971, Gadar 2 has been directed by Anil Sharma and sees original actors Sunny Deol and Ameesha Patel reprising their roles.

Bhumika Tewari, senior vice-president, acquisition and revenues (worldwide theatrical and non-theatrical) at ZEEL said the film is being shown in about 4,000 screens across India. However, the number of shows rose from 13,000 to 14,000 over the weekend with reasonable pricing, and in case of single screens, in the range of Rs. 110-120.

Videos of crowds dancing and cheering in theatres in tier-two and tier-three towns have made their way to social media over the past few days. Amid a slew of Bollywood box office failures, the Hindi-speaking heartland has seen a wave of temporary and permanent closures of single-screen cinemas. About 1,500-2,000 theatres had already shut shop during the pandemic.

Several small-town theatres that operate only during the lucrative Diwali weekend have opened up for Gadar 2 and theatres, even in the south, where Rajinikath's Jailer and Chiranjeevi's Bhola Shankar, are also running, are adding extra shows. Gadar 2, however, remains a north-centric hit with contribution of Delhi and Uttar Pradesh at 26.5% (as compared to 20% in most films), Punjab at 13% (versus 9-10%) and Rajasthan at 7.5% (compared to 4%). Other markets like Bihar too are going into overdrive.

Bihar-based independent exhibitor Vishek Chauhan said while single screen theatres like theirs are expecting the film to do well, the connect with mass-market audiences has exceeded all expectations. While collections close to Rs. 200 crore could come in by Independence Day, the week could end with Rs. 230-240 crore. “Now it has become difficult for people to resist this film. Ours is a derived demand business, so if you give single screens the right product, everything will fall in place," Chauhan said.

Source: Live Mint
Related Posts: GADAR 2,HINDI-SPEAKING BELT,SINGLE-SCREEN CINEMAS,AUDIENCES RETURNING,BOX OFFICE

Comment on Post

Leave a comment

If you have a News HTS user account, your address will be used to display your profile picture.



Jawan Box Office collection Day 18

Posted By: Preeti Dabar Posted On: Sep 24, 2023
Jawan Box Office collection Day 18: Shah Rukh Khan?s movie raked in ?75 crore on its opening day (Screengrab from YouTube/T-Series)

Shah Rukh Khan, with Jawan, has proven yet again why he is often termed the "King of the Box Office". The film's commercial performance has been nothing short of staggering, amassing a colossal sum of ₹562.13 crore in India itself thus far.

The movie got off to a thundering start, raking in ₹75 crore on its opening day, which fell on Janmashtami 2023, a Thursday. This set the pace for an extraordinarily lucrative Week 1, with the film grossing a jaw-dropping ₹389.88 crore in its first week alone.

Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!

The momentum persisted into the second week, albeit with a slower pace, yet impressive nonetheless. The film garnered an additional ₹136.1 crore during Week 2, clearly showing that the audience's interest hadn't waned.

Also Read: Nayanthara upset with director Atlee

The performance on Day 18, which was a Sunday, deserves a special mention. Projections indicate the film may have pulled in ₹15.69 crore on that day alone. While Sundays typically see a spike in cinema-goers, these figures are commendable so late into the film's run, indicating its sustained immense popularity and positive word of mouth.

To put this into context, very few films in Bollywood history have managed to sustain such commercial prowess several weeks into their release. The film's impressive financial haul thus far is a testament to its strong story, high production values, and, of course, Shah Rukh Khan's indomitable star power. Atlee's directorial prowess, Anirudh's background score and Vijay Sethupathi's impactful performance have been particularly in the limelight after the movie's release.

Also Read: Shah Rukh Khan?s Jawan enters US top 5 in Box Office collection

However, it's not just the domestic audience that has showered their love on Jawan. The film has also been performing well internationally. As of September 22, the movie's worldwide Box Office collection stands at ₹953.97 crore.

Source: Live Mint
Related Posts: JAWAN ADVANCE BOOKING DAY 18,JAWAN DAY 18 ADVANCE BOOKING SACNILK TODAY,JAWAN DAY 18 ADVANCE BOOKING SACNILK,JAWAN BOX OFFICE COLLECTION DAY 18,JAWAN DAY 18 COLLECTION SACNILK

Comment on Post

Leave a comment

If you have a News HTS user account, your address will be used to display your profile picture.



Shah Rukh Khan starrer Jawan Box Office collection to cross ₹530 crore today

Posted By: Ajay Rawat Posted On: Sep 22, 2023
Shah Rukh Khan starrer Jawan has minted ?922.55 crore at the global box office within 15 days of its release.

Jawan Box Office collection Day 15: Shah Rukh Khan's Jawan is set to cross ₹530 crore mark today. According to industry tracker Sacnilk.com, early estimates suggest that the film directed by Atlee collected ₹8.85 crore on September 21, bringing its total to ₹526.78 crore.

In the last two days the collection at Indian Box Office witnessed a slight dip with daily collection falling below ₹10 crore. The film has minted ₹922.55 crore at the global box office within 15 days of its release, according to Sacnilk.com.

Also read: Shah Rukh Khan's Jawan inches towards ?1000 crore worldwide, but Nayanthara upset with director Atlee; here's WHY

Jawan was released in theatres on Janmashtami, September 7 and achieved a record-breaking opening day collection of ₹75 crore in India. It continued to perform exceptionally well, reaching ₹80 crore in a single day on September 10. By the end of its first week, it had already earned ₹389 crore and in the second week it earned ₹136.9 crore.

Also read: Mint is now on Whatsapp Channels. Follow us here for latest dose of markets, news

Jawan has grossed ₹907.54 crore at the worldwide box office, as reported on the film's official Instagram page.

Also read: PM Modi says BJP pushing since ?last 3 decades? to pass Women's Reservation Bill

Shah Rukh Khan's success streak in 2023 continues with two massive hits, Pathaan and Jawan. At Jawan success event, talking about his upcoming release Dunki, he said, "We started on January 26, Republic Day (with Pathaan), then on Janmashtami we released Jawan, now New Year and Christmas are round the corner, we will release Dunki. I keep National integration. Anyway, when my film is released, it is Eid," as reported by HT.

Directed by Atlee, Jawan marked the Hindi film debut of Nayanthara and features Deepika Padukone in an extended cameo, along with Sanjay Dutt in a brief appearance. The film cast includes Priyamani, Sanya Malhotra, Ridhi Dogra, Lehar Khan, Girija Oak and Sanjeeta Bhattacharya.

Source: Live Mint
Related Posts: JAWAN,BOX OFFICE COLLECTION,SHAH RUKH KHAN,ATLEE,NAYANTHARA,VIJAY SETHUPATHI,HINDI FILM,TAMIL FILM,TELUGU FILM,GLOBAL BOX OFFICE,PRESS CONFERENCE,DEEPIKA PADUKONE,SANJAY DUTT

Comment on Post

Leave a comment

If you have a News HTS user account, your address will be used to display your profile picture.



When Thalapathy Vijay Encouraged Atlee To Give His Life To Jawan Published 23 minutes ago

Posted By: Vanshika Pathak Posted On: Sep 21, 2023

Atlee is currently riding high on the success of the Bollywood blockbuster Jawan, starring Shah Rukh Khan and Nayanthara in the lead roles. While the director is well known for his collaborations with South Indian superstar Thalapathy Vijay, he recently opened up about the actor's reaction to him working with King Khan. In an interview with Hindustan Times, the filmmaker shared that the opportunity to work with SRK was like a dream come true moment for him. Atlee shared that initially, even the Master star couldn't believe him, but later, he encouraged the director to pour his heart and soul into the project.

The filmmaker recalled, “When Shah Rukh sir asked me to make a film with him, it was like a lifetime opportunity for any director. I was very happy, I said yes. Then I went to Vijay sir and told him. He said, ‘Are you serious? He came to you?' I said he did. He said, ‘Give your life to it'.”

“I learnt a lot from Khan sir, by being patient, getting everything right, taking the film to the next level. Shah Rukh sir has taught me to raise the bar. My next film will have even better energy and we'll make something bigger than Jawan,” Atlee added.

Further, the director mentioned that initially, he thought of creating a typical romantic film with SRK. However, the superstar expressed his desire to be a part of a project that fit Atlee's unique style and vision. He wanted to explore something different that he hadn't attempted before. This pushed the filmmaker to create a new concept and storyline that would align with his own creative world.

Meanwhile, in an earlier interview with Siddharth Kannan, the Bigil director spoke about the potential collaboration between, Thalapathy Vijay and Shah Rukh Khan and shared that both actors had expressed genuine interest in working together on a project. Initially, Atlee thought they might be saying this as a birthday gift to him. However, the following day, Vijay confirmed his commitment to the project, while Khan, who was present during this conversation, also shared his eagerness to collaborate and asked if they were serious about making a film together.

Jawan is continuing its remarkable run at the global box office, having recently crossed the milestone of Rs 800 Crore in worldwide earnings. In India, the action-packed drama is rapidly approaching the Rs 700 Crore mark, while its overseas collection has collected Rs 295 Crore.

Source: News18
Related Posts: NEWS18-DISCOVER,THALAPATHY VIJAY,ATLEE,JAWAN,SHAH RUKH KHAN,BOX OFFICE,BOLLYWOOD

Comment on Post

Leave a comment

If you have a News HTS user account, your address will be used to display your profile picture.



SRK’s Jawan enters US top 5 in Box Office collection

Posted By: Jaydatt Chaudhary Posted On: Sep 19, 2023
Shah Rukh Khan's Jawan has broken into the US Box Office

In an extraordinary development for Indian cinema, Jawan has found its way into the top 5 movies at the US Box Office for releases in September 2023. The film, distributed by Yash Raj Films USA Inc., was released on September 7 and amassed a total gross of $12,108,639 ( ₹100 crore) in the US. Notably, this feat was achieved in just 826 theatres, far fewer than its Hollywood counterparts, as per Box Office Mojo.

September 2023 was a competitive month at the US Box Office, with The Equalizer 3 leading the pack, earning $73,673,848 ( ₹613 crore). It was followed by The Nun II, which garnered $56,327,738 ( ₹469 crore).

Also Read: Jawan: Shah Rukh Khan and Atlee 'fooled' Deepika Padukone; here's how

Also featured in the list is My Big Fat Greek Wedding 3 at the fourth spot with $18,632,245 ( ₹155 crore). Barbie and Oppenheimer, released on July 21, are still among the top 10 movies in September.

Breaking into this Hollywood-heavy list, Jawan has claimed the fifth position among September releases. Considering the limited number of theatres in which it was shown, the film's per-theatre earnings are quite impressive. This stands as a strong testament to the film's appeal and the growing influence of Indian movies on international audiences.

Jawan Box Office collection Day 12

As per Sacnilk's early estimates, Jawan earned ₹16 crore on Day 12, taking the domestic Box Office collection to ₹493.63 crore. The movie has sold 1.15 lakh tickets for Day 13 and is likely to mint ₹2.22 crore in India on its second Tuesday.

Also Read: Jawan vs Gadar 2 Box Office collection: Who's winning, Shah Rukh Khan or Sunny Deol?

Shah Rukh Khan's latest offering, directed by Atlee, looks likely to get past Sunny Deol's August release, Gadar 2. The sequel has earned ₹520.60 crore in 39 days, as per Sacnilk.

Source: Live Mint
Related Posts: JAWAN BOX OFFICE COLLECTION DAY 13,JAWAN DAY 13 COLLECTION SACNILK,JAWAN 13TH DAY COLLECTION,JAWAN BOX OFFICE COLLECTION SACNILK DAY 13,JAWAN 13TH DAY ADVANCE BOOKING

Comment on Post

Leave a comment

If you have a News HTS user account, your address will be used to display your profile picture.



Jawan vs Gadar 2 Box Office collection

Posted By: Jaydatt Chaudhary Posted On: Sep 16, 2023
Bollywood superstar Shah Rukh Khan, accompanied by film director Atlee Kumar, actor Vijay Sethupathi, leading ladies Deepika Padukone and Sanya Malhotra, and other members of the cast, gathers for a group photo during a press conference celebrating the success of the film 'Jawan' in Mumbai on September 15. (Nitin Lawate)

Jawan vs Gadar 2 Box Office collection: Shah Rukh Khan's Jawan, directed by Atlee, continues to dominate the box office while Gadar 2 starring Sunny Deol and Ameesha Patel, has been experiencing a significant drop in its box office performance.

According to industry tracker Sacnilk, on its thirty-sixth day in theatres, Gadar 2 secured a net earning of ₹44 lakh in India, recording the lowest so far and bringing its total collection in India to ₹517.72 crore.

According to industry tracker Sacnilk, on its ninth day in theatres, "Jawan" has added another ₹21 crore to its domestic nett collection in India, reaching a total of ₹410.49 crore.

Also read: Jawan Box Office collection Day 9: Shah Rukh Khan?s movie achieves another milestone; massive advance booking for Day 10

Jawan which premiered on September 7 achieved a record-breaking opening day collection of ₹75 crore while Sunny Deol's "Gadar 2" raked in ₹40.1 crore on its opening day when it was released on August 11.

“Jawan" secured third position in the list of highest-grossing Hindi films of the year. The top spot is held by SRK's "Pathaan," which amassed ₹543.05 crore following its release in January, while the second spot is occupied by Sunny Deol's "Gadar 2," which has raked in ₹517.06 crore and is still running in theatres. Jawan has so far raked in ₹410.49 crore in India in nine days of its release.

In Week 1, “Gadar 2" earned ₹284.63 crore while "Jawan" earned ₹389.88 crore. Gadar 2 ₹134.47 crore in Week 2, ₹63.35 crore in Week 3, and ₹27.55 crore in Week 4. Even in Week 5, it managed to secure ₹7.28 crore in earnings.

Also read: Jawan press conference: Shah Rukh Khan gets overwhelmed by fans' reactions

"Jawan" has outpaced "Pathaan," which earned ₹364.15 crore in nine days. "Jawan" earned ₹46.34 crore more than “Pathaan" during the same period.

"Gadar 2" is now striving to surpass the lifetime earnings of "Pathaan," which holds the record for the highest-grossing Bollywood film with ₹543.05 crore in domestic net earnings, as reported by Bollywood Hungama. "Gadar 2" is still far away from surpassing “Pathaan".

Source: Live Mint
Related Posts: JAWAN,GADAR 2,SHAH RUKH KHAN,ATLEE,SUNNY DEOL,AMEESHA PATEL,BOLLYWOOD,BOX OFFICE,RECORD-BREAKING,EARNINGS,WORLDWIDE GROSS,BOX OFFICE DOMINANCE.,RED CHILLIES ENTERTAINMENT

Comment on Post

Leave a comment

If you have a News HTS user account, your address will be used to display your profile picture.



Gadar 2 Box Office collection Day 35

Posted By: Pawan George Posted On: Sep 15, 2023
?Gadar 2? faces drop in box office performance with aims to surpass Shah Rukh Khan's 'Pathaan' record faltering.

Gadar 2 box office collection: Gadar 2 starring Sunny Deol and Ameesha Patel, has experienced a significant drop in its box office performance after a remarkable five-week run, especially following the release of "Jawan."

According to industry tracker Sacnilk, on its thirty-fifth day in theaters, Gadar 2 secured a net earning of ₹0.50 crore in India bringing its total collection in India to ₹517.28 crore. Additionally, it recorded a 15.48% occupancy rate for Hindi screenings on Thursday, September 14.

Also read: Sunny Deol's Gadar 2 beats Pathaan, Baahubali 2; becomes fastest film to cross ?450 crore

Film trade analyst Taran Adarsh shared figures of 'Gadar 2' business over the weeks on X (formerly Twitter). He stated that despite facing strong competition from "Jawan," Gadar2 maintained a steady performance throughout its fifth week. In Week 1, it earned ₹284.63 crore, followed by ₹134.47 crore in Week 2, ₹63.35 crore in Week 3, and ₹27.55 crore in Week 4. Even in Week 5, it managed to secure ₹7.28 crore in earnings. Altogether, the film has accumulated a total of ₹517.28 crore in India.

Source: Live Mint
Related Posts: GADAR COLLECTION,GADAR 2 COLLECTION,GADAR 2 MOVIE,GADAR MOVIE,BOX OFFICE COLLECTION,GADAR BOX OFFICE COLLECTION,GADAR 2 BOX OFFICE,BOX OFFICE COLLECTION GADAR 2,GADAR 2 RELEASE

Comment on Post

Leave a comment

If you have a News HTS user account, your address will be used to display your profile picture.



Single-screen cinemas look at long-term survival amid windfall of hits

Posted By: Pawan George Posted On: Sep 13, 2023
Shah Rukh Khan-starrer Jawan had crossed the ?300 crore mark within India alone at last count.

New Delhi: Single-screen theatres in India are heaving a sigh of relief with a recent stream of mass market movies keeping the tills ringing. But they are still looking to expand into multiplexes well aware that such strokes of luck don’t last.

Facing challenges even before covid-19 and struggling ever since the pandemic outbreak, single-screen theatres have been able to attract audiences from small towns thanks to films such as Gadar 2 and Jawan, aided by affordable tickets.

However, cinema owners are conscious that such films and favourable conditions are relatively rare. So, many are actively seeking partnerships to transform their establishments into two or three-screen multiplexes in line with the evolving dynamics of the cinema industry.

“It has been a good comeback for us. However, most single-screen owners are looking to remodel their properties. They have five-year plans to either tie up with builders or explore arrangements with national chains," said Satadeep Saha, director of SSR Cinemas Pvt. Ltd, a West Bengal-based company.

To be sure, the opportunity cost of running these cinemas remains high. Theatre owners admit that mass-market content is rare and will not arrive consistently in the Hindi-speaking belt, unlike in the south. That explains why Saha is already remodelling theatres in his state, working with builders and exploring properties in virgin territories to set up multiplexes.

Yet, there is a positive sentiment among single-screen theatre owners after long. Shah Rukh Khan-starrer Jawan had crossed the ₹300 crore mark within India alone at last count. Meanwhile, Gadar 2, released mid-August, has crossed the ₹515 crore mark at last count, while Pathaan had earned ₹543 crore in January.

“Theatre owners are aware this isn't a year-long phenomenon and are looking to tie up with chains or convert (into two or three-screen multiplexes) in order to sustain," said Ashutosh Agarwal, owner of Star World Cinemas in Uttar Pradesh. Filling up an 800- or 1,000-seater cinema is going to be increasingly impossible, Agarwal said, and the only solution is to split the property into 200-300 seaters and play multiple films at the same time.

“While stars like Shah Rukh Khan or Salman Khan turn older, no new or fresh faces are finding the same kind of draw. Plus, music isn't that great nowadays. These are huge worries for the industry," Agarwal said.

That said, single screen owners find it heartening to see film-makers realize the potential of catering to the lowest common denominator among the audience, and the kind of footfall that small-town audiences can bring when films appeal to their sensibilities. Despite reasonable ticket pricing, these small screens have brought in 35-40% of overall revenues in case of mass-market hits such as Gadar 2, according to theatre owners and trade experts.

“By virtue of their ATP (average ticket price), multiplexes aren't meant for the common man, but only a certain privileged and wealthy class. An overwhelming majority of this country can only afford to single screen cinemas and it makes sense for any film-maker to cater to them instead of the hyper niche. The past few months that have flipped the ratio (in favour of small-town theatres) have been an eye opener," independent exhibitor Akshaye Rathi said. Despite pandemic-induced challenges, at least 90-95% of India's single-screen cinemas have upgraded infrastructure including air-conditioning, projectors and seats, Rathi added.

Source: Live Mint
Related Posts: SHAH RUKH KHAN,JAWAN,GADAR 2,MULTIPLEXES,SINGLE SCREEN THEATRE

Comment on Post

Leave a comment

If you have a News HTS user account, your address will be used to display your profile picture.



Jawan Box Office collection Day 5

Posted By: Preeti Dabar Posted On: Sep 12, 2023
Jawan Box Office collection Day 5: Bollywood actor Shah Rukh Khan has delivered back-to-back blockbusters, Pathaan and Jawan. (PTI Photo/Kunal Patil) (PTI Photo/Kunal Patil)

Jawan Box Office collection Day 5 numbers are in. Shah Rukh Khan’s new movie is proving to be a blockbuster hit. Within just five days of its release, the film has amassed an impressive ₹316.16 crore in India, as per the net collection reports.

The film kicked off with a bang on its first day, earning ₹75 crore. Although the collections experienced a dip on the second day, coming in at ₹53.23 crore, the weekend proved to be extraordinarily successful. The film netted ₹77.83 crore on its third day and peaked at ₹80.1 crore on the first Sunday. Early estimates suggest that the film has pulled in ₹30 crore on its first Monday.

Also Read: If I had a son: Saira Banu opens up about her fondness for Shah Rukh Khan

Despite the weekday drop, Jawan shows no signs of slowing down. According to data regarding Jawan Day 6 advance booking, the film has already earned ₹6.19 crore, as per early estimates. A total of 265,522 tickets have been sold for 18,315 shows, indicating a strong and sustained interest in the film.

The numbers offer a telling story of the film's reception and its potential for a long and prosperous run at the box office. The initial five days have set a high benchmark, not just for Jawan but for the industry as a whole. The sixth day's advance bookings seem to reaffirm the film's appeal, and it remains to be seen how the rest of the week unfolds.

Source: Live Mint
Related Posts: JAWAN BOX OFFICE COLLECTION DAY 6,JAWAN DAY 6 COLLECTION SACNILK,JAWAN MONDAY COLLECTION,JAWAN DAY 6 ADVANCE BOOKING SACNILK,JAWAN BOX OFFICE COLLECTION DAY 5

Comment on Post

Leave a comment

If you have a News HTS user account, your address will be used to display your profile picture.

POPULAR News

icon
Bussiness Petrol and diesel prices In India remained stagnant on Thursday, continuing the year long price stability, that has been seen since May 21 last year, when the previous pan-India revision to fuel rates was carried out. Prices across major cities including New Delhi, Kolkata, Mumbai, Chennai did not r
icon
Bussiness Stocks to Watch: Nifty futures traded 26 points, or 0.13 per cent, higher at 19,816, signaling that Dalal Street was headed for a positive start on Monday. Here's a slew of stocks that will be in focus today for various reasons. Stocks to Watch: Nifty futures traded 26 points, or 0.13 per cent, higher at 1
icon
Bussiness OMG 2, directed by Amit Rai, received a warm welcome from the audience. The film, featuring Pankaj Tripathi, Akshay Kumar, and Yami Gautam, achieved a strong opening at the domestic box office on its first day of release. OMG 2, directed by Amit Rai, received a warm welcome from the audience. The film, f
icon
Bussiness MCX Q1 Results: Multi Commodity Exchange of India (MCX) announced its April-June quarter results for fiscal 2023-24 (Q1FY24) on July 29, reporting a decline of 52.5 per cent in consolidated net profit of ₹19.66 crore, compared to ₹41.46 crore in the corresponding period last year. The operating inc
icon
Bussiness Power trading solutions provider PTC India on Saturday posted a 5.62 per cent year-on-year rise in its consolidated net profit at ₹142.70 crore for the April-June quarter of this fiscal, mainly on the back of higher revenues. Power trading solutions provider PTC India on Saturday posted a 5.62 per ce
icon
Bussiness As the deadline for filing Income Tax Returns (ITR) is just one day away, the department stated that more than 6 crore tax returns have been filed for income earned in the 2022-23 fiscal year as of Sunday evening. A total of 27 lakh ITRs have been received by the income tax department, number which has surp
icon
Bussiness Petrol, and Diesel Prices on August 10: The price of Petrol and Diesel remained constant on Wednesday, August 10 across major cities like New Delhi, Kolkata, Mumbai, and Chennai. The petrol and diesel rates for each day, whether new or constant, are announced at 6 am on the day. These, however, vary fro
icon
Bussiness RBI MPC Meeting 2023 Live Updates: Will Guv Das Hike Repo Rate Or Leave it Unchanged? Updated 1 hour ago
icon
Bussiness LPG Cylinder Rates: Oil marketing companies have cut the price of 19 kg LPG gas cylinders across the country. There has been a reduction of Rs 100 in Delhi. At the same time, a reduction of around Rs 93 has been made in other metros. Now 19 kg cylinder will be available in Delhi for Rs 1680, which was till now a
icon
Bussiness Petrol, and Diesel Prices on July 31: The price of Petrol and Diesel remained constant on Monday, July 31 across major cities like New Delhi, Kolkata, Mumbai, and Chennai. The petrol and diesel rates for each day, whether new or constant, are announced at 6 am on the day. These, however, vary from state t
icon
Bussiness India and Britain could sign a free trade agreement (FTA) this year as both countries have reached consensus on the broad contours of the proposed deal aiming to boost economic growth and jobs, a top Indian trade ministry official said. India and Britain could sign a free trade agreement (FTA) this yea
icon
Bussiness Balrampur Chini Mills posted strong Q1 results on Saturday as their profit jumped a whopping 493% to touch ₹73.5 crore during the quarter ending June 2023. During the same quarter last fiscal, the company posted consolidated net profit of ₹12.38 crore. The revenue of the company rose 28% from ₹1,094.
icon
Bussiness The price of gold marginally dropped on Thursday, with the cost of 1 gram of 22 carat gold declining to ₹5,495 from yesterday's ₹5,505, as per the figures released by Goodreturns. Accordingly, the price of 8 grams of 22 carat gold also decreased to ₹43,960 from the previous figure of ₹44,040, marking a p
icon
Bussiness Reliance Industries Ltd, India's most valuable company, has sought shareholder's approval to give Mukesh Ambani another five-year term as chairman and managing director of the company till 2029 -- a period during which he has opted to draw nil salary.
icon
Bussiness Go First airline, which has been grounded since early May, has announced a further extension of flight cancellations till July 31, the airline announced in a tweet on Sunday. Go First airline, which has been grounded since early May, has announced a further extension of flight cancellations till Jul
icon
Bussiness In order to settle the pending contractual disputes of government and government undertakings, the finance ministry has launched the ‘Vivad se Vishwas II – (Contractual Disputes)' scheme, according to an official statement released on Wednesday. Finance Minister Nirmala Sitharam announced th
icon
Bussiness If you did not link your Permanent Aadhaar Number (PAN) to Aadhaar before June 30, your PAN is now considered inoperative. This means you'll face some problems with your financial activities and taxes. For instance, you won't be able to invest in bank fixed deposits or mutual fund schemes, file income
icon
Bussiness IT electronics refurbishing firm NewJaisa Technologies's initial public offering (IPO) will be open for subscription on Monday, i.e September 25. The company aims to raise ₹39.93 crore through its IPO. The issue will close for subscription on September 27. The company's IPO had opened for anchor investors on Friday. The fresh issue size is of 84,96,000 equity shares at face value of ₹5 each.
icon
Latest News India is currently seeing a surge in cases of acute conjunctivitis or eye flu. It is caused by various factors, such as allergies or infections, resulting in inflammation of the conjunctiva that covers the white part of the eyeball. The incessant rain, humid conditions, and waterlogging are providi
icon
Bussiness The Reserve Bank of India (RBI) has announced the launch of the Pilot Project for Public Tech Platform for Frictionless Credit by Reserve Bank Innovation Hub (RBIH), a wholly-owned subsidiary of the RBI. The Reserve Bank of India (RBI) has announced the launch of the Pilot Project for Public Tech Platform for Frictionless Credit by Reserve Bank Innovation Hub (RBIH), a wholly-owned subsidiary of the RBI.
icon
Bussiness India's foreign exchange reserves jumped $708 million to $602.161 billion for the week ended August 11, the Reserve Bank of India (RBI) said on Friday. This is the first increase in the kitty after declining for three consecutive weeks. In the previous reporting week, the overall reserves had declined $2.417 billion to $601.453 billion.
icon
Entertainment Filmmaker Anurag Kashyap recently gave a glowing review to Karan Johar's directorial comeback Rocky Aur Rani Kii Prem Kahaani. After Anurag revealed he loved, cried and watched the film twice, many users took to the comment section of his post and criticised the film. Responding to them all, Anurag c
icon
World Ukrainian President Volodymyr Zelensky arrived in the Netherlands on Sunday aiming to strengthen his country's air power, a day after a “heinous" Russian missile strike killed seven people and wounded 148 in Chernihiv. Ukrainian President Volodymyr Zelensky arrived in the Netherlands on Sunday aiming to strengthen his country's air power, a day after a “heinous" Russian missile strike killed seven people and wounded 148 in Chernihiv.
icon
Bussiness Gogoro In, a global technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities, today announced a vehicle partnership with Swiggy, India’s leading on-demand convenience delivery platform. Gogoro In, a global technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities, today announced a vehicle partnership with Swiggy, India’s leading on-demand convenience delivery platform.
icon
Latest News NEW DELHI: Union minister Jitendra Singh on Saturday said, BRICS (Brazil, Russia, India, China and South Africa) should continue to hold global significance for being the most populated marketplace, driven by the knowledge, creativity and innovation economy.