Hindi

Inox to acquire Calcutta Cine Pvt Ltd

Published

20 years ago

June 24, 2006

MUMBAI: Leading multiplex operator Inox Leisure Limited is acquiring Calcutta Cinema Private Limited (CCPL) in an all-share-swap deal. This will allow Inox to get a firm foothold in West Bengal, adding up to its presence in Kolkata.

CCPL, which runs its business under the brand 89 Cinemas, plans to commence its second three-screen multiplex at Durgapur in West Bengal within 15 days. The company also runs a four-screen multiplex at Swabhumi in Kolkata.

The two companies are in the process of appointing an independent valuer. “We have agreed that the valuation will be on the basis of a discounted cash flow model over five years. CCPL is merging its operations with Inox,” says Inox Leisure Limited director Deepak Asher.

CCPL will have 8-10 properties over the next two years. “We will be able to enhance our pan-India presence in movie exhibition by gaining a strong foothold in West Bengal,” says Asher. Inox presently operates two multiplexes in Kolkatta (Elgin Road and Salt Lake) and one in Darjeeling (Laden La Road).

Inox also plans to open new multiplexes in Diamond City, Jessore Road with five screens and at Kharagpur with four screens. The agreement with CCPL will take Inox’s tally of multiplexes in West Bengal and Assam up to 13.In addition, CCPL has tied up properties for building and operating six other multiplexes in West Bengal and Assam. CCPL also has an understanding with Bengal Ambuja Housing Development Limited (Bengal Ambuja) – a leading real estate developer in East India – which gives CCPL preferential access as the preferred multiplex operator to all properties being developed by Bengal Ambuja.

According to the press release, Inox also plans to expand its network with new multiplexes in Hyderabad, Chennai, Jodhpur, Lucknow, Raipur, Kolkata and Bangalore. In addition, Inox also has a strategic alliance with the Pantaloon Group of Companies which provides it with preferential access, as a multiplex operator, to all real estate developments which the Pantaloon Group of Companies and funds managed by it, are developing or otherwise associated with.

“89 Cinemas is an emerging multiplex chain with a strong regional focus in Eastern India. The proposed merger will enable Inox to build a very strong presence in the region and the inorganic growth opportunity will create great value for Inox shareholders,” Asher says.

CCPL CEO Debashis Ghosal commented, “We believe that the proposed merger with Inox – India’s most profitable multiplex chain – will create tremendous value for CCPL shareholders, enabling them to partake in the value creation by Inox, as well as enable Inox to build a formidable presence in Eastern India”.

The proposed merger is subject to due diligence, final approval by Shareholders, Creditors and the High Court. Enam Financial Consultants Pvt. Ltd. is acting as Advisor to this Transaction., “We are delighted to have acted as Advisors to this transaction. We think the proposed merger is a great fit with Inox’s national footprint and 89 Cinemas strength in the eastern region. The proposed merger perhaps marks the beginning of the consolidation phase in the multiplex industry,” says Salil Pitale of Enam

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Hindi

Prime Video to stream Don’t Be Shy, produced by Alia Bhatt

Published

6 days ago

January 30, 2026

indiantelevision.com Team

MUMBAI: Prime Video has found its next feel-good original, and it comes with a healthy dose of heart, humour and youthful chaos. The streaming platform has announced Don’t Be Shy, a coming-of-age romantic comedy produced by Alia Bhatt and Shaheen Bhatt under their banner, Eternal Sunshine Productions.

Written and directed by Sreeti Mukerji, the film follows Shyamili ‘Shy’ Das, a 20-year-old who believes her life is neatly mapped out until it suddenly is not. What follows is a relatable tumble through friendship, love and the awkward art of growing up, when plans unravel and certainty gives way to self-discovery.

The project is co-produced by Grishma Shah and Vikesh Bhutani, with music composed by Ram Sampath, adding to the film’s promise of warmth and energy. Prime Video describes the story as light-hearted yet emotionally grounded, with a strong female-led narrative at its core.

Prime Video India director and head of originals Nikhil Madhok, said the platform was delighted to collaborate with Eternal Sunshine on a story that blends sincerity with humour. He noted that the film’s fresh writing, earnest characters and infectious music make it an easy, engaging watch for audiences well beyond its young adult setting.

For Alia Bhatt, Don’t Be Shy reflects the kind of storytelling Eternal Sunshine set out to champion. She said the film stood out for its honesty, its coming-of-age perspective and Mukerji’s passion, which she felt was deeply woven into the narrative. Bhatt also praised Prime Video for supporting distinctive voices and bold creative choices.

With its breezy tone and familiar emotional beats, Don’t Be Shy aims to charm viewers whether they are rom-com regulars or simply in the mood for a warm, unpretentious story about life refusing to stick to the plan.

Hindi

Tips Films reports Rs 286.87 lakh quarterly loss in Q3 FY26

Published

1 week ago

January 27, 2026

indiantelevision.com Team

MUMBAI: Tips Films struggled to find its rhythm in the final quarter of 2025, as a spike in production costs and a new regulatory burden pushed the Mumbai-based outfit deeper into the red. According to results released on Tuesday, January 27, 2026, the company posted a net loss of Rs 286.87 lakh for the quarter ended 31 December, despite a modest bump in total income to Rs 456.29 lakh.

The bottom line was hit by the introduction of India’s New Labour Codes, which forced a Rs 37.37 lakh catch-up payment for employee benefits. Production costs also proved a heavy lift, gobbling up Rs 318.48 lakh during the period. On a nine-month basis, the picture looks even bleaker; the company has racked up losses of Rs 1,237.61 lakh, a sharp reversal from the Rs 1,269.17 lakh profit it managed in the same period last year.

Investors will be looking for a script change as the company enters the final stretch of the financial year, with basic earnings per share now languishing at minus Rs 6.64. For now, Tips Films remains a single-segment player, pinning its hopes entirely on the volatile world of film production and distribution.

Hindi

Tere Ishk Mein row: Eros sues Aanand L Rai over Raanjhanaa rights

Published

2 weeks ago

January 19, 2026

indiantelevision.com Team

MUMBAI: Eros International Media Ltd has moved the Bombay high court against filmmaker Aanand L Rai and his production banner Colour Yellow Media Entertainment LLP, alleging unauthorised exploitation of the intellectual property of its 2013 blockbuster Raanjhanaa in the promotion and release of the 2025 film Tere Ishk Mein.

The studio is seeking damages of Rs 84 crore, claiming losses arising from what it describes as unlawful capitalisation on Raanjhanaa’s goodwill. According to a report in The Times of India, Eros has filed a commercial intellectual property suit along with an interim application, alleging trademark infringement, copyright infringement and passing off.

Eros contends that Tere Ishk Mein was deliberately marketed as a “spiritual sequel” to Raanjhanaa without authorisation. The suit names Aanand L Rai, Colour Yellow Media Entertainment LLP and Colour Yellow Productions, along with Super Cassettes Industries (T-Series), writer Himanshu Sharma and Netflix Entertainment Services India LLP, turning the dispute into a multi-party legal battle.

In its filing, Eros asserts that it is the producer and exclusive owner of all intellectual property rights in Raanjhanaa, including copyright, registered trademark rights, character rights in Kundan Shankar and Murari, and remake, prequel and sequel rights. The company alleges these rights were exploited while promoting Tere Ishk Mein, which released theatrically on November 28, 2025.

The legal action was triggered by a teaser released online in July 2025, which Eros claims used phrases such as “From the world of Raanjhanaa” and hashtags including #WorldOfRaanjhanaa. The interim application further alleges unauthorised use of footage, background score and music from Raanjhanaa, despite Eros no longer holding the film’s music rights.

Directed by Aanand L Rai, Tere Ishk Mein stars Dhanush, Kriti Sanon, Priyanshu Painyuli, Prakash Raj and Tota Roy Chowdhury. Neither Eros nor the defendants have issued an official statement so far.