Read more about Multiplex major PVR opens a new 6-screen property in Karnataka s Mysuru on Business Standard. With this opening, PVR now operates 844 screens at 177 properties in 71 cities
PVR, the country’s largest multiplex operator, will open 40 new screens in financial year 2021-22 (FY22), as the movie exhibition business slowly returns to normalcy after a difficult FY21. The move also comes as Hindi film producers line up big releases between April and December, as pent-up demand for fresh content grows. PVR has also raised Rs 1,100 crore in two rounds in FY21, some of which is expected to be deployed in the new screen additions next year. “The number of new screen launches will certainly go up in FY22. One reason for this being that we had a number of projects in various stages of development before the nationwide lockdown began in March 2020. Around 10 new screens have been launched, since theatres reopened in November. 40 new screens will come up in the next financial year, Sanjeev Kumar Bijli, joint managing director, PVR, said.
‘Human-centred design is now humanity-centred design’ – 25 quotes from India’s COVID-19 struggle
In this compilation, we present thought-provoking quotes from the week of February 22-28 that frame India’s battle with the coronavirus pandemic.
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The pandemic is building a different world filled with complexities yet brimming with opportunities. - Daisy Chittilapilly, Cisco
If 2020 was a year of disruption and transition for businesses, 2021 will be the year of continued evolution. - Nikhil Arora, GoDaddy
As the lockdown restrictions are progressively being eased off and the COVID-19 vaccination drive has kicked off, we are already witnessing early signs of a recovery. - Atul Shinghal, Scripbox
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In the last week of February, YS Weekender had a mixed bag of stories on entrepreneurship, health and fitness, sustainable living, and entertainment. Here s a compilation of all the top stories that you shouldn t miss from the week that was:
Founded in 2016, smoothie brand Drunken Monkey started its journey with just one store in Hyderabad. Five years later, the brand operated more than 100 stores across 43 Indian states. It offers natural fruit smoothies and smoothie bowls, in over 200 combinations. I wanted to make smoothies a cult drink, similar to what Starbucks did to coffee, said Samrat Reddy, Founder and Managing Director of Drunken Monkey, in a conversation with