Read more about Who is Rupert Murdoch? CNN and New York Times plan documentary series on Business Standard. Murdoch, who turns 90 this week, has been an irresistible subject for political reporters and members of the media for decades
In terms of resolution planKesoram Industries announced that the fund raising committee of the board of the company in terms of the resolution plan, at its meeting held on 08 March 2021, has approved the allotment of the following securities of the company on preferential basis through private placement to the existing lenders in part conversion of their existing debt -
1) 2,22,21,262 fully paid-up Equity Shares having a
face value of Rs. 10 at a conversion price of Rs. 65 including a premium of Rs. 55 aggregating to Rs. 1,44,43,82,030 to the existing lenders.
2) 4,48,97,195 fully paid up Zero Coupon Optionally
Convertible Redeemable Preference Shares (OCRPS) having face value of Rs. 100 aggregating to Rs. 4,48,97,19,500 issued to the
Read more about Govt proposes to hike in LIC s authorised capital to Rs 25,000 cr on Business Standard. The government has proposed to significantly increase the authorised capital of Life Insurance Corporation of India (LIC)
Read more about Indiabulls Housing tumbles over 7% in two days on Business Standard. Indiabulls Housing Finance slumped 5.63% to Rs 229.70, declining for the second session.
The multiplex chain operator announced the launch of its 6-screen property in Forum Centre City Mall, Mysuru on Friday, 5 March 2021.
The new PVR property features advanced cinematic technological solutions to offer a holistic movie-going experience to the patrons in the region. The new multiplex also brings in new-age technologies in a modern aesthetic avatar. PVR Cinemas with this launch, strengthens its presence in Karnataka with 109 screens in 16 properties and 292 screens across 47 properties in South.
The new PVR Cinemas spreads across an area of 32,240 sq feet and can accommodate a total of 1,078 audiences. PVR Forum Centre City Mall is set to offer the best and the latest in-cinema experience with next gen 3D viewing and 4K projection system in all auditoriums. Additionally, the property is integrated with modern in-cinema features like Dolby ATMOS sound, plush recliner seats and a scrumptious menu.