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Top News In பவிர் வரையறுக்கப்பட்டவை Today - Breaking & Trending Today

Stocks in the news: Adani Power, Mphasis, PVR, Muthoot Finance, Cipla and NMDC


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Nifty futures on the Singapore Exchange traded 161 points, or 1.08 per cent, higher at 15,114.50 in signs that Dalal Street was headed for a gap-up start on Monday. Here are a few stocks which may buzz the most in today s trade:
Adani Power: The company has made a Rs 2,600-crore offer to acquire Essar Power MP under the Insolvency and Bankruptcy Code (IBC) rules, according to multiple sources.
Mphasis: Negotiations between Blackstone Group and Carlyle for the biggest technology takeover in India have hit a bump as Mphasis share price continues to soar, people involved in the matter said.
PVR: Multiplex major ....

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PVR launches 6-screen multiplex in Mysuru


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. ....

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Multiplex major PVR plans mega release, set to launch 40 screens in FY22


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. ....

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