Thursday, December 26

Tag: Bollywood

Bollywood Actor Ajay Devgn to infuse Rs 600 crore in his multiplex chain NY Cinemas
17May By NitishNo Comments
BUSINESS

Bollywood Actor Ajay Devgn to infuse Rs 600 crore in his multiplex chain NY Cinemas

Bollywood actor Ajay Devgn is planning to invest Rs 600 crore in his multiplex venture NY Cinemas Llp (based on the names of his children Nysa and Yug Devgn) over the next five years. The 50-year-old actor said that he is aiming to open at least 250 screens across the Northern and Western parts of India. Devgn added that the first launch of his multiplex venture is slated in June in Ratlam, Madhya Pradesh. The NY Cinemas will target people who don't have access to modern theatres and live in remote parts of the country, said Ajay Devgn. Although he has not revealed much about the project but said that it will be unlike any other multiplex in the market. Till now, the actor has bought two single-screen theatres in Uttar Pradesh's Hapur and Ghazipur. According to Rajeev Sharma, Chi...
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Online Furniture Startup Furlenco Bags Funding From Bollywood Celeb Aamir Khan
12Dec By PriyankaNo Comments
FUNDING

Online Furniture Startup Furlenco Bags Funding From Bollywood Celeb Aamir Khan

After Amitabh Bachchan, Hrithik Roshan and many others, Aamir Khan has shown interest in startup ecosystem by funding $1.2 million in an online furniture renting startup Furlenco. Bengaluru based furniture renting marketplace, run by Kieraya Furnishing Solutions Pvt Ltd, was founded back in 2011 by Ajith Karimpana, and offers furniture on a subscription based model in Delhi NCR, Bengaluru, Mumbai and Pune. The funiture rental platform has raised $30 million in total equity and debt funding from Lightbox Ventures, Hong Kong-based venture capital fund Axis Capital and others till date. Actors and sports celebrities are often given equity in lieu of being brand ambassadors for that startup, but in this case Aamir Khan will not be the brand ambassador for the company. Bollywood cel...
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Bollywood Makes Way For Hollywood Business in India
19Apr By reutersNo Comments
BUSINESS

Bollywood Makes Way For Hollywood Business in India

When “The Fate of the Furious” opened in India this month, the eighth installment of the blockbuster Hollywood franchise romped past the lone homegrown offering at the Easter weekend box office. Period drama “Begum Jaan” was the only Bollywood film that dared to challenge “The Fast and the Furious” car-racing franchise, unlike other Indian films that steered clear of a possible clash despite the dearth of slots in a crowded 2017 release calendar. “It has come to a stage when producers are actually staying away from April 14,” film-maker Vikramaditya Motwane told Reuters in an interview in March. “No big Hindi film will be released on the day because the last one made a 100 crore ($15.5 million) and this one looks like it will make even more than that.” Motwane’s words proved pr...
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Priyanka Chopra Among World’s Highest Paid Actress, “Secret” Lies in Her Legs
15Sep By VishwadeepakNo Comments
News

Priyanka Chopra Among World’s Highest Paid Actress, “Secret” Lies in Her Legs

Desi girl Priyanka Chopra has once again made all Indian proud of her. World’s most prestigious business magazine Forbes included her name among top 10 highest paid television actresses of the world. While Modern Family star Sofia Vergara is on the top with the earning of around 287 crore in a year, Priyanka Chopra is on 8th  slot. She has earned around 74 crore in a year. According to Forbes, a part from her ABC TV show Quantico fee, she has mostly earned from endorsements. But, there is something very secret about Priyanka’s success which Forbes could not find out. It is her legs. Talking to fashion magazine W, Priyanka Chopra has revealed that it is her legs that can sell 12-15 products in India. 34-year-old  Priyanka said that she learnt to take care of herself and as a res...
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Report: Bollywood revenues may cross Rs 19,300 cr by FY17
4Jan By PriyankaNo Comments
News

Report: Bollywood revenues may cross Rs 19,300 cr by FY17

Mumbai, Jan 4 (PTI) Revenues from Indian Film industry, Bollywood, are likely to cross Rs 19,300 crore by next fiscal, owing to aggressive marketing campaigns, growing contribution from overseas markets and improved quality of movies, says a study. The current estimated size of Bollywood is about Rs 15,500 crore. An increased number of multiplexes and growing digitisation in the industry are also contributing to the rise in revenue. “Box office collections in India that are estimated at over Rs 11,500 crore are likely to cross Rs 14,200 crore mark by 2017 and will account for about 74 per buy cialis online cent of the majority of Bollywood revenues,” said the joint study conducted by Assocham and Deloitte. The industry s revenues from overseas box office collections are like...
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