Logo


Cinepolis takes remaining DT Cinema screens

The screens were sold for Rs 63.7 crore; deal is subject to approval from Competition Commission of India

Carnival Cinemas partners with Zicom to provide electronic security to moviegoers

ThesevenscreensstillwithDLF'scinemachain,DTCinemas,havebeenacquiredbyMexicanmultiplexchainCinepolis. DLFdisclosedinafilingontheBSEexchangethatthescreensweresoldforRs63.7crore.ThedealissubjecttoapprovalfromtheCompetitionCommissionofIndia(CCI). ThepropertiesinquestionareinSouthDelhi--sixscreensinthelocalityofSaketandoneinGreaterKailash-II.DLFhas,thus,exitedthecinemaexhibitionbusiness.Thecompanyusedtooperate39screensandhadinitiallysignedanagreementwithAjayBijli'sPVRCinemasforthe ...