Hindi
Pyramid Saimira to demerge production and distribution subsidiaries
MUMBAI: Chennai-based movie production, distribution and exhibition company Pyramid Saimira Theatre Ltd (PSTL) has decided to demerge its distribution and production subsidiaries from the parent company.
Analysts see the demerger as a step towards listing both the distribution and the production companies.
PSTL MD PS Saminathan had earlier told Indiantelevision.com that the production company would be listed.
PSTL houses its distribution business under Pyramid Saimira Content Distribution while production falls under Pyramid Saimira Production International Ltd. (production wing) from the parent company.”
Pyramid Saimira said today the demerger is subject to necessary approvals.
PSTL board today also approved the raising of up to $100 million through international offering of securities including Foreign Currency Convertible Bonds (FCCBs), Global Depositary Receipts (GDRs), American Depositary Receipts (ADRs).
PSTL has been facing serious liquidity crunch and has exited from the gaming business by selling its UK gaming subsidiary Aurona Technologies.
The company had earlier announced that due to huge business loses, the company suffered working capital erosion.
Hindi
Dhurandhar the revenge storms past Rs 1,000 crore in a week, rewrites box office records
Aditya Dhar’s spy thriller sets fastest run to Rs 1,000 crore with record-breaking weekday hold
MUMBAI: The box office has a new juggernaut—and it is moving at breakneck speed. Dhurandhar the revenge has smashed past the Rs 1,000 crore mark worldwide in just a week, clocking a staggering Rs 1,088 crore and resetting the rules of the blockbuster game.
Backed by Jio Studios and B62 Studios, and directed by Aditya Dhar, the spy action sequel opened to the biggest weekend ever for an Indian film globally—and then refused to slow down. Unlike typical tentpole releases that taper off after Sunday, this one powered through the weekdays with rare muscle, posting Rs 64 crore on Monday, Rs 58 crore on Tuesday, Rs 49 crore on Wednesday and Rs 53 crore on Thursday.
The numbers stack up to a formidable first-week haul. India collections stand at Rs 690 crore nett and Rs 814 crore gross, while overseas markets have chipped in Rs 274 crore, taking the worldwide total to Rs 1,088 crore in just eight days.
The film’s opening weekend alone delivered Rs 466 crore, laying the foundation for what is now being billed as the fastest climb to the Rs 1,000 crore club in Indian cinema. Every single day of its first week has set fresh benchmarks, from the highest opening weekend to the strongest weekday hold—metrics that typically separate hits from phenomena.
A sequel to the earlier hit Dhurandhar, the film has not just built on its predecessor’s momentum but obliterated previous records, emerging as the biggest global blockbuster run by an Indian film to date.
At this pace, the film is not merely riding a wave—it is creating one.
