MAM
Multiplex association says no order from govt about allowing outside food in theatre
MUMBAI: A relief has been granted to cine-goers when a Maharashtra minister stated in the state assembly on Friday that there is no ban on people carrying outside food into cinema theatres.
Opposition in the legislative council Dhananjay Munde also raised the issue of exorbitant rates at multiplexes. Snacks at multiplexes are sold at a premium, significantly over the MRP. The legislation was likely to be enacted from 1 August and hence cinema multiplexes in the state may not be able to overcharge you for a tub of popcorn or a glass of cola, nor can they stop you from bringing in food from outside.
Minister of state for food and civil supplies, Ravindra Chavan, replied saying the centre was readying a law to ensure food cannot be sold at different prices at different places. “There is no prohibition on taking outside food into multiplexes. The state home department is coming up with a policy to deal with this issue,” he said.
Multiplex Association of India (MAI) clarified that none of the multiplex cinema theatres operated by any of the members have received any order, notification or communication to this effect from the government of Maharashtra or any other regulatory authority. Hence they are not aware of any decision to this effect, if taken by the government.
MAI president Deepak Asher said, “Since the matter is currently sub-judice, and since we have no other formal communication from any regulatory authority, we would not like to comment any further on the matter.
A PIL (L) No 82 of 2017 (Jainendra Baxi vs State of Maharashtra) on a similar matter was filed before the Bombay High Court in which the MAI had joined in as a party. At the last hearing, the High Court granted the government pleader further time to seek instructions and file an affidavit regarding its stand on the matter. The above-mentioned petition is pending and is scheduled to be heard on 25 July 2018.
MAM
Eric Swider exits Trump Media board as leadership reshuffle continues
Key architect of Trump Media’s public listing steps down as board reshapes
SARASOTA: Eric Swider has stepped down from the board of Trump Media & Technology Group, marking a notable leadership shift at the parent company of Truth Social during a period of strategic and market uncertainty.
Swider’s resignation, effective Friday, April 10, 2026, was disclosed in regulatory filings. The company clarified that the move was not linked to any disagreement over its operations, policies or practices, signalling an orderly exit rather than a fallout.
His departure follows closely on the heels of Robert Lighthizer, who exited the board in March, pointing to a broader reshuffle within TMTG’s leadership ranks over recent months.
Swider played a central role in the company’s journey to public markets. As chief executive of Digital World Acquisition Corp, the special purpose acquisition company that merged with TMTG, he helped steer the high-profile deal through regulatory scrutiny from the U.S. Securities and Exchange Commission and other legal hurdles. The merger was eventually completed in March 2024, securing TMTG’s listing after a prolonged and closely watched process.
Beyond the boardroom, Swider also drew attention for his personal stake in the company. In mid-2025, he sold roughly 90 per cent of his holdings, reportedly netting around $4.4 million before taxes, a move that came amid heightened investor interest in the stock.
With Swider’s exit, the current board continues to feature prominent figures including chief executive Devin Nunes, alongside Donald Trump Jr. and David Bernhardt.
The leadership changes come at a time when DJT has been experiencing volatility. As of April 2026, the stock has been trading in the $9 to $10 range, a marked decline from its post-merger highs. Investors are weighing the company’s evolving strategy, including its pivot towards nuclear fusion initiatives, alongside the ongoing challenge of scaling its core platform, Truth Social.
Swider’s exit closes a key chapter in TMTG’s public market story. As the company recalibrates its leadership and strategy, the focus now shifts to whether it can steady investor confidence and translate ambition into sustainable growth.
