International
Imax stocks surge
MUMBAI: Amid reports that Sony Corp. and Walt Disney Co. were eyeing to acquire Imax Corp., the giant-screen exhibitor expressed surprise of its stocks drifting north wards.
Upon asked by the Toronto Stock Exchange to explain recent heavy trading in its stock, including one last Friday when it recorded a high of $32.30, Imax said it “is not aware of any corporate developments to account for this activity.”It added that it does not comment on rumors or speculation, and so would not comment further.
It is reported that Sony may offer $40 per share for the large-format theatre chain, while the Walt Disney Co. was also ready to pay more.In 2009, Imax had denied that it was in acquisition talks with Walt Disney after it became the subject of faux press release issued online.
The most recent takeover speculation swirling round Imax comes on the heels of the exhibitor‘s reaching a number of milestones following a long 70 mm film-to-digital transition and an impressive expansion in 3D exhibition.
Imax, in recent quarters, has pointed to sustained earnings growth from joint revenue-share theatres and re-mastering and releasing Hollywood films in its extra-big format.
International
Russia-India cinematic spectacle Persimmon of My Love set for grand Moscow debut
Hindi cinema style musical revives Indo-Soviet cinema ties for today
MUMBAI: A new chapter in cross-border storytelling is set to unfold as Persimmon of My Love gears up for its premiere in Moscow on 1 April 2026, marking the first large-scale cinematic collaboration between Russia and India in decades.
Positioned as a modern nod to the cultural exchange that once brought Indian classics to Soviet audiences, the film blends Hindi cinema flair with Russian storytelling, aiming to rekindle a long-standing cinematic friendship.
Directed by Marius Weisberg, the musical comedy follows two brothers navigating a lively world of music, family and romance. The lead roles are played by Demis Karibidis and Mikhail Galustyan, with Karibidis also contributing as a screenwriter.
Shot entirely in India, the production leans heavily into Hindi cinema style spectacle. Filming took place across Mumbai studios and the cities of Udaipur and Jodhpur, whose architecture was used to create the fictional setting of Khurmada. A crew of over 350 worked on the project, with large-scale sequences featuring up to 1,000 extras.
The film also brings Indian creative talent into the mix. Dance sequences are choreographed by Jay Kumar, while music by Zurab Matua features songs in both Hindi and Russian, adding to its cross-cultural appeal.
Backed by TNT channel, MyWayStudio and the Russian Cinema Fund, the project reflects a broader push to strengthen cultural ties between the two countries.
With its mix of colour, comedy and cross-border collaboration, Persimmon of My Love is not just a film release but a reminder that cinema, much like music, travels well across borders.
