Hindi
Shree Ashtavinayak plans to raise $150 mn in tough conditions
MUMBAI: Film production and distribution company Shree Ashtavinayak Cine Vision is planning to raise up to $150 million (Rs 7.21 billion).
The board has approved the fund-raising plan and is considering various routes including GDR (global depository receipts), ADR (American Depository Receipts) and FCCBs (Foreign Currency Convertible Bonds).
The funding will be mainly towards film production. The company plans to make five films a year for the next three years. The company is set to release Blue, a mega budget movie, in mid-October.
Analysts say the raising of $150 million will be very tough as the market cap of the company will not support it. “The amount to be raised will be significantly lower than this. The company has only taken an enabling resolution for raising up to $150 million,” an analyst at a brokering firm points out.
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.
