Hindi
Times Group likely to take 10% in K Sera Sera
MUMBAI: Bennett Coleman & Co. Ltd, the company that owns The Times of India Group, is mulling a 10 per cent stake in K Sera Sera Productions Ltd, a film production company.
K Sera Sera will be issuing convertible warrants to BCCL. “BCCL has in-principle agreed to subscribe to the warrants of the company, amounting to up to 10 per cent equity. The investment could be to the tune of Rs 100 million,” K Sera Sera managing director Sanjay Lai tells Indiantelevision.com.
K Sera Sera board will meet on 7 September to consider and approve the proposal. The BCCL investment could substantially shore up investor interest in K Sera Sera as the movie company is working on a revival plan.
Indiantelevision.com was the first to report that K Sera Sera had plans to raise Rs 1 billion through a global depositary receipt (GDR) offering. The company has lined up a slate of 10 movies and will be investing Rs 1 billion towards this.
In an earlier GDR, the original promoters of K Sera Sera had exited. The GDR holders have 57.90 per cent stake in the company, while 41.32 per cent is with the public.
K Sera Sera has announced plans to bid for an IPL (Indian Premier League) team. “We are studying the process of bidding and are interested to own an IPL team. Funding is not a constraint,” says Lai.
IPL chairman Lalit Modi had stated that an IPL team would cost between $250-300 million. It remains to be seen how K Sera Sera can find the resources to get into the big league of cricket.
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.
