The merger of PVR and INOX has created a multiplex behemoth with increased bargaining power and organisational/BS strength that would drive further share gains, enable investments in new growth areas, and potentially alter industry dynamics. The management has guided for annual synergies of Rs 225 crore in the next 12-24 months, suggesting a 15-17% upgrade […]
A PIL has been filed in the Supreme Court, seeking the prosecution of short seller Nathan Anderson of US-based firm Hindenburg Research and his associates in India and the US, for allegedly exploiting innocent investors and the “artificial crashing” of the Adani Group‘s stock value in the market. Hindenburg engages in activist short selling, which […]
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