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BMC entertainment tax proposal likely to marginally increase ticket prices by Rs 5-10
Mumbai movie tickets could become Rs 5-10 more expensive if the BMC raises its per-show entertainment tax from Rs 60 to Rs 400. Exhibitors and producers say the fixed levy would reduce box-office revenue available for sharing, with the impact becoming sharper for poorly attended shows and potentially adding pressure to an industry still recovering from weak footfalls.
Media, entertainment sector likely to see better growth in Q3FY27 on festive spending, content pipeline: Nuvama
he media and entertainment sector is likely to see an improvement in spending and growth momentum in the December quarter, supported by a late Diwali, a stronger content pipeline and improving monetisation across digital, subscription and sports segments, Nuvama Research said in its October 1 sector preview.
As India and China repair ties, a Tibet film tells the story of a forgotten resistance
A new Tibetan historical drama, Four Rivers Six Ranges, is bringing renewed attention to Tibet’s resistance movement and the exile community’s efforts to preserve its history. The film, shot partly in Nepal’s Mustang region, follows fighters who aided the Dalai Lama’s 1959 escape and arrives as Tibet’s political future faces uncertainty over the Dalai Lama’s succession and evolving India-China ties.
Eventions SME IPO to open on Sep 30; seeks to raise Rs 38.12 cr
Eventions IPO aims to strengthen financial stability, support working capital, and pay off debt. Funds from the IPO will also help invest in a subsidiary and address general corporate purposes. Eventions reported growth in total income and profit after tax over the past three years.
Amazon ramps up Ashray centres and vans for gig workers ahead of festival season
Adds 50 more to the existing centres taking the total to 200 across India, to add 50 more by year end
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