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BIG Cinemas, Cinepolis in talks for alliance
The Mexico-headquartered Cinepolis, the world’s fifth largest multiplex operator with over 2,500 screens, is in talks with the Anil Ambani-promoted BIG Cinemas for a strategic alliance. The alliance may entail buying a stake in some of BIG Cinemas’ screens. BIG Cinemas is the exhibition arm of Reliance MediaWorks (RMW), which also has a presence in film services, including motion picture

Looking back in Sanity

For several months, Lalit Modi’s Twitter account had been silent. This was unusual, because Modi used to be an unstoppable tweeter; one intemperate tweet had even caused him legal trouble.

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Majority shareholder or sovereign authority?

When the government of India issued a presidential directive to Coal India Ltd asking it to abide by a decision made by the Prime Minister’s Office, it exercised its right as a majority

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Coal India ordered to sign fuel supply pact with power firms
The government Tuesday ordered Coal India to sign fuel supply agreements (FSAs) with power producers committing at least 80 percent assured supply.

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Court for prosecution of RIL, 3 officials in OSA case

A Delhi court has allowed criminal prosecution of the Reliance Industries Ltd and its three senior officials for illegally possessing secret documents pertaining to cabinet meetings on economic

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Presidential directive to Coal India today

The government is likely to issue a presidential directive to Coal India (CIL) on fuel supply pacts tomorrow. This would force the state-owned miner to sign fuel supply agreements (FSAs) with power

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