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INOX Leisure Announces Q3 'FY21 Financial Results


INOX Leisure Announces Q3 FY21 Financial Results
Posted On:
2021-02-03 05:51:43
(Time Zone: Arizona, USA)
INOX Leisure Ltd (INOX) reported financials for the third quarter ending 31st December 2020. The results were taken on record by the Board of Directors today. The 3rd Quarter saw the partial resumption of cinema operations after a prolonged COVID induced lockdown for more than 7 months. The impact of seating restrictions to 50% and lack of fresh content showed a visible impact in the Company s performance, with Revenues reported at Rs 21 Cr, EBITDA at Rs (79) Cr and PAT at Rs (83) Cr .
Highlights for Qtr 3 ended on 31th December 2020 ....

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Post Tandav Controversy, I&B To Set Guidelines For OTT Platforms


Post Tandav Controversy, I&B To Set Guidelines For OTT Platforms
Jan 31, 2021, 16:18 IST
Following the controversy and chaos caused by the recently released political series, ‘Tandav,’ the Information & Broadcasting Ministry was confirmed to be planning certain guidelines for all OTT platforms.
Information and Broadcasting Union Minister Prakash Javadekar announced a while ago that these guidelines for all the OTT platforms will be released soon. He said that the ministry had received a lot of complaints and many web series are under fire.
The minister explained that these online series and movies do not have any rules or act regulating the content. The platforms freely go about making the shows. But now the ministry will come up with necessary guidelines that these OTT platforms will have to follow. ....

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