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Business Upturn
19 hours ago
- Business
- Business Upturn
PVR shares in focus today as Karnataka government caps movie ticket prices at Rs 200
Shares of multiplex operators including PVR are in focus today after the Karnataka government issued a notification capping the maximum price of movie tickets across all theatres in the state, including multiplexes, at Rs 200 per ticket (inclusive of entertainment tax). According to the draft amendment to the Karnataka Cinemas (Regulation) Rules, 2014, published by the Karnataka Government Secretariat on 15 July 2025, the government proposes to amend Rule 55 by inserting a proviso that explicitly limits the cost of each show ticket to Rs 200 for all language films. The notification further mentions the omission of Rule 146 from the existing rules and invites objections and suggestions from the public within 15 days of the publication of the draft in the Official Gazette. This move is expected to impact the revenue and pricing flexibility of multiplex chains like PVR and INOX in Karnataka, which typically charge premium rates for weekend and prime-time shows. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
NDTV
a day ago
- Entertainment
- NDTV
Karnataka Issues Draft Notification To Cap Movie Ticket Prices At Rs 200
Bengaluru: The Karnataka government on Tuesday issued a draft notification proposing amendments to the Karnataka Cinemas (Regulation) Rules, 2014, introducing a cap on cinema ticket prices across the state. The draft rules set a maximum ticket price of Rs 200 per show, inclusive of entertainment tax, for all films and theatres regardless of whether they are multiplexes or not, regardless of the film's language. The proposal comes under the Karnataka Cinemas (Regulation) (Amendment) Rules, 2025, and was released by the Home Department in exercise of the powers conferred under Section 19 of the Karnataka Cinemas (Regulation) Act, 1964. As per procedure, the draft is being published for public input, and any objections or suggestions are invited within fifteen days from the date of publication in the Official Gazette. "In rule 55, in sub-rule (6), the following proviso shall be inserted... 'Provided that the cost of the ticket of each show in all theatres of the state, including multiplexes, for all language films shall not exceed Rs . 200 inclusive of entertainment tax," the draft notification read. Additionally, the proposed amendment includes the omission of Rule 146 from the existing 2014 rules. "In the said rules, rule 146 and the entries relating thereto shall be omitted," it said.
The Hindu
a day ago
- Entertainment
- The Hindu
Karnataka issues draft notification on capping cinema ticket prices at ₹200
The State government on Tuesday issued a draft notification on capping cinema ticket prices at ₹200. This applies to each show in all theatres of the State, including multiplexes for all language films, inclusive of entertainment tax, said the draft. The draft notification has been issued amending the Karnataka Cinemas (Regulation) Rules, 2014. The new rules will be called the Karnataka Cinemas (Regulation) (Amendment) Rules, 2025. The government has given a notice of 15 days to those likely to be affected by this notification. The draft will be taken into consideration after 15 days from the date of its publication in the Official Gazette, the notification stated. 'Objections and suggestions should be addressed to the Additional Chief Secretary to government, Home Department, Vidhana Soudha, Bengaluru - 560 001,' the notification stated. Budget promise While discussion on capping cinema ticket prices has been going on for long, Chief Minister Siddaramaiah had in the Budget for 2025-26 announced that the cost of the ticket of each show in all theatres of the State, including multiplexes, would be capped at ₹200. The Congress government during its previous regime had announced in the 2017-18 Budget that uniform ticket prices would be fixed in all cinemas. A Government Order was also issued on May 11, 2018. However, the order was withdrawn following a court stay. In this year's Budget, the Chief Minister also announced that the State would develop a multiplex movie theatre complex under Public Private Partnership (PPP) on 2.5-acre land owned by the Karnataka Film Academy at Nandini Layout in Bengaluru. An OTT platform would also be created by the State government to promote Kannada movies, he had said. He had also announced that the cinema sector would be given the status of an industry and the facilities provided under the Industrial Policy would be extended to the cinema industry by the State government.
Observer
3 days ago
- Politics
- Observer
Visa exemption to Russia: What Oman citizens should follow?
Muscat: The Ministry of Foreign Affairs has citizens travelling to the Russian Federation from July 18, after the mutual visa exemption agreement comes into effect, to follow certain procedures. Citizens should obtain a visa if their entry is before the date of entry into force of the aforementioned agreement, which is July 18. The passport must be valid for at least six months. The period of stay must not exceed 30 days on each visit, and the total period of stay must not exceed 90 days during the calendar year. Those wishing to stay for more than 30 days on a single visit must obtain a visa under the laws of the host country. The purpose of the visit must not be permanent residence, study, or activities requiring a work permit Agreement details As per the Royal Decree published in Official Gazette 1599 issued on June 10, 2025, the Government of the Sultanate of Oman and the Government of the Russian Federation agreed on Mutual Visa Exemption to facilitate mutual visits between citizens of both countries. As per the agreement, an ordinary passport issued by the competent authorities in both countries should be valid for at least six months, Article 2: Each Party grants citizens of the other Party the right to enter, transit through, and exit its territory without a visa requirement. Each Party grants citizens of the other Party the right to stay in its territory for 30 days per visit without a visa requirement, provided that the total duration of stay does not exceed 90 days during a calendar year. If citizens of one Party are unable to leave the territory of the other party within the period specified in paragraph 2 of Article 2 of this Agreement due to force majeure, they must submit a request to the competent authorities to extend their stay in the territory of that party, accompanied by supporting documents and justifications. If the documents and justifications submitted are sufficient, the competent authorities shall grant these citizens an extension of stay for the period necessary for their return to the country of their nationality or the country in which they permanently reside, free of charge. Citizens of either Party who benefit from the visa exemptions provided for in this Agreement shall enter the territory of the other Party through border crossing points designated by that Party for international passenger traffic. Article 6 1. If the passport of a citizen of either Party is lost or damaged while in the territory of the other Party, the following authorities shall be notified immediately: (a) The competent authorities of the Party in whose territory the passport was lost or damaged. (b) The diplomatic or consular mission of the Party of which he is a national. 2. The diplomatic or consular mission of the Party of which the national referred to in paragraph 1 of this Article is a national shall issue a temporary travel document to that national, certifying his identity and granting him the right to return to the Party of which he is a national. 3. The Party in whose territory the passport was lost or damaged shall grant the national a temporary travel document issued under paragraph 2, the right to leave the territory of that Party without a visa. Article 7 Each Party has the right to refuse entry to its territory to any citizen of the other Party, or to reduce the duration of his or her stay, if it deems that such citizen's presence in its territory is undesirable. Article 8 Citizens of either Party must respect the laws of the other Party during their stay in its territory.
Dubai Eye
4 days ago
- Business
- Dubai Eye
H.H. Sheikh Mohammed issues law regulating contracting activities in Dubai
In a major step to enhance regulation in Dubai's construction sector, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has issued a new law governing contracting activities across the emirate. Law No. (7) of 2025 introduces a unified framework for contractor classification, oversight, and accountability—aiming to support sustainable growth and align with Dubai's long-term development plans and international best practices. A key feature of the law is the creation of the Contracting Activities Regulation and Development Committee. Chaired by a representative of Dubai Municipality and made up of representatives from relevant authorities, the committee will oversee the law's implementation, resolve disputes, and propose future policy changes for the sector. The law applies to all contractors in Dubai, including those operating in free zones. Airport-related projects are exempt, as are any other activities specified by the Executive Council. Dubai Municipality will launch an integrated electronic system to manage all contracting activities. This platform, linked to 'Invest in Dubai', will serve as the central registry and issue professional competency certificates. Contractors must now adhere strictly to their approved classifications and cannot subcontract work or exceed capacity without prior approval. Penalties for violating the provisions of the law or any related decisions include fines ranging from AED 1,000 to AED 100,000. Repeat violations within a year may result in doubled fines, up to a maximum of AED 200,000, while additional actions may include suspension from contracting activities for up to one year, downgrading of classification, removal from the registry, cancellation of commercial licences, and suspension or de-registration of technical staff and revocation of their professional certificates. All contractors operating in Dubai at the time the law comes into force are required to regularise their status within a year. This period may be extended by the Committee for another year if necessary. Contractors whose registration expires during this period will be allowed to renew it upon submitting a declaration pledging to comply with the law's provisions within the given timeframe. The law will come into force six months after it is published in the Official Gazette. — Dubai Media Office (@DXBMediaOffice) July 12, 2025
