PVR Inox Shares Fall Nearly 2% As Karnataka Proposes Movie Ticket Price Cap At Rs 200

What’s the Context?

In his 16th state budget speech on March 8, Karnataka Chief Minister Siddaramaiah announced that the state would put a ceiling of Rs 200 on cinema hall tickets, including multiplexes, for all language films. This move is aimed at making cinema more affordable for audiences in the state.

Sreenivasulu Malkari

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