<ul><li>"<keyword id="55706" type="General" weightage="100" keywordseo="ram-setu" source="Orion">Ram Setu</keyword>" is presented by <keyword id="2189512" type="General" weightage="50" keywordseo="prime-video" source="Orion">Prime Video</keyword> in association with Cape of Good Films and Lyca Productions .</li><li>According to a statement issued by the makers on Wednesday, "Ram Setu" opened at ₹ 15.25 crore.</li><li><keyword id="904758" type="General" weightage="50" keywordseo="satyadev" source="Orion">Satyadev</keyword>, <keyword id="6354417" type="General" weightage="50" keywordseo="jacqueline-fernandez" source="Orion">Jacqueline Fernandez</keyword> and <keyword id="9480121" type="General" weightage="50" keywordseo="nushrratt-bharuccha" source="Orion">Nushrratt Bharuccha</keyword> also round out the cast of the movie.</li></ul> "Ram Setu", starring <keyword id="2823" type="General" weightage="80" keywordseo="akshay-kumar" source="Orion">Akshay Kumar</keyword>, has raised over ₹ 15 crore in its first day India net box office collection. Directed by Abhishek Sharma of "Tere Bin Laden" fame, the action adventure drama released in theatres on Tuesday. According to a statement issued by the makers on Wednesday, "Ram Setu" opened at ₹ 15.25 crore. The film revolves around an atheist archaeologist-turned-believer, Dr Aryan Kulshrestha (Kumar), who must race against time to prove the true existence of the legendary Ram Setu before evil forces destroy the pillar of India's heritage. Satyadev, Jacqueline Fernandez and Nushrratt Bharuccha also round out the cast of the movie, which hit the screens alongside family comedy "Thank God". "Ram Setu" is presented by Prime Video in association with Cape of Good Films and Lyca Productions and is an Abundantia Entertainment Production. The film is backed by Aruna Bhatia (Cape of Good Films), <keyword id="340770" type="General" weightage="50" keywordseo="vikram-malhotra" source="Orion">Vikram Malhotra</keyword> (Abundantia Entertainment), Subaskaran, Mahaveer Jain, and Aashish Singh (Lyca Productions) and Prime Video with Dr Chandraprakash Dwivedi ("<keyword id="13358496" type="General" weightage="50" keywordseo="samrat-prithviraj" source="Orion">Samrat Prithviraj</keyword>") as its creative producer. Zee Studios has distributed "Ram Setu" in theatres worldwide. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/international/news/meet-the-first-indian-first-lady-of-uk-akshata-murty/articleshow/95095250.cms">Meet the first Indian first lady of UK - Akshata Murty</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/india-reports-830-fresh-covid-cases-1-death/articleshow/95094898.cms">India reports 830 fresh Covid cases, 1 death</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/indian-embassy-asks-citizens-to-leave-ukraine/articleshow/95090988.cms">Indian Embassy asks citizens to leave Ukraine</a>

Akshay Kumar-starrer 'Ram Setu' earns Rs 15 crore on opening day

Veteran actor <keyword id="928841" type="General" weightage="80" keywordseo="arun-bali" source="Orion">Arun Bali</keyword>, best known for his work on TV show <keyword id="105559" type="General" weightage="80" keywordseo="swabhimaan" source="Orion">Swabhimaan</keyword> and blockbuster hit 3 Idiots , died on Friday morning at his residence in suburban Mumbai. He was 79. <keyword id="19988" type="General" weightage="100" keywordseo="bali" source="Orion">Bali</keyword>'s son Ankush said his father was suffering with Myasthenia gravis, an autoimmune disease caused by communication failure between nerves and muscles, for which he was admitted to a hospital early this year. Ankush said his father was responding well to the treatment but passed away at around 4.30 am.My father left us. He was suffering from Myasthenia gravis. He had mood swings for two-three days. He told the caretaker he wanted to go to the washroom and after coming out he told him he wanted to sit down and he never got up then, he told PTI. Bali made his acting debut with noted filmmaker Lekh Tandon's TV show Doosra Keval as superstar Shah Rukh Khan's uncle and went on to work in TV shows such as period drama Chanakya , Swabhimaan , Des Mein Niklla Hoga Chand , Kumkum Ek Pyara Sa Bandhan , and P.O.W. - Bandi Yuddh Ke . Some of his popular films include Saugandh , Raju Ban Gaya Gentleman , Khalnayak , Satya , Hey Ram , Lage Raho Munna Bhai , 3 Idiots , Ready , Barfi , Manmarziyaan , Kedarnath , <keyword id="13358496" type="General" weightage="50" keywordseo="samrat-prithviraj" source="Orion">Samrat Prithviraj</keyword> , and Laal Singh Chaddha . His last film Goodbye , also featuring <keyword id="6357912" type="General" weightage="50" keywordseo="amitabh-bachchan" source="Orion">Amitabh Bachchan</keyword> and Rashmika Mandanna, released on Friday. Bali is survived by a son and three daughters. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/science/health/news/covid-19-and-flu-coinfection-rising-in-india-who-warns-it-may-escalate-in-the-winters/articleshow/94682987.cms">Covid-19 and flu coinfection rising in India, WHO warns it may escalate in the winters</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/corporates/news/nykaa-enters-into-a-jv-with-dubai-based-fashion-retailer-apparel-group/articleshow/94686015.cms">Nykaa enters into a JV with Dubai-based fashion retailer Apparel Group</a>

Swabhimaan actor Arun Bali passes away at 79 in Mumbai

<keyword id="6357713" type="General" weightage="80" keywordseo="uttar-pradesh" source="Orion">Uttar Pradesh</keyword> Chief Minister Yogi <keyword id="6360744" type="General" weightage="80" keywordseo="adityanath" source="Orion">Adityanath</keyword>, who attended a special screening of period action drama "<keyword id="13358496" type="General" weightage="100" keywordseo="samrat-prithviraj" source="Orion">Samrat Prithviraj</keyword>" with his cabinet colleagues, on Thursday declared the movie tax-free in the state. The screening of the movie was held at Lok Bhawan here, and Bollywood star <keyword id="2823" type="General" weightage="80" keywordseo="akshay-kumar" source="Orion">Akshay Kumar</keyword>, female lead Manushi Chillar and director Chandra Prakash <keyword id="11068" type="General" weightage="80" keywordseo="dwivedi" source="Orion">Dwivedi</keyword> were in attendance. "I announce that the movie will be tax-free in the state," the chief minister said. Adityanath, who was on a visit to Kanpur Dehat to oversee the preparations of the visits of President Ram Nath Kovind and Prime Minister <keyword id="6354477" type="General" weightage="80" keywordseo="narendra-modi" source="Orion">Narendra Modi</keyword> on Friday, reached late for the screening. Praising "Samrat Prithviraj", he said, "The film talks about history and provides entertainment. It can be watched with the family. We have learnt from mistakes of the past and are trying to rectify the mistakes of the past 75 years. Our Prime Minister Narendra Modi is moving forward with the vision of the next 25 years to take India ahead." The priest-turned-politician also praised director Dwivedi and actors <keyword id="6381441" type="General" weightage="80" keywordseo="akshay" source="Orion">Akshay</keyword> Kumar and Manushi for their performance, and said many places of the state have been shown in the film which will help in popularising them. Deputy Chief Minister Keshav Prasad Maurya, Transport Minister Daya Shankar Singh, J P S Rathore, A K Sharma, Nand Gopal Gupta Nandi and others were also present at the screening. Meanwhile, Samajwadi Party chief Akhilesh Yadav, in a dig at the Adityanath government, said the state cabinet should also look at the present condition of Uttar Pradesh. "After watching the historical film, the cabinet is requested to also see the present condition of Uttar Pradesh," he said in a tweet in Hindi. He added that the "dough of the past" cannot be used to make rotis in the present. Deputy CM Maurya said earlier, films were made on Mughals, but now films on such great personalities are made. "In the past, there were attempts to hide the truth (of history). But it is necessary to know the past," he asserted. "Samrat Prithviraj", which is all set to release in theatres countrywide on June 3, depicts the life of legendary warrior king Prithviraj Chauhan, played by Akshay Kumar. Chillar stars in the movie as Princess Sanyogita. Akshay had said that the film was based on the life and daredevilry of the "last Hindu Samrat Prithviraj Chauhan who shed every drop of blood in his body to defend Bharatmata". "Our film salutes the courage and valour of the mighty king and we hope that the people of our nation are inspired by his values of protecting his motherland at any cost," the actor had said, according to a press release. On Tuesday, the team held a screening of the film for Union Home Minister Amit Shah. The movie also stars Sanjay Dutt and Sonu Sood in pivotal roles. A Yash Raj Films production, the movie is scheduled to be released in Hindi, Tamil and Telugu. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/science/space/news/jeff-bezos-blue-origin-to-launch-its-fifth-tourist-flight-to-space-on-june-4/articleshow/91956366.cms">Jeff Bezos' Blue Origin to launch its fifth tourist flight to space on June 4</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="http://www.businessinsider.in/business/news/bcci-president-sourav-ganguly-joins-hands-with-edtech-startup-classplus/articleshow/91961705.cms">BCCI President Sourav Ganguly joins hands with edtech startup 'Classplus'</a>

Akshay Kumar's Samrat Prithviraj declared tax-free in Uttar Pradesh

Entertainment industry is a tough nut to crack — just having one hit film under your belt takes years and years of hard work. But, <keyword id="19896353" type="General" weightage="100" keywordseo="Akshay-Kumar" source="keywords">Akshay Kumar</keyword> was different, success seemed to flow his way effortlessly. Having delivered over 30 hit Bollywood films in his career so far, he was once the box office king. His hard work, routines, and rituals were legendary tales of how to be successful and disciplined in an industry full of uncertainties and controversies. But now, his subjects seem to have grown weary of his repetitive, more miss than hit (or more anadi than khiladi) films as evidenced by the series of flops he’s delivered post the box office success of Sooryavanshi back in November 2021. From Atrangi Re, Bachchan Pandey and Samrat Prithviraj in 2021-22 to <keyword id="37999" type="General" weightage="20" keywordseo="Bade-Miyan-Chote-Miyan" source="Orion">Bade Miyan Chote Miyan</keyword> and <keyword id="20566815" type="General" weightage="20" keywordseo="Sarfira" source="keywords">Sarfira</keyword> in 2024, over 15 movies of his have not performed up to the mark. Commenting on these string of failures, Akshay commented in March, “We keep on trying every type of film. I don't stick to one kind of genre. I keep on jumping from one genre to another, whether there is success or no success, that's how I have always worked. I'll keep on doing it… something that is social, something that is good, something in comedy, in action.” But how long can fans and brands remain loyal following such a long stream of underwhelming performances? Will team Akshay pull up socks or will the legend’s legacy continue floundering until it gradually fades? Akshay Kumar's milestone 150th film, the inspirational drama Sarfira, is proving to be a bumpy ride at the box office. Released on July 12, the film, a remake of the National Award-winning Tamil hit Soorarai Pottru, has garnered underwhelming collections in its first five days. Reports suggest that only around 100 tickets were sold for ‘Sarfira’ in Hyderabad on the first day. Not only was this his lowest opening film in 15 years, but industry tracker Sacnilk estimates Sarfira managed only Rs 1.25 crore on Day 7 yesterday, a mere blip in its overall earnings. The film's week one total stands at a modest Rs 18.8 crore net in India. This puts it slightly ahead of Akshay's recent remake "Selfiee," but a far cry from his past box office dominance. <h2>A string of flops </h2>Sarfira is hardly the lone black mark on his career, his rap sheet is filled with smears of other recent setbacks like Bade Miyan Chote Miyan, Raksha Bandhan and Ram Setu, to name a few. Despite being announced as his comeback, the Akshay and Tiger Shroff starrer Bade Miyan Chote Miyan failed to make any waves. As per his fans, this is hardly surprising considering he’s been pushing out roughly 5 movies every year and there is no newness to the roles he’s been picking. <keyword id="20235508" type="General" weightage="20" keywordseo="Khiladi-Kumar" source="keywords">Khiladi Kumar</keyword> is known to wrap up entire film shoots in a matter of 30-60 days, and critics have long complained that one cannot expect substance when the script and performances are so rushed. The actor has been releasing remakes left, right and centre and seems to be agreeing to every script coming his way — almost in a frenzy, like he’s unaware of his star-power. The other theory making rounds is that since Akshay was able to recover after a string of 14 consecutive flops earlier in his career, he thinks he will get over this slump by just doing what he’s been doing, too! We did try to reach him too to get the first-person perspective, but all we heard from his team was pained silence, at least till now. <h2>Maybe Akshay needs a breather — and a comedy or two? </h2>Akshay’s recent antics have us wanting to give him a hug and tell him that we will continue to love him even if he chooses not to do a bazillion movies every year. In fact, we’d probably love him more if he decided to take it easy and be pickier with the scripts he does. Yes, we’re aware that his wife <keyword id="19944420" type="General" weightage="20" keywordseo="twinkle-khanna" source="keywords">Twinkle Khanna</keyword> refused to have more babies with him until he started taking more serious roles (as he revealed during their interview on Koffee with Karan). But as much as we love Mrs Funny Bones, this ruse has gone on for way too long, and we want the old comedy Kumar back. Most experts think that a brief break could do wonders for Akshay’s career, it certainly worked with his other contemporaries like Shah Rukh Khan. And after he’s back, maybe we could have more comedies like Hera Pheri — because nothing embodies the brand that is Akshay Kumar more. His upcoming film Khel Khel Mein has also failed to generate any meaningful buzz so far a month prior to its release. However, we may need to wait and see if it manages to make a dent in this long and painful phase. For now, Welcome 3 is also in the works (we don’t blame you for not remembering a Welcome 2, because we don’t either), giving fans some hope for a hit at the end of this year. But Nana Patekar has already said that he won’t be a part of the film because it didn’t have a story. So, is this the end of Akshay Kumar's box office reign? Or, just a rather long blip in an unmatched career full of hits and misses? Sarfira numbers certainly don't inspire confidence. Only time will tell if the actor can make reparations and recapture his box office magic. <div type="Article" hostid="261" msid="101386695" title="Akshay Kumar announces fifth part of &amp;#39;Housefull&amp;#39; franchise, film to release on Diwali 2024" mstype="2" mssubtype="0"></div>

As Akshay’s movies continue to underperform, fans call for a return of Khiladi Kumar

<ul><li>E-commerce giant Amazon is back with its 48-hour-long Prime Day Sale starting July 23.</li><li>Nearly 400 brands like Samsung, Xiaomi, Puma and Adidas will be launching 30,000 products.</li><li><keyword id="758541" type="General" weightage="20" keywordseo="amazon-prime" source="Orion">Amazon Prime</keyword> members would also get early access to the sales event, new product launches and lightning deals.</li></ul>E-commerce giant Amazon is back with its 48-hour-long Prime Day Sale, with 30,000 new product launches from 400 top brands like Samsung, Xiaomi, Intel, BoAt, Puma and Adidas, to name a few. It will be offering up to 55% off on all latest smart speakers, smart displays and Fire TV products, Amazon India’s top executive told Business Insider. Amazon India’s director for Prime and delivery experience, Akshay Sahi, told Business Insider India that consumers will get the year’s best deals on Amazon Echo, Fire TV and Kindles devices this Prime Day. It will also offer 10% discounts on payments through ICICI Bank credit or debit card, SBI credit cards and EMI transactions through ICICI Bank credit or debit cards. The sale will be held next weekend, on July 23 and 24, and will host product ranges from both big and small retailers. Sahi noted that even 120 small and medium businesses like XECH, Cos-IQ, Himalayan Origins, SpaceinCart, Mirakii, Karagiri and Nirvi Handicrafts will be launching 2,000 new products across categories — like electronics, fashion, grooming, accessories, handmade products and more. <cmsannotation type="cmsannotation" annotationid="Amazon has 50% off for young members" comment="subhead" text="Amazon has 50% off for young members">Amazon has 50% off for young members</cmsannotation> The company will also offer one-day and two-day deliveries across 100 cities. Besides this, Amazon Prime members would also get early access to the sales event, new product launches and lightning deals. “18-24-year old’s can get 50% cashback on joining Prime membership. This is available across plans and makes the effective membership price as low as ₹89/month for customers,” he added. Amazon also allowed the young members to refer Prime membership to their family and friends, in exchange for a 15-day extension on their own membership. The referred friend between the ages of 18 and 24, can avail the membership at flat 60% off — including 50% in cashbacks for the Youth Offer and the extra 10% as the referral reward. <cmsannotation type="cmsannotation" annotationid="Amazon Prime Videos is running offers too" comment="subhead" text="Amazon Prime Videos is running offers too">Amazon Prime Videos is running offers too</cmsannotation> Amazon would also be launching several original series and popular movies across multiple languages on Prime Videos. The list includes Runway 34 in Hindi, Sarkaru Vaari Paata in Telugu, Tamil and Malayalam, and Samrat Prithviraj in Hindi, Tamil and Telugu. The company recently launched its original action-thriller series starring Chris Pratt, The Terminal List, in multiple Indian languages; a new season of Comicstaan; and the second Indian adaptation of the beloved global series Modern Love Hyderabad (Telugu). “Also, as a special Prime Day offer, many of our partners will be offering up to 50% discount on add-on subscriptions through Prime Video Channels this Prime Day,” Sahi added. SEE ALSO <a href="https://www.businessinsider.in/stock-market/news/as-zomato-paytm-and-new-age-start-ups-struggle-at-bourses-their-unlisted-peers-stare-at-funding-winter/articleshow/92870126.cms">As Zomato, Paytm and new-age start-ups struggle at bourses, their unlisted peers stare at funding winter</a> <a href="https://www.businessinsider.in/tech/enterprise/news/indian-tech-firms-contributed-nearly-200-billion-to-the-us-economy-creating-2-lakh-jobs/articleshow/92854889.cms">Indian tech firms contributed nearly $200 bn to the US economy, more than the combined economies of 20 US states</a> <a href="https://www.businessinsider.in/business/news/fintechs-are-helping-indian-msmes-get-over-their-biggest-challenges-but-there-is-still-a-long-way-to-go/articleshow/92848620.cms">Fintechs are helping Indian MSMEs with their biggest challenge — data and the lack of it</a>

Amazon's Prime Day offers are trying to catch em young with special membership discounts

There is no other reason for a film's failure other than its content not being good, said Bollywood star <keyword id="6357861" type="General" weightage="50" keywordseo="ranbir-kapoor" source="Orion">Ranbir Kapoor</keyword> on Wednesday as he opened up about the poor performance of his last release "<keyword id="6503823" type="General" weightage="80" keywordseo="shamshera" source="Orion">Shamshera</keyword>". <keyword id="53" type="General" weightage="100" keywordseo="kapoor" source="Orion">Kapoor</keyword> was speaking at the press conference here to promote his latest release "Brahmastra: Part One-Shiva", co-starring his actor-wife Alia Bhatt. Asked whether he feels Hindi movies are being unfairly treated in recent times, Kapoor said, "I will give the example of my own film. I will not talk about other films. Few weeks ago, my film 'Shamshera' was released. I didn't feel any negativity." "The film didn't run at box office, it is probably because the audience didn't like the film. Eventually it is about the content," he added. In recent times, mainstream Hindi movies like Ranveer Singh's "Jayeshbhai Jordaar", Akshay Kumar's "Bachchhan Paandey", "Samrat Prithviraj" and "Raksha Bandhan", along with Aamir Khan-starrer "Laal Singh Chaddha", failed to register big numbers at the box office. Kapoor, known for movies such as "Rockstar", "Barfi!" and "Sanju", said the audiences will only be entertained if they are served good content. "Who doesn't want to go to the movies to experience a different emotion, get moved by characters, be entertained, get a great laugh, cry and feel something? We all want to feel that. If a film doesn't work, there is no other reason. It is because the content is not good," he added. "Brahmastra", directed by his frequent collaborator and close friend <keyword id="66166" type="General" weightage="50" keywordseo="ayan-mukerji" source="Orion">Ayan Mukerji</keyword>, has been in the making for a long time and faced several delays due to various reasons. Kapoor said no one, including his father, late cinema icon Rishi Kapoor, understood what it takes to make a film like "Brahmastra", which has been mounted on a huge budget and is loaded with visual effects. "It's been so long... No one really understood what it takes to make a film like this because no one has really done this, especially people we know. "The film has been going on for so many years. I remember when my father was alive, I used to lie that I was shooting 'Brahmastra'. I used to hide it and say I'm shooting for some other movie," the 39-year-old actor said. He also credited Mukerji, the director of his two blockbusters "Wake Up Sid" (2008) and "Yeh Jawaani Hai Deewani" (2013), for his growth as an actor. "I have known Ayan since 2008 when he narrated 'Wake Up Sid' to me. I didn't know him before that. He is someone who just came and narrated his entire story. He was sitting on the floor and he was narrating the film for me, saying it would take just 1 hour but it took 5 hours to narrate that film. "I really felt that energy from a young filmmaker and I was like, 'Wow, this guy really has a story to tell.' He is passionate about every word, every character and I could feel that energy. I think art is about energy. You have to feel the energy within other people." Kapoor said he is aware that he will not get another opportunity to do a movie like "Brahmastra" again. "It's not like that after 'Brahmastra', I will do only these kinds of films. I know I won't get an opportunity like this again. I hope going forward I get other opportunities to showcase other different characters that I can portray," he added. "Brahmastra Part One: Shiva , which also features megastar <keyword id="6357912" type="General" weightage="50" keywordseo="amitabh-bachchan" source="Orion">Amitabh Bachchan</keyword>, Nagarjuna and <keyword id="6370219" type="General" weightage="50" keywordseo="mouni-roy" source="Orion">Mouni Roy</keyword>, is a joint production of Star Studios, Dharma Productions, Prime Focus and Starlight Pictures. The movie will be released in theatres in Hindi, Tamil, Telugu, <keyword id="6354291" type="General" weightage="50" keywordseo="kannada" source="Orion">Kannada</keyword> and Malayalam on Friday. SEE ALSO : <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/sensex-nifty-in-the-green-as-crude-prices-soften/articleshow/94066162.cms">Sensex, Nifty in the green as crude prices soften</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/indigo-shares-fall-over-4-as-co-founder-rakesh-gangwal-offloads-2000-cr-worth-stake/articleshow/94065345.cms">IndiGo shares fall over 4% as co-founder Rakesh Gangwal offloads ₹2,000 cr worth stake</a>

'Shamshera' didn't work because content was not good: Ranbir Kapoor

<ul><li>March 2022 turned out to be the best months for both <keyword id="799" type="General" weightage="20" keywordseo="pvr" source="Orion">PVR</keyword> and <keyword id="6407732" type="General" weightage="20" keywordseo="inox" source="Orion">INOX</keyword> Leisure due to stellar movie releases.</li><li>The companies can still replicate the March success due to the strong movie pipeline set up for this year.</li><li>“2022 or financial year 2023 will be one of the best for the Indian film industry,” INOX CEO Alok Tandon said.</li></ul>Afer a stellar March business, movie theatres are hoping to make a comeback — but they need movies that can move the audiences away from OTTs and TVs. This is the view held by five brokerage firms — ICICI Securities/Direct, Motilal Oswal, Prabhudas Lilladher and ShareKhan. They believe that good movies can help them replicate the March success which came with superhits like the controversial Kashmir Files; Rajamouli’s RRR, Sanjay Leela Bhansali’s period drama Gangubai Kathiawadi, followed up by KGF 2 in April. “They witnessed a March — which was the best ever in the history, led by superlative performances of movies,” ICICI Direct said in its views on PVR and INOX both. The March footfalls made up for half of the Jan-March quarters footfalls in theaters. But both these companies need more than a good month to turn things around. A strong recovery in footfalls and sales of these listed theatre companies will be driven by ‘strong content slate lines’, as per ICICI Direct. If all goes well, it estimates that both these companies can cross their pre-covid earnings in the current financial year. These companies are in desperate need of a ‘recovery worthy’ movie releases. In spite of a good revenue growth, INOX and PVR both are still in the red — posting losses of ₹239 crore and ₹478 crore in the fourth quarter, respectively. <cmsannotation type="cmsannotation" annotationid="The Khan-Karan factor" comment="subhead" text="The Khan-Karan factor">The Khan-Karan factor</cmsannotation> The next phase of turnaround can come from another set of long-delayed and much-hyped movies with A-list stars. All the three Khans have movies planned this year — which had become a rare occurrence even in the years before the pandemic. Aamir Khan has Lal Singh Chaddha, that’s a remake of Tom Hanks’ Forrest Gump. Salman Khan also promises another movie from his formulaic stable — called Kabhi Eid Kabhi Diwali. The King of Khans — Shah Rukh Khan too is releasing a movie after four years called Pathan. The fact that these Khan movies are ‘much-awaited’ can help drive footfalls. INOX CEO Alok Tandon spoke of an influx of good releases in FY23, in a conversation with Business Insider India. “2022 or financial year 2023 will be one of the best for the Indian film industry… I feel like we have some very, very strong lineup,” Tandon said. He also confirmed that March was their best month yet and the movie business had been operating in limited capacity over the last few years due to Covid-19. Then other bankable stars like Ranveer Singh and Ranbir Kapoor too have releases this year — at least one of them is bankrolled by Dharma Productions, lead by Karan Johar. <cmsannotation type="cmsannotation" annotationid="Movies that can move PVR, INOX Leisure’s profits from red to green" comment="subhead" text="Movies that can move PVR, INOX Leisure’s profits from red to green">Movies that can move PVR, INOX Leisure’s profits from red to green</cmsannotation> <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;"><colgroup></colgroup><col /><col /><col /><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Upcoming Movie </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Expected Release </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Cast </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Samrat Prithviraj </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">June 2022 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Akshay Kumar, Sanjay Dutt, Sonu Sood </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Ek Villain Returns </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">July 2022 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">John Abraham, Arjun Kapoor, Aditya Roy Kapur, Disha Patani </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Laal Singh Chaddha </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">August 2022 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Aamir Khan, Kareena Kapoor </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Brahmastra </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">September 2022 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Ranbir Kapoor, Alia Bhatt, Amitabh Bachchan, Nagarjuna, Mouni Roy </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Avatar: The Way of Water (English) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">December 2022 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;"> Zoe Saldaña, Sigourney Weaver, Stephen Lang, Cliff Curtis </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Kabhi Eid Kabhi Diwali </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">December 2022 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Salman Khan, Pooja Hedge, Kriti Sanon, Aayush Sharma </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Pathaan </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">January 2023 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Shah Rukh Khan, Deepika Padukone, Salman Khan, Dimple Kapadia, Ashutosh Rana, John Abraham </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Rocky Aur Rani Ki Prem Kahani </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">February 2023 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Ranveer Singh, Alia Bhatt, Dharmendra, Shabana Azmi </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Luv Ranjan's next starring Ranbir Kapoor </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">March 2023 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Ranbir Kapoor, Shraddha Kapoor </td></tr></tbody></table> <cmsannotation type="cmsannotation" annotationid="Badly in need of a superhit" comment="subhead" text="Badly in need of a superhit">Badly in need of a superhit</cmsannotation> The many high profile releases must deliver as per expectations with ‘superhits’, for the companies to get back to their pre-Covid financials and footfalls. “Deterioration of content quality might affect footfalls and advertising revenue growth, inability to take adequate price hikes at the right time might affect earnings given rising input cost, and inability to maintain cost savings initiatives likely to impact operating profitability,” a ShareKhan report read. A lot of high profile releases also fell flat in the months ahead of March. There was a big buzz around Ranveer Singh and Deepika Padukone-starrer 83 — which was based on the 1983 cricket world cup that India won. However, it disappointed movie distributors as it was declared a theatrical flop. Singh’s Jayeshbhai Jordaar too did not live up to its expectations. Kangana Ranaut’s Dhakkad, Akshay Kumar’s Bachchan Pandey, Prabhas’ Radhe Shyam too failed to impress the audiences. Apart from 83, all the other movies were released after India had overcome the third Covid-19 wave. Pushpa and Spider Man in the Hindi belt — both released in December along with 83 — were among the few movies that managed to do well despite Omicron fears. 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