After a long wait, the humans have gotten over the fear of Coronavirus. Even though the pandemic still persists and the danger has only increased, we as humans have decided to move on and never stop. The Cinema Halls in Maharashtra re-opens from today. As we are all aware the lockdown had impacted the world’s economy. To restart and for an easy cash-flow, the leaders have decided to re-open the industries gradually.
Cinema Halls in Maharastra re-opens from today, i.e, 5th November 2020. However, along with this, the government has added some guidelines that should be strictly followed. Opening theaters in Maharashtra is a good sign for the Hindi film industry. The theaters were shut down from October 15 after being closed for almost seven months.
Cinema Halls in Maharashtra Re-Opens from today:
They will, however, be allowed to function at only 50% capacity under the circumstances. No eatables will be allowed inside, a government notification issued today said. This is apart from all the indoor stadiums, swimming pools, and yoga institutes – again, outside containment zones – that will be allowed to function from Thursday onwards, according to the notification. All these facilities will have to strictly observe social distancing and sanitization norms.
Maharashtra, especially Mumbai Territory is an important market for Hindi films. Mumbai Territory has the highest contribution to the business of Hindi films in the North along with Delhi, Uttar Pradesh, and Punjab. In such a situation, the opening of the Mumbai Territory is an auspicious sign for Hindi films. The producers were hesitant to release the films due to the closure of the Mumbai territory. However, the release of new films is likely to accelerate.
PVR, Inox Leisure Shares Soars:
PVR’s share price surged as much as 8.6 percent to Rs 1,194.15 apiece on the NSE while Inox Leisure’s share price gained up to 5.7 percent to Rs 274.80. So, tell us in the comments will you be going to the theatres to watch an upcoming Bollywood movie? Stay tuned to Bollywood Hush for more news and updates.
