The two entities announced the merger on March 22 — Inox is merging with PVR — though regulatory approvals are still pending. The merged entity would be called PVR Inox Ltd. The management has decided to operate the old cinemas under their respective names and to open new cinemas under the PVR-Inox brand.
Centre to impose stock limits on tur and urad dal till October 31
The move has come after the price of tur and urad saw a sharp jump in prices this week. The prices of the two commodities