However, the new year is likely to bring a fresh set of challenges with only one big tentpole Hindi film, Hrithik Roshan, and Deepika Padukone-starrer Fighter scheduled for release, as far as the first quarter goes.
Top stars like Shah Rukh and Salman Khan will not see a film arriving in cinemas in 2024 but theatre owners and trade experts are pinning hopes on a slate of mid-scale films starring the likes of Shahid Kapoor, Ajay Devgn, Akshay Kumar, and Vicky Kaushal.
"The year 2023 showed a lot of hope especially compared to 2022, when the business had hit rock bottom. The potential of the Hindi box office was evident in the fact that not only was the 1500 crore milestone breached, but it happened four times through the year, so bench marks are significantly higher now," independent distributor and exhibitor Akshaye Rathi said.
Denne historien er fra January 03, 2024-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra January 03, 2024-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Deliver food with 45 days' shelf life: FSSAI
Amid rising consumer complaints, Food Safety & Standards Authority of India (FSSAI) on Tuesday directed e-commerce players selling food items on their platforms to ensure a minimum shelf life of 30% or 45 days before expiry, at the time of delivery to customers.
Zydus Life reports strong Q2 growth
Zydus Lifesciences Ltd announced strong double-digit growth in line with estimates, on the back of sustained growth across its key businesses, in its consolidated financial results for the September quarter on Tuesday.
Mondelez FY24 net profit up 72%
Confectionery major Mondelez India Foods Pvt. Ltd posted a 71.85% increase in profit to ₹2,020.87 crore in FY24, according to the RoC filing from the beverages major.
DBS's next India CEO is Rajat Verma
DBS's India unit has nominated its head of institutional banking, Rajat Verma, to be the bank's new chief executive officer, two people familiar with the matter said.
Air India Express to reconfigure planes
Air India Express plans to start reconfiguration of planes having business class seats from April 2025, as the airline focuses on operating narrow-body planes with only economy class seats, according to a senior official.
Wilson & Hughes buys Cox & Kings
Wilson & Hughes, a Singapore-based private equity firm, has acquired the 260-year-old travel brand Cox & Kings through the insolvency process.
UK reiterates support for India's permanent UNSC seat
The UK has reiterated its support for permanent membership for India in the United Nations Security Council (UNSC) as part of an expansion of the international panel to ensure it can continue to rise to the pressing challenges faced by the world.
JSW Defence to tie up with US firm
JSW Defence on Tuesday announced a strategic partnership with a US firm to indigenise and manufacture its 'V-BAT', an Unmanned Aerial System (UAS), and said the collaboration marks a significant step in boosting India's defence capabilities by bringing in world-class UAS technology to the country.
Sebi simplifies FPI registration
To facilitate ease of onboarding of Foreign Portfolio Investors (FPIs) and reduce duplication of information, the Securities and Exchange Board of India (Sebi) on Tuesday said applicants can choose to fill either the entire Common Application Form (CAF) or an abridged version with unique fields.
Advent-backed firms get IPO nod
Advent International-backed Manjushree Technopack and Inventurus Knowledge Solutions Ltd, which provides healthcare support services, have received go-ahead from the Securities and Exchange Board of India (Sebi) to float initial public offerings (IPOs).