Dear Vipul and Vip1,

It is purely on my personal and working experience I had over 15 years working at different places with different people plus doing my Engineering at Regional Engineering College where you study with students from different states.

It is not to hurt anybody's sentiments as I had mentioned in my earlier post. I don't believe in any religion, class, place, or whatsoever.

Basanthji, if you think it is against the forum conduct, please remove it.

DLF likely to invest Rs 1,250 cr on DT Cinema expansion

Multiplex business offers big opportunity as there is a shortage of 40,000 screens, but added that it’s a “ and takes time to expand

New Delhi: Real estate behemoth DLF is likely to invest about Rs 1,250 crore on expanding its multiplex business, DT Cinema, by adding about 500 screens in the next four to five years.

“Currently, we are at a pre-operative stage with about seven screens. In another four to five years time the target is to have 500 screens across India,” DT Cinema CEO Kajal Aijaz told PTI.

By September this year, two DT Cinema complexes in Delhi and one in Chandigarh would be operational, she said, adding that 35 screens are expected to be functional in the next seven months.

“Once these initial projects start, the mid-term aim is to have about 150 screens operational within two years,” Aijaz said, adding that all the multiplexes would be owned by DLF.

Asked about the proposed investment for the expansion, she declined to give an exact figure but said: “On an average, setting up a screen can costs anything between Rs 2 crore to Rs 2.5 crore”.

Apart from north Indian cities, DT Cinema plans to set up multiplexes in Hyderabad, Chennai, Kochi, Bangalore, Mumbai, Pune, Ahmedabad, Goa and Kolkata. The size of each multiplex could be between 35,000 sq ft to 90,000 sq ft, she said.

Aijaz said multiplex business offered a big opportunity as there is a shortage of 40,000 screens in India, but added that it’s a “slow moving business” and takes time to expand.

Source : http://www.livemint.com/2007/07/12182532/DLF-likely-to-invest-Rs-1250.html

Does this statement from Mr. Tulsian make any sense?

Tulsian told CNBC-TV18, "When DLF went public probably the disclosure norms or the details of the land bank has been more clear in case of DLF while the same has not been able to, you have not been able to collate the total land bank of Unitech but even if you take the total figure and the financial performance that gets reflected into the valuation on the secondary market because DLF virtually is double the size of Unitech and infact there could be slightly maybe the quality of land bank in which region they are all holding on and ultimately it is an execution capability which would really be a matter that how fast they will be able to develop and unlock the value either by selling them off or letting them out on the rental."

The language seems to be a mix of French and Bhojpuri. Can somebody translate it into English for me please?

SmartCat: I would advice you to learn French/Bhojpuri or else stop watching CNBC, for our sake else every evening you need a translater.