Noted Pakistani singer Rahat Fateh Ali Khan was detained at the Igi airport here today by revenue intelligence sleuths after he and two of his troupe members were caught allegedly carrying 1.24 lakh Usd (about Rs 60 lakh) in undeclared foreign currency.Rahat(37) and his entire troupe, numbering around 16, including his manager Maroof and event manager were detained and their interrogation were underway tonight several hours after they were held by Directorate of Revenue Intelligence (Dri) officials.A nephew of Pakistani singing legend Ustad Nusrat Fateh Ali Khan, Rahat is a top Bollywood playback singer and has several hit numbers to his credit. He won the Filmfare Award for Best Male Playback Singer this year for ''Dil To Bachcha Hai Ji'' from the movie ''Ishqiya''.The Foreign Currency was not declared to Customs officials after the immigration checks, a Dri official said. The troupe was on in its way to...
- 2/13/2011
- Filmicafe
Film production and distribution company Shree Ashtavinayak Cine Vision is planning to raise funds up to $150 million through various routes from both the domestic and international markets.The company will raise funds via Global Depository Receipts and / or American Depository Receipts and / or Foreign Currency Convertible Bonds (FCCBs) or convertible securities linked to equity shares, including qualified institutional placement of share.The company's shareholders will meet on 24 October for the Extraordinary General Meeting.Shree Ashtavinayak ...
- 9/30/2009
- BusinessofCinema
Pyramid Saimira Theatre Ltd (Pstl) is planning to demerge its distribution and production subsidiaries from the parent company. The company also plans to raise approximately Rs 5 billion (Rs 500 crore or $100 million) through international offering of securities including Foreign Currency Convertible Bonds (FCCBs), Global Depositary Receipts (GDRs), American Depositary Receipts (ADRs), subject to necessary approvals.The de-merger will be that of the distribution arm Pyramid Saimira Content Distribution and the production arm Pyramid Saimira Production International from ...
- 8/25/2009
- BusinessofCinema
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