OPINION, P10 WELL BEING FE LINES NEVER TOO LATE TO GET HELP ON EARLY ONSET DEMENTIA The second killing of Mahatma Gandhi How year-end wraps decode digital habits The ageing of the mind & all its forms, must be addressed sooner than later, say docs Page 9 ACROSS THE AISLE, P CHIDAMBARAM VOL.NO.XIII SL.NO.157 Online platforms are shaping every consumer move Page 6 WORDS WORTH Follow us on Twitter & Facebook. App available on App Store & Play Store WWW.FINANCIALEXPRESS.COM ALCHEMY ON THE FIELD CHENNAI/KOCHI 14 Pages, `12 FINANCIAL EXPRESS ON SUNDAY SUNDAY, DECEMBER 21, 2025 P U B L I S H E D F R O M : A H M E D A B A D , B E N G A L U R U , C H A N D I G A R H , ● Re-releases give good revenues, to rise further in ’26 SREYA DEB New Delhi, December 20 INTHE FACE of lowerfootfalls in cinemas and film collections taking a nosedive over the years, where hits are few and far between, re-releases have emerged as a silver lining. In 2025, re-releases have ■ SPOTLIGHT, P5 MBA reimagined Once the surest route to corporate stability, the professional degree is facing its toughest identity test in decades. Is the golden ticket to success changing its colour to stay relevant? ■ LEISURE, P7 Home, hearth and heart When the point of convergence in our lives — home — comes under question, where do we go from there? FPIs offload $2-billion shares in Dec first half K O L K A T A , L U C K N O W , (`17,553 crore) from five sectors during the first 15 days of December, according to data from NSDL. Financial services witnessed the highest selling at $718 million, followed by IT ($367 million) and services ($357 million). Compiled by Kishor Kadam ■ For PVR INOX, re-releases account for 4% of revenues right now ■ Sholay ■ Tumbbad ■ Jab We Met ■ Yeh Jawaani Hai Deewani ■ Kal Ho Na Ho ■ Om Shanti Om ■ Cinepolis saw 3.5% revenue from re-releases this year DEMAND DRIVERS ■ While PVR INOX ■ Lack of good lineup of new releases ■ Fillers at time of content gaps ■ Advent of social media ■ Desire for quality, old or new ■ Nostalgia re-released over 200 films this year, Cinepolis showed 40 seen a particularly sharp rise, with more titles added over the previous year. The trend is now so strong that leading multiplexes PVR INOX and Cinepolis say rereleaseshavebecomeanewprogramming category for them, Record demand for made-in-India cars GOING GLOBAL ● Maruti Suzuki, Kia, Skoda-VW lead PV exports (units) 428,098 post Ford, GM exit 2020 INDIAIS SET torecorditshighest-ever passenger car exports in 2025,underscoring a structuralshiftinthecountry’sauto manufacturing base even as some global automakers have exited local production. Data from the Society of Indian Automobile Manufacturers (SIAM) shows that car exports during the first 11 months of calendar year 2025 stoodat790,667units,already surpassing the full-year figure of 743,326 units recorded in 2024. With December typically the strongest month for exports, industry executives expect shipments this year to 631,235 2015 comfortably exceed one million units, nearly double the 428,098 units exported in 2020. While 2020was affected by Covid-related disruptions, exports had already crossed the pre-pandemic peak last year. The previous high was recorded in 2017, when India by any benchmark”, as per Niharika Bijli, lead strategist, PVR INOX. In 2025, PVR INOX re-released over 200 films, an ● BIG INFRAPUSH FORASSAM 790,667 2025* ■ Export mix reflects shift towards SUVs, which enjoy wider acceptance ■ Momentum of Source: SIAM data *Jan-Nov 2025 demanding dedicated departments. As for PVR INOX, rereleases account for 4% of revenues now,“a significant share India’s exports to continue further, say analysts exported 738,894 cars,driven largely by Ford and General Motors using their Indian plants as global export hubs. The 2025 performance marks a break from that phase,with a newset of manufacturers now driving volumes. Continued on Page 2 PTI PM Narendra Modi inaugurating the new terminal building at Guwahati airport in Assam. Built at `4,000 crore, it is India's first nature-themed airport facility. Modi said that like Brahmaputra, the stream of development is flowing uninterruptedly under his ‘double-engine’ govt ■ SEE PAGE 2 REUTERS December 20 ALPHABET’S GOOGLE HAS advised some employees on US visas to avoid international travel due to delays at embassies, Business Insider reported on Friday, citing an internal email. The email, sent bythecompany’soutsidecounsel BAL Immigration Law on Thursday, warned staff who needavisastamptore-enterthe USnottoleavethecountry because visa processing timeshavelengthened, the report said.Google did not immediately respond to a Reuters request forcomment. SomeUSembassiesandconsulates face visa appointment delays of up to 12 months, the Consumer durables 44 Automobiles Metals & mining 67 89 331 Oil and gas -233 Sebi chief: Work on new tech frontiers on MARKETS REGULATOR SECURITIES and Exchange Board of India (Sebi) is looking to constitute a working group to identify the next technological frontier for stock exchanges, its chairman Tuhin Fortis to acquire Bengaluru hospital Fortis Healthcare on Saturday said it has inked a pact to acquire Bengaluru-based People Tree Hospital for `430 crore. It said an additional investment of `410 crore is planned over the next three years in the facility. ■ PAGE 3 N E W D E L H I , P U N E increase from about 150 in 2024,with Bijli foreseeing that 2026 will also see a steady consistentslateofre-releases.“Over the past year, re-releases have witnessed strong upward momentum at Cinepolis. The categoryhasgrownbothinfootfallaswellasper-screenrevenue contribution,” shared Devang Sampat,MD,Cinepolis. He said Cinepolis screened about 40 re-releases this year, and a farmore extensive slate is being planned for2026. Continued on Page 2 UStradechief slams India as talks drag US TRADE REPRESENTATIVE Jamieson Greer critiqued the practices of two key US partners, the European Union and India, signaling that contentious talks are set to spill into the new year, reports Bloomberg.Greersaid negotiations with India that began earlier this year still haven’t resultedinanagreement—noting that the US had concluded deals with a slew of other partners,from Malaysia to Switzerland,in the interim. Continued on Page 2 GoogletravelalertforUSvisaholders Source: NSDL PRESS TRUST OF INDIA New Delhi, December 20 M U M B A I , PERENNIAL HITS BACK IN BUSINESS ($ mn, Dec 1-15, 2025) Power -259 Healthcare -357 Services -367 IT K O C H I , Top FPI buying ($ mn, Dec 1-15, 2025) Financial -718 services H Y D E R A B A D , EXPORTS IN 2025 HIGHEST EVER VIKRAM CHAUDHARY New Delhi, December 20 Top FPI selling READ TO LEAD Multiplexes keep their faith in nostalgia WHAT'S INSIDE FOREIGN portfolio investors (FPIs) offloaded shares worth nearly $2 billion C H E N N A I , Biography of agricultural scientist MS Swaminathan Page 4 KantaPandeysaidonSaturday. The group will focus on how exchange technology should evolve over the next 5-10 years,benchmarkglobalbest practices,anddevelopnew methods to strengthen market infrastructure. Continued on Page 2 SBI to revisit policy on construction finance SBI Chairman CS Setty said that the bank will reassess its policy on construction finance for residential real estate, but stressed that accountability and transparency will be key factors in determining rates for such loans. ■ PAGE 3 CHENNAI/KOCHI memo said,warning that international travel will “risk an extended stay outside the US”,as perthe report. The Trump administration this month announced increased vetting of applicants for H-1B visas for highly skilled workers. Continued on Page 2
The Financial Express (FE) is a business paper that’s closest to the people who are in the business of business. From business policies to market trends to new developments, The Financial Express comes packed with incisive news on every relevant issue.