The Economic Times

PVR Inox shares crash 8% after alleged Rs 200 crore kickback investigation; senior exec's exit comes to light

PVR Inox shares fell after reports that the company asked senior executive Pramod Arora and others to leave in April following an internal probe into alleged kickbacks of up to 200 crore from cinema property developers. The investigation reportedly found irregularities and sought to determine the extent of the alleged wrongdoing.