Shocking News! IT Raids On Mahesh Babu's Partner Sunil Narang's Asian Cinemas

Today, income tax sleuths have carried out raids on the residences and offices of one of the top production and distribution house Asian Cinemas. Owned by Sunil Narang and Narayana Das Narang, Asian Cinemas has a chain of multiplexes and theaters across the Telugu states. They recently collaborated with Superstar Mahesh Babu and constructed the swanky multiplex AMB Cinemas at Gachibowli, Hyderabad. Sunil Naranag has also forayed into film production of late and is bankrolling Naga Chaitanya and Sai Pallavi's next outing in the direction of Sekhar Kammula. More details about the IT raids are awaited.