Dth

Dish TV calls EGM on March 3, seeks nod for appointment of 4 ind directors

Direct-to-Home operator Dish TV will convening an Extraordinary General Meeting (EGM) on March 3 to seek shareholders' approval for the appointment of four new independent directors. The EGM would be held virtually through video conferencing and other audio-visual means, said a notice by Dish TV. Dish TV's largest shareholder Yes Bank Ltd (YBL) and the promoter family led by its former chairman Jawahar Lal Goel are engaged in a legal battle over board representation in the company. The four independent directors sought to be appointed are Sunil Kumar Gupta, Madan Mohanlal Verma, Gaurav Gupta and Lalit Behari Singhal. The company's board had announced their appointments in December last year, which was the first major appointment after the departure of its former chairman Jawahar Lal Goel. Earlier on December 30, shareholders of Dish TV had rejected a proposal for adoption of audited standalone and consolidated financial statements for FY21 and FY22 in the AGM. YBL, having over 24

DTH companies say they will raise prices gradually, not in one go: Report

Broadcasters have been complaining that the price of TV content has not seen any increase since 2019

IAMAI asks govt to content and broadcasting services out of telecom bill

IAMAI said in its submission that 'telecommunication' can cover video calls, emails, messages as well as other cloud service providers

CAG to conduct special audit for DTH service providers on I&B min's orders

The audit will be conducted to ensure that the amount to be submitted to the Centre in the form of the licence fee is "correctly assessed"

Dish TV, 4 others settle non-disclosure of AGM voting results with Sebi

Direct-to-Home operator Dish TV India Ltd and four others have settled with markets regulator Sebi a case pertaining to alleged non-disclosure of voting results of the company's Annual General Meeting (AGM) held on December 30, 2021. Apart from Dish TV, its promoter Jawahar Lal Goel, group chief executive Anil Kumar Dua, compliance officer Ranjit Singh and Ashok Mathai Kurien, who was the director of the company, settled the case. These five entities have settled the case after collectively paying Rs 65.34 lakh towards settlement amount, the Securities and Exchange Board of India (Sebi) said in an order. This came after the entities proposed Sebi to settle the alleged violations of regulatory norms through a settlement order, "without admitting or denying the findings". Accordingly, Sebi, in its order passed on Monday, stated "the pending enforcement proceedings for the alleged defaults ...are settled qua the applicants." The regulator received complaints alleging that Dish TV, p

Dish TV shareholders reject 4 resolutions at AGM, board strength down to 2

Adoption of FY21 and FY22 financial statements and new statutory auditors not accepted at AGM

Central govt caps platform channels on DTH at 5% of total capacity

The government on Friday capped the number of platform channels on direct-to-home (DTH) services at 5 per cent of the operators' total channel carriage capacity. The operational guidelines in respect of "licence fee", "platform services" and "sharing of infrastructure" for DTH services in India, issued by the Ministry of Information and Broadcasting (MIB), also bar the platform service channel from sharing content directly or indirectly with any other distribution platform operator (DPO). Platform service channels are programmes transmitted by DPOs exclusively to their own subscribers. The definition excludes Doordarshan and registered television channels as also the foreign channels not registered in India. "The content of the PS to be exclusive to the platform and is not to be shared directly or indirectly with any other Distribution Platform Operator," the guidelines said. The guidelines, which came into effect from Friday, mandate all platform service channels to carry a captio

Telecom association demands 'converged' law for various digital services

The telecom industry body was responding to a DOT consultation paper, which aims at reviewing the existing legal and regulatory provisions governing telecommunications

Disney likely to offload 10% stake in Rs 3,200-crore Tata Play IPO

The aggressive push of DD Freedish by Prasar Bharati in the past five years has only compounded matters for private DTH players, experts say

India's GSAT-24 satellite launched, entire capacity leased to Tata Play

NewSpace India Limited (NSIL) launched GSAT-24 in its first "demand-driven" communication satellite mission post space sector reforms, leasing the entire capacity on board to Direct-to-Home (DTH) service provider Tata Play. Built by Indian Space Research Organisation for NSIL, the satellite was successfully placed into geostationary orbit by the Ariane 5 rocket, operated by French company Arianespace, from Kourou in French Guiana (South America) on Thursday. GSAT-24 is a 24-Ku band communication satellite weighing 4180 kg with pan-India coverage for meeting DTH application needs. NSIL, incorporated in March 2019, is a Central Public Sector Enterprise (CPSE), under Department of Space (DOS) and is the commercial arm of ISRO. As part of "space reforms" announced by the Government in June 2020, NSIL was mandated to undertake operational satellite missions on a "demand driven" model, wherein it has the responsibility to build, launch, own & operate satellites and provide services to

Dish TV Q3 profit down 7.17% to Rs 80.21 crore, revenue down 12.8%

The company had reported a net profit of Rs 86.41 crore in the October-December quarter a year ago, Dish TV said in a BSE filing

Bharti Airtel withdraws corporate structure announced in April 2021

Bharti Airtel to continue with existing corporate structure, pursuing plan to merge DTH operations with Airtel

DD Freedish reaches India's 40 mn TV homes; South gains maximum 'Pay DTH'

State broadcaster Prasar Bharati's free DTH brand is now at just over half of all pay DTH homes

What explains the stagnation of the cable TV industry in India?

The lure of better quality made people choose DTH and streaming services over wired cables in recent years. What is the status of the cable industry and what is its future outlook? Let's find out

Dish TV lenders invoke pledged shares, sell 51.1 mn shares in open market

In a regulatory filing Dish TV India said "51,197,105 shares have been invoked by the trustee(s) on behalf of lenders to whom shares of Dish have been pledged"

Top headlines: Sebi eases listing rules for large IPOs, Bitcoin hits record

A month into the Covid-19 immunisation drive, as many as 21 states and Union Territories (UTs) have not administered a single shot of Covaxin from Bharat Biotech. Read top news with Business Standard

Bharti Airtel buys Warburg Pincus' 20% stake in DTH arm for Rs 3,126 crore

Airtel, which is locked in a fierce competition with Reliance Jio in the telecom space, aims to align the ownership of its consumer-facing businesses, with the Warburg Pincus transaction

DTH industry remains attractive in mid to long term, says Airtel CEO

DTH market proposition continues to be "attractive" in the medium to long run, Bharti Airtel CEO Gopal Vittal said

TRAI issues recommendations on regulatory framework for DTH services

TRAI has issued its recommendations on the back reference from the Ministry of Information and Broadcasting on the earlier guidelines on the regulatory framework for platform services offered by DTH.

20-year-long DTH licence to provide certainty to industry: Tata Sky

Tata Sky said the government's decision to grant licences to the operators for a longer 20 years would provide certainty to the industry