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"
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
The telecom industry body was responding to a DOT consultation paper, which aims at reviewing the existing legal and regulatory provisions governing telecommunications
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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
State broadcaster Prasar Bharati's free DTH brand is now at just over half of all pay DTH homes
The promoters had offered a substantial portion of their equity as security for the credit facilities availed of by Essel Group
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Direct-to-home operator Dish TV on Friday said it has received a demand notice from the government for payment of Rs 4,164.05 crore, which includes licence fee and interest.
The licence fee has also been lowered from 10 per cent of gross revenue to 8 per cent. The fee will have to be paid quarterly instead of annual payment as at present
The Telecom Regulatory Authority of India issued a consultation paper seeking views and comments on regulatory framework recommended for direct-to-home (DTH) services
Additionally, pricing parity required as per new regulations meant a 30-35 per cent increase in cable TV tariffs, which eroded the price advantage cable TV enjoyed over DTH
TV distribution in India's Rs 660-billion television industry is fragmented and overregulated