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 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
Its revenue from the operation fell 16.73 per cent to Rs 608.63 crore during the quarter under review as against Rs 730.97 crore in the corresponding quarter.
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
Company plans to challenge bank over bid to sack board members
The promoters had offered a substantial portion of their equity as security for the credit facilities availed of by Essel Group
The new licensing guidelines could significantly increase the potential liabilities of incumbents when renewing their licences, it said
A sustained move above Rs 38 levels may see an aggressive upside in Hathway Cable and Datacom
Tata Sky said the government's decision to grant licences to the operators for a longer 20 years would provide certainty to the industry
The Union Cabinet approved revision in guidelines for providing direct to home (DTH) services in the country under which licenses would be issued for 20 years
The Telecom Regulatory Authority of India issued a consultation paper seeking views and comments on regulatory framework recommended for direct-to-home (DTH) services
Though TV viewership surged during lockdown, subscribers deleted channels from their package to cut costs
The TRAI's recent effort to micromanage India's television industry will end up hurting everyone - consumers, broadcasters and distributors
At present, DTH or cable TV operators provide only 100 channels for Rs 153. Now, cable operators will have to provide 200 channels for Rs 153
It also said there is no need to mandate physical verification at regular intervals as it will incur a huge cost to the DTH operators and inconvenience to the consumers
A change in the way DTH homes are calculated shows that over 18 million homes are missing. Why does this cause so much joy?
Bharti Airtel, Warburg Pincus to buy Jawahar Goel's 58% stake at Rs 45-50 a share
Consumers must have a choice... and interfering with their freedom is a violation of regulatory framework, says R S Sharma