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Videocon D2H Ltd, the satellite television arm of Videocon Group, wrote to Sebi about the issue on February 9, requesting to keep the processing in abeyance.
Market regulator Sebi has sought fresh clarifications from the merchant banker of Videocon d2h Ltd, the satellite television arm of Videocon Group, regarding its proposed Rs 700-crore initial public offer (IPO).
Sun Direct needed to optimise its billing operations, create powerful new bundles and improve visibility into customer information across all services.
Bharat Business Channel, satellite TV arm of Videcon Group, has filed its papers with market regulator Sebi to raise Rs 700 crore through an initial public offer (IPO).
The 2G scam is beginning to create ripples abroad. While that was always likely – with companies ranging from Etisalat to Telenor and Maxis having invested in Indian partners who are now under a cloud of suspicion or in jail – for the first time a foreign government has begun to be impacted indirectly.
Tamil Nadu State Assembly imposed a 30% entertainment tax on direct-to-home (DTH) services. This could have a rippling effect on channel biggies such as Sun TV, Raj TV and Dish TV, reports Ekta of CNBC-TV18.
