Mumbai: The Competition Commission of India (CCI) has approved Bharti Airtel’s acquisition of an additional 20% stake in its direct-to-home (DTH) arm Bharti Telemedia from an affiliate of New York-headquartered private equity firm Warburg Pincus, people with knowledge of the matter told ET. The competition watchdog is expected to publish a detailed public order on …
Direct to Home (DTH) provider, Dish TV, has jumped on the boat to provide bundled traditional and digital services to garner subscriber churn with platform- agnostic content consumption as on-demand viewing getting more prevalent.The DTH company on Tuesday announced the launch of ‘Dish TV Smart+’ to provide customers with access to both TV and Over-the-Top …
TV broadcast distribution companies are bundling traditional and digital services to arrest subscriber churn with platform-agnostic content consumption and on-demand viewing getting more prevalent, say industry executives.Having lost customers to over-the-top (OTT) platforms, traditional TV distribution platforms are looking at bundled services to retain customers. In 2023, the domestic pay TV industry lost two million …
Broadcast sector stakeholders have urged the Telecom Regulatory Authority of India (Trai) to implement complete tariff forbearance to help the pay-TV industry compete with emerging and established platforms like over-the-top (OTT) and DD Free Dish.Tariff forbearance will give the industry freedom to set prices for their services for consumers. On April 18, Trai held an …
In the race of returns, gold appears to have left the S&P BSE Sensex behind by miles in 2024. The yellow metal has approximately given 13% returns on a year-to-date (YTD) basis as against a 4% gain delivered by India’s heartbeat index. In the 30-stock index, 10 have given returns superior to gold in 2024. …
Four of the top 10 valued firms added Rs 1,71,309.28 crore to their market valuation last week with HDFC Bank and Life Insurance Corporation of India (LIC) emerging as the biggest gainers in line with an overall positive trend in equities. On the other hand, six companies from the top 10 pack took a Rs …
MUMBAI – The National Stock Exchange (NSE) of India will launch four new indices in the cash and futures and options segments with effect from April 8. The exchange has proposed online dissemination of indices namely, Nifty Tata Group 25% Cap, Nifty500 Multicap India Manufacturing 50:30:20, Nifty500 Multicap Infrastructure 50:30:20, and Nifty MidSmall Healthcare, according …
The combined market valuation of five of the 10 most valued firms eroded by Rs 1,97,958.56 crore last week, with IT majors Tata Consultancy Services (TCS) and Infosys taking the biggest hit amid volatile trends in equities. Last week, the BSE benchmark climbed 188.51 points or 0.25 per cent. The market valuation of TCS tanked …
MUMBAI: The deal to merge Reliance Industries Ltd (RIL) subsidiary Viacom18 and The Walt Disney Company’s local unit Star India will significantly alter the media and entertainment sector by creating the biggest media entity in the country, said industry executives and experts. The Rs 70,352 crore ($8.5 billion) merged entity, in which RIL will infuse …
The third quarter saw mixed results for pay DTH platforms, with strong subscriber additions during the ICC Men’s Cricket World Cup in October and November countered by losses in December as subscribers shifted to alternative platforms like OTT and DD Free Dish, industry officials said. The pay DTH industry gained an estimated 1 million+ subscribers …