Dish TV

Dish TV crosses eight-million subscribers mark

Dish TV crosses eight-million subscribers mark

Leading DTH operator Dish TV announced on Friday that its subscriber base has gone past eight million mark.

The Essel Group Company also said that now it aims to increase its subscriber base by two million new connections to 10 million by the end of the current financial year.

Speaking to media on the occasion, R C Venkatesh, Chief Executive Officer, Dish TV, said that reaching eight million mark has inspired the company to re-assess its targets for this fiscal and now the company wants to end it with a strong note of three million new subscribers for the year.

UTV signs agreement with Dish TV for UTVi

UTV signs agreement with Dish TV for UTViUTV Global Broadcasting Limited and Dish TV India Limited has inked an agreement for broadcast of UGBL’s English business news channel, UTVi on the latter’s DTH platform.

The sources said that with this alliance, UTVi extends its reach to over 20 million homes across all the DTH platforms in India as well as through cable.

Dish TV to pocket $200 million through FCCB

Dish TVIn a significant move, country's premier DTH service provider, Zee's Dish TV today announced that with the help of foreign currency convertible bonds (FCCB), the company will raise up to $200 million (nearly Rs 955 crore).

In a disclosure to BSE, Dish TV said, "The board has approved the raising of long-term funds by way of issuance of FCCBs for an amount not exceeding $200 million."

Dish TV to add 200-250 channels by next year

Essel group company Dish TV is planning to add another 200 channels by next year to its bouquet to maintain its lead in the space.

The company presently carries about 225 plus channels, and it plans to increase it to 400-450 by next year.

In addition, the company, which has been one of the earliest players in the field, is also looking at strengthening its value-added services vertical. The company currently offers value-added services like ICICI Active where one can get all the information about ICICI's loans and offers.

Dish TV Calls Off Allotment Of Equity Shares To Indivision India

Dish TV, a part of Zee Network Enterprise has called off plans to issue equity shares and warrants to Mauritius-based, Indivision India Partners (IIP) on a preferential basis.

The Board of Dish TV had earlier approved a preferential allotment of equity shares and warrants to IIP. IIP was to subscribe to 12,500,000 equity shares of Re 1/- each at a price of Rs 100 per equity share and 9,615,385 warrants, convertible into 9,615,385 equity shares at a price of Rs 130 per equity share, within a period of 18 months from the date of issue of warrants.

Dish TV Intraday Buy Call

India’s first direct to home entertainment service provider DISH TV has shown positive results from last fey days and has ability to leave the traders in sound position.

After analyzing the stock’s performance, market experts have came to the conclusion that stock of DISH TV is looking attractive for day traders in today’s session.

Stock of DISH TV can be bought by traders for intraday dealings at around Rs 68 with strict stop loss of Rs 66 for achieving a target of Rs 75.