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Distribution vet Tony D'silva departs from IMCL

Tomorrow, Tony D’silva will serve his last day as the MD and CEO of IMCL, a wholly-owned subsidiary of Hinduja Ventures.

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IMCL: Hinduja Ventures divests minority stake

MUMBAI: MSO company IndusInd Media and Communications Limited (IMCL)’s parent Hinduja Ventured Ltd. (HVL) has sold 0.13 equity stake in the company to a non-Hinduja Group company for Rs. 46.6 million (Rs. 4.66 crore). The buying company bought into the MSO at a price of Rs. 466 per share based on...

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DAS cases put off to 23 Nov as legal processes incomplete

All legal cases related to third phase of Digital Addressable System (DAS), listed before a division bench headed by Justice G Rohini of Delhi High Court, have been adjourned to 23 November 2016.

Cable TV DAS
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NXT Digital-InCable merger gets shareholder nod; D’Silva bemoans lack of ecosystem support

MUMBAI: Hinduja Ventures Ltd’s (HVL’s) proposal to demerge its NXT Digital headend in the sky (HITS) business from its subsidiary Grant Investrade Ltd (GIL) and merge it into its cable TV MSO offshoot Indusind Media & Communications Ltd (IMCL) got the thumbs up from its shareholders at its...

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