Shares of Videocon Industries dropped following reports that the company planned to sell its DTH business to a rival company. Shares of Videocon Industries were down 1% at Rs 174.75 on the National Stock Exchange.
The Financial Express quoted a person with direct knowledge of the development, "The idea is to build scale with solid subscribers, but with a lower stake."
Videocon competes with the likes of Airtel Digital, Reliance Digital , Dish TV and Sun TV in the direct to home space. Over the years the business has become extremely competitive though the market too has expanded. Guidelines suggesting compulsory switch by consumers to the digital space has enabled the market to grow.
GoodReturns.in
Notifications
Settings
Clear Notifications
No New Notifications
Notifications
Use the toggle to switch on notifications
Block for 8 hours
Block for 12 hours
Block for 24 hours
Don't block
To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar
Click it and Unblock the Notifications
Close X
Close X
To Start receiving timely alerts please follow the below steps:
Click on the Menu icon of the browser, it opens up a list of options.
Click on the “Options ”, it opens up the settings page,
Here click on the “Privacy & Security” options listed on the left hand side of the page.
Scroll down the page to the “Permission” section .
Here click on the “Settings” tab of the Notification option.
A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification.
Once the changes is done, click on the “Save Changes” option to save the changes.
Click it and Unblock the Notifications
Sign in with Google