Dish TV says will go ahead with D2h merger despite Videocon insolvency cases

Zee Group’s DTH arm Dish TV said it intends to go ahead with its merger with rival Videocon D2h, having made an assessment of the possible impact of bankruptcy proceedings against D2h’s promoter group by banks. It said it will make further filings with the Registrar of Companies on the merger. “Upon evaluation of the […]

Crompton Greaves says no binding deal with Videocon on Kenstar acquisition

Crompton Greaves, one of India’s biggest electrical durables makers, said it has not executed any binding transaction documents with Videocon Industries on the acquisition of the Kenstar brand in India. Responding to a report in the Economic Times that said a binding offer at Rs 1,400 cr has been submitted, Crompton Greaves said: “The results […]

Videocon launches CCTV camera with built-in 4G connectivity

Videocon Wallcam has launched a CCTV solution with bundled 4G connectivity in association with Vodafone. It unveiled a 4G-enabled vehicle surveillance kit and stand-alone outdoor and indoor CCTV cameras, both with a 4G sim slot to support 4G connectivity. This ensures that the camera can be placed anywhere with 4G connectivity and only the power […]

Spectrum Trading norms to lead to exits — Airtel, Idea, Vodafone, Reliance Jio seen winning

Spectrum trading is likely to lead to consolidation in the Indian telecom industry and four telecom operators — Bharti Airtel, Idea Cellular, Vodafone and Reliance Jio — are likely to emerge the winners — analysts said. “The industry could see emergence of four pan-India players (Bharti Airtel Limited, Vodafone India Limited, Idea Cellular Ltd and […]

Akshay Dhoot joins Videocon as Head of Technology

Akshay Dhoot, nephew of Videocon Group chairman Venugopal Dhoot, has joined Videocon Industries as head of technology. “He brings in a fresh vision and energy towards the futuristic technology in the field of home appliances and consumer electronics. In his new role, Mr. Akshay Dhoot will be instrumental in formulating technologically advanced products at Videocon […]