DTH
Autonet Mobile to launch internet service for cars
MUMBAI: Internet service provider for cars Autonet Mobile has announced the debut of a new wireless service for cars at ShowStoppers during the consumer electronics show (CES) 2007 in Las Vegas.
The company also plans to announce an agreement with a car rental company to offer a portable, wireless internet service by the end of the first quarter.
With the wireless broadband mobile network, Autonet Mobile is bringing a new internet media center to vehicles by letting passengers check email, surf the web, game or communicate via any WiFi-enabled device. The service is optimised for the in-car experience, and is specifically designed to work on 95 percent of US roads, regardless of driving conditions or location, asserts an official release.
The Autonet Mobile Unit is priced at $ 399 with a monthly service charge of $ 49.
DTH Operator
JC Flowers withdraws NCLT plea against Dish TV over EGM demand
Move eases pressure on DTH firm as long-running shareholder dispute cools
MUMBAI: In a breather for Dish TV India, JC Flowers Asset Reconstruction has withdrawn its petition before the National Company Law Tribunal seeking directions to convene an extraordinary general meeting.
The development was disclosed by Dish TV in a regulatory filing, confirming that the petitioner chose to withdraw the case during a hearing at the Mumbai bench of the tribunal. A detailed order from the bench is still awaited.
The petition, originally filed under Sections 98 to 100 of the Companies Act, 2013, sought to push for an extraordinary general meeting to address governance issues at the company. The case had its roots in a prolonged shareholder tussle dating back to 2021, when Yes Bank, then the largest shareholder, was at odds with the promoter group led by Subhash Chandra over board reconstitution.
JC Flowers had stepped into the picture as an assignee of Yes Bank’s stressed assets, effectively continuing the legal push initiated earlier. The withdrawal now signals a pause, if not a closure, to that chapter of dispute.
While the reasons behind the withdrawal have not been formally detailed, the move reduces immediate legal pressure on Dish TV, which has been navigating both operational and regulatory challenges in recent years.
For now, the focus shifts back to the company’s business fundamentals, even as the legal dust settles, at least temporarily, on one of its more closely watched shareholder battles.
