DTH
Hathway launches new scheme for cable Internet subscribers
Hathway Cable & Datacom has announced a new scheme to promote Internet through cable as a viable alternative to dial-up. The Silver Starter rate plan offers bandwidth of 64 kbps with a download limit of 300MB. The monthly charge is Rs 650 while the yearly charge is Rs 6500. This is a reduction from the earlier flat fee of Rs 1000 per subscriber. Free e-mail service of 5 mb will also be provided. The Silver Starter plan will exist along with the other schemes where monthly instalments start from Rs 1000 onwards.
The company has also started monthly billing for SMTP Services for domains other than Hathway. The monthly charge is Rs 600 plus the 5 per cent service tax. Earlier this month the company reduced the cable modem price to Rs 7,800 from Rs 9000.
All these initiatives are aimed at attracting Net users in the dial-up system who use around 20 hours a month. The cost of bandwidth has dropped by almost 20 per cent.
Reports indicate that Hathway will not expand the cable Internet service to new areas. Hyderabad will be the only new territory of expansion in the near future. Its service is currently available in Delhi, Pune, Chennai and Bangalore. In Mumbai the company operates from Colaba to Mahim. It also has a presence in the suburb of Chembur.
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MUMBAI: In a breather for Dish TV India, JC Flowers Asset Reconstruction has withdrawn its petition before the National Company Law Tribunal seeking directions to convene an extraordinary general meeting.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.
