GECs
Sony takes Dish TV basic tier pricing up by Rs 38
NEW DELHI: Subhash Chandra’s Dish TV has increased the price of its basic tier of DTH service by Rs 38 after Sony-Discovery One Alliance came on board earlier this month.
The basic tier would now cost a consumer Rs 180, plus taxes. Earlier it was priced at Rs 142, exclusive of taxes.
The new pricing is a fair indicator as to the money that Dish TV is paying One Alliance for its channels per subscriber.
However, AXN has been kept out of the basic tier, which includes all the other One Alliance fare and the likes of Zee TV, HBO and three sports channels (ESPN, Star Sports and Ten Sports).
Dish TV’s other packages include Dish Plus package, which comes packed with a wide selection of national and international channels at Rs 125 per month and offers channels like Zee Studio, HBO, TCM, MCM, Reality TV; Dish Bioscope, which features Zee Premier, Zee Action, Zee Classic and Pakistani film channel Filmazia and costs Rs 55 per month. News is packaged in Dish News with Zee Business, Euro News, Euro Sports News, NDTV 24×7, CNBC TV18, Awaaz and CNN Headlines News. The cost: Rs 60 per month.
Dish Pick is an a-la-carte package that allows subscribers to pick and choose extra regional channels. Two channels come for Rs 30 per month, five channels for Rs 50 per month and all regional channels come for Rs 100 per month. (All the prices listed here are exclusive of taxes.) Channels included in this package include Zee TV, Sahara One Zee Punjabi, ETV – Rajastan, ETV – UP, ETV – Bihar, Geo TV, Zee Telugu, Jaya TV, Jeevan TV, Akash Bangla, Zee Bangla, Zee Gujarati and Marathi, India TV and NDTV India.
GECs
Sebi sends show-cause notice to Zee over fund diversion, company responds
Regulator questions 2018 letter of comfort and governance lapses; company vows robust legal response
MUMBAI: India’s markets watchdog has reignited its long-running scrutiny of Zee Entertainment Enterprises, issuing a sweeping show-cause notice that drags the broadcaster and 84 others into a widening governance storm.
The notice, dated February 12, has been served by the Securities and Exchange Board of India to Zee, chairman emeritus Subhash Chandra and managing director and chief executive Punit Goenka, among others. At its heart: allegations that company funds were indirectly routed to settle liabilities of entities linked to the Essel Group.
The regulator’s probe traces its roots to November 2019, when two independent directors resigned from Zee’s board, flagging concerns over the alleged appropriation of fixed deposits by Yes Bank. The deposits were reportedly adjusted against loans extended to Essel Group entities, triggering questions about related-party dealings and board oversight.
A key flashpoint is a letter of comfort dated September 4, 2018, issued by Subhash Chandra in his dual capacity as chairman of Zee and the Essel Group. The document, linked to credit facilities availed by certain group companies from Yes Bank, was allegedly known only to select members of management and not disclosed to the full board—an omission SEBI believes raises red flags over transparency and governance controls.
Zee has pushed back hard. In a statement, the company said it “strongly refutes” the allegations against it and its board members and will file a detailed response. It expressed confidence that SEBI would conduct a fair review and signalled readiness to pursue all legal remedies to protect shareholder interests.
The notice marks the latest twist in a saga that has shadowed the broadcaster since 2019. What began as boardroom unease has morphed into a full-blown regulatory confrontation. The final reckoning now rests with SEBI—but the reputational stakes for Zee, and the message for India Inc on governance discipline, could scarcely be higher.
