DTH
Tata Sky signs up with Paynimo by TechProcess
MUMBAI: Tata Sky has partnered with TechProcess Payment Services, India’s leading electronic payments company for the Next Gen Digital Payments Platform. This platform will empower multi-mode online and mobile payments for Tata Sky and will provide convenience and safety for consumers to make digital payments.
The Next Gen Digital Payments Platform is a comprehensive multi-mode payment platform which brings the choice in the palms of consumers of paying bills anytime, anywhere. It is interoperable with more than 185+payment modes including credit and debit card, net-banking e-wallets and the likes. The platform is a single integration omni-channel payment solution compatible with online and mobile channels.
“Tata Sky has a strong commitment of ushering new benchmarks in the industry. Our latest initiative with TechProcess is one such endeavour reflecting strong customer-centric focus. This platform will help our subscribers to make payments in the most convenient mode possible”, said a Tata Sky spokesperson.
TechProcess CEO Kumar Karpe said, “Our Next Generation Payment Platform aims to increase the user adoption of mobile payments for Tata Sky. It has a frictionless interface that offers multiple modes of bill payments. We are confident that this innovative platform will improve experience and efficiency thus enhancing the end-user experience for Tata Sky customers.”
The Next Gen Digital Payments platform is built on 15 years legacy of TechProcess for customized payment solutions and provides best-in-class payment success ratio. It has features such as safe storage of card details, intelligent recapture, fraud management tools and switches transactions automatically to acquire banks. The platform also provides dedicated service and support for quickest resolutions.
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MUMBAI: In a breather for Dish TV India, JC Flowers Asset Reconstruction has withdrawn its petition before the National Company Law Tribunal seeking directions to convene an extraordinary general meeting.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.
