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Dish TV appeals to govt against MTV, Nick

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MUMBAI: Subhash Chandra’s DTH service Dish TV has upped the ante by invoking government help in getting those TV channels on board who have refused to do so till now.


Dish TV’s wrath has been particularly directed at MTV and Nick with which the former has been fighting a legal battle since last year.


In a letter to the information and broadcasting ministry, Dish TV has petitioned that despite sector regulator’s directive on making available content to all platforms and a favourable judgement from disputes tribunal TDSAT, the “conduct of MTV” has been “clearly in violation” of the interconnection regulation of 2004.


Dish TV’s parent ASC Enterprises has contended despite carrying on commercial negotiations with MTV Networks India for several months, the content provider and its distributors in India (One Alliance) have stalled any fruitful conclusion of such talks.


The Dish TV letter to the government states, “We would request you to take cognizance of the consistent refusal of MTV Networks to provide the channels, MTV and Nick, on our DTH platform and non-compliance of the interconnect regulation of Trai (Telecom Regulatory Authority of India)
and the order of TDSAT before the registration certificate for downlinking of (the) channels is granted to the broadcaster.”


The government while acknowledging the letter from Dish said it hasn’t taken a view on the issue yet.


In a related development, an executive of Dish TV said it will be “placing the execution appeal” at the TDSAT within few days.

Contacted by Indiantelevision.com, MTV senior vice-president, network development South Asia (licensing and merchandising) Sanjeev Hiremath, refused to comment saying the matter relating to Dish TV was subjudice.

A spokesperson for Discovery-Sony joint venture One Alliance today said that negotiations with Dish TV have been continuing fruitfully and are “likely to be concluded in a few days time.”


ASC Enterprises, the DTH licence holder for Dish TV, had moved TDSAT in 2005 against MTV’s refusal to provide its channels for the DTH platform.

Early this year, TDSAT directed MTV to make available its channels to Dish TV on a commercial basis within 30 days by 10 March, 2006.


MTV Networks appealed against the TDSAT order in the Supreme Court, which admitted the appeal, but did not stay the disputes tribunal’s order.


During the last hearing on 9 May, the apex court said the case would be taken up again on 12 July after the summer recess.


Dish TV has also moved the TDSAT against Star India on similar grounds of noncompliance of interconnect regulations.

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JioFinance rolls out multi-bank fixed deposit platform

Users can compare, invest and track fixed deposits across issuers in one place

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MUMBAI: The JioFinance app has launched a unified platform allowing users to compare, invest in and track fixed deposits offered by multiple banks and non-banking financial companies, sharpening its push to become a one-stop destination for digital financial services.
The new feature aggregates fixed deposits from a range of issuers, including small finance banks and NBFCs, enabling customers to filter options by interest rate and tenure and complete the entire investment journey digitally.

Interest rates on the platform go up to 8.15 per cent per annum, with users able to view tenure, tax treatment, lock-in conditions and premature withdrawal terms before investing. Once booked, deposits can be monitored through a consolidated dashboard that tracks returns, maturity dates and renewal reminders.

Jio Finance Platform and Service Limited chief executive officer Surbhe S Sharma, said the offering addresses a long-standing pain point for savers, who often struggle to compare issuers and manage deposits spread across institutions.

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Fixed deposits remain one of India’s most popular savings products, and the company is betting that transparency and ease of use will draw users seeking stable, low-risk returns.

The FD marketplace on the JioFinance app is powered by Blostem Fintech Private Limited, which operates as a business correspondent and technical service provider to partner banks and NBFCs.

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