India: Insolvency case against Videocon Industries to delay Videocon-Dish TV merger

The combined entity called Dish Videocon Ltd would be positioned as the leading DTH operator in the country. Photo: Indranil Bhoumik/ Mint

Direct-to-home (DTH) operator Dish TV India Ltd on Thursday pointed to the ongoing insolvency proceedings against Videocon group in the context of the delay in its planned merger with Videocon d2h.

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