Sun to pull out 18 channels from Reliance Big TV bouquet

[Pollard]

The merger plan between the two companies may not go through “as there is some disagreement on the valuation”, industry sources said.
Chennai, Aug. 28:

Sun TV Network Ltd has informed subscribers of Reliance Big TV that it will pull out 18 of its channels from the direct-to-home service provider following Reliance’s “failure to make payments towards outstanding amounts”.

News reports had earlier said Sun Direct was likely to acquire the business of Reliance Big TV and that a due diligence exercise was on. Senior executives at Reliance had then told Business Line that they did not want to comment on speculation. But, according to industry sources, it may take a while to decide this issue, as it calls for a lot of understanding between the two entities. The industry sources now say the merger plan between the two companies may not go through “as there is some disagreement on the valuation”. The two companies have been sharing their back-end facilities for a couple of years now. After a technical glitch in INSAT 4B in 2010, Sun Direct entered into a long-term agreement with Reliance Digital to share the latter’s bandwidth in MEASAT 3.

In this backdrop, Sun TV Network today said in a ‘Public Notice’ that the signals of K TV, Sun Music, Sun News, Gemini TV, Gemini Comedy, Udaya TV, Udaya Comedy, Udaya Movies, Udaya News, Gemini News, Gemini Music, Gemini Movies, Adithya TV, Sun TV, Udaya Music, Chutti TV, Surya TV and Kiran TV will be disconnected after three weeks on account Reliance Big TV’s failure to clear outstandings.

 

[Duke]

So the merger is not going to take place !!! Its time to move beyond RDTV .....

 

[Prashant Shridhar]

But reliance and sun direct was sharing one or two tps which was given by reliance when sun direct migrated from insat-4b to measat..

 

[Duke]

On a Lighter side, since I don't watch south Indian Channels if these channels are removed there would be space for 18 new Channels !!!

 

[dineshakshit1992]

On a Lighter side, since I don't watch south Indian Channels if these channels are removed there would be space for 18 new Channels !!!

Dont worry reliance wont plug out these 18channels,if they remove those channels..then they loose major customer part,and wont stay in dth market.SUN NETWORK is major television company in india...if u dont watch means they plug out those channels???

 

[piinku1]

Dont worry reliance wont plug out these 18channels,if they remove those channels..then they loose major customer part,and wont stay in dth market.SUN NETWORK is major television company in india...if u dont watch means they plug out those channels???

if they remove these 18channels,they will loose customer only in 4 south states.:lol

But why sun channels show so much ads?

 

[dineshakshit1992]

if they remove these 18channels,they will loose customer only in 4 south states.:lol

But why sun channels show so much ads?

Every product sales & success mainly based on southern states(Tamilnadu,andra,kerala,karnataka)...

If 50% business share is for north india means then another 50% based on these states only......

so u dont vomit southindia in any business........

 

[people]

Every product sales & success mainly based on southern states(Tamilnadu,andra,kerala,karnataka)...

If 50% business share is for north india means then another 50% based on these states only......

so u dont vomit southindia in any business........

Chennai got more revenue by making ad next to Mumbai.

 

[me_saket]

http://m.timesofindia.com/business/india-business/Sun-TV-threatens-to-switch-off-signals-to-Big-TV-DTH/articleshow/22131156.cms

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[Adithya Vikram]

A young chartered accountant student from Hyderabad has allegedly hacked into the e-filing of income tax returns account of leading industrialist Anil Ambani, with an intention to know his income and tax amount paid over a period of time, police said on Friday.

The 21-year-old woman, who has been doing her chartered accountancy articleship at Manoj Daga ~~amp;amp; Company in Hyderabad, was booked under relevant sections of Information Technology Act on September 7, after a preliminary investigation and faces arrest in the case.

"The girl hacked Ambani's e-filing of Income-Tax returns account with an intention to check the industrialist's income and tax amount paid by him over the period of time. After hacking the account of the chairman of Anil Dhirubhai Ambani Group (ADAG), she accessed the details of his income, tax amount paid, PAN card number and even changed twice the password of his e-account on the IT website," an official involved in the probe said.


According to police, a chartered accountant firm in Mumbai, which files 54-year-old Ambani's individual tax details, was intimated through an email from IT department on June 26 that as per request, the industrialist's e-return account had been changed.

Again on July 12, the firm received another email stating that second time the password had been changed. As suspicion grew, the ADAG group representative complained to Joint Police Commissioner (Crime) Himanshu Roy, who directed cyber cell inspector Mukund Pawar to probe the case.

"As preliminary probe suggested it as a clear case of cyber crime since it involved hacking into the e-return account, a case was registered on September 7. Probe revealed that the account was hacked from Manoj Daga ~~amp;amp; Company's computer following which a team rushed there and upon questioning, the girl confessed to have hacked into Ambani's account," Pawar said.

The server has been seized, Pawar said adding that, "we have all technical and physical evidence against her. The accused, who is in Hyderabad, will have to face the arrest." The offence was bailable and she will be arrested soon, another police official said.