Daily Post 12-07-2019

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Friday, 12 July 2019

TOP STORY

DEN Networks posts consolidated net profit of Rs 14 cr in Q1

Cable TV and broadband service provider DEN Networks has posted a consolidated net profit of Rs 14 crore for the quarter ended 30th June as against a net loss of Rs 213 crore in the trailing quarter. In the corresponding quarter of the previous fiscal, the net loss stood at Rs 28 crore.

Sony Pictures Sports Network launches #MoreCricket campaign for Ind-WI, Ashes series

Sony Pictures Sports Network (SPSN) has launched its campaign #MoreCricket for the upcoming high-octane cricket series, India tour of West Indies and The Ashes.

CARE upgrades Dish TV’s short-term credit ratings to A3+

In a major boost for direct to home (DTH) operator Dish TV India Limited (DTIL), CARE Ratings has upgraded its short-term credit ratings worth Rs 850 crore to A3+ from A1.

TACTV plans to launch OTT service, secure loans worth Rs 100 cr

Tamil Nadu government-owned Arasu Cable TV Corporation (TACTV) planning to launch its in-house over the top (OTT) service. TACTV also plans to secure a loan worth Rs 100 crore in FY 2019-20 with a government guarantee.

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