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Shares of Dish TV surged as much as 8.5 per cent to Rs 14.15 in the early trade on Wednesday amid media reports that direct-to-home (DTH) operations of the company and Bharti Airtel may merge.
The stock; however, pared almost all its gains to trade just over a per cent higher at 13.20 levels at 09:58 am on the BSE whereas shares of Bharti Airtel were trading flat at Rs 447. In comparison, the S&P BSE Sensex was trading 0.33 per cent higher at 40,372.
The stock; however, pared almost all its gains to trade just over a per cent higher at 13.20 levels at 09:58 am on the BSE whereas shares of Bharti Airtel were trading flat at Rs 447. In comparison, the S&P BSE Sensex was trading 0.33 per cent higher at 40,372.
Bharti Airtel, promoters of Dish TV and private equity firm Warburg Pincus have agreed to merge
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