Hathway & Den
Merger of TV18 Broadcast, Hathway, Den Networks into Network18 called off
Considering that more than a year has passed from the time the board considered the scheme, it has decided to not proceed with the arrangement envisaged in the scheme, Den said in a statement
 "Merger of TV18 Broadcast, Hathway, Den Networks into Network18 called off")
Wabco, Den Networks' OFS fully subscribed; Hathway 40%
All three offer for sale (OFS) were launched by promoters to comply with the 25 per cent minimum public shareholding norms
 "Wabco, Den Networks' OFS fully subscribed; Hathway 40%")
Hathway, Den Network rally up to 20% on Jio GigaFiber launch buzz, PVR dips
Shares of LCOs including Hathway cables and Datacom, Den Networks and GTPL Hathway zoomed in the range of 5 to 20% during the morning deals on the BSE while those of PVR & INOX Leisure slipped up 10%
 "Hathway, Den Network rally up to 20% on Jio GigaFiber launch buzz, PVR dips")
RIL's acquisition of Hathway & Den to hit broadcasters, DTHs: India Ratings
Reliance Industries' acquisition of majority stakes in multiple system operators (MSOs) Hathway Cable & Datacom and DEN Networks augurs well for all the three firms, but will have a negative impact on broadcasters and direct-to-home (DTH) players, according to India Ratings. In a move aimed at becoming the largest player in the broadband as well as the cable TV and DTH market, Reliance Industries (RIL) earlier this month said it will buy 66 per cent stake in Den Networks for Rs 2,290 crore and 51.3 per cent in Hathway Cable for Rs 2,940 crore. India Ratings (Ind-Ra) said this consolidation in the MSO space is negative for broadcasters as their bargaining power to command higher subscription revenue may be impacted. It also said that possibility of Reliance Jio (RJio) to offer bundled plan, which will include both the broadband and pay cable TV markets, would negatively impact DTH players. The acquisition enables RJio to gain a significant foothold across western, ...
 "RIL's acquisition of Hathway & Den to hit broadcasters, DTHs: India Ratings")
