Dish TV India is the pioneer direct to home entertainment service in the country. It is a division of Zee Entertainment Enterprises and is the biggest medial and general TV entertainment network. The company has other businesses in the country. The company is headed by its Chairman, Subhash Chandra who said that the company has gained back its momentum in the industry after the 2009-2010 financial crisis in India. Currently, the company is gaining an increase of 7.4% in this fiscal year subject to review.
College Retirement Equities Fund based in the US picked up 64.64 lakh shares of Dish TV India. The acquisition for the said shares was priced at approximately Rs32 million. According to a data shown in the stock exchanges, the College Retirement Equities bought 64,640,500 shares in Dish TV India for Rs49.25 per share piece. However the seller of the shares remained to be unknown as it was not mentioned in the data.
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