Dish TV which is Zee Group’s direct-to-home (DTH) service arm, has received clearance from the Competition Commission of India (CCI) for its proposed merger with Videocon Group’s DTH arm Videocon d2h.
The company has said in a statement that “The CCI has intimated the company that it in its meeting held on May 4, 2017, considered the proposed combination and has accorded its approval to the said combination.”
The company has already got the approval from the Securities and Exchange Board of India (Sebi), the National Stock Exchange (NSE) and the BSE for the merger.