Dish TV to pocket $200 million through FCCB


In a significant move, country's premier DTH service provider, Zee's Dish TV today announced that with the help of foreign currency convertible bonds (FCCB), the company will raise up to $200 million (nearly Rs 955 crore). In a disclosure to BSE, Dish TV said, "The board has approved the raising of long-term funds by way of issuance of FCCBs for an amount not exceeding $200 million.

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