Tag: Dish TV

  • TRAI’s consultation: DPOs favour defined CAS/SMS framework; Tata Sky, Airtel, IMCL differ

    TRAI’s consultation: DPOs favour defined CAS/SMS framework; Tata Sky, Airtel, IMCL differ

    MUMBAI: Conditional access system (CAS) and subscriber management systems (SMS) are two key pillars of delivering broadcast services in a secured and encrypted manner to authorised subscribers. However, existing technical requirements for CAS and SMS are generic in nature allowing all type of CAS and SMS systems to exist in the eco-system. Piracy in the distribution of signals occurs due to the deployment of CAS or SMS that do not comply with security protocols as per extant standards. Hence, the Telecom Regulatory Authority of India (TRAI) issued a consultation paper seeking comments on CAS and SMS.

    In response to the consultation paper, most major distribution platform operators (DPOs) have agreed that there is a need to define a framework for CAS/SMS systems to benchmark the minimum requirements of the system before these can be deployed by any DPO.

    Siti Networks has strongly agreed to the need of a framework commenting, “It has been observed that SMS and CAS vendors demand exorbitant amount for upgradation of their CAS/SMS according to the mandatory requirements of the regulations and the service providers does not have any option other than agree to their blackmailing due to the compliance requirement. Any such statutory upgradation in the system should not be burdened on the service providers.”

    Another major MSO, DEN Networks, also thinks that defining the framework for benchmarking the CAS or SMS will help DPOs to choose the right solution. There are various factors in CAS which differs from vendor to vendor as they use proprietary solutions to address the content security.

    GTPL Hathway also reflects the same tone as it says there is certainly an urgent need to define a framework for CAS/SMS systems. It adds that currently all CAS/SMS systems largely vary in terms of both security features and performance features.

    “Under the appliable regulations, DPOs are mandated to grant their customers a free choice to make their own package(s). However, it is pertinent to mention that most CAS available in the market have an upper limit to the number of packages in which the same service/channel can be repeated. Therefore, it is necessary that CAS should be able to be upgraded for offering all services and combinations thereof, available on such platform. Availability of full technical local support in India. Almost all CAS vendors have their experts based out-of-India which may affect DPO’s QoS as the availability of off-shore resources may sometime take time as they help remotely,” it adds.

    Among the DTH platforms, Dish TV also voiced for a comprehensive framework for CAS/SMS system especially for the requirement of end-to-end content protection and transparency in business for the CAS side and an end-to-end business enablement from the SMS side. It has also recommended an operating model wherein the DPO should have direct contract with each stack-holder viz. CAS service provider, SoC/Chipset maker, middleware, security element provider and STB maker wherein the CAS vendor will be as one of stack holder in entire echo system like others. 

    However, Tata Sky holds a different view. According to the operator, it may be premature to assume that the CAS or SMS systems require benchmarking right now. It adds that existing audits could be successful in identifying the systematic gaps which would force those specific DPOs to upgrade their systems to continue to receive signals from the broadcasters. 

    “We would need to be careful that a new and stringent regulation does not get misused to disenfranchise a large number of DPOs thus leading to another round of subscriber shock and dissatisfaction. If it is still concluded that a framework for benchmarking of the system needs to be created, then it should be arrived at by a multi stake holder consensus approach,” it adds.

    Airtel, which also runs a sizable DTH business, states that the basic and minimum requirements of CAS/SMS are well captured in Schedule III of TRAI regulation. It adds that CAS /SMS being a globally deployed technology, innovations are a constant feature. 

    "To start with, Airtel believes that TRAI can continue to use Schedule III requirements for the CAS /SMS while adding more features to it at regular intervals to make it more robust and to accommodate new innovations in the technology. Hence, there is no need for defining or introducing a new CAS /SMS framework. The requirements listed in Schedule III should be benchmarked as the minimum qualifying requirements for all CAS /SMS solutions operating in India as well as for all future deployment of CAS/SMS by a new DPO,” it states.

    While most MSOs are in favour of a framework, IMCL holds same opinion as Tata Sky and Airtel. “We believe that subject to the CAS/SMS/STB meeting the requirements specified in Schedule III, there is no need for any further assessment or benchmarking of products required in order for DPOs to deploy them within their networks. At most the regulator can “recommend” some preferred products, but there should not be any limit to DPOs being able to purchase or even build their own solutions subject to the requirements specified in Schedule III being met,” it comments. 

    IMCL also highlights that migrating to a new SMS platform as selected by TRAI would result in heavy costs being incurred, customisations having to be re-built into any new platform and large migration exercises to move customers to the new platform. Hence, its portals or mobile applications that are built to support LCOs, MSOs, subscribers and engineering staff would all need to be re-built in order to work with a new SMS platform. This change will result in essentially re-building the business from scratch taking away the business from other revenue-generating activities. 

  • Yes Bank acquires 24.19% stake in Dish TV

    Yes Bank acquires 24.19% stake in Dish TV

    MUMBAI: Yes Bank has acquired 24.19 per cent stake in Essel Group-promoted direct-to-home (DTH) operator Dish TV India Ltd. The bank has informed in a regulatory filing that it has acquired 44,53,48,990 equity shares having nominal value of Re 1 per share. Shares have been acquired on invocation of pledge of shares in a one-time transaction.

    “Shares have been acquired pursuant to invocation of pledge of the shares subsequent to default/breach of terms of credit facilities sanctioned by Yes Bank to Essel Business Excellence Services Ltd, Essel Corporate Resources Private Ltd, Living Entertainment Enterprises Private Ltd, Last Mile Online Ltd, Pan India Network Infravest Lrd, RPW Projects Private Ltd, Mumbai WTR Private Ltd,” Yes Bank said.

    Dish TV reported consolidated unaudited subscription revenues of Rs 798.2 crore and operating revenues of Rs 867.8 crore in the third quarter of FY 20. The company has a bandwidth capacity of 1,422 MHz with an ability to deliver more than 655 channels and services including 40 audio channels and 70 HD channels and services.

    The DTH operator emerged as one of the largest DTH operators with a huge subscriber base after a merger with Videocon D2H back in 2018. Earlier this year, merger talks between Dish TV and Airtel Digital TV reportedly ended with basic differences over each company’s valuations.

  • Dish TV India’s OTT Platform Watcho sees 50% surge in content consumption

    Dish TV India’s OTT Platform Watcho sees 50% surge in content consumption

    MUMBAI: Leading DTH company Dish TV India has rolled out a variety of short format, snackable original content on its OTT platform Watcho in response to the increase in the viewing needs of their customers,

    Over the past one month, the platform has witnessed a 50 per cent surge in content consumption, leading to a steep hike in their subscriber base and adding 1 million new subscribers in a month bringing it up to 3.0 million. Watcho has also seen a spike in the time spent by viewers on the platform during March 2020. This sudden increase can be attributed to the recently added new and fresh content on the platform and the overall surge in consumption of content during the ongoing lockdown.

    Additionally, during the lockdown period, Watcho’s streaming bandwidth has been better optimized to reduce network load on the internet by reducing the native resolution of the app to 480p without compromising on the quality. The company undertook this move to ensure the delivery of uninterrupted content to the viewers and keep them entertained 24*7. 

    “We are excited to share that Watcho has witnessed solid growth in its customer base and content consumption since January 2020. The rapid growth is
    the result of our strategy to create short, engaging content which is the preference of viewers nowadays. Since the inception of Watcho, we have invested in building a unique content library which includes original series & shows, cutting across genres like drama, comedy and Thrillers. As a result, Watcho is fast emerging as the preferred entertainment destination among young audiences,” DishTV India Ltd executive director and group CEO Anil Dua said.

    Focused on short format storytelling for digital consumption, Watcho offers many original fiction shows like 4 Thieves, Love Crisis, Ardhasatya, Mortuary, Chhoriyan, Rakhta Chandana and original influencer shows like Look I can Cook, Bikhare Hain Alfaaz to name a few. Watcho content cuts across all genres including but not limited to; Drama, Comedy, Thriller, Romance, Food, Fashion and Poetry. 

  • ShortsTV brings the best of Indian short films

    ShortsTV brings the best of Indian short films

    MUMBAI: If you have exhausted your watchlist of films and web series and continue to seek unique content options and spellbinding stories, then we have you covered! From science fiction to drama, comedy to crime, ShortsTV brings you a specially curated selection of Indian short films featuring some of the finest talent from Bollywood. Tune in to watch the excellent performances from the likes of Nawazuddin Siddiqui, Jackky Bhagnani, Pravin Dabas, Sonali Kulkarni, among many others as they deliver the thrill of a strong story all under 40mins. ShortsTV is available across platforms such as Tata Sky, Airtel Digital TV, Dish TV and D2H.

    MY SUN SETS TO RISE AGAIN

    Starring Parvin Dabas, My Sun Sets to Rise Again is a beautiful dramatic story of forbidden love and one woman’s dreams that are bigger than the caste system that has suppressed her family for generations. Will her life take an unexpected turn, or will she make her own destiny?

    KALL KARO…SAMBHAL KE

    Directed by Sudhir Achary, the short film is a hilarious take on the incessant calls for insurance, credit card, instant loans…that we all have been troubled by. Here's some payback.

    REWIND

    Marriages are made in heaven. But what if your arranged marriage is with a girl with a past she would like to forget, but which you can never forget?

    CARBON

    Starring Nawazuddin Siddiqui, Jackky Bhagnani and Prachi Desai, Carbon is a dystopian science-fiction short film on global warming. Set in a futuristic world, the short film will underline the emotion of greed overpowering humans inhabiting the Earth.

    THE ETERNAL

    The film is about a boy who has a differently abled mind. He speaks to his Goddess Durga and imagines her talking to him with a lot of love and affection.

    SULTAAN

    Directed by Karan Vyas, Sultaan is the story of a drug dealer whose first offshore drug deal with Indian mafia goes horribly wrong. Watch as a selfish drug dealer survive on the streets of India with help of local slum kids and tries to escapes the country.

  • Dish TV – Bharti Airtel deal called off over valuation differences: report

    Dish TV – Bharti Airtel deal called off over valuation differences: report

    MUMBAI: The deal between direct-to-home (DTH) operator Dish TV’s promoter Essel Group and Bharti Airtel has been called off due to differences over valuation, according to a report in Business Standard.

    Now, the promoters of Dish TV have begun talks with a global financial investor which does not have operations in India, for half of their stakes. According to the report, Essel Group will use the cash from the sale to repurchase a five percent stake in its flagship property Zee Entertainment Enterprises (ZEEL) in the next 12 months.

    The strategy is eventually to go up to 26 per cent, the report added. The Essel group expects Rs 2,000 crore from the deal, if it goes through. Last year, it sold 16.5 percent out of its 22.37 percent stake in ZEEL.

    As Bharti Airtel is looking out at expanding its DTH business to face the challenge thrown by Jio, the deal would have helped Sunil Mittal’s Airtel to emerge as the largest force in the DTH sector. Dish TV’s subscriber base is way higher than that of Airtel Digital TV.

  • Dish TV adds one more channel in its bouquet, launches Fitness Active

    Dish TV adds one more channel in its bouquet, launches Fitness Active

    MUMBAI: With an aim to make its users fit, Dish TV, a direct-to-home (DTH) service provider, has come up with the Fitness Active channel. The service provider has bouquet of channels with the brand called Active.

    The Fitness Active channel to feature Bollywood actor Tiger Shroff teaching and explaining about mix martial art (MMA) along with his younger sister Krishna Shroff, who is also a fitness freak.

     

     According to Dish TV’s official Twitter, “Our Mixed Martial Art guru is here to give you fitness goals this 2020. Join the gang of @iTIGERSHROFF  & Krishna Shroff with #FitnessActive.”

    Urging subscribers to start the new year on a healthy note, the service provider said gives us a “missed call on 18003157803 from registered mobile number to activate the channel at just Rs 40 per month.”

    In a video promo shared on Dish TV’s official Twitter, Tiger Shroff says, “ MMA helped me fight my battles very early in life; that’s why I started MFN – Matrix Fight Night along with my baby sister Krishna, to motivate everyone to win the war within.”

    Dish TV already have a bouquet of channels such as Cine Active, Music Active, Movies Active, Comedy Active, Cooking Active, Bhakti Active, Thriller Active among others.  

  • Broadcasting and cable TV services grew marginally in Q2: TRAI

    Broadcasting and cable TV services grew marginally in Q2: TRAI

    MUMBAI: The Telecom Regulatory and Authority of India in its 2019 September-end quarter report has shown a marginal growth in the broadcasting and cable TV services with respect to the number of private satellite TV channels permitted by the government and pay TV channels as reported by broadcasters.

    TRAI in its performance indicator report has mentioned that there has been continuous growth in the number of private satellite TV channels subject to the government’s approval in the last five quarters.

    It reported that a total number of 910 private satellite TV channels have been permitted by the Ministry of Information and Broadcasting (MIB) for uplinking only/downlinking only/uplinking and downlinking both compared to 851 channels in the same quarter of 2018.

    With respect to quarterly growth in the number of satellite Pay TV channels, TRAI reported at least 330 pay channels, of which 232 SD and 98 HD Pay TV channels compared to 313 pay channels, of which 216 SD and 97 HD Pay TV channels in the same quarter of 2018.

    As the country achieved 100 per cent digitisation of Cable TV network, TRAI said, “This is a stupendous achievement making India as the only large country where 100 per cent digitisation of cable network has been achieved through mandatory regulations.”

    Out of top four Cable TV networks, Siti Networks has topped the chart with over 91 lakh subscribers , whereas DEN Networks stood at the fourth position with 43 lakh subscribers, TRAI report said.

    Meanwhile, GTPL Hathway and Hathway Digital had a tough fight for the second and third spot with difference of few thousands of subscribers, both had 53 lakh subscribers in September ended quarter.

    The report said that there are total 1,606 Multi System Operators (MSOs) registered with the Ministry of Information and Broadcasting (MIB), of these 1,143 MSOs are operational. It further added, there are 12 MSOs & 1 HITS (Head in the Sky) operators who have subscribers base over a million.  

    TRAI while mentioning about Direct-To-Home (DTH) services’ growth said that the DTH service has displayed a phenomenal growth and in all there four pay DTH providers in India.

    According to the report, Pay DTH has attained total active subscriber base of around 69.30 million at the end of September quarter compared to 69.45 million in the same quarter of 2018.

    Tata Sky and Dish TV locking the horns for first and second position in market share, the latter has 31.61 per cent subscribers base and former 31.23 per cent. Whereas, Airtel being at the third position has subscribers base of 23.39 per cent and Sun Direct has 13.8 per cent.

  • DTH service providers say STB interoperability unlikely to succeed in current conditions

    DTH service providers say STB interoperability unlikely to succeed in current conditions

    MUMBAI: Tata Sky, Dish TV and Hathway – Indian direct to home (DTH) service providers have provided their inputs to Telecom Regulatory Authority of India (TRAI)’s consultation paper on the issue related to interoperability of set-top-boxes (STB).

    According to Tata Sky’s response, having interoperable STBs will not be desirable due to commercial, technical, security and service-related reasons. The response stated that interoperability will only be viable if the new design of STB will have a reasonable cost with highest standards of quality, but not have any detrimental impact on the STB’s security and privacy features. The current STB ecosystem allows operators to provide secure solutions like HDCP, water-marking, fingerprint, among others at an optimum cost. The serious concern is, will third party manufacturers, developers be able to maintain the same security standards in the interoperable STB?

    As different operators keep entering the market at different points of time, operators use different compressions standards like MPEG2, MPEG4, HEVC, among others. The presence of multiple compression standards comes in the way of interoperability. As the STB model, functionality, processor speed, memory, software configuration, encryption and transmission standards are different with different operators, this will lead to serious compatibility issues if interoperability is attempted.

    The interoperable STB would soon get outdated and obsolete as a requirement would arise for operators to upgrade their STBs. The operator would get stifled by the slow pace of upgrade.

    The BIS standardisation process of various STB features would require significant cost and long gestation period. In the current scenario of the sector, with aggressive and unregulated competition coming in from OTT and mobile operators, STB interoperability is not feasible.

    According to Dish TV’s response, TRAI envisaged that it is not desirable to roll out interoperable STBs for a number of reasons, apart from the technical factors elaborated by Dish TV.  The response states that the dynamics of the STB industry are very rapid and will enable new product cycles at relatively low cost and advanced features which will get impeded, if an elaborated mechanism of interoperability including that of digital video broadcast (DVB)-C and DVB-T will be gone through. It will increase the cost at the same time disproportionately.

    TRAI should not ignore the devices including the STBs the come with broadband and OTT delivery, which are the rapidly gaining segments, having their own technologies of DRM and content protection, based on two way interconnectivity rather than one way DSA and key transfer algorithms.

    The structure of STBs vary in the cable and DTH segments, which does not warrant any interoperability to be mandated between them. DTH STBs have multiple functions that become redundant in cable-based STBs and vice versa.

    Hathway believes that there should be a provision for interoperability of STBs because with the rapid technological advancement, it will provide lot of options to subscribers. The concept is in a preliminary stage and there are not any known examples of STB interoperability available in any other country. The concept could proceed in India methodically but also need to think about various aspects and interests of all the stakeholders involved in the broadcast service value chain.

    At present, the STB architecture is designed in a way which meets the requirements of conditional access system (CAS). STB needs to be tightly bound with the CAS system for content security, which requires some parts of the CAS software to be hardcoded in the STB chipset during the manufacturing process, because of which not all chipsets support all available CAS systems. CAS is a very important component in the eco system of digital TV service. It defines the content security, specifies minimum requirement of STB’s CPU, RAM and FLASH memory, operating system and the requirement of a critical head end component – Multiplexer (MUX).

    MUX is used to encrypt channels based on ECMs generated by the CAS systems. All CAS systems have different methods of generating ECMs, that depends on various parameters like service ID, transport stream ID, source channel, session ID, among others. The length of ECMs varies in different CAS systems, which makes it difficult for MUX vendors to support all available CAS systems.

    The benefits of interoperability cannot be passed on to the subscribers in the case of an MSO, since its functioning is restricted to a specific area. The infrastructure and the set up for provision of services with a MSO and a DTH operator are completely different. The provision of service with a DTH operator is a wireless infrastructure, while with a MSO is a wired set up and depends on a local cable operator for end mile connectivity. A DTH operator can have a boundless reach, but MSO will have a limitation of reach due to infrastructure and geographical conditions.

    Due to the disparity in re-transmission infrastructure of a DTH operator and MSO, the DTH operator will not be in a position to give access to subscribers or customers of a MSO. Hence, STB interoperability for MSO and DTH operators should not be allowed.

  • 2019: Media and entertainment deals that did not happen

    2019: Media and entertainment deals that did not happen

    MUMBAI: Can the mainstream media get it right?

    That’s a question we, at indiantelevision.com, asked through the year. 

    Canards, canards, canards, and more canards are what we read in the mainline dailies.

    Of course, it cut across politics, business, lifestyle, and what have you. But the business press got it so wrong time and again through the year.

    Journalists wanting to scoop each other came out first with a piece of news about a development, which was still to be born.  They were doing their jobs, and hence it made for interesting updates and information. But mostly it made for great merriment, gossip and entertainment. And of course, it impacted the price of the stock on the exchanges.

    We waited expectantly for the development to become a reality, but after promising time and again, it did not. It was a guessing game through the year: “It’s happening; it’s not. It’s happening, no, it’s not.”

    Zee Entertainment Enterprises Ltd (Zeel) was in the spotlight for much of the year . Talks were on between various interested suitors as the Zee promoters worked hard, looked high and low to get out of the tight spot they found themselves in. Their stake in Zeel had been pledged with institutions for funding to diversify and invest in infrastructure and grow as a group. The investment went sour as the infrastructure sector fell into a downward spiral.  And lenders wanted the money back or they would sell the pledged shares, was the fear. The Zeel promoters had a specific time to find alternative partners to bail them out, and  the amount was a hefty Rs 12,000 crore.

    Reports appeared that the Zee had cut a deal with Comcast; it was done or would be done soon, went the press.

    Then news reportedly surfaced that Sony Pictures Networks too had thrown its hat into the ring. A binding offer being received by Zeel from Comcast- Altairos-Lupa Systems was another story that broke; Zee spokespersons denied this was true in the same report.

    Following that with no deal falling in place the newspapers positioned the family as helpless and lost, with investors getting impatient and possibly offloading their equity. Finally, the biz press also said that the Subash Chandra family would be evicted as they would be left with a minority position in the company as investors were not happy at all with the tardiness of the family’s search for money from potential partners. One report said Chandra had left the country – a laughable proposition, knowing the man. Chandra is known to face the bullets and pay the price, no matter what and how much.

    Fast forward to the end of 2019  and none of the predictions came to pass.  

    Instead what happened was that the existing investors in Zeel stepped in to lend the family cash so that they could pay off their creditors and free themselves to focus on the business. The Zeel board then re-elected Punit Goenka as CEO for the next five years. Yes, some independent directors did resign, as did Subhash Chandra as chairman. The latter action was one of the more graceful ones we have seen in corporate India where promoters have stayed stuck to their seats after running their banks and firms to the ground, refusing to go, no matter what the opposition from the board or lenders of institutions. Here, Chandra’s act was voluntary, hence it is worthy of praise.

    But the investors showed faith and confidence in the family by putting down cash on the table and re-electing Punit. Sources, of course, indicate that Chandra though not holding the title of chairperson is still helping in giving direction to the top management at the company from the outside.

    For patriots who want businesses to be controlled by Indians, it was a happy turn of events. It meant that there is a great chance of the family fighting back and possibly over time getting back majority control.  

    Development No 2:

    Airtel is buying Dish TV India to create the world’s largest satellite company with about 39 million subscribers. These headlines ran in the biz press on more than two occasions.  On the first occasion, it said that talks died down because the Goyal family was not happy with the valuation that was being talked about: Rs 30-Rs 35 a share as against the expected Rs 45 or so the reports said.

    Earlier the same media had praised the acquisition of Videocond2h by Dish TV and soon after they were lambasting the deal.  Nonetheless, the M&A  buzz started again soon  Zeel promoters made their announcement that existing investors were helping the company in their times of difficulty.

    Of course, nothing of that sort developed even as Christmas was ending. Jawahar Goel the big boss of Dish TV India got re-elected as chairperson of Dish TV.

    Both Airtel and Dish TV had to issue notices to the exchanges that both companies continue to explore options for their business without confirming or denying whether a deal had been structured or was in the works.

    Observers believe it may never materialise. But we don’t want to add to the speculation that we are accusing the mainstream media of.

    Development No 3:

    Sony is merging its India entertainment operations with Mukesh Ambani’s TV18 ran the masthead in some publications to create a new entity.  They even detailed the deal structure: sony would keep 51 per cent of the new entity, Viacom 24 per cent and the Reliance group 25 per cent. It would be an all-stock deal, said the articles.  And the deal would be announced by 9 December when the senior management was scheduled to visit Mumbai’s famed Antilla home of Mukesh Ambani. It almost seemed like the deal was a certainty. 9 December has come and gone. No announcement has come. We are not saying it may not be realised, but we have to understand that deal-making is not just a shoo-in. That two parties – in this case, three – will agree to terms by just a snap of their fingers. Deal-making takes presentation, search for partners,  negotiation and agreement and then closure.  All through the process, one has to keep a cast-iron stomach, a stony face; squeamishness can be a deal-breaker.

    Who knows? 2020 may see the parleys between the three bearing fruit

    But until the organisations come out clean and make an official announcement: the Sony Pictures and TV18 will be in the realm of fictional imagination.

    Of course there were many other speculative stories that struck the media world wherein the hacks got it wrong. But these were some of the top highlight-able ones. Hope you had a good time reading them.

  • Dish TV re-appoints Jawahar Goel as managing director

    Dish TV re-appoints Jawahar Goel as managing director

    MUMBAI: The board of directors of Dish TV has re-appointed Jawahar Lal Goel as managing director of the company for the period from 17 December 2019 to 31 March 2020. The company has also informed that Goel will also continue to be the chairman of the board of directors post expiry of his tenure as the managing director.

    In the BSE filing, it said, “Upon the recommendation of the nomination and remuneration committee of the board, the board of directors of the company at their meeting held today, i.e. 12 December 2019, have inter-alia considered and approved the re-appointment of Jawahar Lal Goel as the managing director of the company as per the applicable provisions of the Companies Act, 2013 and SEBI regulations.”

    It further says, “While the board was inclined for re-appointing Goel for a longer term, however, in view of the above referred notification, the board has approved the re-appointment of Goel as managing director for the period from 17 December 2019 to 31 March 2020 (both days inclusive), i.e., the date till which he can continue to assume the position of chairman and managing director in terms of the applicable regulatory provisions.”

    Goel has been leading Dish TV as managing director since 6 January 2007 and holds directorship of nine other Indian Public Limited Companies viz, Aplabs Ltd., ASC Telecommunication Ltd, Asian Sky Shop Ltd, Chiripal Industries Ltd, East India Trading Co Ltd, Essel International Ltd, Essel Infraprojects Ltd, Rankey Investments and Trading Company Ltd and Rama Associates Ltd.