Dish TV India Ltd is in talks with private equity firms for a stake sale, a top official said on Thursday.
“The talks are on but I will not be able to declare anything for the next two months,” Managing Director Jawahar Goel told television channel NDTV Profit.
The direct-to-home satellite services operator is also passing on the service tax cut to its consumers,”the 2 percent service tax we have passed on to the consumer.”
Earlier this week the government reduced service tax by 200 basis points to 10 percent and trimmed the central excise duty to 8 percent to raise demand for Indian goods and services in an economy facing a slowdown.(Reuters)