DEN Networks to roll out broadband plans

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Cable distribution company DEN Networks intends to use the recently raised funds for consolidating the digitisation process and for broadband rollout, MG Azar told CNBC-TV18.

India-based cable TV distribution company Den Networks has secured an equity investment of USD 110 million from Goldman Sachs. The investment will be used for funding Den Network's growth plans. Categories: Companies: Countries: Add comment Register ...

Shares of Den Networks gain 0.7 percent to trade near their 52-week high of 238.90 rupees after a private equity fund unit of Goldman Sachs Group Inc agreed to invest $110 million in the cable distribution network company.

Investors in the QIP include Nomura, L&T Mutual Fund, DB International and Abu Dhabi Investment Council. After raising funds from Goldman Sachs earlier this week, cable television company DEN Networks Ltd has raised a little over $50 million or Rs ...

DEN Networks Ltd, a leading Indian cable distribution company, has raised a total of $180 million (about R1,000 crore) through mix of preferential placement and qualified institutional placement (QIP).

Den Networks | Tata Tele | Infosys | Parshwanath Corporation | Godrej Properties | Jolly Boards | SMS Pharma | Fairfield Atlas | AstraZeneca | Kingfisher and Coal India are stocks, which are in the news today.

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Market regulator Sebi has disposed of the case against Den Networks and 24 other entities after they made a total payment of Rs.4.93 crore