Dish TV to invest Rs 70 cr in Sri Lankan subsidiary

Direct-to-home services provider Dish TV is looking to invest Rs 70 crore to expand its presence in Sri Lanka with its subsidiary company, Dish TV Lanka. The Subhash Chandra-promoted company on Thursday reported a net profit of Rs 55 crore for the quarter ended September 30, as a result of an exceptional gain of Rs 76.4 crore.