Videocon d2h becomes first Indian media company to ring the Opening Bell at NASDAQ

videocond2h-nasdaqVideocon d2h, achieved yet another milestone, as it rang the opening bell at the prestigious Nasdaq stock market in New York . Videocon d2h became the first Indian private company since the year 2000 to list overseas, issuing ADR worth $325 million to the public. To mark the celebrations, Mr Rajkumar Dhoot – Member of Parliament – India & Mr. Saurabh Dhoot – Managing Director of Videocon d2h visited the Nasdaq Market Site at Times Square and rang the symbolic opening bell.

Videocon d2h has achieved several milestones through this listing like becoming the first sizeable Indian listing on US exchanges since 2010 & the 1st Indian Media company to be listed at Nasdaq. At an approx market cap of $1.15 billion, Videocon d2h has become the most valued Indian company at NASDAQ.

Mr. Saurabh Dhoot – Managing Director, Videocon d2h said, “Our listing on the NASDAQ Stock Exchange is a major corporate milestone for the entire Indian Media industry not just Videocon d2h and a testament to the tremendous progress we have made under the Digital India vision of our Hon’ble Prime Minister. This is the success of thousands of Videocon d2h employees working tirelessly and our customers who believed in our brand, product and services. We have just begun…”

Videocon d2h has launched many firsts in the Indian DTH industry like the first to launch the 4K Ultra HD Channel, 1000 GB High Definition Digital Video Recorder, Radio Frequency Remote for DTH, Wireless DTH Headphones, 500 channels & services.

Leave a Reply

avatar
Photo and Image Files
 
 
 

Recent Posts

BSNL Mobile Phone Postpaid Plans: Which One is Best for You?

Out of all the telecom operators out there, the state-led Bharat Sanchar Nigam Limited (BSNL) is fighting tooth and nail...

Here is How Airtel Customers Can Enjoy 1TB Additional Data on Broadband Plans

To prepare a defence against the upcoming rival in the broadband market, the telecom operators and broadband providers are offering...

OnePlus 7 vs OnePlus 7 Pro: What Does the Rs 16,000 Price Difference Get You?

This is the first time that OnePlus has launched two phones side by side in two different variants. 2019 is...