Tata sky posted loss of Rs.864 crore in FY'08

[karthik.a]

Poor Customer Care Officers in TS are getting paid only from 8k - 10k/MonthDo any one know that?

 

[dheeruyadav]

They are charging hefty some in the form of monthly subscription, they are showing losses. I think it classic example of inefficient:dance: company.

 

[Sushubh]

every business takes some time to become profitable. DTH is a heavy investment requiring field.

 

[saurabh_g]

But seeing the current scenario and the growth in their Losses it seems that it would go up this year as well and i don't see any time near in next 5 years that they will come in profit...

 

[amish]

it all depends on manipulations! they can start showing reduction in losses anytime.

 

[Sushubh]

i bet it benefits them to show losses in this company. they are such a large group. they can easily manipulate the numbers to pay as less tax to government as they can.

 

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[amish]

yes losses wud mean less taxes.

 

[Sushubh]

i think there are cases when businesses can carry off their losses to future years. so they benefit in longer term as well. something like that. i heard about it when i was sitting at a CA's place.

 

[amish]

yes there are tricks, but even i dont have much idea

 

[Dushie]

well, what a great way to run business, by declaring losses ...