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Controlling stake premium of NDTV founders could fetch over Rs 800 crore
Both promoters and ordinary shareholders will earn the same price if they sell shares during open offer according to SEBI’s SAST Regulations.
Adani Group's Rs 493 crore open offer for NDTV to start on 22 November
The offer with a price band of Rs 294 per share will open on 22 November and close on 5 December, said a notice by JM Financial, the firm managing the offer on behalf of Adani Group firms
I-T department nod not needed for Adani to acquire NDTV shares, say experts
The Adani group has acquired a little-known firm, VCPL, that lent over Rs 403 crore to NDTV's founders more than a decade ago in exchange for warrants that allowed the company to acquire a stake of 29.18 per cent in the news group at any time
Adani Group to launch open offer for NDTV on 17 October
The open offer for acquiring 1.67 crore equity shares, for which a price of Rs 294 per share has been fixed, will tentatively close on 1 November
NDTV shares continue to gain; hit upper circuit limit
The company's shares have been rising after Adani group's hostile takeover bid with the announcement of an open offer on Tuesday to acquire an additional 26 per cent stake
Adani group rejects NDTVs assertion of Sebi nod needed for share acquisition
Terming the contentions raised by RRPR as "baseless, legally untenable and devoid of merit", VCPL said the holding firm is "bound to immediately perform its obligation and allot the equity shares" as specified in the Warrant Exercise Notice
Sebi approval 'necessary' for Adani group to acquire NDTV promoters' stake in holding firm RRPR: Filing
In November 2020, Sebi restrained NDTV's founder-promoters Prannoy and Radhika Roy from accessing the securities market, and further prohibiting buying, selling, or otherwise dealing in securities, directly or indirectly, or being associated with the securities market for a period of two years
NDTV stock rises 5%; hits upper circuit limit after Adani group's takeover bid
In a move that has significant ramifications for the media landscape, billionaire Gautam Adani on Tuesday launched a hostile bid to take over NDTV, first with an indirect acquisition of 29.18 per cent stake in the broadcaster followed by an offer to buy out a further 26 per cent controlling stake
Gautam Adani makes foray into news channel space; set to acquire NDTV
The owners of New Delhi Television Ltd (NDTV) said they were completely unaware of the takeover until Tuesday, and that it was done without their consent or any discussion.
Senior TV journalist Nidhi Razdan files complaint with Delhi Police over fake Harvard job offer
A series of emails exchanged with those behind the alleged scam as well as other documents connected with the matter have been enclosed with the complaint.
Nidhi Razdan says Harvard University offer fake, result of 'sophisticated, coordinated' phishing attack
Razdan said she has filed a police complaint and has requested them to "take immediate steps to identify, apprehend, and prosecute the perpetrators of this abominable attack"
Amazon ties up with Indian Railways to transport essential items via 'COVID-19 Parcel Special Trains'; move likely to boost deliveries during lockdown
Amazon India has tied up with the Indian Railways for the transportation of consignments via 'COVID-19 Parcel Special Trains' across the country during the coronavirus lockdown
Somen Mishra on revitalising Dharma with new voices, stories: 'I told all struggling artists I had a foot in the door'
Somen Mishra is the Head of Creative Development (Script) at Karan Johar's Dharma Productions and the Head of Fiction at Dharmatic, the digital arm.
CBI registers fresh case against NDTV founders Prannoy Roy, Radhika Roy for violating FDI rules; channel denies charge
The CBI alleged that the NNPLC, a NDTV company incorporated in London, received total FDI worth $163.43 million and invested the amount in various subsidiaries
SAT upholds Rs 2 cr fine on NDTV for disclosure lapses; firm to appeal in Supreme Court
The tribunal's ruling came on appeals filed by NDTV against Sebi's orders passed in June 2015 and March 2018
Senior NDTV journalist Ravish Kumar bags 2019 Ramon Magsaysay Award; anchor among five recipients this year
Indian journalist Ravish Kumar on Friday was awarded this year's Ramon Magsaysay Award, regarded as the Asian version of the Nobel Prize.
NDTV says SEBI order asking Prannoy and Radhika Roy to step down as directors 'bad in law'; duo to challenge market regulator in court
The Roy couple has also been barred from holding a board or key managerial position at any other listed company for one year, SEBI said while coming down heavily on them and RRPR Holdings Pvt Ltd for what it termed as violation of various regulations by keeping minority shareholders in the dark about three loan agreements.
Daily Bulletin: HC refuses to intervene in doctors' protest in Bengal; Narendra Modi talks tough on terror at SCO summit; day's top stories
Daily Bulletin: Junior doctors in West Bengal continue to protest following no resolution with the TMC government; Narendra Modi raises issue of terrorism at SCO summit in Biskek; India imposes retaliatory tariffs on US imports; and more stories for the day.
Hidden within Narendra Modi’s ‘masterclass’ to first-time MPs is a strong critique not just of the state of India’s media, but of dissent itself
The prime minister’s criticism of the state of the media rests on a hollow basis, for the media is a problem only when it is critical.
Rafale Deal row: Anil Ambani's Reliance Infrastructure slaps The Wire with Rs 6,000-crore defamation suit
The Reliance Group has alleged that The Wire's coverage of the controversy was "false" and that statements made during the discussion were "wholly incorrect and misleading, made with a deliberate pre-determined motive to harm and injure the reputation"