Shares of NDTV extended losses for the second straight session on Tuesday after the Central Bureau of Investigation (CBI) on Monday raided the residence of senior journalist and co-founder of listed broadcaster Prannoy Roy and other premises linked to the organisation.
The stock fell as much as 4.4% to Rs 57.75 on the BSE after slipping nearly 3% in the previous session.
The investigation agency has registered a case against Roy, his wife and NDTV co-promoter Radhika Roy, their private firm RRPR Holdings and NDTV India. The First Information Report (FIR) also mentions “unnamed ICICI Bank officials” among the suspects. CLICK
