New Delhi Television Ltd News

NDTV Q3 results: Loss widens to Rs 55.48 crore due to higher expenses

Media network NDTV Ltd on Saturday reported a widening of consolidated loss to Rs 55.48 crore in the third quarter ended December 31, 2024, impacted by higher expenses. The company had posted a consolidated loss of Rs 10.16 crore in the same quarter last fiscal, NDTV said in a regulatory filing. Consolidated revenue from operations in the quarter under review stood at Rs 132.74 crore compared to Rs 97.95 crore in the year-ago period, the company said. Total expenses in the third quarter were higher at Rs 187.72 crore as compared to Rs 110.23 crore in the same period a year ago, it added. During the quarter, production expenses and cost of services were higher at Rs 54.87 crore as compared to Rs 36.78 crore in the year-ago period and employee benefits expense was also higher at Rs 42.87 crore as compared to Rs 33.88 crore in the same period a year ago. "The strong revenue performance was driven by increased advertising revenue, and the success of high-profile events and digital ...

NDTV loan-repayment case: Delhi court accepts CBI's closure report

A Delhi court on Thursday accepted a closure report filed by the CBI in an alleged case of irregularities by ICICI Bank in accepting loan repayment from NDTV, saying "it appeared to be satisfactory". Special judge Shailender Malik accepted the closure report after going through the report, and the submissions made by the CBI, and the complainant in the case, who said he did not want to file any protest petition being satisfied with the investigation. "Upon going through entire closure report, documents annexed with the same coupled with submissions made by public prosecutor for CBI as well as statement given by the complainant to the effect that he is satisfied with the investigation of CBI in the present case, this court accepts the closure report...as no criminality or violation of Section 19(2) of Banking Regulation Act, 1949 has been found by any of the accused persons. Therefore closure report appears to be satisfactory and hence it is accepted," the judge said. The closure ...

Adani group stocks rally as Hindenburg shuts shop, NDTV surges over 9%

Adani group stocks rallied on Thursday after Hindenburg Research, which made international waves with campaigns targeting billionaire Gautam Adani that wiped billions from market value of his group companies, founder Nate Anderson announced its shutdown. Shares of NDTV surged 9.15 per cent, Ambuja Cements jumped 3.88 per cent, Adani Green Energy rallied 3.35 per cent, Sanghi Industries climbed 3.34 per cent and Adani Power went up by 2.45 per cent on the BSE. The stock of Adani Ports advanced 2.03 per cent, Adani Total Gas (1.78 per cent), Adani Enterprises (1.74 per cent), Adani Energy Solutions (1.54 per cent) and ACC (0.77 per cent). Shares of Adani Wilmar, however, declined 1.19 per cent. In intra-day trade, NDTV zoomed 15.59 per cent, Adani Power surged 9.21 per cent, Adani Green Energy soared 8.86 per cent, Adani Enterprises climbed 7.72 per cent, Adani Total Gas jumped 7.10 per cent and Adani Energy Solutions advanced 6.63 per cent The stock of Adani Ports climbed 5.48 per

Gautam Adani US indictment: Adani Group stocks extend fall by another 11%

In two days, the stock price of Adani Enterprises and Green Energy have tanked by 28%, Adani Energy slipped 27%, while Ports, Power, Total Gas, Wilmar and Ambuja Cements are down between 14% and 18%

Adani Group shares plunge up to 20% post US SEC bribery, fraud charges

Gautam Adani, along with other executives, has been charged by US prosecutors for allegedly bribing ($250 million) Indian officials.

No criminal conspiracy by ICICI officials in NDTV loan repayment case: CBI

There was no collusion, criminal conspiracy or abuse of position by officials of ICICI Bank in accepting repayment of a loan at a reduced rate of interest from promoters of NDTV Prannoy Roy and Radhika Roy, the CBI has concluded in its closure report in the 2017 case. The CBI FIR registered on the basis of a complaint from Sanjay Dutt of Quantum Securities Ltd had alleged that ICICI Bank had sanctioned a loan of Rs 375 crore in 2008 against the entire 61 per cent shareholding of the promoters as collateral. The bank had allegedly accepted the repayment of the loan by reducing the interest rate from 19 per cent per annum to 9.5 per causing a wrongful loss of Rs 48 crore to the bank and corresponding gain to the promoters, it had said. The central investigation agency after nearly seven years of probe came to the conclusion that the reduction of the rate of interest from from 19 per cent to 9.65 per cent as approved on August 5, 2009 was based on various factors -- borrowers' inabili

NDTV Q2 results: Net loss at Rs 52.77 cr as production costs weigh

NDTV's total expenses surged 76% on the back of a jump in operating as well as production and marketing costs, as it continued to invest in newly launched TV channels and infrastructure

Adani group stocks dip up to 17% on new allegations by Hindenburg Research

Adani Energy Solutions, Adani Total Gas, NDTV and Adani Power dropped between 11 per cent and 17 per cent on the BSE in Monday's intra-day trade

NDTV Q1 results: Loss widens to Rs 46.75 cr on higher production costs

Quarterly expenses were surged around 77%, with production costs, among broadcasters' biggest expenses, up 80% and marketing spends related to a newly-launched regional channel tripling