Page 8 - Ndtv

Sebi approval needed for Adani to secure promoter group's stake: NDTV

Regulator in 2020 barred Prannoy and Radhika Roy from selling their shares, says news company

This Dolly Khanna portfolio stock delivered over 150% returns in 3 months

Shares of NDTV were locked at the 5 per cent upper circuit for the second straight day, hitting a 14-year high at Rs 403.70 on the BSE on Thursday and rallied 156 per cent in past three months.

Top Headlines: NDTV-Adani ownership battle, sugar exports, and more

New Delhi Television (NDTV) can prevent a takeover by the group if it can buy more shares from public shareholders, corporate lawyers told Business Standard

TMS Ep245: Semiconductor chip, low paddy acreage, markets, hostile takeover

Will India become a global player in semiconductor chips? Lower paddy acreage: How will it affect India? Adani acquires stake in NDTV: Will retail investors benefit? What is a hostile takeover?

Adani acquires stake in NDTV: Will retail investors benefit?

The proposed NDTV's takeover by Adani Group marks Gautam Adani's second media bet in 2022. While the acquisition seems to be 'hostile', it is the retail investors that stand to win. Here is a report

What is a hostile takeover?

The remarks made by NDTV's promoters suggest the takeover was against their wishes. Some are even calling it a 'hostile takeover'. Our next report tells more about it

As Adani vies for majority, NDTV becomes priciest electronic media stock

Trading at P/E multiple of 28.5x - nearly 50% higher than industry average of 18.6x

Retail investors to gain from Adani's takeover bid for NDTV: Analysts

At the bourses, NDTV has been one of the best performing stocks. In the past three months, the counter has gained nearly 140 per cent, as compared to 8 per cent rise in the S&P BSE Sensex

Minority shareholders gain focus amid Adani-NDTV ownership battle

Broadcaster may revise open offer price, say corporate lawyers

Newsmaker: Clock clearly ticking for Prannoy Roy in NDTV ownership battle

On Tuesday the Adani group announced it had exercised rights to acquire an indirect stake of 29.18 per cent in the company

How an unpaid loan aided Adani firms to make hostile takeover bid for NDTV

Adani group's acquisition of 34-year-old broadcaster NDTV will help its owner Gautam Adani, the world's fourth-richest man, to join a club of global tycoons in the media business. But behind that acquisition is an unpaid loan that New Delhi Television's (NDTV) founders Prannoy and Radhika Roy had taken from a company linked to rival billionaire Mukesh Ambani in 2009-10. Vishvapradhan Commercial Pvt Ltd had loaned Rs 403.85 crore to NDTV promoter company RRPR Holding Pvt Ltd. Against this interest-free loan, RRPR issued warrants to VCPL entitling it to convert them into a 99.9 per cent stake in RRPR in case it isn't paid-back. VCPL ownership changed hands in 2012. Adani group firm first acquired VCPL from its new owner and exercised the option to convert unpaid debt into a 29.18 per cent stake in the news channel company. Thereafter, it made a Rs 493 crore open offer to buy an additional 26 per cent stake from the public in line with the country's takeover norms. Roys considered ...

LIVE: Nitish wins trust vote after BJP lawmakers walk out of Bihar assembly

From Adani Group acquiring a majority stake in New Delhi Television Ltd (NDTV) to Covid news, catch all the latest live updates here

Target, acquirer, board of directors: Understanding a hostile takeover

While some people refer to Adani's acquisition of a stake in NDTV as a hostile takeover, others disagree. Read more to find out what a hostile takeover is

How Adani Group moved stealthily to acquire NDTV stake: An explainer

At the heart of Adani Group's two-stage plan to snap up a majority stake in NDTV is a little-known Indian company called Vishvapradhan Commercial Private Limited, founded in 2008

Sensex up 54 pts, Nifty holds 17,600; NDTV gains 5%, Adani Enterprises 4%

CLOSING BELL: Technically, shares of NDTV have rallied four-fold since December 2021, staging one of its biggest rally since 2007-08

After Adani Group's acquisition, here's a look at the brief history of NDTV

NDTV was India's first private producer of news and current affairs shows. Founded by Radhika Roy and Prannoy Roy, it was incorporated on September 8, 1988, as New Delhi Television Private Limited

Control of NDTV not transferred to VCPL via loan agreement, says SAT

Against the backdrop of an attempted takeover of NDTV by Adani Media Works, a Securities and Appelate Tribunal (SAT) order of July 20, 2022 assumes significance

Adani Group's open offer lifts NDTV to 14-year high, stock hits upper limit

The existing promoter group (Roy family) of NDTV has claimed Adani group firms had acquired the stake without consulting its promoters, thus, there may be some legal repercussion ahead.

Congress calls Adani's NDTV stake a 'move to stifle' independent media

With billionaire Gautam Adani launching a hostile takeover of NDTV, the Congress on Wednesday alleged that the bid by a company owned by Prime Minister Narendra Modi's "khaas dost (special friend)" is a brazen move to control and stifle any semblance of an independent media. In a stunning move with the potential to change the media landscape, Adani launched a hostile takeover of NDTV, first with an indirect acquisition of a 29.18 per cent stake in the broadcaster followed by an offer to buy out a further 26 per cent controlling stake. The owners of New Delhi Television Ltd (NDTV), one of the nation's most popular news channels, said they were completely unaware of the takeover until Tuesday, and that it was done without their consent or any discussion. In reference to the development, Congress general secretary Jairam Ramesh tweeted, "The news of a deeply over-leveraged company owned by the PM's 'khaas dost' making a hostile takeover bid of a well-known TV news network is nothing bu

Stocks to watch: NDTV, RIL, Canara Bank, Tata Motors, NTPC, NHPC, Hindalco

Stocks to watch today: Adani Group plans to buy 29.18 per cent stake in NDTV; Canara Bank plans to raise up to Rs 3,500 crore via tier II bonds.