NDTV’s Sreenivasan Jain quits

Sreenivasan Jain, the senior anchor at NDTV, has left the company after three decades. He announced the move on Twitter, writing, “Hi all. Today marks the end of an incredible nearly three-decade run at NDTV. It was not an easy decision to resign, but it is what it is. More on that later.” Jain has […]

NDTV says president, other senior execs resign

New Delhi Television Ltd said on Friday that some more of its senior executives, including President Suparna Singh, had resigned, a move that comes less than a month after the Adani Group took control of about 65 percent of the Indian broadcaster. NDTV’s chief strategy officer, Arijit Chatterjee, and chief technology and product officer, Kawaljit […]

Adani to pay ordinary NDTV stockholders more for shares’ sale

Adani Enterprises said on Tuesday it will raise the amount it pays New Delhi Television Ltd stockholders who tendered their shares in the conglomerate’s open offer to match what it paid the news broadcaster’s founders for their stake. Adani Enterprises said it will pay an additional 48.65 rupees per NDTV share to investors who sold their […]

Adani group gains full control of NDTV; Roys, 4 others resign

Adani group has gained full control of news broadcaster NDTV after it acquired most of the stake of founders, Prannoy Roy and Radhika Roy, at a premium of almost 17 per cent over the rate it paid to minority shareholders of the firm. The Adani Group now holds 64.71 per cent of New Delhi Television […]

Adani finalises takeover of broadcaster NDTV

Indian tycoon Gautam Adani on Friday secured a majority stake in leading news broadcaster NDTV, finalising a hostile takeover that has sparked press freedom fears in the world’s biggest democracy. Adani, 60, is the world’s third-richest person, with an estimated net worth of $130 billion and interests ranging from Australian coal mines to India’s busiest […]

NDTV shares up as founders to transfer 27% stake to Adani

Shares of Indian news broadcaster New Delhi Television Ltd rose over 4 percent on Monday after founders Prannoy Roy and Radhika Roy said they would transfer their 27.26 percent stake in the company to the Adani Group. After the deal, the Indian conglomerate, led by billionaire Gautam Adani, will own 64.71 of NDTV, while the founders […]