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The Adani Group on Friday contested claims by New Delhi Television that regulatory curbs restricted its founders from selling their stake, prolonging the battle for control of a news network seen as bastion of independent media. NDTV on Thursday sought to block Adani’s move by saying its founders Prannoy and Radhika Roy have since 2020 been […]
Shares in India’s NDTV Ltd. jumped the maximum permitted 5 percent to a 14-year high on Wednesday, after billionaire Gautam Adani’s conglomerate moved to take a near 30 percent stake in the media group that could eventually lead to it taking control. New Delhi Television’s (NDTV) shares surged far beyond the price Adani Group said it […]
By Karan Taurani@Elara Capital As per official announcement, Adani group has acquired VCPL, which holds 29 percent stake in NDTV (indirectly via promoter loans, convertible into shares) and has provided for an open offer to acquire more 26 percent stake at a price of INR 295 (a 20 percent discount vs CMP) – Even basis, […]
India’s Adani Group said on Tuesday its media unit will buy a majority stake in New Delhi Television, one of nation’s most popular, in the most high-profile bet by billionaire Gautam Adani in the vibrant media sector. Adani’s unit will indirectly buy a 29.18 percent stake in New Delhi Television Ltd. and launch an open […]
NDTV has elevated Parimal Dutta to senior vice president, according to an update on his LinkedIn account. He has been associated with the company for over 11 years. He leads the brand solutions team at the news broadcaster. During his career spanning 23 years, Dutta has been associated with The Times of India, Star India, […]
IndianMoney.com, which recently rebranded itself as Ffreedom app, has launched a new show titled ‘Icons of Bharat’, in association with the NDTV Network, to celebrate the unheard-of success stories of Indian farmers, micro-entrepreneurs, and home-makers. The idea of the show was generated from the insight that these people might have led seemingly ordinary lives, but […]
