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The Latest Breaking News from NDTV

NDTV invites VCPL to join application to Income Tax Department over shares

Adani Group unveiled plans last week to control a majority stake in NDTV

The Hindu

Adani’s NDTV takeover is a worrying portent for Indian media: Economist

Billionaire Gautam Adani’s takeover of NDTV has invited media attention not just in India but also abroad. In a recent piece the Economist describes the “tycoon’s takeover bid for an independent broadcaster is a worrying portent”, not least for media freedom.

Newslaundry

In 5 charts: How Gautam Adani became first Asian to reach top 3 richest in world

NEW DELHI: When the world went into Covid-induced lockdowns plunging the global economy into a crisis, the worried investors in India had their eyes on the possible impact on Mukesh Ambani who was then the undisputed leader.

The Times of India

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NDTV promoter entity, Adani write to SEBI, seek clarity on stake sale

The media group's promoters have asserted that the deal cannot go ahead without SEBI's nod

The Hindu

Takeover battle: NDTV promoter entity, Adani group approach Sebi on warrants conversion

NEW DELHI: Adani group and NDTV's promoter entity RRPR Holding Ltd have approached Sebi, seeking clarity on the applicability of the regulator's earlier order regarding the conversion of warrants into shares, a decisive factor in the hostile takeover battle for the media group.

The Times of India

What exactly does NDTV's loan agreement with Reliance-linked firm say?

Billionaire Gautam Adani is set to control at least 29 percent of NDTV for Rs 113 crore. The acquisition, announced last week, triggered an open offer for the Adani group to buy another 26 percent of the TV network for nearly Rs 490 crore – 16,762,530 shares at Rs 294…

Newslaundry

NDTV: the hostile takeover

Large conglomerates owning media units might crimp editorial independence

The Hindu

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NDTV | The outlier in a noisy television news space

The channel that has played a role in modernising India’s TV news reporting and has never shied away from taking critical positions on the government could be controlled by the Adani Group soon

The Hindu

TV Newsance 184: Will Adani take over NDTV?

The big news on TV news this week was about TV news! The Adani-NDTV saga was the talk of the town, but the details were hazy nearly everywhere. Who bought what from whom? What roles do Ambani, Adani and the Roys play? And what are the implications of this game…

Newslaundry

Adani-NDTV tussle intensifies over stake acquisition

Billionaire Gautam Adani-led Adani Group on Friday asserted that no prior approval was needed from market regulator SEBI to acquire 29 per cent stake in NDTV as stated by the media company founded and promoted by Prannoy Roy and Radhika Roy. Read more on Dynamite News:

Dynamite News

RRPR bound to allot equity, its contentions legally untenable: Adani Group

Responding to disclosures by NDTV promoter RRPR Holding Private Limited, the Adani Group has said that the promoter’s contentions are “baseless” and “legally untenable”, and it is bound to “allot equity shares as specified in the warrant exercise notice”.

Newslaundry

Adani group asserts RRPR is bound to transfer NDTV shares to VPCL

In a regulatory filing on Thursday, NDTV had contended that the Adani Group may not be able to complete its deal to buy RRPR Holdings as Prannoy, Radhika Roy have been restrained from dealing in securities by a 2020 SEBI order

The Hindu

Adani says regulatory curbs do not restrict bid to take over NDTV

MUMBAI: Adani Group said on Friday that regulatory restrictions imposed on New Delhi Television Ltd's (NDTV) founders do not affect the conglomerate's attempt to buy a majority stake in the news network.

The Times of India

NDTV may get more time to hand over 29.18 percent stake to Adani

A day after Adani Enterprises announced the acquisition of 29.18 percent stake in NDTV, the TV news network has made two disclosures saying that the Securities and Exchange Board of India has barred its promoters Prannoy Roy and Radhika Roy from buying, selling or dealing with securities.

Newslaundry

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Dynamite News

Adani Group needs SEBI approval to acquire majority stake in the news channel: NDTV

The media company said, Adani Group would need to take approval from market regulator Securities and Exchange Board of India (SEBI) to complete the transaction. Read more on Dynamite News:

The Hindu

Adani stake in NDTV | Promoters cite SEBI ban on dealing in shares

Roys signal inability to meet two-day deadline set by Adani group for transfer of shares

The Hindu

Morning Digest | SC to hear plea to revoke remission of 11 convicts in Bilkis Bano case today; Pakistan calls India’s action over missile incident ‘inadequate’, and more

Here’s a select list of stories to read before you start your day

The Hindu

Congress says acquisition of NDTV is aimed at stifling independent media

Jairam Ramesh refers to PM’s “special friend” and his “over-leveraged company”

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The Hindu

Adani stake in NDTV | Two oligarchs taking over entire media, says Delhi Union of Journalists

Cross-media holdings and media monopolies ensure that the views of the government and big business are replicated without deviation across channels, says the union

Newslaundry

‘NDTV will change fundamentally’: What the news industry makes of the Adani takeover

All calls to NDTV staff on Wednesday were rather short. Asked to comment on the Adani group’s acquisition of their TV network, they declined to speak, even off the record. Coaxing did not help. Several anchors at NDTV 24x7, the network’s flagship English news channel, said they had nothing to…

The Times of India

NDTV stock rises 5%; hits upper circuit limit on Adani group takeover bid

NEW DELHI: NDTV's share price rose 5 per cent, hitting the upper circuit in opening trade on Wednesday, a day after the Adani group launched a hostile bid to take over the media house.

The Guardian - AU

Media freedom fears in India after Modi ally Adani buys 29% stake in NDTV

NDTV, one of the media groups willing to criticise Narendra Modi’s government, faces hostile takeover by country’s richest man

The Hindu

Move to stifle any semblance of independent media: Congress on Adani's NDTV stake

Adani launched a hostile takeover of NDTV, first with an indirect acquisition of a 29.18% stake in the broadcaster followed by an offer to buy out a further 26% controlling stake

The Times of India

Adani buys 29% in NDTV, to make open offer for 26%

MUMBAI: In a transaction that drew an adverse reaction from the promoters of New Delhi Television (NDTV), the media arm of the Adani Group announced the acquisition of a 29% stake in the company.

Newslaundry

How Adani is taking over NDTV without consulting the Roys

Through an indirect deal, the media arm of Adani Enterprises, led by Gautam Adani, the fourth richest person in the world, will acquire nearly 30 percent of NDTV’s shares over the next two days. The deal has kicked in an open offer, under which the Adani group is open to…

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