New Delhi/Chennai | The two original promoters of New Delhi Television Ltd (NDTV) — Prannoy Roy and Radhika Roy — have decided to sell their 27.26 per cent holding in the company to Adani group’s RRPR Holdings Private Ltd. In a regulatory filing, NDTV said that Roys have decided to transfer 27.26 per cent stake out […]
Tag: NDTV
Senior journalist Ravish Kumar resigns from NDTV
New Delhi | Senior journalist Ravish Kumar has resigned from his post as senior executive editor at NDTV India, according to reports. As per the reports, the news channel is said to have announced his resignation through an internal communication on Wednesday. The Ramon Magasaysay award-winning news anchor used to host the popular programmes ‘Prime Time’, […]
NDTV says exercise of rights by VCPL done without NDTV founders’ consent
New Delhi | In a curious turn of events, NDTV has said that without any discussion with the New Delhi Television Limited (NDTV) or its founder-promoters, a notice has been served upon them by Vishvapradhan Commercial Private Limited (VCPL), stating that it (VCPL) has exercised its rights to acquire 99.50 per cent control of RRPR Holding […]
Adani group subsidiary to indirectly acquire 29.18% stake in NDTV, makes open offer
New Delhi | Adani media arm AMG Media Networks Ltd’s (AMNL) wholly-owned subsidiary VCPL, which holds warrants of NDTV’s promoter group company RRPR Holding Private Ltd (RRPR), entitling it to convert them into 99.99 per cent stake in RRPR, has exercised the option to acquire 99.5 per cent stake in RRPR and acquire control of […]
Relief for NDTV and Roys, SC stays recovery of Rs 27 cr penalty imposed by SEBI
New Delhi | In a relief to Prannoy Roy and Radhika Roy, the promoters of NDTV, the Supreme Court on Friday stayed the recovery of Rs 27 crore penalty imposed by markets regulator the Securities and Exchange Board of India (SEBI). A bench comprising Justices D.Y. Chandrachud and M.R. Shah also directed the Roys to cooperate […]
NDTV promoters to appeal against SEBI order imposing Rs 27 cr fine
New Delhi: Prannoy and Radhika Roy, the founders and promoters of New Delhi Television Ltd (NDTV), along with another promoter entity RRPR Holding, will appeal against the Securities and Exchange Board of India (SEBI) order imposing a total fine of Rs 27 crore for concealing information from shareholders on certain loan agreements. Apart from the Rs […]
Police complaint against NDTV over Tanishq showroom issue
Gandhinagar: The Kutch (East) police has registered a complaint against news channel NDTV for spreading fake news regarding the Tanishq jewellery showroom being vandalised in Gandhidham, following an advertisement by the company. A police complaint was lodged by a person named Ramesh Naran Mayatra in the Gandhidham police station on Thursday evening, following which an FIR […]
Auditors raise doubts over NDTV’s ability to continue as going concern
New Delhi: NDTV’s auditors are of the view that there is a significant doubt on the ability of the company to continue as a going concern. The report was submitted to the board of directors of NDTV on November 12 by BSR & Associates, Chartered Accountants signed by its partner, Rakesh Dewan. The auditors’ report that […]
NDTV’s Prannoy and Radhika Roy not allowed to leave India
New Delhi/Mumbai (1 MIN READ): NDTV founders Prannoy Roy and his wife Radhika were prevented from leaving the country at the Mumbai airport on Friday. The two have return tickets to India for August 16, but were stopped from travelling abroad over alleged corruption cases filed by the Central Bureau of Investigation (CBI) two years ago. […]
Prannoy, Radhika Roy barred from holding any key position in NDTV
Mumbai: Securities market regulator SEBI on Friday debarred NDTV’s promoters Prannoy Roy and Radhika Roy from holding any key managerial positions in the Board or the management of the news channel company for being “involved in fraudulent acts”. Additionally, along with RRPR Holdings, they have been debarred from accessing the stock markets or selling their holdings […]