Ndtv India

Conglomerate can now propose reconstitution of board, say proxy advisory firms

Since its inception, NDTV's strength has been questioning the establishment on every side of the ideological divide

Ravish Kumar has been an integral part of NDTV for more than two decades and has been conferred with the prestigious Ramon Magsaysay award and Ramnath Goenka Excellence in Journalism Award twice

This is the fourth straight day that the stock has hit the upper circuit, BSE data showed

Ongoing open offer draws bids for 5.3 mn shares as of Monday's close

The offer, for 16.7 million shares at Rs 294 apiece, will close on December 5. The size of the open offer is nearly Rs 493 crore

Last month, the Adani group had written to Sebi, re-affirming its commitment to complete the open offer process for additional shares in NDTV

Second time in eight years that TRAI will be issuing guidelines. Comes amid the Adani-NDTV spat. Regulator had released consultation paper in April

Last week, the Adani group had revised the open offer timeline to Nov 22; offer price of Rs 294 a share is at a 24% discount to NDTV's closing price of Rs 365.85 on Monday

NDTV, which had postponed its 34th AGM to September 27 from the earlier fixed date of September 20, said it has completed the dispatch of notice for the shareholders meeting on September 3, 2022

Adani Enterprises said that the RRPR disclosure lacked bonafides and had no merit or basis either in law or in fact and was misconceived

NDTV had earlier said Sebi had restrained the Roys from buying, selling or otherwise dealing in securities, directly or indirectly, for a period of two years, ending on November 26 2022

The media company said that the deferment was due to the processes required after the notice and public announcement of the open offer made by Vishvapradhan Commercial (VCPL)

Says any subsequent attempt to return money received or original warrant certificate will have no legal effect on exercise of warrants by VCPL

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

Shares of NDTV have rallied four-fold since December 2021, staging one of its biggest rally since 2007-08. On the upside, the stock can surge to Rs 450.

The author recounts how disagreements between NDTV and Star India's ad sales team triggered a split between the two in this exclusive excerpt

NDTV India was banned for a day after govt accused it of broadcasting sensitive information related to Pathankot attack

'There cannot be two opinions on the nation's security and I fully support the one-day ban on NDTV India,' Goel said

Editors, politicians come down heavily on government for 'harsh' step