Prannoy Roy

As the Roys have shown, dignity in the newsroom and respect for facts are the best equity in today's news bazaar. It's with this satisfaction that they must walk away, leaving NDTV in new hands

Adani group will have nearly 65% shareholding in the media company; two additional directors appointed by Adani on NDTV board

The appointment of directors, NDTV said, would be taken up at its next board meet on December 23

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

In a sense, then, corporates are entering the media business for the same reason that political parties and political families own media houses - to influence public opinion

NDTV had previously said the takeover move "was executed without any input from, conversation with, or consent of the NDTV founders"

Adani Group's open offer for NDTV was to be introduced on October 17 till November 1 but was postponed on not receiving the required approval from the Securities and Exchange Board of India (Sebi)

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

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

This is for past contractual obligations made by RRPR Holdings

VCPL said the contentions raised by RRPR Holdings in a letter are baseless, legally untenable and devoid of merit.

Regulator in 2020 barred Prannoy and Radhika Roy from selling their shares, says news company

Shares of NDTV were locked at the 5 per cent upper circuit for the second straight day, hitting a 14-year high at Rs 403.70 on the BSE on Thursday and rallied 156 per cent in past three months.

On Tuesday the Adani group announced it had exercised rights to acquire an indirect stake of 29.18 per cent in the company

While some people refer to Adani's acquisition of a stake in NDTV as a hostile takeover, others disagree. Read more to find out what a hostile takeover is

NDTV was India's first private producer of news and current affairs shows. Founded by Radhika Roy and Prannoy Roy, it was incorporated on September 8, 1988, as New Delhi Television Private Limited

The court asked NDTV promoters Prannoy Roy and Radhika Roy to apprise it of the shares they hold in the company

The Securities Appellate Tribunal (SAT) has directed NDTV's promoters Prannoy Roy and Radhika Roy to deposit 50 per centof the disgorged amount before markets regulator Sebi

NDTV promoters will appeal against Sebi fine, manufacturing sector returned to the recovery mode with a softer contraction, according to RBI

The regulator in its order said the loan agreements had clauses that have an adversarial effect on NDTV shareholders