NDTV made several failed times to block the takeover, citing regulatory restrictions on moving shares
Stocks to Watch: Infosys and HCL Technologies to announce Q3 results; Sah Polymers to debut on Thursday.
Adani Group plans to set up mega food parks and six multi-modal logistics parks in Dhar, Guna, Damoh, Ujjain and two in Indore
Some of the biggest Adani group backers from the Gulf are likely to be among the largest buyers of the Adani Enterprises' FPO, which is expected to be launched later this month.
NTPC, NHPC, Power Grid, and PFC looking to sell stakes of around 4% each
The plan for B2C (business-to-consumer) apps for consumers comes as an unexpected move by the company
CLOSING BELL: TCS, Maruti, Divis's Labs, HDFC Life and Dr Reddy's were among the handful of stocks that held minor gains
The BSE had sought clarification from Orient Cement on January 3, 2023, regarding reports stating that Adani Group was in talks to buy promoter stake In the company
It can set the stage for another clash between the Adani and Reliance groups
Adani Enterprises said it will pay an additional Rs 48.65 per share to New Delhi Television Ltd investors who sold their shares to the conglomerate
2022 INERTIA Weak returns from minority allocation in small- and mid-caps, limited Adani exposure
The Adani group gained from a continued rally in its existing companies and the acquisition of Ambuja Cement, ACC, and NDTV last year
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 on Friday gained full control of news broadcaster NDTV after it acquired most of founders Prannoy Roy and Radhika Roy's stake at a premium of almost 17 per cent over the rate it paid to minority shareholders of the firm. Adani group now holds 64.71 per cent of New Delhi Television Ltd (NDTV), according to a regulatory filing. The group run by Asia's richest man Gautam Adani used RRPR Holdings Private Limited, a company that was founded by the Roys and bear their initials in its name, to buy 27.26 per cent shares from Prannoy Roy and Radhika Roy at a price of Rs 342.65 per share, it said. The price paid to Roys, which translates into Rs 602 crore, is almost 17 per cent premium to Rs 294 a share Adani Group had offered in an open offer to minority shareholders after taking control of RRPR Holdings. Shares of NDTV closed at Rs 345.60 apiece on the BSE. Issuing a statement, Adani group said subsequent to change in control, the Board of NDTV has been further strengthened wi
Adani's entry into NDTV four months ago was also via an indirect route - it could invoke the regulator's scrutiny on grounds that it is unfair to common shareholders
Adani group is rapidly diversifying beyond ports and coal-based businesses into green energy, airports, cement, media, data centers and metals
As both he and PM Modi are from the same state, it makes him the easy target of baseless allegations, says Adani
As both he and PM Modi are from the same state, it makes him the easy target of baseless allegations, says Adani
The order is for supply of CNG cascades made from Type-IV composite cylinder. The delivery of these cascades shall begin from January 2023.
Some firms braved the headwinds and stepped on the gas, others played it safe; green energy turned a bright spot