Page 19 - Gautam Adani

What is a hostile takeover?

The remarks made by NDTV's promoters suggest the takeover was against their wishes. Some are even calling it a 'hostile takeover'. Our next report tells more about it

Retail investors to gain from Adani's takeover bid for NDTV: Analysts

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

Newsmaker: Clock clearly ticking for Prannoy Roy in NDTV ownership battle

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

LIVE: Nitish wins trust vote after BJP lawmakers walk out of Bihar assembly

From Adani Group acquiring a majority stake in New Delhi Television Ltd (NDTV) to Covid news, catch all the latest live updates here

Target, acquirer, board of directors: Understanding a hostile takeover

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

After Adani Group's acquisition, here's a look at the brief history of NDTV

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

Asia's richest man Adani's conglomerate on deals spree in India, abroad

Indian billionaire Gautam Adani, Asia's richest man, is making his biggest media bet with a bid to buy a majority stake in New Delhi Television (NDTV)

Control of NDTV not transferred to VCPL via loan agreement, says SAT

Against the backdrop of an attempted takeover of NDTV by Adani Media Works, a Securities and Appelate Tribunal (SAT) order of July 20, 2022 assumes significance

NDTV, Sun TV, TV Today: Media-related stocks to see more upside going ahead

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.

Adani Group's open offer lifts NDTV to 14-year high, stock hits upper limit

The existing promoter group (Roy family) of NDTV has claimed Adani group firms had acquired the stake without consulting its promoters, thus, there may be some legal repercussion ahead.

Congress calls Adani's NDTV stake a 'move to stifle' independent media

With billionaire Gautam Adani launching a hostile takeover of NDTV, the Congress on Wednesday alleged that the bid by a company owned by Prime Minister Narendra Modi's "khaas dost (special friend)" is a brazen move to control and stifle any semblance of an independent media. In a stunning move with the potential to change the media landscape, Adani launched a hostile takeover of NDTV, first with an indirect acquisition of a 29.18 per cent stake in the broadcaster followed by an offer to buy out a further 26 per cent controlling stake. The owners of New Delhi Television Ltd (NDTV), one of the nation's most popular news channels, said they were completely unaware of the takeover until Tuesday, and that it was done without their consent or any discussion. In reference to the development, Congress general secretary Jairam Ramesh tweeted, "The news of a deeply over-leveraged company owned by the PM's 'khaas dost' making a hostile takeover bid of a well-known TV news network is nothing bu

Top Headlines: India's nuclear power push gains traction; Adani-NDTV deal

Gautam Adani's group said it will buy a majority stake in New Delhi Television Ltd (NDTV) as it looks to boost media investments as part of an ambitious expansion plan

Adani to acquire 29.18% in NDTV; makes Rs 493-cr open offer for another 26%

This came as AMNL's wholly-owned subsidiary VCPL had warrants of RRPR Holding Pvt Ltd, the holding company of NDTV

Adani's ports-to-power conglomerate 'deeply overleveraged': CreditSights

The aggressive expansion pursued by the Adani Group, led by Asia's richest person, has put pressure on its credit metrics and cash flow, CreditSights said

Adani Power gains 4%, hits new high on DB Power deal; up 47% in one month

The acquisition of DB Power's thermal power assets will help the company to expand its offerings and operations in the thermal power sector in the state of Chhattisgarh.

Adani Group gets Sebi approval for $3.8 billion open offer for Ambuja, ACC

The group, led by Asia's richest person Gautam Adani, is set to make an offer to buy 26% of Ambuja Cements Ltd. for 385 rupees per share and the same stake for 2,300 rupees per share of ACC Ltd

As Gautam Adani gets Z security, a look at the X, Y, Z and Z+ of protection

The all-India cover is expected to cost Adani about Rs 15-20 lakh per month

Centre grants Z category VIP security cover to industrialist Gautam Adani

Billionaire industrialist and Adani Group Chairman Gautam Adani has been accorded a 'Z' category VIP security cover of CRPF commandos by the central government, official sources said Wednesday. They said the all-India cover will be on a "payment basis" and is expected to cost about Rs 15-20 lakh per month. The security cover under the central list was accorded to Adani, 60, on the basis of a threat perception report prepared by central security agencies, they said. The Union Home Ministry has asked the Central Reserve Police Force (CRPF) VIP security wing to take over the job and its squad is now with the protectee, they said. RIL Chairman Mukesh Ambani was given a 'Z+' category cover of CRPF commandos by the Union government in 2013, followed by a lower category cover to his wife Neeta Ambani some years later.

Gautam Adani to address Forbes Global CEO Conference in Singapore

Adani Group Chairman Gautam Adani will join Singapore Deputy Prime Minister and Finance Minister Lawrence Wong to address the Forbes Global CEO Conference in Singapore on September 26-27. Some 400 leading CEOs, entrepreneurs and investors are expected to convene at the 20th Forbes Global CEO Conference to share insights, spotlight opportunities and stake out the way forward, Forbes Media announced on Wednesday in Singapore. Adani will be making a keynote speech on the second day of the conference, where, to date, some 40 speakers have confirmed their participation. One of the highlights on the opening day of the conference is a one-on-one dialogue between Wong and Steve Forbes, Chairman and Editor-in-Chief of Forbes Media. Among the speakers are Indian business leaders such as Ajay Banga, Vice Chairman of General Atlantic, Byju Raveendran, Founder and CEO of Byju's and Adar Poonawalla, CEO of Serum Institute of India. William Adamopoulos, CEO/Asia, Forbes Media, said, We are delig

Adani group to invest Rs 57,575 cr to set up alumina mill in Odisha

In a press statement, the group said it will set up a 4-million tonnes a year alumina refinery near bauxite mines as well as an iron ore project