Page 4 - Ndtv

Top headlines: Disinvestment target, RBI imposes penalty on 9 UCBs & more

Business Standard brings you the top headlines this hour

Stocks to Watch: Fusion MicroFinance, Srei, IRCTC, Apollo Tyres, LTI, Paytm

Stocks to Watch Today: Fusion MicroFinance set for its market debut today. Meanwhile, in the F&O segment, BHEL, GNFC, PNB and Sun TV Network are ban period on Tuesday.

Sebi approves Adani's open offer for 26% additional stake in NDTV

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

Adani group gets approval for NDTV open offer boosting takeover bid

Adani is now one step closer to gaining a larger footprint in India's media sector

Stocks to Watch: Hinduja Group, RIL, SBI, LIC, M&M, Hindalco, KRBL, NDTV

Stocks to Watch Today: Shares of Apollo Tyres, Bharat Forge, Grasim, Indiabulls Housing Finance, IRCTC , MMTC, MTNL, SpiceJet and Strides Pharma are likely to see some action owing to Q2 results.

Adani group to launch open offer for NDTV on November 22

The previous timeline for the open offer by Adani was October 17 to November 1

NDTV puts on hold proposed sale of 20% stake in Astro Awani Network

Says CBI approval for the transaction has been withheld; exploring legal options

NDTV Sept quarter profit rises 14% to Rs 13 cr, revenue up 16% to Rs 105 cr

Media firm New Delhi Television Ltd (NDTV) on Wednesday reported an increase of 4.4 per cent in consolidated net profit to Rs 13.03 crore for the second quarter ended September. The company had posted a net profit of Rs 12.48 crore during the July-September quarter a year ago, according to a regulatory filing. Its revenue from operations increased 16 per cent to Rs 105.80 crore during the quarter under review. In the year-ago period, the same stood at Rs 91.21 crore. NDTV's total income in the September quarter was at Rs 107.66 crore, up 9.87 per cent. This is the 12th consecutive profitable quarter for the NDTV Group, the company said in its earnings statement. "Q2 or the second quarter of the year has seen many media companies declaring losses. NDTV, however, had a profitable Q2," it said. NDTV's total expenses in the September quarter rose 8.68 per cent to Rs 91.93 crore. It was Rs 84.58 crore in Q2 FY 2021-22. "The management is aware that advertising in the news genre is ..

Stocks to Watch: IndusInd Bank, Delhivery, Tracxn, Shoppers Stop, ITC, NLC

Stocks to watch today: Tracxn Technologies will make its debut on the bourses Thursday. As per IPO Watch, it may see a muted listing with flat to a negative discount. The issue price is Rs 80 a share

Committed to completing open offer process for 26% NDTV stake: Adani group

Adani Group, which missed the date for the launch of an open offer to buy an additional 26 per cent stake in NDTV, on Wednesday said it is committed to completing the process and has asked SEBI to provide comments on its draft open offer letter. The conglomerate, run by India's richest man Gautam Adani, in August acquired a little-known company that lent over Rs 400 crore to NDTV's founders more than a decade ago in exchange for warrants that allowed the company to acquire a stake of 29.18 per cent in the news group at any time. Post that, Vishvapradhan Commercial Pvt Ltd (VCPL) - the firm that Adani group bought out - announced that it would on October 17 launch an open offer to buy an additional 26 per cent stake from minority shareholdres of NDTV. In a stock exchange filing, Adani Enterprises Ltd said VCPL has urged SEBI "to provide its observations on the Draft Letter of Offer filed in relation to the Open Offer, in accordance with the SEBI (SAST) Regulations." VCPL along with

Sebi moves Supreme Court against SAT ruling in NDTV matter: Sources

Sources said Sebi's appeal before the SC is in order to ensure that the SAT order doesn't set a precedent where promoters of listed companies convert loans into shares without triggering an open offer

Larger sample size needed for BARC to measure viewership, says Zee Media

Comments come as the broadcaster becomes the second to exit the body in seven months

Zee Media exits BARC, 14 news channels to be out of viewership rating

Zee Media sent a letter to the TV viewership measurement company on Friday evening, said sources

Sensex falls 509 pts, Nifty near 16,850; RIL, ITC shed 3%, pharma stocks up

CLOSING BELL: Among sectors, the Nifty Metal, and PSU Bank indices dipped 2 per cent each, while the Nifty Pharma index gained 0.6 per cent

Hostile media bid shows how Asia's richest can align and dominate a sector

The NDTV acquisition, if successful, would make Adani and Ambani straight-up rivals in a sector for the first time, given Ambani's control of large media assets including news channels

Top Headlines: PSBs to hire on monthly basis, Sebi goes to SC, and more

The Securities and Exchange Board of India (SEBI) has moved the Supreme Court against New Delhi Television (NDTV), the media company said

Sebi moves Supreme Court against NDTV over SAT order

The legal proceedings come even as the Adani Group unveiled plans last month to acquire a 29.18% stake in the news network, through the acquisition of VCPL, which holds a 99.99% stake in RRPR Holding

NDTV promoters move Supreme Court against SAT order

This, despite the tribunal reducing the penalty imposed by Sebi from Rs 25 crore to Rs 5 crore.

NDTV pays Rs 10 lakh penalty as directed by SAT in non-disclosure case

In an order dated July 20, SAT had reduced the penalty imposed by Sebi from Rs 5 crore to Rs 10 lakh

No restrictions on RRPR Holding for warrant conversion, says I-T dept

In a disclosure to the stock exchanges, VCPL said it had approached the IT department for clarity on the matter and received a reply from the Additional Commissioner of Income Tax