Shares of NDTV were locked in the 10 per cent upper circuit band for the third straight day, at Rs 96.35 today, amid rumours of buyout by Adani Group.
NDTV has denied rumors of Adani Group picking stake in the company
Reports have suggested that Adani Group is looking at Delhi-based companies for its foray into media
The Supreme Court on Friday asked the Sebi to file its reply on NDTV promoters' Prannoy Roy and Radhika Roy's plea seeking penalty proceeding be kept in abeyance
The Roys have sought that the Sebi order imposing the penalty be kept in abeyance till Securities Appellate Tribunal (SAT) decides their appeals.
The outspoken "independent" heroes of a decade ago -people like Vinod Rai, the auditor who couldn't count, remember him? - have quietly vanished into sinecures provided by the next government
The report is an illustration of the axiom that media is the most local of all products
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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
The regulator in its order said the loan agreements had clauses that have an adversarial effect on NDTV shareholders
The promoters' lawyers will appeal against the order and its baseless findings at the Securities Appellate Tribunal, NDTV said in a statement
The final part of the series looks at online news, as a regulatory regime for online content is being put in place
NDTV said the order is based on an inaccurate assessment of facts.
The move relates to a probe conducted by the markets regulator Sebi between September 2006 and June 2008 where violations of insider trading regulations were found
Media firm New Delhi Television Ltd (NDTV) on Monday reported a 54.68 per cent decline in consolidated net profit at Rs 7.55 crore for the quarter ended June
The decision follows the Supreme Court ruling that allowed the revenue department to do so
A new app is happy to bring some sanity back into the news ecosystem
Sebi had rejected the settlements on account of delay in filing the settlement applications
It is alleged that the company floated 32 subsidiaries in several tax haven countries to bring foreign funds to India through sham transactions