The tribunal's ruling came on appeals filed by NDTV against Sebi's orders passed in a case pertaining to the firm making delayed disclosure to exchanges regarding tax demand
NDTV, however, said it is yet to receive the penalty order from the Securities and Exchange Board of India (Sebi)
In its 51-page order, the markets regulator said all the three key promoters did insider trading by concealing price-sensitive information about three loan agreements
The stock was locked in the upper circuit of 10% at Rs 39.25 on the BSE after NDTV and Taboola, the world's largest content platform signed a five-year exclusive deal worth more than Rs 3 billion.
In September 2015, NDTV Convergence had first signed around Rs 1 billion deal with Taboola for three years
NDTV in a filing with the bourses said that the suit notice is on account of its weekly show 'Truth vs Hype' for a story 'The Ideal Partner in Rafale Deal' broadcasted on NDTV 24x7 on Sep 29, 2018
The stock is locked in upper circuit of 20% at Rs 39 on the BSE in early morning trade on Wednesday.
NDTV said it had initiated a turnaround plan to bring down costs and improve profitability
Group dilutes its share in Fifth Gear Ventures to 43%, from close to 79%; Autobyte Private gets controlling stake
The stock rallied 9% to Rs 62.20 on Wednesday, surging 75% from Rs 35.45 on August 31, 2017.
No coercive step against NDTV on Rs-428 cr I-T demand: HC
Profit after tax improves to Rs 7 cr, against a loss of Rs 3 cr in the same quarter last year
With ITAT's July 14 order upholding tax demand, penalty proceedings are likely to commence shortly
NDTV said that the raids were a witch-hunt and that the company intends to fight the allegations
NDTV did not elaborate on assets the company will consider for sale or date of the Board meeting
In the back of demonetisation, NDTV saw revenue dip due to decrease in ad spending
Action is for not having made a public announcement in 2009 of a 'change of control' of the company
The Hindi news was asked to go off-air on November 9
NDTV has challenged the constitutional validity of the provision of the Cable Television Network (Regulation) Act
Govt puts blackout on hold; apex court to hear case today