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India`s Shree Cement falls after report of $2.81 billion tax evasion India's Shree Cement fell 10% on Monday, after NDTV reported on Saturday that tax evasion amounting to 230 billion rupees ($2.81 billion) was found in searches at multiple company locations. ($1 = 81.9650 Indian rupees)
India`s Shree Cement falls after report of $2.81 billion tax evasion
India`s Shree Cement falls after report of $2.81 billion tax evasion
Source: Reuters
26/06/2023 9:51:36 AM
Adani lifts payout for NDTV open offer to match payment to founders Adani Enterprises said on Tuesday it will raise the amount it pays New Delhi Television Ltd stockholders who tendered their shares in the conglomerate's open offer to match what it paid the news broadcaster's founders for their stake. Adani Enterprises said it will pay an additional 48.65 rupees per NDTV share to investors who sold their shares in an open offer between Nov. 22 and Dec 5, taking the payout to 342.65 rupees per share and matching what it paid NDTV founders Radhika an...
Adani lifts payout for NDTV open offer to match payment to founders
Adani lifts payout for NDTV open offer to match payment to founders
Source: Reuters
3/01/2023 4:25:00 PM
AMG Media Networks raises its stake in NDTV to 64.71%  AMG Media Networks Ltd (AMNL), through its indirect subsidiary RRPR, has acquired 27.26 per cent stake in NDTV from Radhika Roy and Prannoy Roy, resulting in a controlling stake of 64.71 per cent in NDTV by AMNL through its subsidiaries, a statement said. The Roys continue to hold a 5 per cent stake in NDTV, a welcome presence in NDTV's new chapter, it said. Gautam Adani, Founder and Chairman of the Adani Group said: "The Adani Group is privileged to further bolster NDTV ...
AMG Media Networks raises its stake in NDTV to 64.71%
AMG Media Networks raises its stake in NDTV to 64.71%
Source: IANS
31/12/2022 9:22:25 AM
Adani Enterprises gains as its arm acquires 27.26% stake in NDTV Adani Enterprises is currently trading at Rs. 3847.00, up by 37.00 points or 0.97% from its previous closing of Rs. 3810.00 on the BSE. The scrip opened at Rs. 3812.10 and has touched a high and low of Rs. 3858.45 and Rs. 3812.10 respectively. So far 5823 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 4189.55 on 21-Dec-2022 and a 52 week low of Rs. 1529.55 on 24-Feb-2022. Last one week high and low of the scrip...
Adani Enterprises gains as its arm acquires 27.26% stake in NDTV
Adani Enterprises gains as its arm acquires 27.26% stake in NDTV
Source: Accord Fintech
30/12/2022 10:54:09 AM
India`s NDTV shares rise after founders sell stake to Adani Shares of Indian news broadcaster New Delhi Television Ltd rose over 4% on Monday after founders Prannoy Roy and Radhika Roy said they would transfer their 27.26% stake in the company to the Adani Group.
India`s NDTV shares rise after founders sell stake to Adani
India`s NDTV shares rise after founders sell stake to Adani
Source: Reuters
26/12/2022 9:42:36 AM
Billionaire Adani to control nearly 65% of NDTV as founders sell stake Indian billionaire Gautam Adani will control 64.71% of New Delhi Television Ltd as the company's founders have decided to sell most of their shares, four months after he launched a takeover of the news network. Adani already held 37% of NDTV after an open offer and an acquisition of a company owned by founders Radhika and Prannoy Roy, despite several unsuccessful attempts by NDTV to block the takeover citing regulatory restrictions on moving shares. The husband-and-wife team will se...
Billionaire Adani to control nearly 65% of NDTV as founders sell stake
Billionaire Adani to control nearly 65% of NDTV as founders sell stake
Source: Reuters
24/12/2022 10:18:19 AM
Adani Enterprises rises as its arm acquires 8.27% stake in NDTV through open offer Adani Enterprises is currently trading at Rs. 4112.50, up by 31.20 points or 0.76% from its previous closing of Rs. 4081.30 on the BSE. The scrip opened at Rs. 4099.00 and has touched a high and low of Rs. 4137.95 and Rs. 4066.00 respectively. So far 69518 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 4,137.95 on 20-Dec-2022 and a 52 week low of Rs. 1529.55 on 24-Feb-2022. Last one week high and low of the scr...
Adani Enterprises rises as its arm acquires 8.27% stake in NDTV through open offer
Adani Enterprises rises as its arm acquires 8.27% stake in NDTV through open offer
Source: Accord Fintech
20/12/2022 2:38:19 PM
Adani Group to have its nominees on NDTV Board The Board of New Delhi Television Ltd (NDTV) has approved a proposal to invite the Adani Group's RRPR Holding Private Ltd to nominate two Directors to the former's Board. The decision was taken at the Board meeting of NDTV that was held on Friday and intimated to the bourses later in the day. RRPR Holding hold 29.18 per cent stake in NDTV. The appointment will be considered in the next meeting of Board of Directors, scheduled to be held on December 23, NDTV said. With the ...
Adani Group to have its nominees on NDTV Board
Adani Group to have its nominees on NDTV Board
Source: IANS
10/12/2022 9:17:39 AM
Markets welcome Adani group gaining substantial stake in NDTV The stock market was upbeat on Tuesday after the Adani group acquired 99.5 per cent holding in RRPR Holding Private Ltd, the promoter group vehicle of news media company New Delhi Television Ltd (NDTV). Accordingly, NDTV's scrip opened at Rs 420 and touched a high of Rs 426.40 intra-day before closing at Rs 426.40 on Tuesday. RRPR Holding is the investment company of NDTV promoters -- Prannoy Roy and Radhika Roy -- that holds 29.18 per cent stake in NDTV, which has three national te...
Markets welcome Adani group gaining substantial stake in NDTV
Markets welcome Adani group gaining substantial stake in NDTV
Source: IANS
30/11/2022 9:55:58 AM
India's NDTV says Prannoy, Radhika Roy resigned as directors of promoter group New Delhi Television Ltd said late on Tuesday founders Radhika Roy and Prannoy Roy had resigned as directors on the board of the promoter group vehicle RRPR Holding Private Ltd. The resignation comes a day after NDTV said an entity backed by the founders had issued shares to a unit of Adani Group, taking the billionaire Gautam Adani-led conglomerate a step closer to taking over the media firm. NDTV, founded in 1988 and owned by husband-and-wife team Prannoy Roy and Radhika Roy, had prev...
India's NDTV says Prannoy, Radhika Roy resigned as directors of promoter group
India's NDTV says Prannoy, Radhika Roy resigned as directors of promoter group
Source: Reuters
29/11/2022 10:48:13 AM
Key Stock News: Max Financial Services, DHFL , Motilal Oswal , NDTV , Kotak Mahindra Bank - ARETE Securities Max Financial Services gets Irdai nod to acquire residual stake in Max Life Max Financial Services, the promoter of insurer Max Life Insurance, has received the insurance regulator’s (Irdai) approval to purchase the remaining stake of 5.17 per cent in the life insurance company held by Mitsui Sumitomo Company Limited (MSI). This transaction is expected to be completed in the next fortnight, the company said in a statement on Monday. DHFL 34,615 cr loan fraud case: Money laundered...
Key Stock News: Max Financial Services, DHFL , Motilal Oswal , NDTV , Kotak Mahindra Bank - ARETE Securities
Key Stock News: Max Financial Services, DHFL , Motilal Oswal , NDTV , Kotak Mahindra Bank - ARETE Securities
Source: ARETE Securities Ltd
29/11/2022 9:41:25 AM
CARE Ratings places NDTV's bank facilities on 'credit watch', shares gallop The shares of Adani group's takeover target satellite channel company New Delhi Television Ltd (NDTV) continued to hit the upward circuit on Monday with the price touching Rs 540.85. The 52-week low price for the scrip was Rs 72. Meanwhile, credit rating agency CARE Ratings has placed ratings assigned to NDTV's bank facilities on credit watch with developing implications following takeover decision by the Adani group. NDTV, which had postponed its 34th annual general meeting ...
CARE Ratings places NDTV's bank facilities on 'credit watch', shares gallop
CARE Ratings places NDTV's bank facilities on 'credit watch', shares gallop
Source: IANS
5/09/2022 3:41:51 PM
Adani Group dismisses NDTV's contention of stake sale needing I-T Dept`s nod Adani Group has rejected NDTV promoter group company RRPR Holding's contention that the Income Tax department has provisionally attached its stakeholding in the media company. In a regulatory filing with the Bombay Stock Exchange (BSE) on Wednesday, Adani Group described RRPR Holding's statement as misconceived and misleading and has asked the NDTV promoter group entity to convert the warrants into equity shares. Adani Group's letter to BSE came after RRPR Holding informed V...
Adani Group dismisses NDTV's contention of stake sale needing I-T Dept`s nod
Adani Group dismisses NDTV's contention of stake sale needing I-T Dept`s nod
Source: IANS
2/09/2022 9:19:21 AM
India's National Stock Exchange to add Adani Enterprises to benchmark index  India's National Stock Exchange (NSE) will add Adani Enterprises, the flagship company of Indian coal-to-edible-oils conglomerate Adani Group, to its benchmark Nifty 50 index effective Sept. 30, the NSE said on Thursday. To make room for Adani, Shree Cement will be removed from the index, the NSE said, adding the changes are part of its periodic review. Adani Group, controlled by Asia's richest person Gautam Adani, has several publicly listed companies in sectors including...
India's National Stock Exchange to add Adani Enterprises to benchmark index
India's National Stock Exchange to add Adani Enterprises to benchmark index
Source: Reuters
2/09/2022 9:16:44 AM
India's NDTV invites VCPL to join application to Income Tax Dept over shares  New Delhi Television Ltd said late on Wednesday that it had invited Vishvapradhan Commercial Pvt Ltd (VCPL) to join its application to Income Tax authorities regarding provisional attachment of the television channel's shares in 2017. NDTV said in a statement its shares held by parent RRPRH were provisionally attached by the Income Tax authorities in 2017. NDTV and Adani Group have locked horns in public after the group, run by India's richest man Gautam Adani, unveiled pl...
India's NDTV invites VCPL to join application to Income Tax Dept over shares
India's NDTV invites VCPL to join application to Income Tax Dept over shares
Source: Reuters
1/09/2022 10:05:27 AM
NDTV scrip galloping since Adani`s open offer The shares of New Delhi Television (NDTV) Lts have been galloping ever since Adani group made an open offer to acquire 26 per cent stake in the satellite channel company. On Tuesday, at the BSE, the NDTV scrip, with a face value of Rs 4, opened at Rs 467.25 and hit the upper circuit. The scrip had closed at Rs 445 on Monday. Incidentally, the 52 week low price for the scrip was Rs 72. The scrip has been on the upswing since August 23, the day on which the Adani group's AMG Media ...
NDTV scrip galloping since Adani`s open offer
NDTV scrip galloping since Adani`s open offer
Source: IANS
30/08/2022 5:42:21 PM
India's NDTV promoters seek regulatory clarification on VCPL deal  New Delhi Television said early Monday that its promoter group has written to India market regulator asking it to clarify whether the regulator's order in 2020 restricts conversion of warrants issued to Vishvapradhan Commercial Pvt Ltd (VCPL) into equity shares. Indian billionaire Gautam Adani's conglomerate last week said it was seeking to control a majority stake in NDTV.
India's NDTV promoters seek regulatory clarification on VCPL deal
India's NDTV promoters seek regulatory clarification on VCPL deal
Source: Reuters
29/08/2022 9:41:01 AM
Key News: IDBI Bank, NDTV case, IOC, GIC Housing Finance, Govt asks Byju, Debt ratio - ARETE Securities Key News IDBI Bank's CEO says the lender can recover $2.4 billion in bad loans IDBI Bank Ltd.’s chief executive officer said the lender is likely to recoup 195 billion rupees ($2.4 billion) on soured debt in his pitch to potential buyers amid India’s planned auction of the firm. “We are sitting on about 780 billion rupees of fully provided for bad loans, including written-off loans, and around 25 per cent is likely to be recovered,” Rakesh Sharma said in an i...
Key News: IDBI Bank, NDTV case, IOC, GIC Housing Finance, Govt asks Byju, Debt ratio - ARETE Securities
Key News: IDBI Bank, NDTV case, IOC, GIC Housing Finance, Govt asks Byju, Debt ratio - ARETE Securities
Source: ARETE Securities Ltd
26/08/2022 9:56:10 AM
NDTV shares trades 5% up in afternoon trade NDTV shares were trading 5 per cent up, the maximum permitted limit during the afternoon trade, after the company blocked Adani Group's attempt to acquire shares. At 1.40 p.m., shares of NDTV were trading at Rs 407.60, up 5 per cent from its previous close. Earlier on Thursday, NDTV through exchange filing informed that the Securities and Exchange Board of India (SEBI) in November 2020 had banned its promoters from accessing the securities market, and further prohibiting buying, sel...
NDTV shares trades 5% up in afternoon trade
NDTV shares trades 5% up in afternoon trade
Source: IANS
25/08/2022 2:11:45 PM
SAT says control of NDTV not transferred to VCPL via loan agreement 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. On Wednesday, NDTV's share price was hovering at Rs 388. The SAT has held that the loan agreement executed by the NDTV promoters with VCPL did not transfer control of NDTV to VCPL either directly or indirectly and, therefore, the findings given by the AO on the issue that the loan agreement is structured in such a way that in ...
SAT says control of NDTV not transferred to VCPL via loan agreement
SAT says control of NDTV not transferred to VCPL via loan agreement
Source: IANS
24/08/2022 2:11:46 PM
Adani group targets 55.18% stake in NDTV, issues open offer for 26% With an idea to hold 55.18 per cent stake in New Delhi Television Ltd (NDTV), the Adani group has issued an open offer for 26 per cent stake in the news channel at Rs 294 for a share with a face value of Rs.4. The total outlay for 26 per cent, or 16,762,530 fully paid up equity shares of NDTV - if the offer is accepted in full - will be about Rs 483 crore for the Adani group. According to Adani group, the stake acquisition will be in two modes. Firstly, it will be through Vishvapradh...
Adani group targets 55.18% stake in NDTV, issues open offer for 26%
Adani group targets 55.18% stake in NDTV, issues open offer for 26%
Source: IANS
24/08/2022 9:31:51 AM
Bharat Dynamics, NDTV, Adani Green among outperformers in Q12022, Kaiser Corp top mover There is no dull moment in the market as every now and then an outperformer is born, and the first quarter of calendar year 2022 (January-March) is not an exception. Bharat Dynamics, NDTV, Kiran Syntex, Adani Green Energy, Adani Wilmar, Kaiser Corporation, BLS Infotech, Khoobsurat, and Madhusudhan Securities are some of the stocks that helped their respective investors accumulate hefty returns. Out of these mentioned stocks, Kaiser Corporation rose a whopping 2,651 per cent so far in 20...
Bharat Dynamics, NDTV, Adani Green among outperformers in Q12022, Kaiser Corp top mover
Bharat Dynamics, NDTV, Adani Green among outperformers in Q12022, Kaiser Corp top mover
Source: IANS
14/04/2022 12:51:15 PM
NDTV hits 10% upper circuit, shares double since start of 2022 Shares of NDTV on Monday hit the 10 per cent upper circuit. Since the start of 2022, the shares of the news outlet gained 98 per cent, exchange data showed. On Monday, it closed the day at the upper circuit at Rs 227 per scrip. In early January, 2022, the shares were at around Rs 115. On December 1, 2021, the company entered into a 10-year deal with Taboola, a global leader in powering recommendations for the open web, helping people discover content as they may prefer. The decade-lo...
NDTV hits 10% upper circuit, shares double since start of 2022
NDTV hits 10% upper circuit, shares double since start of 2022
Source: IANS
22/03/2022 10:43:20 AM
NDTV shares hit 10% upper circuit, up 56% so far Shares of NDTV on Tuesday hit the 10 per cent upper circuit and 56 per cent so far in the calendar year 2022. Keeping pace with changing technologies, the asset-light media house has ramped up its footprints in digital and online space. The media outlet's share prices have risen from Rs 41 on January 1, 2021 to Rs 179 at the time of writing this report, up over 336 per cent during the period. On December 1, 2021, the company entered into a 10-year deal with Taboola, a global lead...
NDTV shares hit 10% upper circuit, up 56% so far
NDTV shares hit 10% upper circuit, up 56% so far
Source: IANS
15/03/2022 4:33:53 PM