Adani Group completes majority acquisition of NDTV, acquires 27.26% shares from Prannoy Roy and Radhika Roy for over ₹602 crore
Adani Group acquires 27.26% equity stake in NDTV from Prannoy Roy and Radhika Roy, now owns 64.72% in the media company
Adani Group acquires 27.26% equity stake in NDTV from Prannoy Roy and Radhika Roy, now owns 64.72% in the media company
After Prannoy Roy and Radhika Roy divested 23.27% stake in NDTV to Adani Group, Adani's stake in NDTV has gone up to to 64.71%
Prannoy Roy and his wife Radhika Roy has resigned from the board of RRPR Holding Private Limited, the holding company of the NDTV promoters
If Adani Group has indirect control over a stake that is more than 25%, it is required by Indian law to make an open offer to buy at least 26%…
The Adani Group has declared an open offer to purchase another 26% interest in NDTV commencing November 22.
Let us examine a few questions and narratives that have emerged out of the Gautam Adani takeover of NDTV - a leftist bastion.
Washington Post that is owned by Amazon's Jeff Bezos, expresses concerns about Adani buying NDTV, calls it worrying for 'press freedom'.
NDTV accused the Adani Group of acquiring a 29% stake in the company without consent, the Adani group has responded to the allegations.
An explainer on what exactly happened with Adani Group and its hostile takeover bid for NDTV.
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