The Delhi High Court Tuesday granted permission to NDTV founders Prannoy Roy and his wife Radhika Roy to travel abroad for three weeks for business purpose and personal reasons. Justice Prathiba M Singh said owing to the professional standing of the petitioners, they do not pose a flight risk and are permitted to travel abroad from July 25 to August 15. The high court allowed them to visit the United Kingdom after fulfilling necessary conditions imposed by the court before the registrar. It also asked them to provide details of their itinerary to the registrar of the high court. The Roys filed the application in a pending petition in which they have challenged the look out circular opened against them at the behest of the Central Bureau of Investigation (CBI) pursuant to lodging of two FIRs over alleged corruption. Their counsel submitted they wish to travel abroad for business and personal reasons, including a visit to Prannoy Roy's brother. The plea was opposed by the counsel f
NDTV made several failed times to block the takeover, citing regulatory restrictions on moving shares
Adani Enterprises said it will pay an additional Rs 48.65 per share to New Delhi Television Ltd investors who sold their shares to the conglomerate
As the Roys have shown, dignity in the newsroom and respect for facts are the best equity in today's news bazaar. It's with this satisfaction that they must walk away, leaving NDTV in new hands
In a sense, then, corporates are entering the media business for the same reason that political parties and political families own media houses - to influence public opinion
Ravish Kumar has been an integral part of NDTV for more than two decades and has been conferred with the prestigious Ramon Magsaysay award and Ramnath Goenka Excellence in Journalism Award twice
Sudipta Bhattacharya, Sanjay Pugalia, Senthil Chengalvarayan were appointed as the Roys stepped down
Tuesday night development completes Round 1 of Adani group's acquisition plan; Round 2 to conclude next week
Ongoing open offer draws bids for 5.3 mn shares as of Monday's close
Last month, the Adani group had written to Sebi, re-affirming its commitment to complete the open offer process for additional shares in NDTV
On Tuesday, NDTV shares closed trade on the BSE at Rs 384.10 apiece, after hitting the 5-per cent upper circuit during the day
Has Indian auto sector entered the fast lane? Will NDTV turn out to be Adani's most challenging acquisition? Will FII flows reduce rate hike fears this week? What is a currency swap? All answers here
Gautam Adani is on an acquisition spree of late. But one of his recent takeover attempts seems to have run into rough weather. Acquisition of NDTV may not be as easy like others. Find out why
On Monday both NDTV and the Adani group sought Sebi's guidance on whether or not RRPR Holdings, the promoter entity of NDTV, can transfer its shares to the Adani group
At the bourses, NDTV has been one of the best performing stocks. In the past three months, the counter has gained nearly 140 per cent, as compared to 8 per cent rise in the S&P BSE Sensex
The existing promoter group (Roy family) of NDTV has claimed Adani group firms had acquired the stake without consulting its promoters, thus, there may be some legal repercussion ahead.
The stock has rallied 20% in the past two trading days to Rs 312.65. It was at its highest level since September 2008
Adjourns hearing to September 3
NDTV promoters will appeal against Sebi fine, manufacturing sector returned to the recovery mode with a softer contraction, according to RBI
The regulator in its order said the loan agreements had clauses that have an adversarial effect on NDTV shareholders