Terming Tata Group the best business group in India, global investor Mark Mobius on Monday recalled that he had met the (recently-deceased) Ratan Tata a few years ago and "despite being a titan of the Indian Industry, he was very humble".
Prime Minister Narendra Modi on Monday said when the world struggles with worries of one kind or another, Indians are talking about the current century as their own, and India shines like a ray of hope amidst challenges from global situations because of a sense of positivity.
NDTV has achieved remarkable success through its innovative partnership with Google, focusing on real-time data insights to refine its content strategy, the media house said.
This means that the existing and longstanding promoters and management of NDTV have exited the company. The Adani group takeover is thus complete. The board also appointed Sanjay Pugalia and Senthil Chengalvarayan as directors on the RRPRH board with immediate effect.
NDTV's scrip opened at Rs 420 on Tuesday and touched a high of Rs 426.40 intra-day before closing at Rs 426.40 on Tuesday.
The board also appointed Sanjay Pugalia and Senthil Chengalvarayan as directors on RRPRH board with immediate effect.
Shares of television channel takeover target company New Delhi Television Ltd (NDTV) hit the BSE upper circuit on Wednesday. The scrip had hit the upper circuit on Tuesday at Rs 384.10 and opened at Rs 403.30 on Wednesday which was also the upper price band.
The Adani Group informed both exchanges, BSE and NSE, that its indirect subsidiary, Vishvapradhan Commercial Pvt Limited (VCPL), had made an open offer to the public shareholders of New Delhi Television Ltd, on Wednesday.
Adani and NDTV deal: Adani Group's takeover of New Delhi Television (NDTV) is still making headlines. The contention is not over yet. They have started a new debate on whether Adani needs clearance from the Income Tax department to take control over NDTV.
Vishvapradhan Commercial, a wholly owned subsidiary of AMG Media Networks, the media arm of Adani group has exercised the rights to acquire 99.5 per cent of the equity shares of RRPR Holding Private Limited, a promoter group company of NDTV.
