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BIZARRE: Radhika roy | Mind Blowing Facts

HC quashes I-T notice against NDTV founders, slams Rs 2 lakh fine on tax department

The Delhi High Court has quashed the income tax reassessment notices issued to NDTV founders Prannoy Roy and Radhika Roy in March 2016 over certain interest-free loans to NDTV promoter RRPR Holding, according to Bar and Bench. The court also told the tax department to pay a token cost of…

Newslaundry

Futile to continue with lookout circulars against Roys: Delhi HC to CBI

The Delhi High Court has told the CBI that it would be “futile” to continue with the Lookout Circulars issued against former NDTV promoters Prannoy Roy and Radhika Roy, LiveLaw reported.

Newslaundry

Delhi court accepts CBI closure report in case against Roys

A Delhi court has accepted the CBI’s closure report in a case against NDTV founders Prannoy Roy and Radhika Roy over allegations of criminal conspiracy linked to an ICICI Bank loan.

Newslaundry

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Explained: Why NDTV founders got clean chit 7 years after CBI raids

Seven years ago, the CBI raided NDTV and the homes of its founders, Prannoy and Radhika Roy, in connection with a Rs 375 crore loan they took from ICICI Bank in 2008.

Newslaundry

CBI files closure report in cheating FIR against Prannoy and Radhika Roy

The CBI on Tuesday filed a closure report in a case of alleged cheating against former NDTV promoters and directors Prannoy Roy and Radhika Roy as it could not find legally tenable evidence in the Rs 48 crore loss incurred by ICICI Bank in the settlement of a loan in…

Newslaundry

Year after NDTV exit, Prannoy Roy returns with new venture deKoder

Nearly one year after the Adani Group’s takeover of NDTV, the channel’s founder Prannoy Roy has returned with his new venture deKoder – an AI-driven website and app to analyse issues in several Indian languages.

Newslaundry

SAT quashes SEBI’s insider trading order against Prannoy and Radhika Roy

The Securities Appellate Tribunal yesterday quashed a 2020 order that held former NDTV promoters Prannoy and Radhika Roy guilty of insider trading.

Newslaundry

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Roys’ new innings after NDTV exit: 'Green tech' firm, ‘2 books’

Less than two months after they quit the board of NDTV’s promoter group as directors amid the Gautam Adani takeover, the channel’s former owners Prannoy Roy and Radhika Roy founded Ikroya Tech – a company focussed on technology development and data analysis.

Newslaundry

Adani takes control of NDTV, buys promoters at 17% premium to open offer price

NEW DELHI: Adani group on Friday gained full control of news broadcaster NDTV after it acquired most of founders -- Prannoy Roy and Radhika Roy -- stake at a premium of almost 17 per cent over the rate it paid to minority shareholders of the firm.

The Times of India

Adani Group Completes Majority Acquisition Of NDTV

The Adani Group on Friday said it had acquired 27.26 per cent equity stake in NDTV from the promoters -- Prannoy Roy and Radhika Roy -- indicating that the group had acquired the majority stake in the media firm. Read on ford details:

Dynamite News

From 2022 to 2023: An NDTV without the Roys

At 4 pm on December 23, a meeting took place in a building in Greater Kailash 1, Delhi.

Newslaundry

Prannoy, Radhika Roy to sell most of their NDTV shares to Adani

Days after the Adani Group became the largest shareholder in NDTV, the network’s founders Prannoy Roy and his wife Radhika Roy have said that they will sell 27.26 percent of their remaining 32.26 percent shareholding to the conglomerate.

Newslaundry

Who Owns Your Media: The saga of NDTV

The Adani group’s open offer for additional 26 percent shares of New Delhi Television Limited, or NDTV, that began tendering after over a month’s delay on November 22, 2022, finally came to a close yesterday. Managing to get 31.7 percent of the bid quantity, the group acquired 8.26 percent of…

Newslaundry

It’s easy to forget the contribution of NDTV’s Roys to journalism. It’s time to remedy that

When I was in my last year of high school, a classmate declared that he had seen Prannoy Roy at a petrol pump the previous evening.

Newslaundry

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Newslaundry

Day after Roys quit NDTV promoter board, Ravish leaves channel

A day after Prannoy Roy and Radhika Roy quit as the directors of the board of NDTV promoter RRPRH, noted journalist Ravish Kumar resigned from the channel on Wednesday. The company has “agreed to his request” for the resignation “to be effective immediately”, according to an email sent to the…

The Times of India

Prannoy Roy, Radhika Roy quit NDTV holding company, Adani arm gains control

MUMBAI: Marking a definitive turn in Adani Group's takeover of NDTV, both its founders Prannoy Roy and Radhika Roy on Tuesday resigned from the board of RRPR Holdings, the main holding entity of the promoters that owns a 29.2% stake in the media house. At the same time, three new…

Newslaundry

SEBI takes NDTV to Supreme Court after tribunal reduces penalty for Roys

The Securities and Exchange Board of India has filed civil appeals before the Supreme Court against NDTV, its founder-promoters Prannoy Roy and Radhika Roy, and promoter-group vehicle RRPR.

The Times of India

Takeover battle: NDTV promoter entity, Adani group approach Sebi on warrants conversion

NEW DELHI: Adani group and NDTV's promoter entity RRPR Holding Ltd have approached Sebi, seeking clarity on the applicability of the regulator's earlier order regarding the conversion of warrants into shares, a decisive factor in the hostile takeover battle for the media group.

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The Hindu

NDTV: the hostile takeover

Large conglomerates owning media units might crimp editorial independence

The Hindu

NDTV | The outlier in a noisy television news space

The channel that has played a role in modernising India’s TV news reporting and has never shied away from taking critical positions on the government could be controlled by the Adani Group soon

Dynamite News

Adani-NDTV tussle intensifies over stake acquisition

Billionaire Gautam Adani-led Adani Group on Friday asserted that no prior approval was needed from market regulator SEBI to acquire 29 per cent stake in NDTV as stated by the media company founded and promoted by Prannoy Roy and Radhika Roy. Read more on Dynamite News:

Newslaundry

RRPR bound to allot equity, its contentions legally untenable: Adani Group

Responding to disclosures by NDTV promoter RRPR Holding Private Limited, the Adani Group has said that the promoter’s contentions are “baseless” and “legally untenable”, and it is bound to “allot equity shares as specified in the warrant exercise notice”.

Newslaundry

NDTV may get more time to hand over 29.18 percent stake to Adani

A day after Adani Enterprises announced the acquisition of 29.18 percent stake in NDTV, the TV news network has made two disclosures saying that the Securities and Exchange Board of India has barred its promoters Prannoy Roy and Radhika Roy from buying, selling or dealing with securities.

Dynamite News

Adani Group needs SEBI approval to acquire majority stake in the news channel: NDTV

The media company said, Adani Group would need to take approval from market regulator Securities and Exchange Board of India (SEBI) to complete the transaction. Read more on Dynamite News:

The Hindu

Adani stake in NDTV | Promoters cite SEBI ban on dealing in shares

Roys signal inability to meet two-day deadline set by Adani group for transfer of shares

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