Fridge buyers get 6 years younger in a decade.Indian companies are still buying Russian oil using dollars.NDTV operates three national news channels - English news channel NDTV 24x7, Hindi news channel NDTV India and business news channel NDTV Profit. "Without any discussion with NDTV or its founder-promoters, a notice has been served upon them by Vishvapradhan Commercial Private Limited (VCPL), stating that it (VCPL) has exercised its rights to acquire 99.50 per cent control of RRPR Holding Private Limited (RRPRH), the promoter-owned Company that owns 29.18 per cent of NDTV," it said. In a statement, NDTV said the exercise of the right by VCPL was executed without any input of the company or its founders. "RRPR is a promoter group company of NDTV and holds a 29.18 per cent stake in NDTV," the statement said. Such acquisition will result in VCPL acquiring control of RRPR. VCPL has exercised warrants to acquire 99.5 per cent in RRPR," it said. "AMVL's wholly-owned subsidiary Vishvapradhan Commercial Pvt Ltd (VCPL) holds warrants of RRPR Holding Pvt Ltd (RRPR) entitling it to convert them into a 99.9 per cent stake in RRPR. Last year, Adani Media Ventures Ltd (AMVL), the media arm under the group's flagship Adani Enterprises Ltd (AEL), had acquired the digital business news platform Quintillion Business Media Pvt Ltd (QBM). Subsequently, it has launched an open offer for another 26 per cent stake, the group said in a statement. The particular company had loaned Rs 250 crore to NDTV in 2008-09 and the Adani group firm now exercised the option to convert that debt into a 29.18 per cent stake in the news channel company. NDTVAdani to acquire 29%Makes open offer for 26%Almost the last bastion of Independent journalism being taken… - Kapil Sibal 1661309916000 An Adani Group firm first acquired a company that in the past was linked to rival billionaire Mukesh Ambani. Ironical, that an outfit called 'Vishvapradhan' is closely involved!" Ramesh said in another tweet.
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In reference to the development, Congress general secretary Jairam Ramesh tweeted, "The news of a deeply over-leveraged company owned by the PM's 'khaas dost' making a hostile takeover bid of a well-known TV news network is nothing but concentration of economic and political power, and a brazen move to control and stifle any semblance of an independent media." "What's mysterious is how a loan given by one of the 'Humare Do' is used as a weapon by the other member of the duo to trigger the hostile takeover of the television network. The owners of New Delhi Television Ltd (NDTV), one of the nation's most popular news channels, said they were completely unaware of the takeover until Tuesday, and that it was done without their consent or any discussion. In a stunning move with the potential to change the media landscape, Adani launched a hostile takeover of NDTV, first with an indirect acquisition of a 29.18 per cent stake in the broadcaster followed by an offer to buy out a further 26 per cent controlling stake. Please do share this post with your friends on social media.NEW DELHI: With billionaire Gautam Adani launching a hostile takeover of NDTV, the Congress on Wednesday alleged that the bid by a company owned by Prime Minister Narendra Modi's ' khaas dost' (special friend) is a brazen move to control and stifle any semblance of an independent media. We Shared About NDTV India News Channel Phone Number, Office Address, Email Id. 207, Okhla Industrial Estate, Phase 3, New Delhi 110020, INDIA. How to contact NDTV India Office (Other Ways)? Contact Details YouTube: Here What is the Office Phone Number of NDTV India? Offices Follow them to get the latest news in your feed.
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India News Channel Social Accountsīelow are the links to the Facebook Fan Page, Twitter Handle, Instagram Profile, LinkedIn Profile, and Google Plus Profile of NDTV New Channel. NDTV Ltd., 207, Okhla Industrial Estate, New Delhi – 110020. IndiaĪ-13/3, Sanskar Bunglows, Vibhusha Bunglows, Road, In Lane of Kabir Enclave, Ahmedabad – 380058. IndiaĦ0/1, Coles Road, Frazer Town, Bangalore – 560005. 207, Okhla Industrial Estate, Phase 3, New Delhi 110020, INDIA.Įmail ID: NDTV Nodal Offices Contact Details Location 207, Okhla Industrial Estate, Phase 3, New Delhi 110020, INDIAĬheck out, the famous Indian news channel NDTV India’s all official contact information and get connected with them. NDTV India News Channel NDTV India News Channel Phone Number, Office Address, Email Id Information