NDTV founders Prannoy Roy and his wife Radhika Roy on Friday said they will sell all but 5 per cent of their remaining shareholding in the news broadcaster to Adani Group for up to Rs 647.6 crore. Roys, who founded New Delhi Television Ltd (NDTV) as India's first and largest private producer of news current affairs and entertainment television, lost their status of being the company's largest shareholder in recent weeks. This follows Adani Group becoming the majority shareholding of NDTV after first buying out a company backed by the founders and then acquiring more shares from the open market.
NDTV founders Prannoy Roy and his wife Radhika Roy have resigned as the directors of promoter group vehicle RRPR Holding Private Limited as the Adani Group neared takeover of the television channel.
The 70-year old first time MP, and working president of the Tamil Nadu Congress Committee, who was admitted to Apollo Hospitals on August 10 after he tested positive for coronavirus, succumbed to the illness on Friday.
Clad in black shirts and white dhotis, the AIADMK members gathered in large numbers at the historic Valluvar Kottam in Chennai to stage a fast agitation demanding that Udayakumar be allotted Panneerselvam's chair in the assembly.
Richest Asian Gautam Adani's group on Tuesday said it will pay an additional Rs 48.65 a share to NDTV stockholders who tendered their shares in its open offer to help match what it had paid to buy out a stake of the news broadcaster's founders. Adani Enterprises in a stock exchange filing said it will pay an additional Rs 48.65 per NDTV share to investors, who had sold their shares in an open offer between November 22 and December 5, taking the payout to Rs 342.65 a share and matching what it paid to buy Prannoy Roy and Radhika Roy's stake. Adani Group first acquired Vishvapradhan Commercial Private Limited, a little-known company that had given Rs 403 crore of an interest-free loan to RRPR Holdings - a company founded by the Roys and bore their initials in its name - in 2009-10 in exchange for warrants that allowed it to buy a stake in the newsgroup at any time.
"Of the samples of seven animals (four tigers and three lions) from the Tamil Nadu zoo, one lioness tested positive for SARS CoV-2 and distemper virus, one lioness for SARS CoV-2, and one lion tested positive for distemper virus," IVRI Joint Director K P Singh said.
The Tamil Nadu assembly bill seeking exemption to the state from the ambit of the National Entrance-cum-Eligibility Test has been sent to the Centre for presidential assent by Governor R N Ravi, Chief Minister M K Stalin said on Wednesday.
Karunanidhi, 94, died at the Kauvery hospital on Tuesday following prolonged illness.
Already, there is a feeling even within the BJP's AIADMK ally that the BJP is overdoing things on the ED/I-T front, as corruption is not an election issue in the state -- as long as the people are otherwise not excessively unhappy with the governing party, points out N Sathiya Moorthy.
As Dravida Munnetra Kazagham's M Karunanidhi's health worsens with staff from Kauveri Hospital saying that his condition is extremely critical and unstable, supporters have gathered in the hundreds outside the hospital. Here are glimpses from outside the hospital.
From the voter-level, traditionally anti-BJP, anti-Hindutva minorities and other secular voters would have an option, especially in the face of the mounting anti-incumbency against the ruling party -- as it happened in the 2001 assembly polls, points out N Sathiya Moorthy.
'I was put in an anda cell. No window, light or air. Only grills.' 'During the monsoon, water would seep. There were rats running around all the time.' 'We were forced to sleep under bright lights all the time. Those bright lights are never switched off.'
As the preparations are in full swing, here's what to expect at this year's Independence Day in different parts of the country.
Two officials in Uttarakhand have been suspended for their alleged involvement in the fake Covid-19 testing scam during the Kumbh Mela in Haridwar.
With this kind of coinage, the Opposition seems to be readily conceding the point that Modi is taller than all of them put together. So they need something bigger than themselves, collectively or not, to capture the voter imagination when it is about taking on Modi and the BJP in 2024, points out N Sathiya Moorthy.
Foxconn means serious business in India. Its delegation to India was led by its Chairman Young Liu who met Prime Minister Narendra Modi.
After Chief Minister Stalin moved a resolution, even as Ravi was speaking, that the speech was read, the governor walked out of the assembly.
Glimpses of the Bharat Bandh called to protest the Agnipath scheme, June 20, 2022.
As per the preliminary probe, she had been raped and assaulted with an iron rod in her private parts, he said, adding that the incident had taken place inside a tempo parked on the roadside.
Neither the ruling DMK nor the fractured AIADMK Opposition anticipated that an assembly by-election would put them both to test, observes N Sathiya Moorthy.
A police release in Coimbatore said a case has been registered in the Ukkadam police station over the incident.
ISRO's first mission in 2023 and SSLV's sequel saw a strange coincidence--it was launched at 9.18 am, the same time its predecessor lifted off from the Satish Dhawan Space Centre here on August 7, 2022 but could not deliver due to orbit anomaly and flight path deviation.
As the posters suddenly sprang up in Kumbakonam, the VCK members staged an agitation demanding stringent action on the Indu Makkal Katchi for their affront on Ambedkar.
Indian Space Research Organisation's second mission of the year to place an earth observation satellite by a GSLV rocket faced a setback as the mission could not be accomplished fully due to performance anomaly in the cryogenic stage of the rocket, the space agency said on Thursday.
Dravida Munnetra Kazhagam legislator and the party's youth wing secretary Udhayanidhi Stalin was sworn in as minister in Chennai on Wednesday by Tamil Nadu Governor R N Ravi.
A total of 16 resolutions were passed in the crucial All India Dravida Munnetra Kazhagam general council meeting held in Chennai on Monday in which Edappadi K Palaniswami was appointed as the party's interim general secretary and O Paneerselvam was expelled for "anti-party" activities.
Mapanna Mallikarjun Kharge, a staunch Gandhi family loyalist from Karnataka, has become the Congress' first non-Gandhi president in 24 years.
Meanwhile, water will be released from Chembarambakkam lake, one of the key drinking water sources to Chennai, since it was nearing capacity, the government said.
"V G Siddhartha, chairman and managing director of Coffee Day Enterprises Limited is not reachable since yesterday evening. We are taking the help of concerned authorities," Coffee Day Enterprises said in a regulatory filing.
IMAGES from the Indian Premier League match played at Chepauk in Chennai on Saturday
The DMK leadership may now have to deal with a demand for more seats from its Congress ally in the Lok Sabha polls, predicts N Sathiya Moorthy.
The EC had recently banned victory processions on the counting day to curb the spread of coronavirus.
Tharoor also said the Congress must decentralise authority and truly empower the grassroots office-bearers of the party.
Former West Bengal governor Jagdeep Dhankhar's subsequent elevation set a new benchmark for the actions of those who occupy Raj Bhavans, observes Aditi Phadnis.
What does Udhayanidhi's induction as minister mean? For the DMK, it indicates the future course, direction and leadership. It is continuity with change, and change with continuity, points out N Sathiya Moorthy.
Vellore is one of the two seats that the DMK alliance won by the narrowest of margins in 2019. For the DMK's vote-score to be so low in a constituency with a substantial Muslim population has not missed the BJP strategists' eyes, observes N Sathiya Moorthy.
Senthil Kumar on why he has filed a plea in the Supreme Court against V K Sasikala becoming Tamil Nadu chief minister.
As the petition points out, new medical colleges entail adjunct government hospitals, thus making specialised medical care that much more accessible to the vast majority of population that otherwise could not afford high-cost medical care in the private sector, N Sathiya Moorthy points out.
The death toll has climbed to 4,89,848 with 439 fresh fatalities, the data updated at 8 am stated.
Harbhajan Singh was CSK's third-highest wicket-taker last season.
