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.
The Adani Group on Friday said it has acquired 27.26 per cent equity stake in NDTV from Prannoy Roy and his wife Radhika Roy -- founders of the news broadcaster. "RRPR, an indirect subsidiary of the company and member of the promoter/promoter group of NDTV, has acquired a 27.26 per cent equity stake in NDTV from Prannoy Roy and Radhika Roy by way of inter-se transfer...," said a regulatory filing from Adani Enterprises. On December 23, Prannoy Roy and Radhika Roy had announced to sell 27.26 per cent out of their remaining 32.26 per cent shareholding in the NDTV to the Adani Group.
Winning the country's first ever bronze medal at the Tent Pegging World Cup in South Africa was a historic feat for the Indian riders, but instead of rejoicing the podium finish, the equestrians were struggling to hold their tears.
'I was well prepared and confident that I would win at least win Rs 50 lakh to 1 crore.'
A 40-year-old freelance journalist has claimed a person 'hypnotised' him over the phone and duped him of Rs 40,000, but police and experts said this is one of the 'most normal kinds of cyber fraud' and not a case of hypnosis.
Maulana Kaleem Siddiqui was arrested by the ATS, which is probing the racket, at around 9 pm on Tuesday from Meerut, Additional Director General (ADG), Law and Order, Prashant Kumar said.
Rahman's married tips... Karisma's fangirl moment... Akshay meets fans...
Using snatches of a cult favourite or evergreen classic in its original form for action, comedy or romance can transform the entire vibe of a scene.
Quite a few Hindi films have taken up issues related with sex, and managed to shine the torch on some pertinent issues.
Rubbishing rumours that he had engineered the dope fiasco surrounding Olympic-bound Narsingh Yadav, a fuming Satpal Singh said it was wrong to point fingers at him and his protege without any proof. A fuming Satpal said the allegations against him were absolutely baseless and was ready to face any inquiry.
Disha takes a selfie... Malaika is a boss lady... Kajol misses her daughter...
Yami gets nostalgic... Jacqueline takes a selfie...
India must look to score runs off Pakistan left-arm pacer Shaheeh Shah Afridi instead of trying to play out his overs when the two arch-rivals clash in the T20 World Cup, former cricketer Gautam Gambhir said on Wednesday.
After two years of restrictions due to COVID-19, devotional fervour gushed forth across Bihar and parts of India where Biharis are in present on Sunday when salutations were offered to the setting sun on the auspicious occasion of Chhath.
Esports to breakdancing, Hangzhou will set the trend for future of sport
Yami shoots her next... Hrithik dances...
The additional director general of police (security), however, said in an order on Friday that the security personnel were 'being withdrawn on a purely temporary basis in connection with an emergent law and order duty'.
What some of our leaders were up to on the weekend.
'At a time when there's a lot of conversation happening around how AI has made art directors and production designers jobless, we will simply say that if your work speaks for you, you will never be out of work.'
Officials said protests took place at 17 places across the state, including Ballia, Aligarh, Gautam Buddh Nagar and Varanasi.
After 2020 and 2021 saw movies either been made for the OTT channels or releasing straight in the digital medium, 2022 too saw films arriving directly on OTT screens.
Rediff.com Contributing Photographer Pradeep Bandekar spotted these stars on Thursday.
SunRisers Hyderabad has the biggest purse while Kolkata Knight Riders has the slimmest purse.
Rediff.com Contributing Photographer Pradeep Bandekar glimpsed these stars on Monday.
Ranveer gets into Ching's mode... Kajol in casuals... Shilpa takes her women out...
The central probe agency has got an alleged 'close associate' of Sisodia -- Dinesh Arora -- to spill beans by turning approver in the case, they said.
A labourer was killed and three rescued after a part of an under-construction tunnel collapsed on the Jammu-Srinagar national highway in the union territory's Ramban district, officials said.
The Supreme Court is scheduled to pronounce on Thursday its order on a batch of PILs on the recent Adani group shares crash triggered by the Hindenburg Research's fraud allegations.
The drug controller submitted that action will be taken without delay against the foundation, drug dealers as also in other such cases which would be brought to its notice.
When the House was taking up private members' business, Chowdhury urged Rajendra Agrawal, who was presiding over the proceedings, to allow Gandhi to attend the House.
In other big movements, Punjab Kings have released their last edition's captain Mayank Agarwal, while West Indies skipper Nicholas Pooran was released by Sunrisers Hyderabad.
Here's a look at the top 10 tweets from your favourite Bollywood celebrities.
Ahead of Bollywood's big fat Punjabi wedding, Namrata Thakker looks at other Bollywood celebrities who hosted their nuptials in Mumbai.
All 12 who had been buried under the rubble while repairing a drain adjoining it at the Jal Vayu Vihar in Sector 21 around 10 am were labourers.
Congress general secretary (communications) Jairam Ramesh said they will pose three questions a day to Prime Minister Narendra Modi over the issue.
Uttar Pradesh government officials on Monday morning used a bulldozer to remove encroachment done by absconding politician Shrikant Tyagi outside his Noida residence.
In a boost to the embattled Adani Group, Mauritian Financial Services Minister Mahen Kumar Seeruttun has told the nation's Parliament that Hindenburg Research's allegations of the presence of 'shell' companies in the Island nation are 'false and baseless' and that Mauritius was in compliance with OECD-mandated tax rules. US short seller Hindenburg on January 24 alleged that billionaire Gautam Adani used shell companies based in Mauritius to manipulate stock prices of his Indian-listed companies.
Former union minister Dilip Ray was on Monday awarded three-year jail term by a Delhi court in a coal scam case pertaining to irregularities in the allocation of a Jharkhand coal block in 1999.
Glimpses of some of the team owners at the IPL auction on Saturday.
