Adani Group Archives - Page 7 of 10

Adani Group firms continue to be buffeted from the impact of the Hindenburg expose

Hindenburg expose: Majority of Adani Group firms end lower. Combined market...

Team PGurus - January 30, 2023 0

Adani-Hindenburg saga continues Shares of most of the Adani Group firms ended lower on Monday, a day after it released a 413-page response to allegations...

In its investigation, which Hindenburg said took two years to compile, the research firm questioned the “sky-high valuations” of Adani firms and said their “substantial debt” puts the entire group “on a precarious financial footing”

Business

Hindenburg alleges brazen fraud by Adani in manipulating Stock Exchange prices....

Team PGurus - January 26, 2023 2

US-based Hindenburg Research accuses Adani Group of share rigging, fraud A US activist investor research firm - Hindenburg Research - has alleged that Adani Group...

The Adani Group will bolster NDTV with world-class infrastructure, and talent & transform NDTV into a thriving multi-platform global news

Business

AMG Media Networks Ltd raises its stake in NDTV to 64.71%

PGurus Newsdesk - December 31, 2022 0

Roys continues to hold a 5 percent stake in NDTV AMG Media Networks Ltd (AMNL), through its indirect subsidiary RRPR Holdings Pvt Ltd, has acquired...

NewsDrum had reported on December 3 about the plans of the founders to sell their stake in NDTV to the Adani Group

Business

Prannoy Roy and wife to sell 27.26% shares in NDTV to...

Team PGurus - December 24, 2022 1

Adani Group becomes the single-largest shareholder in NDTV as founders sell stake At last NDTV founder, Prannoy Roy cut a good deal with Gautam Adani....

With the exit of existing and longstanding promoters and management of NDTV, the Adani Group takeover is thus complete

Business

New NDTV board accepts Prannoy & Radhika Roy’s resignation as RRPR...

PGurus Newsdesk - November 30, 2022 2

Prannoy, Radhika Roy resign The new NDTV board approved the resignations of Prannoy Roy and Radhika Roy as directors of RRPR Holding Private Ltd (RRPR),...

With an Rs.5,069 cr bid, Adani Group has emerged as the highest bidder for the 259-hectare Dharavi Redevelopment Project

Business

Adani Group emerges winner as highest bidder; bags Mumbai’s Dharavi redevelopment...

PGurus Newsdesk - November 30, 2022 0

Dharavi redevelopment project: Govt looks to transform the slum into an integrated commercial cum residential township Gautam Adani-led Adani Group has emerged as the highest...

The date for tendering of shares by shareholders of NDTV to the Adani Group in pursuant to their open offer is fixed on October 17

Business

Adani’s open offer to buy 26% more shares in NDTV starts...

Team PGurus - October 16, 2022 6

Open offer process under takeover code Adani Group’s open offer to buy 26% shares of NDTV will start on October 17, which will ultimately lead...

What are the options before Prannoy Roy? Nothing, just to sell his 32% shares and buzz off to his bungalow in Cape Town in South Africa

Business

Game over for Prannoy Roy after Income Tax issues clean chit...

Team PGurus - September 11, 2022 3

Did the road end for Prannoy Roy? With Income Tax giving clean chit to Mukesh Ambani linked company to acquire more than 29% of NDTV’s...

Through an indirect deal, the media arm of Adani Enterprises, led by Gautam Adani, the fourth richest person in the world, will acquire 29 percent of NDTV’s shares over the next two days

Business

Adani acquired Mukesh Ambani linked firm’s 29.18% in NDTV and going...

Team PGurus - August 24, 2022 2

Hostile takeover? NDTV says 29% were acquired without discussion, consent, or notice Adani Group on Tuesday announced the purchase of 29.18% NDTV shares of NDTV...