Articles for Prannoy Roy

CBI closes 2017 probe against NDTV founders Prannoy Roy and Radhika Roy
3 months, 1 week ago

CBI closes 2017 probe against NDTV founders Prannoy Roy and Radhika Roy

Hindustan Times  

Seven years after it launched an investigation and raids against NDTV founders, Prannoy Roy and his wife Radhika Roy, for allegedly causing a loss of ₹48 crore to the ICICI Bank, the Central Bureau of Investigation on Tuesday closed the case citing lack of sufficient material to go ahead with the probe, people familiar with the development said on Tuesday. …

Bank Loan Roy Cbi Fir Icici Icici Bank
SAT Sets Aside SEBI Order Which Held Prannoy Roy & Radhika Roy Liable For Insider Trading In NDTV
1 year, 3 months ago

SAT Sets Aside SEBI Order Which Held Prannoy Roy & Radhika Roy Liable For Insider Trading In NDTV

Live Law  

The Securities Appellate Tribunal on Thursday set aside the order passed by the Securities and Exchange Board of India in November 2020 which held Prannoy Roy and his wife Radhika Roy, the former promoters of NDTV, liable for insider trading.The SEBI order had barred the Roys from buying, selling and dealing in securities directly and indirectly for a period of …

Trading Order Insider Trading Securities Held Roy Sebi
SAT quashes SEBI’s order against Prannoy Roy, Radhika Roy
1 year, 3 months ago

SAT quashes SEBI’s order against Prannoy Roy, Radhika Roy

Live Mint  

Securities Appellate Tribunal quashes SEBI's insider trading order against former NDTV promoters Prannoy Roy & Radhika Roy. The matter pertains to Sebi findings that Prannoy Roy and Radhika Roy indulged in insider trading in the scrip of NDTV between 1 September 2006 and 30 June 2008. By dealing in shares of NDTV while in possession of unpublished price-sensitive information, the …

Insider Trading Roy Sebi Sat Ndtv Radhika Roy Prannoy Roy
Accepting Unconditional Apology, Delhi High Court Discharges Arnab Goswami, Others In Contempt Case By Former TERI Chief RK Pachauri
1 year, 7 months ago

Accepting Unconditional Apology, Delhi High Court Discharges Arnab Goswami, Others In Contempt Case By Former TERI Chief RK Pachauri

Live Law  

Managing Director and Editor-in-chief of Republic TV Arnab Goswami has tendered his unconditional apology before the Delhi High Court in a 2016 contempt case moved by former Executive Vice Chairman of TERI R.K. Pachauri against him and others for “fragrant and willful disobedience” of the court’s earlier orders restricting them from publishing certain claims against him. On April 17, Goswami’s …

Delhi Court Order High Filed This Court Apology
‘Don’t Pose A Flight Risk Owing To Their Professional Standing’: Delhi High Court Permits Prannoy Roy, Radhika Roy To Travel Abroad
1 year, 7 months ago

‘Don’t Pose A Flight Risk Owing To Their Professional Standing’: Delhi High Court Permits Prannoy Roy, Radhika Roy To Travel Abroad

Live Law  

The Delhi High Court on Tuesday permitted journalists Prannoy Roy and Radhika Roy to travel abroad from July 25 to August 15, observing that they don’t pose a flight risk owing to their professional standing.“Owing to the professional standing of the petitioners and their ties to India, they don’t pose a flight risk. The Delhi High Court on Tuesday permitted …

Travel India Delhi High Court Roy Abroad Pose Radhika
‘Can’t Continue In Perpetuity’: Delhi High Court To CBI On 2019 Look Out Circular Against Prannoy Roy, Radhika Roy
1 year, 11 months ago

‘Can’t Continue In Perpetuity’: Delhi High Court To CBI On 2019 Look Out Circular Against Prannoy Roy, Radhika Roy

Live Law  

The Delhi High Court on Friday questioned the Central Bureau of Investigation on a look out circular issued against journalists Prannoy Roy and Radhika Roy in 2019 and said that the agency “cannot continue in perpetuity” and that the matter “cannot go on like this.”Justice Prathiba M Singh was hearing a plea moved by Roys challenging the look out circular …

Court Delhi High Court Roy Cbi Singh Look Delhi High
Billionaire Adani to own 65% of India’s NDTV as founders sell
2 years ago

Billionaire Adani to own 65% of India’s NDTV as founders sell

Al Jazeera  

NDTV founders Radhika and Prannoy Roy made several unsuccessful attempts to block the takeover by Gautam Adani. Indian billionaire Gautam Adani will control 64.71 percent of New Delhi Television Ltd as the company’s founders have decided to sell most of their shares, four months after he launched a takeover of the news network. Adani already held 37 percent of NDTV …

India Media Takeover Gautam Adani Adani Radhika Prannoy Roy
NDTV to give two board seats to Adani group firm
2 years ago

NDTV to give two board seats to Adani group firm

The Hindu  

NDTV has offered billionaire Gautam Adani's group two seats on its board of directors for the pre-open offer, 29.18% shareholding, the ports-to-energy conglomerate had acquired in the broadcaster, according to a stock exchange filing. The Adani group acquired a 29.18% stake in NDTV by buying a company backed by the television network's founders, Radhika Roy and Prannoy Roy. The stock …

Media Board Roy Group Adani Offer Ndtv
Prannoy Roy, wife Radhika resign from NDTV board: Does Adani own the media network now?
2 years, 1 month ago

Prannoy Roy, wife Radhika resign from NDTV board: Does Adani own the media network now?

Firstpost  

Prannoy Roy and his wife Radhika, founders of NDTV, have resigned as directors on the board of RRPR Holding, the promoter group vehicle of the media network. RRPR Holding, the promoter group vehicle of NDTV, holds 29.18 per cent stake in the company, which is being taken over by the Gautam Adani-led Adani Group. On 23 August 2022, the media …

India Media Board Roy Open Group Cent
Supreme Court To Hear SEBI's Challenge Against SAT Order Granting Relief To NDTV Promoters Prannoy Roy & Radhika Roy After Two Weeks
2 years, 2 months ago

Supreme Court To Hear SEBI's Challenge Against SAT Order Granting Relief To NDTV Promoters Prannoy Roy & Radhika Roy After Two Weeks

Live Law  

The Supreme Court on Monday adjourned the hearing of the Securities and Exchange Board of India's challenge against the Securities Appellate Tribunal's order that reduced penalties imposed on NDTV promoters Prannoy Roy, Radhika Roy for allegedly concealing price sensitive information from shareholders. On July 20, the SAT at Mumbai had set aside the findings of the SEBI which held the …

India Supreme Court Loan Order Roy Sebi Bench
Adani Group says I-T department nod not needed to acquire NDTV shares
2 years, 4 months ago

Adani Group says I-T department nod not needed to acquire NDTV shares

Deccan Chronicle  

New Delhi: The Adani group believes that there is no restriction by tax authorities on it acquiring a stake in NDTV, a statement that has also been backed by tax experts. The Adani group in a statement said Vishvapradhan Commercial Pvt Ltd has informed that the income tax department orders only apply to share of NDTV held by RRRP Holding …

Tax Transfer Income Roy Group Adani Shares
Explained | What’s next on Adani’s proposal to acquire NDTV?
2 years, 4 months ago

Explained | What’s next on Adani’s proposal to acquire NDTV?

The Hindu  

The story so far: A battle to control the management of New Delhi Television Ltd., which operates one of the leading television news outlets in the country, is brewing between the Adani Group and the founders of NDTV. If the open offer made by the Adani Group entity is successful, NDTV would come under the control of billionaire Gautam Adani’s …

Control Loan Roy Public Adani Stake Ndtv
NDTV | The outlier in a noisy television news space
2 years, 4 months ago

NDTV | The outlier in a noisy television news space

The Hindu  

Merely hours after a Fitch Group unit, CreditSights, came up with a report that called the Adani Group “deeply overleveraged” and that the group’s “overly ambitious debt-funded growth plans could… spiral into a massive debt trap”, the Adani Group, in an unrelated press release, said it had made a bid to take over NDTV by first indirectly acquiring a 29.18% …

Television English Crore Roy Group Adani Channels
Adani Group says regulatory nod not needed for NDTV share acquisition
2 years, 4 months ago

Adani Group says regulatory nod not needed for NDTV share acquisition

Hindustan Times  

Adani Enterprises said on Friday that regulatory restrictions are not applicable to New Delhi Television Ltd's top shareholder RRPR Holding Private Limited owned by founder Radhika and Prannoy Roy and they cannot 'legally' prevent share allotment to Adani Group. New Delhi Television Ltd's founders Prannoy Roy and Radhika Roy tried to block Adani's attempt to acquire majority stake in the …

Securities Share Roy Adani Radhika Ndtv Radhika Roy
SAT Sets Aside SEBI Findings Of Fraud Against NDTV Promoters; Reduces Penalties Imposed For Non-Disclosure Of Loan Agreement
2 years, 5 months ago

SAT Sets Aside SEBI Findings Of Fraud Against NDTV Promoters; Reduces Penalties Imposed For Non-Disclosure Of Loan Agreement

Live Law  

The Securities Appellate Tribunal at Mumbai has set aside the findings of the Securities and Exchange Board of India which held NDTV promoters Prannoy Roy and Radhika Roy liable for committing fraud on its investors by non-disclosure of a loan agreement with Vishvapradhan Commercial Pvt Ltd. The SAT also reversed the SEBI finding that the the promoters had ceded control …

Fraud Rights Loan Order Promoters Voting Rights Agreement
"No Flight Risk" : Delhi High Court Permits NDTV Promoters Prannoy Roy & Radhika Roy To Travel Abroad Between August 1 To 30
2 years, 7 months ago

"No Flight Risk" : Delhi High Court Permits NDTV Promoters Prannoy Roy & Radhika Roy To Travel Abroad Between August 1 To 30

Live Law  

The Delhi High Court yesterday allowed NDTV promoters Prannoy Roy and Radhika Roy to travel abroad between 1st to 30th August, 2022.The development came in the backdrop of a Look Out Circulars having been issued against the duo by the Central Bureau of Investigation. The Delhi High Court yesterday allowed NDTV promoters Prannoy Roy and Radhika Roy to travel abroad …

Travel High Court Court Delhi High Court Roy Cbi Abroad
Appeal Against SEBI Order- NDTV Promoters To Deposit 50% Of The Amount To SEBI Within 4 Weeks: Securities Appellate Tribunal
3 years, 11 months ago

Appeal Against SEBI Order- NDTV Promoters To Deposit 50% Of The Amount To SEBI Within 4 Weeks: Securities Appellate Tribunal

Live Law  

A bench of the Securities Appellate Tribunal, Mumbai comprising of Justice Tarun Agarwala, Dr. CKG Nair and Justice MT Joshi in two similar orders directed the two NDTV promoters, Prannoy Roy and Radhika Roy to deposit 50% of the disgorged amount before the Securities Exchange Board of India within four weeks. The SAT was hearing two appeals preferred by the …

Appeal Insider Trading Tribunal Securities Roy Sebi Bench
Arnab Goswami assaulted: Media reactions if it were Ravish Kumar
4 years, 2 months ago

Arnab Goswami assaulted: Media reactions if it were Ravish Kumar

Op India  

More revelations have come to the fore regarding the manner in which Arnab Goswami was assaulted by the Mumbai Police and yet, the silence of the mainstream media is deafening. Let us see some of the headlines that would have been published in a scenario where Ravish Kumar or Prannoy Roy were under the radar for even a legitimate inquiry. …

India Bjp Washington Post Kumar Nyt Journalist Telegraph
Don't blame Arnab Goswami for the fall of TV News, blame the pioneers
4 years, 4 months ago

Don't blame Arnab Goswami for the fall of TV News, blame the pioneers

Op India  

The current obsession of the English and Hindi TV media is the Sushant Singh Rajput case. Make as many memes as you want; make as many jokes as you want – but it wasn’t Arnab who pioneered the art of filling up your TV screens with multiple people. The relevant line from his answer is this – “serious issues like …

Media English Roy Ndtv Rajdeep Sardesai Arnab Rajdeep
Bombay HC Dismisses Challenge By NDTV Promoters Prannoy Roy & Radhika Roy Against SEBI Notices
5 years ago

Bombay HC Dismisses Challenge By NDTV Promoters Prannoy Roy & Radhika Roy Against SEBI Notices

Live Law  

The Bombay High Court on Monday dismissed a writ petition filed by Prannoy Roy and Radhika Roy, promoters of New Delhi Television challenging a show-cause notice issued by Securities and Exchange Board of India for alleged violation of Sections 12 a and 12 a of Securities and Exchange Board of India Act read with Prohibition of Insider Trading Regulations, 1992. …

Notice Sebi Petitioners Ndtv Dharmadhikari Securities And Exchange Board Radhika Roy
NDTV promoters Prannoy, Radhika Roy move HC challenging SEBI show-cause notice for insider trading
5 years ago

NDTV promoters Prannoy, Radhika Roy move HC challenging SEBI show-cause notice for insider trading

Op India  

The promoters of controversial left-wing media NDTV – Prannoy Roy and Radhika Roy have moved the Bombay High Court, challenging a show-cause notice issued to them by the Securities and Exchange Board of India in 2018 for alleged violation of insider trading regulations. Read: SAT upholds SEBI penalty of ₹2.10 crore on NDTV, ₹3 lakhs each on 3 directors for …

Insider Trading Notice Roy Cbi Fir Sebi Icici
2019 was a blast! And we can’t say hello to 2020 without a hat tip to the top 10 most-read articles of 2019
5 years ago

2019 was a blast! And we can’t say hello to 2020 without a hat tip to the top 10 most-read articles of 2019

Op India  

2019 has been an extremely fruitful year for us at OpIndia. Here is what may have triggered Rajdeep Sardesai’s own colleague slamming him for being a pliant journalist After the 2019 interview that Prime Minister Modi gave to Aaj Tak, Anjana Om Kashyap took to Twitter to sarcastically say that she knows of one journalist who conducts coaching for asking …

India Indian Interview Iran Report Roy 2019
ICICI loan fraud: Why the Roys of NDTV were not allowed to leave India
5 years, 4 months ago

ICICI loan fraud: Why the Roys of NDTV were not allowed to leave India

Op India  

NDTV founders Prannoy Roy and his wife, Radhika Roy, were prevented from leaving the country recently, the channel claims. In 2007 Radhika and Prannoy Roy bought back 7.73% stake held by GA. NDTV’s stock was hovering at around Rs 400 at the time, but the Roys bought shares back at Rs 439. The FIR against Prannoy and Radhika Roy of …

India Delhi Fraud Tax Evasion Shell Companies Bank Loan
NDTV says SEBI order asking Prannoy and Radhika Roy to step down as directors 'bad in law'; duo to challenge market regulator in court
5 years, 6 months ago

NDTV says SEBI order asking Prannoy and Radhika Roy to step down as directors 'bad in law'; duo to challenge market regulator in court

Firstpost  

The Roy couple has also been barred from holding a board or key managerial position at any other listed company for one year, SEBI said while coming down heavily on them and RRPR Holdings Pvt Ltd for what it termed as violation of various regulations by keeping minority shareholders in the dark about three loan agreements. One such loan agreement …

Market Shareholders Loan Order Interest Company Securities