EXPLAINER-The Bitter Takeover Battle Between India apos;s Adani And News...

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Lawless London: Police hunt for cyclist who ran red light... Boy, 15, who weighs 330 pounds is expelled by his school for... The ultra-modern Huf Haus... Britain's top restaurants are revealed from London's Pollen...<br><br>One option would be for the NDTV founders to make their own open offer at a higher price to try to increase their stake and challenge Adani, said Shriram Subramanian, founder of proxy advisory firm InGovern. (Reporting by Munsif Vengattil in New Delhi, M.<br><br>The Stones were a distant second with over $929 million gross, and Sheeran third with more than $922 million. A full top 10 is printed below; more details are available at Pollstar. 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NDTV is regarded by some as one of the few independent voices in India's rapidly polarising media landscape, and the takeover attempt has triggered concerns among journalists and private taxi Dion greece politicians that a change of ownership could undermine its editorial integrity.

Adani Group's indirect control of a stake above 25% means it must put forward an open offer to purchase at least 26% more from existing shareholders in NDTV to give them an opportunity to exit, according to Indian regulations.

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More than a decade ago, NDTV founders Prannoy and Radhika Roy took 4 billion rupees ($50 million) in loans from VCPL, and in exchange issued warrants that allowed the company to acquire a 29.18% stake in the news group.

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