Police Say Boris Johnson apos;s Father Stanley WON apos;T Be Fined
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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 politicians that a change of ownership could undermine its editorial integrity.
After being caught red-handed without a mask, the Prime Minister's father admitted he was 'maybe not 100 per cent up to speed' with the rules having just returned from abroad and said he was 'extremely sorry'.
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NEW DELHI, Aug 25 (Reuters) - When India's richest man Gautam Adani this week unveiled plans for his firm to control a majority stake in New Delhi Television (NDTV), it was the stealth approach in executing the transaction that drew most attention in the news industry.
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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Meanwhile, Environment Secretary George Eustice said today the police would decide if Mr Johnson - and former Labour leader Jeremy Corbyn who was pictured eating a meal with eight others - should be fined.
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(Reporting by Munsif Vengattil in New Delhi, online taxi Meteora M. 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.
The scenes come after the Prime Minister yesterday pleaded with the British public to 'follow the guidance' and rafina to Meteora airport taxi cost urged people to wear a mask in shops and on public transport during a Downing Street press conference.
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.
She married the only son of Amschel Mayor James Rothschild, joining one of the richest families in the world, on July 10, 2015 in a lavish ceremony at The Orangery in Kensington Palace Gardens in London.
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Speaking to BBC Radio 4's Today programme, Mr Eustice said: 'The police will decide what approach they should take (with Stanley Johnson) but the appropriate response is to act in a proportionate and pragmatic way.
