EXPLAINER-The Bitter Takeover Battle Between India apos;s Adani And News...
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(Reporting by Munsif Vengattil in New Delhi, 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.
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Control over the DNS mostly amounts to deciding what gets included in those directories. All it does is make sure your browser can find those site It has nothing to do, though, with what websites publish. For instance, can a Google critic register google-sucks.org, or does Google get first dibs?
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government plans to cede control of some of the internet¿s core systems, namely, the directories that help web browsers and apps know where to find the latest weather, maps and Facebook musings. (AP Photo/David Goldman, Fil
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.
The trigger for the current humanitarian crisis was the blockade of a key fuel terminal by armed gangs that began in September, cutting off supplies of gasoline and diesel, which in turn led to shortages of basic goods including clean water.
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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.
agreed in June to relinquish control to ICANN after the organization created additional mechanisms to resolve dispute ICANN already had such a multi-party approach. government insisted that businesses, academics and other parties also get seats at the table.
has been in charge of the DNS system for more than three decades. Plans to privatize control of these functions by transferring them to a nonprofit oversight organization have been in the works since the late 1990
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