Media Watch Host Paul Barry Has Blamed Sexism For The Criticism Heaped On Lisa Wilkinson After She Quit The Project
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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, taxi Meteora to airport price according to Indian regulations.
Barry admitted Wilkinson had landed herself in hot water on more than one occasion including eiyh her Logies acceptance speech, pay dispute with Karl Stefanovic and the release of her autobiography, 'It Wasn't Meant To Be Like This'.
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.
More than a decade ago, NDTV founders Prannoy and Radhika Roy took 4 billion rupees ($50 million) in loans from VCPL, taxi fare piraeus to Meteora airport and in exchange issued warrants that allowed the company to acquire a 29.18% stake in the news group.
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.
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.
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