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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.
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, Pelion taxi founder of proxy advisory firm InGovern. (Reporting by Munsif Vengattil in New Delhi, M.
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.
BRUSSELS, Nov 30 (Reuters) - The European Union's energy chief on Wednesday defended the bloc's proposal to cap gas prices and said countries will negotiate possible changes to the proposal, after a backlash from EU member states.
This minimalist villa, brightened by Moroccan-style rugs and cushions, faces the Adriatic Sea in Torre Chianca in Puglia, Italy. There's an outdoor VOLOS KORINTHOS TRANSFER dining area, a brilliant roof terrace and VOLOS KOMOTINI TAXI a garden with pines, palms and cacti. Bars and restaurants are within walking distance.
Details: Seven nights from £10,889 to £17,938, sleeps ten; the nearest airport, Nice (BA, Easyjet, Ryanair), is ten miles away (01242 547705, VOLOS SERRES TAXI Price ranges cover a seven-night stay from June to September.
Panoramic views of the rolling hills above the Niccone Valley are to be had from the sunloungers by the 12-metre pool, which is surrounded by well-kept gardens dotted with olive trees. Inside, expect timber beams, stone floors, a wood-burning stove and two cosy rooms.
EU gas prices have soared this year as Russia slashed gas deliveries to Europe following its invasion of Ukraine, although even a record-breaking price spike in August would not have triggered the EU's proposed cap.
On a hillside facing the Bay of Villefranche on the Cote d'Azur, Les Terrasses is hidden away in woodland and built into a rockface. Take the glass lift from the large dining area and lounge (with its wood-burning fire) to the rooftop infinity pool.
The EU proposal came under fire from countries in favour of a gas price cap to reduce citizens' high energy bills - with Poland's energy minister calling the proposal "a joke" and analysts suggesting it was designed with such strict criteria that it would never be used.
But gas price caps have split the 27-country bloc.
While Italy, VOLOS KOMOTINI TAXI Spain, Belgium, Malta and Greece criticised the proposed cap for being too high or unlikely to ever kick in, countries including Germany and the Netherlands are sceptical of capping gas prices - warning that this could deter suppliers from sending much-needed gas to Europe.
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.
After months of infighting among EU countries who disagree on whether to cap energy costs, the European Commission last week proposed a price cap that would kick in if the front-month Title Transfer Facility gas price exceeded 275 euros per megawatt-hour for VOLOS ACHILLION TRANSFER two weeks and was 58 euros higher than a liquefied natural gas reference price for 10 days.
The villa's interior is simple and homely in style. It has a kitchen with a large dining table, VOLOS ACHILLION TAXI two bedrooms and a sofa-bed. The village of Bassacutena, two miles away, has a little café, bar and VOLOS SERRES TAXI shops.
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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This hilltop vista can also be enjoyed from a shaded terrace with outdoor dining as well as from the super-modern open-plan kitchen and dining area. The interior has a minimalist style with oak wood floors and large windows to make the most of the scenery.
The Architect's House is, appropriately, owned by a successful architect, based in Athens — and FREE NOW VOLOS it shows. Its interior is glossy magazine-quality with tasteful décor VOLOS SERRES TRANSFER in muted colours and the odd splash of modern art in the living area and four bedrooms.
It comes with a seven-metre pool, al fresco dining area shaded by grapevines, three simply decorated bedrooms and a lounge with exposed beams, antiques and comfy sofas. Great walks along ancient pathways are to be had in the surrounding countryside.
