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Backstory: What Does the Growing Adani Footprint on India's Media Landscape Mean for Us?

A fortnightly column from The Wire's ombudsperson. ....

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Adani Group vs NDTV: VCPL hits back, says RRPR not party to restrictions under SEBI order

As per the November 27 2020 SEBI order, the Roys have been restrained from "accessing the securities market, and prohibited from buying, selling or otherwise dealing in securities, directly or indirectly, or being associated with securities market in any manner whatsoever; for a period of 2 years, which expires on November 26, 2022.” ....

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Adani Says Regulatory Curbs Do Not Restrict Bid to Take Over NDTV

Adani in a statement said the founders' investment entity was not part of any regulatory restrictions and was 'bound to immediately perform its obligation and allot the equity shares' to the conglomerate. ....

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SC Asks Agency to Hear NDTV Promoters' Appeals Without Insisting on SEBI Fine

SC Asks Agency to Hear NDTV Promoters Appeals Without Insisting on SEBI Fine
SEBI had barred Prannoy and Radhika Roy from the securities market for two years and also directed them to disgorge illegal gains of Rs 16.97 crore for indulging in insider trading more than 12 years ago.
The logo of SEBI on its headquarters; and Prannoy Roy, promoter of NDTV. Photo: PTI
New Delhi: In a relief to New Delhi Television Ltd (NDTV
) promoters Prannoy Roy and Radhika Roy, the Supreme Court on Monday directed Securities Appellate Tribunal (SAT) not to insist on a deposit of half the amount of fines as a pre-condition for hearing their appeals against the orders of markets regulator Securities and Exchange Board of India (SEBI). ....

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