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NDTV to implement 10-40% salary cut

MUMBAI: New Delhi Television (NDTV) has decided to implement a salary cut for employees from 1 April as a cost-cutting measure on the back of decreasing ad revenue due to the COVID-19 pandemic. Says the BSE filing of NDTV: “The management of NDTV Group has been forced to implement a salary cut,...

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SC breather for NDTV in tax assessment case; I-T dept issues fresh notice

MUMBAI: The Supreme Court may have ruled in favour of New Delhi Television in tax assessment case; however, the government has sent a fresh notice to the media company in the same regard. On Friday, the apex court quashed the notice of Income Tax Department seeking to re-assess the income of NDTV...

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SAT further stays SEBI's impugned order against NDTV till next hearing

MUMBAI: The Securities Appellate Tribunal has further extended the relief to New Delhi Television news channel’s promoters Prannoy Roy and Radhika Roy, against the impugned order of the Securities and Exchange Board of India till next hearing. According to a BSE filing of the NDTV, “The Securities...

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NDTV posts 55 per cent profit in Q3, best quarterly results in 7 years

MUMBAI: New Delhi Television’s consolidated profit rose by 55 percent to Rs 11.3 in third quarter of the financial year of 2019-20 compared to Rs 7.3 crore in the corresponding quarter of the last financial year. The broadcaster posted best Q3 result in last seven years. The group’s television...

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Bombay HC rejects NDTV’s petition against SEBI’s show-cause notice

MUMBAI: The Bombay High Court on Monday dismissed the writ petition filed by New Delhi Television’s (NDTV) promoter Dr. Prannoy Roy and Radhika Roy against Security and Exchange Board of India’s (SEBI) show-cause notice. SEBI had issued a show-cause notice to NDTV’s promoters for alleged violation...

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