DIRS.INFO The most relevant business & tech news

☆ Modi’s BJP is set to majorly boost its vote share in opposition-ruled Tamil Nadu as India goes to polls
▼ + stars: | 2024-04-19 | by ( Vinay Dwivedi | ) www.cnbc.com time to read: +6 min

More than 62.2 million voters will choose among 950 contestants in Tamil Nadu. The DMK won the Tamil Nadu state elections in 2021, defeating the incumbent AIADMK. Prominent poll strategist Prashant Kishor reportedly said he expects the BJP to get "double digit" vote share in Tamil Nadu. Though the jump in vote share in Tamil Nadu will be substantial compared with 2019, BJP might just win one or two constituencies, Kumar said. Seated opposite from him was Geetha, a Modi supporter, who said: "Modi is superman, but DMK will sweep Tamil Nadu.

Persons: Narendra Modi, Abhishek Chinnappa, Bharatiya Janata Party —, India Anna Dravida, Narendra Modi's, Jayalalithaa, Karunanidhi, Modi, Narayanan Thirupathy, Thirupathy, Prashant Kishor, Kishor, Sanjay Kumar, Kumar, Sarvanan, Nagar, Geetha, DMK's Sarvanan Organizations: Getty, Getty Images, India's, Nationwide, Indian National Congress, Bharatiya Janata Party, Dravida Munnetra Kazhagam, DMK, India Anna Dravida Munnetra Kazhagam, AIADMK, BJP, CNBC, Narendra Modi's BJP, Tamil, Political, NDTV, Wednesday, Developmental Inclusive Alliance, India Locations: INDIA, Mysuru, India, Getty Images CHENNAI, Tamil Nadu, Dravida, Tamil, BJP, Telangana, New Delhi

☆ What’s next for Zee shares? Here’s what Wall Street analysts are saying after Sony merger was called off
▼ + stars: | 2024-01-23 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

Shares of the Indian media house fell 34% on Tuesday, while investors shrugged off the impact on the $124 billion Japanese media and technology giant Sony. ZEEL-IN 1Y mountain What are analysts saying about Zee shares, moving forward? Citi sharply slashed its price target on Zee's stock from 340 Indian rupees to 180 Indian rupees. Zee has not stated whether it will pursue the merger while the litigation with Sony could hinder improvements in operations or explore a merger with other players," the analysts added. Similarly, Elara analysts added, "Possibility of any other strategic/financial partner buying majority stake in Zee could provide respite to valuation multiples."

Persons: Motilal Oswal, Zee, Motilal, Aliasgar Shakir, Karan Taurani, Pulkit Chawla, Emkay, Zee's, Punit Goenka, Chawla Organizations: Zee Entertainment, Sony, Zee, Citi, Wall, Reliance, Disney Star India, Motilal Oswal, Star, Disney, Netflix, Amazon Prime, Reliance Industries, Media, Elara, RIL, Zee Management, Quintillion Business Media, Bloomberg News, NDTV Locations: India, Zee

☆ OpenAI's GPTBot and other AI web crawlers are being blocked by even more companies now
▼ + stars: | 2023-09-28 | by ( Kali Hays | ) www.businessinsider.com time to read: +7 min

Unique, high quality data, mainly scraped from the web, is vital to the performance of AI models. AdvertisementAdvertisementMore and more companies are trying to avoid having their data freely scraped and saved by web crawlers working for the benefit of AI models. Last month, OpenAI last revealed its own crawler, GPTBot, saying it would respect robots.txt, a decades-old method through which a website can tell a web crawler to ignore it. Many more companies are now also blocking CCBot, a web crawler used by Common Crawl. AdvertisementAdvertisementSee below for a full list of the biggest websites now blocking GPTBot and CCBot as of Sept. 22:Blocking GPTBotamazon.comquora.comnytimes.comtheguardian.comshutterstock.comwikihow.comcnn.comsciencedirect.comusatoday.comhealthline.comstackexchange.comalamy.comscribd.comwebmd.combusinessinsider.comdictionary.comreuters.comwashingtonpost.commedicalnewstoday.comnpr.orgcbsnews.comgoodhousekeeping.comamazon.co.uktumblr.comlatimes.cominsider.comglassdoor.comvocabulary.cominvestopedia.comslideshare.netamazon.decosmopolitan.comnbcnews.comindiamart.comstackoverflow.comhindustantimes.combloomberg.comcnbc.compeople.comtvtropes.orgamazon.invimeo.comverywellhealth.comikea.comespn.comindianexpress.comthesaurus.compbs.org123rf.comwattpad.comvariety.comtoday.compopsugar.comthespruce.comuol.com.bramazon.frgeeksforgeeks.orgelle.comeconomictimes.compcmag.comtheverge.comallrecipes.comthoughtco.comrollingstone.comwired.comnextdoor.comhollywoodreporter.comabc.net.auew.comamazon.canews18.comwomenshealthmag.comrateyourmusic.comamazon.co.jptechradar.comairbnb.comndtv.comlifewire.comtomsguide.comvulture.comeverydayhealth.compolygon.comtheconversation.comesquire.comprnewswire.combillboard.commenshealth.commetro.co.ukcountryliving.commashable.comgamesradar.comthehindu.comtimesofindia.comdeadline.comharpersbazaar.commedscape.comnymag.comrefinery29.comradiotimes.comcbssports.comtandfonline.comtheatlantic.comtrulia.comamazon.espinterest.esnationalgeographic.combhg.comeater.comsouthernliving.comhealthgrades.comvice.compicclick.combustle.comnewyorker.comeonline.comdigitalspy.comopentable.compinterest.dethepioneerwoman.comcaranddriver.combyrdie.comlivemint.commedicinenet.comteacherspayteachers.comcookpad.comthespruceeats.combizjournals.compagesjaunes.frliputan6.comdelish.commasterclass.comarchiveofourown.orgvox.comrealsimple.comaarp.orgfrancetvinfo.frpinterest.frkumparan.comtheathletic.comtravelandleisure.comvogue.comlivescience.comapartments.commarketwatch.comglamour.comamazon.itcinemablend.comthrillist.comamazon.com.brpinterest.co.ukangi.comalamy.esusmagazine.comdistractify.combbcgoodfood.comjagran.commercadolibre.com.mxandroidauthority.comcity-data.comfoodandwine.comhellomagazine.comamazon.com.augq.comingles.comamarujala.comieee.orgprevention.comstern.dekbb.comedmunds.commarthastewart.compcgamer.comjustanswer.comhealth.com20minutes.frfortune.comhomes.comscientificamerican.compopularmechanics.comverywellfit.comvanityfair.comchicagotribune.comverywellmind.comhousebeautiful.comcntraveler.comallure.comspanishdict.comneverbounce.comanswers.commoneycontrol.comarchitecturaldigest.comslate.comlonelyplanet.cominverse.comcorriere.itactu.frself.comtripsavvy.cominstyle.comeatingwell.comsuperuser.comwelt.despiegel.dewomansday.comseventeen.comhbr.orgoprahdaily.comautotrader.combonappetit.comsueddeutsche.deseriouseats.comliveabout.comseattletimes.comcoursera.orglivehindustan.comfrance24.comtownandcountrymag.comdotesports.comworldplaces.mefaz.netteenvogue.commotor1.comnj.comglamourmagazine.co.ukokdiario.combrides.comstylecaster.comalamyimages.frjagranjosh.comtheglobeandmail.comaxios.comfrancebleu.frtabelog.comthebalancemoney.comnydailynews.comsheknows.comnaomedical.comverywellfamily.comBlocking CCBot

Persons: —, OpenAI, GPTbot, Conde Nast, Masterclass, Kelly, robots.txt, verywellhealth.com, indianexpress.com Organizations: Service, Amazon, Guardian, NPR, CBS News, CBS Sports, NBC News, CNBC, Yorker, Hearst, New York Times Locations: USA, Europe, Originality.ai, androidauthority.com

☆ Around 22 countries exploring bilateral trade with India in rupee - finance minister
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: 1 min

Sept 15 (Reuters) - Around 22 countries were negotiating and exploring bilateral trade with India in rupees, Nirmala Sitharaman, the South Asian country's finance minister said on Friday. "About 22 countries are negotiating and approaching us to see if bilateral trade can be held (in rupees). It is also because many of... those countries are running short of dollar," Sitharaman told news channel NDTV during an interview. Reporting by Nikunj Ohri and Shivangi Acharya, writing by Shilpa Jamkhandikar; editing by Sudipto GangulyOur Standards: The Thomson Reuters Trust Principles.

Persons: Nirmala Sitharaman, Sitharaman, Nikunj Ohri, Shivangi Acharya, Shilpa Jamkhandikar, Sudipto Ganguly Organizations: NDTV, Thomson Locations: India

☆ India lodges strong protest with China over map claiming 'India's territory'
▼ + stars: | 2023-08-29 | by ( ) www.reuters.com time to read: +2 min

The protest by New Delhi followed reports in the Indian media that Beijing had released an official "standard map" showing the Indian state of Arunachal Pradesh and the Aksai Chin plateau as its official territory. Aksai Chin is a disputed plateau in the western Himalayas claimed by India but controlled by China. "We have today lodged a strong protest through diplomatic channels with the Chinese side on the so-called 2023 'standard map' of China that lays claim to India;s territory," the Indian foreign ministry spokesperson said. "Making absurd claims on India's territory does not make it China's territory," Jaishankar told news channel NDTV. Reporting by YP Rajesh; Additional reporting by Rupam Jain and Sakshi Dayal; Editing by Alex RichardsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Aksai Chin, Subrahmanyam Jaishankar, Jaishankar, Narendra Modi, Xi Jinping, YP Rajesh, Rupam Jain, Sakshi Dayal, Alex Richardson Organizations: DELHI, NDTV, Indian, YP, Thomson Locations: Indian, Arunachal Pradesh, India, China, New Delhi, Beijing, Tibet, Johannesburg

☆ Airline CEO works as a flight attendant and discovers how challenging it is to be 'attentive and charming' to passengers on a night flight
▼ + stars: | 2023-08-23 | by ( Pete Syme | ) www.businessinsider.com time to read: +4 min

The CEO of Lufthansa Airlines wrote a LinkedIn post detailing his experience working as a flight attendant. CEO Jens Ritter said he helped out staff on flights between Germany and the Middle East. AdvertisementAdvertisementThe CEO of Lufthansa Airlines worked as a flight attendant on a round-trip between Germany and the Middle East, serving passengers onboard the German airline. According to a Lufthansa spokesperson, Ritter worked on an outbound and return flight between Frankfurt in Germany and Bahrain. Ritter has been in charge of Lufthansa Airlines since last April.

Persons: Jens Ritter, Ritter, Carsten Spohr, –, Ritter isn't, Greg Foran, Laxman Narasimhan, what's, it's, Lee Peterson Organizations: Lufthansa Airlines, Morning, Lufthansa, Lufthansa Group, Swiss Air, Austrian Airlines, Airbus, LinkedIn, Air New Zealand, NDTV, WD Partners Locations: Germany, East, Frankfurt, Bahrain, Riyadh, Saudia Arabia

Violence erupted in the northern state of Harayana state on Monday after a right-wing Hindu organization led a religious procession in the Muslim dominated region of Nuh. However, opposition politicians and activists have called the attack a “hate crime” that targeted India’s Muslim minority population. Increase in hate crimesThe latest communal violence come against a broader rise in hate crimes against minority groups. Last month, the BJP chief minister of the state of Assam, Himanta Biswa Sarma, blamed Muslims for the soaring prices of tomatoes. Some cities named after historic Muslim figures have also been renamed to reflect India’s Hindu history.

Persons: Parveen Kumar, Narendra, Modi, Yogi, Asgar Ali, Mohammed, Ali, haven’t, Police haven’t, Asaduddin, ”, Jairam Ramesh, ” Asim Ali, Deepankar Basu, Himanta Biswa Sarma, Barack Obama, “ Hussain Obama ”, Obama, Adityanath, Donald Trump’s, Rana Ayyub Organizations: New Delhi CNN, Extra, Hindustan Times, Haryana Police, CNN, ” Police, Police, Bharatiya Janata Party, BJP, Dal, NDTV Locations: New Delhi, India, Harayana, Nuh, Gurgaon, Gurugram’s, Maharashtra, Mumbai, Haryana, Nuh Chowk, Gurugram, Hindustan, Delhi, Manipur, Assam, Uttar Pradesh, today’s India

☆ India tax council to meet on Aug 2 to finalise online gaming tax - source
▼ + stars: | 2023-07-26 | by ( ) www.reuters.com time to read: +1 min

NEW DELHI, July 26 (Reuters) - India's Goods and Services Tax (GST) Council will meet on Aug. 2 to decide on a 28% tax on funds that online gaming companies and casinos collect from customers, and finalise other rules, a government official said on Wednesday. The official asked not to be named because he was not authorised to speak to the media. The Finance Ministry and GST Council Secretariat did not immediately respond to a Reuters request for comment. Since the government first announced its plan for the tax on July 11, the gaming industry and its investors have asked it to review the decision, which will increase the tax burden on both companies and consumers. This would be taken into account when a final decision is taken by the GST Council, Malhotra told NDTV.

Persons: Nirmala Sitharaman, Narendra Modi, Sanjay Malhotra, Malhotra, Nikunj Ohri, Savio D'Souza Organizations: Goods, Services Tax, India's, Finance Ministry, Tiger, Steadview, NDTV, Thomson Locations: DELHI

☆ More than 2,000 dead penguins washed up on Uruguay's coast. A bird expert says they can't pinpoint a cause.
▼ + stars: | 2023-07-24 | by ( Sebastian Cahill | ) www.businessinsider.com time to read: +3 min

Over 2,000 dead penguins have washed up on the shores of Uruguay. The birds have tested negative for the avian flu, leaving experts guessing at causes of death. According to the Times, Magellanic penguins can be found across the Pacific and the Atlantic, with concentrations in the Falkland Islands, Chile, and Argentina. The Times added that they move north in colder temperatures to find warmer water and food. Tesore added that he found other dead animals on the beach, like seagulls and sea turtles.

Persons: Carmen Leizagoyen, Leizagoyen, Richard Tesore, Tesore Organizations: Service, Science Times, Times, of Fauna, Environment Ministry, NDTV, Uruguay's Ministry, Environment Locations: Uruguay, Wall, Silicon, Pacific, Falkland Islands, Chile, Argentina, Brazil, Uruguay's

☆ India's Shree Cement slumps after report of $2.81 bln tax evasion
▼ + stars: | 2023-06-26 | by ( ) www.reuters.com time to read: +1 min

BENGALURU, June 26 (Reuters) - India's Shree Cement (SHCM.NS) fell on Monday, after NDTV reported on Saturday that tax evasion amounting to 230 billion rupees ($2.81 billion) was found in searches at multiple company locations. Deductions claimed by Shree Cement are false and the company siphoned 12 billion rupees to 14 billion rupees every year, the report added, citing sources, but without specifying the timeline. Shree Cement and the IT department did not immediately respond to Reuters' request for comments. The company's standalone tax expenses fell over 58% YoY to 2.31 billion rupees in the financial year ended March 31, while profit fell 44% to 13.28 billion rupees on a surge in other costs. Shree Cement said on Saturday that the survey was still ongoing, and that its management team is extending full co-operation to officials.

Persons: Shree Cement, Varun Vyas, Varun Organizations: NDTV, Shree Cement, Reuters, Shree, Thomson Locations: BENGALURU, Rajasthan, Bengaluru

☆ Indian shares set for muted start to week after Russia turmoil
▼ + stars: | 2023-06-26 | by ( ) www.reuters.com time to read: +2 min

BENGALURU, June 26 (Reuters) - Indian shares were set for a muted open on Monday, on the heels of their first weekly loss in over a month, as crude prices rose on supply concerns after a short-lived mutiny by mercenaries in Russia. Foreign institutional investors sold a net 3.45 billion rupees ($42.1 million) worth of Indian equities on Friday, while domestic investors sold 6.84 billion rupees of shares, as per provisional NSE data. STOCKS TO WATCH:** ICICI Bank (ICBK.NS), ICICI Securities (ICCI.NS): Boards of the companies to consider delisting of ICICI Securities shares on June 29. ** HDFC Life Insurance Company: India's insurance regulator granted approval for transfer of its shares from HDFC Ltd (HDFC.NS) to HDFC Bank (HDBK.NS). ** Shree Cement (SHCM.NS): NDTV reported that tax evasion to the tune of 230 billion rupees ($2.80 billion) has been found in tax searches at multiple locations of Shree Cement in Rajasthan.

Persons: Wagner, Brent, Chris Thomas, Biplob Kumar Das, Eileen Soreng Organizations: Singapore Exchange, BSE, ICICI Bank, ICICI Securities, Life Insurance, HDFC Ltd, HDFC Bank, Ipca, U.S, FDA, of Maharashtra, Axis Bank, Kashmir Bank, NDTV, Shree, Thomson Locations: BENGALURU, Russia, Russian, Moscow, Asia, India, Pithampur, Jammu, Kashmir, Shree Cement, Rajasthan, Bengaluru

☆ Crematorium fills up as heatwave scorches northern Indian town
▼ + stars: | 2023-06-21 | by ( Adnan Abidi | ) www.reuters.com time to read: +2 min

[1/4] Women rest under a tree on a hot summer day in Ballia District in the northern state of Uttar Pradesh, India, June 21, 2023. REUTERS/Adnan AbidiBALLIA, India, June 21 (Reuters) - A Hindu priest in northern India says the number of bodies brought to a crematorium by the River Ganges has doubled in the past week as a heatwave ravages parts of the country. Yadav, confirmed a surge in admissions at the main district hospital and said an investigation was underway to determine the cause of deaths. Brijesh Yadav, 28, said he rushed his 85-year-old grandfather to the hospital on Tuesday after he complained of difficulty in breathing. India has an average of five to six heatwave events annually over its northern parts between March and June and sometimes until July, according to the World Health Organization.

Persons: Adnan Abidi BALLIA, Rajesh Pandey, Yadav, Brijesh Yadav, Yogi Adityanath, Saurabh Sharma, Shivam Patel, Angus MacSwan Organizations: REUTERS, S.K, Indian Express, State, NDTV, World Health Organization, University of Cambridge, Thomson Locations: Ballia District, Uttar Pradesh, India, Ballia, Bihar

☆ Air India to send replacement plane for passengers stranded in Russia
▼ + stars: | 2023-06-07 | by ( ) www.reuters.com time to read: +1 min

NEW DELHI, June 7 (Reuters) - Air India said on Wednesday a reserve plane would take off from Mumbai on Wednesday for passengers whose flight on Tuesday was forced to land at an airport in Russia's Far East because of engine trouble. The airline said its ferry flight would leave Mumbai at 0730 GMT and head to Magadan in Russia, carrying food and other essentials for the passengers stranded there. Russian aviation authority Rosaviatsia had said that a reserve Air India plane was scheduled to land at 0300 GMT. Air India did not immediately respond to a request to share the nationalities of the passengers. The airline said it had moved passengers to makeshift accommodations, citing infrastructure limitations around the airport.

Persons: Rosaviatsia, Vedant Patel, Patel, Tanvi Mehta, Lidia Kelly, Krishna N, Gerry Doyle Organizations: Air, Boeing, Air India, NDTV, U.S . State Department, Thomson Locations: DELHI, Air India, Mumbai, Russia's Far, Delhi, San Francisco, Magadan, Russia, Air, Indian, U.S, United States, New Delhi, Melbourne

More than 280 people were killed and over 1,100 injured in a three-way crash involving two passenger trains and a freight train in eastern Odisha state on Friday, officials said. BJP4India/TwitterThe cause of Friday’s crash remains unclear, but senior state railway officials told CNN that it is suspected to have been caused by a traffic signaling failure. Video footage and photographs from the crash site near Bahanaga Bazar rail station showed scenes of chaos and despair. An official overseas rescue efforts at the site of the train crash in Balasore. An aerial view of the derailed coaches in Balasore.

Persons: Narendra Modi, Modi, Ashwini Vaishnaw, ” Modi, “, “ It’s, Sudhanshu Sarangi, “ We’ve, Piyal Adhikary, Anshuman Purohit, ” Rohit Raj, Dibyangshu Sarkar, ”, Narendra Singh Bundela, ” Bundela, Stringer, Rafiq Maqbool, AP Modi, Shehbaz Sharif, Rishi Sunak, Ursula von der Leyen, Fumio Kishida Organizations: India CNN — Indian, Bharat, CNN, Chennai Coromandel, Passengers, NDTV, Getty, Response Force, Reuters, National Crime Records, Western, AP, Force, Rapid Action Force, Soro Block, “, British, EU, Japan’s Locations: Bhubaneswar, India, Odisha, Balasore, Shalimar, Chennai, Yesvantpur, Howrah, Bahanaga Bazar, AFP, Andhra Pradesh, Uttar Pradesh, New Delhi, Mumbai, country’s Jammu, Kashmir, Soro

But rescuers expect the death toll to rise further, as many people are thought to be trapped under upturned carriages. A damaged train carriage, following the deadly collision in Balasore, India, on June 2. Video footage and photographs from Friday’s crash site show scenes of chaos and despair. Rescuers search for survivors at the site of the crash in Balasore district, in the eastern Indian state of Odisha, on June 2. The latest crash comes as India carries out a major overhaul of its infrastructure, with the country investing millions to modernize transport links.

Persons: Sudhanshu Sarangi, Railway Minister Ashwini Vaishnaw, Narendra Singh Bundela, ” Bundela, ”, “, Narendra Modi, Modi Organizations: CNN, Rescuers, Fire Services, NDTV, Railway Minister, Response Force, Press Trust of, Force, Rapid Action Force, Soro Block, “, Bharatiya Janata Party, National Crime Records, Western Locations: India, Balasore, Odisha, Bahanaga, Balasore district, Press Trust of India, Soro, Uttar Pradesh, New Delhi, Mumbai, country’s Jammu, Kashmir

☆ Indian Official Who Drained a Reservoir to Retrieve His Phone Is Suspended
▼ + stars: | 2023-05-27 | by ( Sameer Yasir | Mike Ives | ) www.nytimes.com time to read: +1 min

Say you drop your brand-new smartphone into a reservoir while posing for a selfie during a picnic. Would you consider it lost and buy a replacement, or drain the reservoir to retrieve it? An Indian official who chose the latter option has been suspended from his job. Initially, some villagers he knew spent two days diving in the reservoir in an attempt to retrieve the phone, Mr. Vishwas told The Indian Express newspaper. So he rented a diesel pump and drained about three feet of water over another two days — by some estimates, enough to irrigate 1,500 acres of farmland.

Shares of companies of the coal-to-airports conglomerate, controlled by billionaire Gautam Adani, were up between 1.2% to 7% in late trade on Friday in a largely flat wider market. The group's listed companies lost more than $100 billion in market value earlier this year after U.S.-based Hindenburg Research raised several governance concerns. The court on Wednesday granted SEBI additional time until Aug. 14 to complete its investigation into possible violation of securities law and regulatory disclosures by the Adani group. Beside flagship Adani Enterprises (ADEL.NS), other group companies include edible oils business Adani Wilmar (ADAW.NS), Adani Ports (APSE.NS), Adani Green Energy (ADNA.NS), Adani Transmission (ADAI.NS), Adani Total Gas (ADAG.NS), Adani Power (ADAN.NS), broadcaster NDTV (NDTV.NS) and cement units ACC Ltd (ACC.NS) and Ambuja Cements (ABUJ.NS). The panel said, citing SEBI, there was evidence of a build-up in short positions on Adani group stocks ahead of the Hindenburg report.

☆ Adani-owned NDTV profit plunges about 98% on weak advertising demand
▼ + stars: | 2023-05-01 | by ( ) www.reuters.com time to read: +1 min

BENGALURU, May 1 (Reuters) - Indian broadcaster New Delhi Television Ltd (NDTV) (NDTV.NS), part of the embattled Adani Group, posted a 97.6% plunge in quarterly profit on Monday due to weak advertising demand. NDTV reported a consolidated net profit of 5.9 million rupees ($72,206.58) for the quarter ended March 31, compared with 241.6 million rupees a year earlier. Revenue from operations fell 35.5% to 669.6 million rupees due to a "slowdown in global advertisement spend," the media company said. Ports-to-energy conglomerate Adani Group holds an about 64.7% stake in NDTV through RRPR Holding and Vishvapradhan Commercial after a contentious battle last year. Last month, rival TV18 Broadcast Ltd (TVEB.NS), owned by Reliance Industries Ltd (RELI.NS), also reported a slump in quarterly profit, citing lower-than-expected advertising revenue.

☆ Indian news outlets ANI, NDTV say their Twitter accounts were suspended
▼ + stars: | 2023-04-29 | by ( ) www.reuters.com time to read: 1 min

April 29 (Reuters) - Indian broadcaster NDTV and the country's ANI news agency both said on Saturday their main Twitter accounts had been suspended. Searches on Twitter for NDTV's English service account @NDTV and the @ANI handle both produced the message "This account doesn’t exist. Try searching for another." Their other accounts appeared to be functional. Reporting by Rahat Sandhu in Bengaluru; Editing by Andrew HeavensOur Standards: The Thomson Reuters Trust Principles.

☆ Adani vs. Hindenburg: How Asia’s richest man lost his crown in just a few days
▼ + stars: | 2023-02-01 | by ( Jihye Lee | ) www.cnbc.com time to read: +5 min

Gautam Adani, billionaire and chairman of Adani Group, during an event at the Port of Haifa in Haifa, Israel, on Tuesday, Jan. 31, 2023. According to Forbes, Gautam Adani, the founder and chairman of the group, has lost his status as Asia's richest man to Mukesh Ambani, the chairman of Reliance Industries. Hindenburg, which said it has taken a short position in Adani Group, stands to benefit from the declining value of those stocks. Adani's battle with the short-seller firm has put the group's exposure to Wall Street — amounting to nearly $9 billion, according to JPMorgan — under the spotlight. In just one week, Indian billionaire Gautam Adani saw more than $34 billion wiped off his net worth, according to the Bloomberg Billionaires Index.

☆ Meet Gautam Adani, the Indian industrialist who started 2023 worth almost as much as Elon Musk, but whose wealth has plummeted rapidly
▼ + stars: | 2023-01-31 | by ( Grace Dean | ) www.businessinsider.com time to read: +6 min

Gautam Adani's wealth has fallen by more than a quarter over the first month of 2023. Adani founded the Adani Group, which was the target of a bombshell report by a short seller. Adani is founder and chairman of the Adani Group, a multinational conglomerate with businesses spanning energy, mining, ports, and airports. A report by Hindenburg Research, an investment-research firm and short seller, was the catalyst for the downwards spiral of Adani's wealth. According to Bloomberg, he holds close to 75% stakes in Adani Enterprises, Adani Power, and Adani Transmissions.

☆ Indian university reports power cut ahead of Modi documentary screening
▼ + stars: | 2023-01-25 | by ( ) www.nbcnews.com time to read: +4 min

Indian students said they would show again a BBC documentary about Prime Minister Narendra Modi that the government has dismissed as propaganda after a Tuesday campus screening was disrupted by a power cut and intimidation by opponents. The Students’ Federation of India (SFI) plans to show the documentary, “India: The Modi Question,” in every Indian state, its general secretary told Reuters on Wednesday. More than a dozen students were detained by police at a New Delhi university on Wednesday ahead of the screening, broadcaster NDTV reported. Police then detained more than a dozen students there about an hour ahead of the screening, according to the broadcaster. The media coordinator for the university administration did not comment when asked about the power cut on the campus.

☆ India is set to become the world’s most populous country. Can it create enough jobs?
▼ + stars: | 2023-01-17 | by ( Diksha Madhok | ) edition.cnn.com time to read: +5 min

New Delhi CNN —India will overtake China this year to become the world’s most populous country. That’s because India is simply not creating employment opportunities for the millions of young job seekers already entering the workforce every year. A huge crowd thronged India Gate on New Year's Eve on December 31, 2022 in New Delhi, India. The country needs to create at least 90 million new non-farm jobs by 2030 to absorb new workers, according to a 2020 report by McKinsey Global Institute. But, according to a former central banker, even this growth is “insufficient.”“A lot of this growth is jobless growth.

☆ India's NDTV says president, other senior execs resign
▼ + stars: | 2023-01-13 | by ( ) www.reuters.com time to read: +1 min

NDTV's chief strategy officer, Arijit Chatterjee, and chief technology and product officer, Kawaljit Singh Bedi, also quit, resignations that come after founders Prannoy Roy and Radhika Roy left the company's board in December. NDTV made several failed attempts to block the takeover, citing regulatory restrictions on moving shares. The ports-to-energy conglomerate's takeover had stoked fears over the freedom of the press among some journalists and led to Ravish Kumar, a senior executive editor at NDTV, resigning soon after Adani acquired its stake. While announcing the latest set of resignations, NDTV, in a regulatory filing, said, "The company is in the process of putting up a new leadership team which will set a fresh strategic direction and goals for the company." (This story has been refiled to correct the typographical error in the fourth paragraph)Reporting by Chris Thomas in Bengaluru; Editing by Savio D'SouzaOur Standards: The Thomson Reuters Trust Principles.

☆ Adani lifts payout for NDTV open offer to match payment to founders
▼ + stars: | 2023-01-03 | by ( ) www.reuters.com time to read: +1 min

BENGALURU, Jan 3 (Reuters) - Adani Enterprises (ADEL.NS) said on Tuesday it will raise the amount it pays New Delhi Television Ltd (NDTV.NS) stockholders who tendered their shares in the conglomerate's open offer to match what it paid the news broadcaster's founders for their stake. Adani Enterprises said it will pay an additional 48.65 rupees per NDTV share to investors who sold their shares in an open offer between Nov. 22 and Dec 5, taking the payout to 342.65 rupees per share and matching what it paid NDTV founders Radhika and Prannoy Roy. About 5.3 million shares were tendered in the open offer, at 294 rupees per share, and Indian billionaire Gautam Adani now controls about 65% of NDTV after acquiring a 27.26% stake from the Roys last week, four months after launching his takeover. Founded in 1988 and owned by the husband-and-wife team, NDTV had said the takeover move "was executed without any input from, conversation with, or consent of the NDTV founders". Still, the founders sold a majority of their shares and retained only a 5% stake.

Search resuls for: "NDTV"

25 mentions found