Latest


New Delhi: NDTV to Split into Two Companies

  •   Sat, Oct 04 2008 11:54:36 AM

TNN
 
New Delhi, Oct 4: To unlock the shareholders’ value, NDTV will be split into two companies. The present listed company NDTV Ltd will engage in non-news business. The newly-formed company following the demerger will engage in news and allied business.

After the demerger, for every one share currently held in NDTV Ltd, a shareholder will receive one share in new company. The aim of the demerger is to unlock shareholder value as well as provide increased choice and flexibility to shareholders. Moreover, the news business and the entertainment businesses operate under very different regulatory environments. 

  

Top Stories

Gujjadi Swarna Jewellers’ 60th anniversary, special discounts from Jul 1-14

  •   17 hours ago   

Leave a Comment

Title: New Delhi: NDTV to Split into Two Companies



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.

You might also like