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The Hindu

National

Reuters

NDTV invites VCPL to join application to Income Tax Department over shares

NDTV VCPL Income Tax Adani Group

New Delhi Television Ltd said late on Wednesday that it had invited Vishvapradhan Commercial Pvt Ltd (VCPL) to join its application to Income Tax authorities regarding provisional attachment of the television channel’s shares in 2017.

NDTV said in a statement its shares held by parent RRPRH were provisionally attached by the Income Tax authorities in 2017.

Also read: NDTV: the hostile takeover

NDTV and Adani Group have locked horns in public after the group, run by India’s richest man Gautam Adani, unveiled plans last week to control a majority stake in the news network.

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Radio France Internationale

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The Guardian - US

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