Two days after Mint front-paged a story that SEBI was looking into the Reliance-Network18/TV18-ETV deal, the country’s biggest business newspaper, The Economic Times has joined force. A story on page 9 of ET, headlined “Will the RIL-TV18 deal trigger takeover code?“, says SEBI “may ask for details” about Reliance funding Network18/TV18 to help it purchase…
Tag Archives: SEBI
Tehelka promoter’s woes just don’t seem to end
K.D. Singh, the controversial promoter behind Tehelka magazine and its shelved Financial World newspaper project, is once again in the news—for the wrong reasons. Already under a shadow after allegedly buying his way into Parliament last June, and after being stopped at Delhi airport with Rs 57 lakh cash last month, India Today magazine reports…
‘If we don’t get it first, why should we want it?’
Network 18 bossman, Raghav Bahl, receives some loaded questions from Sunil Jain of the Financial Express, in an interaction with journalists of the The Indian Express group: Sunil Jain: The SEBI chief [M. Damodaran] once spoke of “anchor-investors”. Also, how do you justify your getting into private treaties? Raghav Bahl: On “anchor-investors”, I never quite…
Pyramid Saimira, Tatva & Times Private Treaties
SHARANYA KANVILKAR writes from Bombay: A nice little question mark hangs over Times Private Treaties, the controversial investment arm of The Times of India group, after India’s stock market regular yesterday barred 230 persons/entities from dealing in the securities market following their “prima facie” involvement in a forgery scam involving Pyramid Saimira Theatre Limited, an…
Will you buy a second-hand stock from this man?
India’s Supreme Court has issued a notice to CNBC-TV18 financial analyst Mathew Easow, and asked him to disclose his contract with the TV channel after the stock market regular found him advising viewers to buy stocks which his associate companies were selling in the market. The court has also stayed an appellate tribunal’s order overturning…
Business journalism or the journalism of business?
The quality of Indian journalism has been under question for as long as Indian journalism has been around, especially by those who found the news and views contrary to their own closely-held beliefs, assumptions and ideologies. Quibbles like the agendas of publishers and editors; the bias and prejudice of journalists; the unethical trade and professional…