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NDTV's promoter group made an open offer in 2008, for which they borrowed Rs 5.40 billion from Indiabulls Financial Services to finance this open offer The Securities and Exchange Board of India (Sebi) on Tuesday passed an order asking Vishvapradhan Commercial Pvt Ltd (VCPL) to make an open offer in New Delhi Television Ltd (NDTV). The order noted that VCPL had acquired indirect control through a loan agreement in 2009, which would have necessitated an open offer at the time. The regulator has now asked for this open offer to be made with interest. “The noticee shall, along with the offer price, pay interest at the rate of 10 per cent per annum from the date when they incurred the liability to make the public announcement till the date of payment of consideration,” said the order. The loan in question also originated from a separate open offer. NDTV’s promoter group made an open offer in 2008, for which they borrowed Rs 5.40 billion from Indiabulls Financial Servi...

The "removal" of India's first prime minister  Jawaharlal Nehru 's name from new textbooks for classes sixth to eight in Rajasthan elicited a strong reaction from the Congress even as the Bharatiya Janata Party (BJP) denied any wrongdoing. The textbook, according to an  Indian Express  report, has been written "following a year-long curriculum re­structuring exercise". According to a  NDTV  report, the textbook, "Samajik Vigyan", makes no mention of  Nehru as a freedom fighter or as "a leader of Independent India". The report adds that the textbook does not mention Mahatma Gandhi's assassination at the hands of Nathuram Godse. The Rajasthan unit of the Congress on Sunday reacted strongly to the move. State Congress chief Sachin Pilot told IANS on phone: "It's absolutely unacceptable that the BJP is working in a vindictive manner by not even mentioning India's first prime minister in the textbooks." Re...