Friday, November 22

Tag: VCPL

Who is The Real Owner of NDTV? Pranab Roy or Mukesh Ambani!
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Who is The Real Owner of NDTV? Pranab Roy or Mukesh Ambani!

Disclaimer - The information in the article about the deal of NDTV and Reliance has been derived from various sources and we have tried our best to collect all the facts and come up with a clearer view of the case. The readers can go through the story and analyze the whole deal according to their point of view. For a long time, a question might have been troubling a lot of people in the business space: Who really owns NDTV, Roys or Ambani? NDTV founders Prannoy Roy, his wife Radhika Roy and their private holding company RRPR Holding raised a loan amounting to Rs 350 crore, without any interest, from Vishvapradhan Commercial (VCPL), a subsidiary of Mukesh Ambani's Reliance Industries Ltd (RIL) on 21st July 2009. It is said that in the form of a loan, this was basically an ...