It is unlikely that the ongoing chaos will derail India's rising economys long-term story. We have a long way to go and much to achieve. There are many stocks and sectors with high quality and credentials. If you have money on the table, it is a good time to start executing in a calculated manner with a medium to long-term view. If you are a cautious investor, you can wait for the time period and deploy in the future in a SIP manner.

Dalal Street investors were left poorer by Rs 4.9 lakh crore as the total market capitalisation of BSE-listed stocks dropped to Rs 2,76,495 lakh crore. Bank stocks were among the worst affected as Nifty Bank lost over 1,000 points or 2.5%. PSU bank stocks, which were outperforming in the last few months, were among the worst hit.

This takes the offer price to 342.65 rupees per share, matching what Adani paid NDTV founders when they sold their stake to the conglomerate last week.

Issuing a statement, Adani group said subsequent to change in control, the Board of NDTV has been further strengthened with the appointment of two more members - Sunil Kumar (fromer IAS officer) and Aman Kumar Singh (former civil servant)

Adani Group acquired a 29.18 per cent stake in NDTV by buying a company backed by the television network's founders, Radhika Roy and Prannoy Roy. Thereafter, it made an open offer to acquire an additional 26 per cent from public shareholders.

While the deft legal move shows the ingenuity of the tycoon and his dealmakers in clinching acquisitions — Adanis entry into NDTV four months ago was also via an indirect route — it could invoke the regulators scrutiny on grounds that it is unfair to common shareholders.

Following this, the Adani Group became the single largest shareholder in NDTV after first buying out a company backed by the founders and then acquiring more shares from the open market. “With mutual agreement, we have decided to divest most of our shares in NDTV to the AMG Media Network,” the Roys said in the release.

Following the recent open offer by Adani Group, AMG Media Network is the single-largest shareholder in NDTV

Adani Group stocks have given fabulous returns to investors this year with four out of seven stocks of the giant giving multibagger returns going up to 200%. In the last one year, the group's total market cap has also nearly doubled to Rs 18.6 lakh crore in mid-December as compared to Rs 9.6 lakh crore in 2021.

Quant Mutual Fund has picked half a percent stake in Jindal Stainless. The stock surged more than 10 percent to Rs 197.3.

Once the ₹493-crore open offer goes through, the Gautam Adani-led conglomerate's stake in the news broadcaster will increase to 37.44%. In August, Adani acquired a 29.18% stake in the broadcasting company. As of September 30, 2022, promoters Prannoy Roy and Radhika Roy owned 15.94% and 16.32% stakes in the company.

Although Adani's group was looking to take another 26% stake in NDTV, the open offer attracted bids for just 5.3 million shares, translating to an 8.3% interest in the company

NDTV's latest shareholding pattern at the end of the September quarter shows that promoters Prannoy Roy and Radhika Roy own 15.94% and 16.32% of the company. RRPR owns a 29.18% stake in NDTV.

Against the offer to buy 1.67 crore shares, or 26% of equity - from NDTV's minority investors at a price of ₹294 apiece, Adani group has received offers for 53.27 lakh shares, according to data available on the National Stock Exchange (NSE) website.

The shares submitted so far represent more than 31.78% of the 16.8 million shares that the Adani Group has offered to buy under the compulsory open offer. On November 7, the market regulator had granted approval to the ₹492.81 crore open offer for a 26% stake.

NDTVs shares hit their upper circuit limit of 5% for the fifth straight day. With no sellers in sight, the stock was trading at Rs 470.05 on Thursday morning. The multibagger is up 308% so far in the calendar year 2022 but the stock hardly has any analyst coverage.

Adani Group's mandatory open offer to buy an additional 26% stake of NDTV's public shareholders comes after the conglomerate in August purchased Vishvapradhan Commercial Pvt Ltd (VCPL), which had lent ₹ 403.8 crore to RRPR Holding, the promoter group company of NDTV.

Adani's open offer price to buy an additional 26% stake in NDTV at Rs 294 per share is way below the current market price. The open offer, which began on November 22, closes on December 5. Exchange data showed that the offer has been subscribed 0.32 times so far.

Their resignation as directors of RRPR comes a day after the firm transferred its shares constituting up to 99.5 percent of its equity capital to VCPL, which is owned by AMG Media Network Ltd, the media arm of Adani group

The filing said that Sudipta Bhattacharya, Sanjay Pugalia and Senthil Sinniah Chengalvarayan have been appointed as directors on the board of RRPRH, and Prannoy Roy and Radhika Roy have resigned.

The promoter entity, RRPR Holding, has also approved the appointment of Sudipta Bhattacharya, the chief technology officer of Adani group, and Senthil Sinniah Chengalvarayan, an official of Vishvapradhan Commercial Pvt Ltd, as directors on its board.

With the transfer of shares to VCPL, the Adani-owned entity has taken over 29.18 percent stake in NDTV.

The transfer of shares will give Adani control over a 29.18% stake in the news group

The category of corporate investors have tendered the most at 3.9 million shares while retail investors have offered to sell a little over 706,000 shares to the ports-to-power conglomerate with qualified Institutional buyers making up the rest

The offer size is around ₹493 crore at a floor price of ₹294 a share. Earlier, market participants were doubtful if investors would tender shares in the open offer at all since the stock price was trading way higher than the purchase price. If fully subscribed, the ₹492.81 crore open offer will increase Adani group's holding in NDTV to 55.18%.

According to the data from BSE, a total of 27,72,159 NDTV shares amounting to 16.54 per cent of the offer size were tendered by the shareholders by 1600hrs on Thursday.

Initiates discussions with institutional and retail investors after appointing 2 banks, more to follow, capital to fund growth, increase public float

Adani had acquired the little-known company that lent over Rs 400 crore to NDTV's founders more than a decade ago in return for warrants that allowed the company to acquire a 29.18% stake in the newsgroup.

Kaynes Technologies India is set to make its debut at the bourses on Tuesday after the company raised Rs 858 crore via its initial public offering between November 10-14 by selling the shares in the range of Rs 559-587 apeice.

The statement on the market watchdog's website suggested that Gautam Adani-led conglomerate's open offer received the Sebi go-ahead Monday. The company has revised the open offer launch date to November 22 and the same shall close on December 5.

Rajesh Exports, AVG Logistics, Shahlon Silk Industries, MRC Agrotech, Lee & Nee Softwares, Milton Industries and Destiny Logistics & Infra are among the companies that will announce their results for September 2022 quarter today.

The Securities & Exchange Board of India, or SEBI, approved Adani Groups open offer, according to a statement on the market regulators website Monday, allowing Adani to buy more equity from the media firms minority shareholders. The conglomerate revised the offers roll out date to Nov. 22. It will close on Dec. 5, NDTV said last week.

Vishvapradhan Commercial Private Limited (VCPL) along with AMG Media Networks Limited (AMNL) and Adani Enterprises are making an open offer at a price of Rs 294 per share to acquire up to 26% stake in NDTV. The open offer, which was scheduled earlier to run from October 17-November 1 will now run from Nov 22-Dec 5.

Adani Green, Eicher Motors, Apollo Hospitals, Page Industries, Zomato, Trent, Jindal Steel , Indian Hotels, ConCor, Samvardhana Motherson and NHPC are among the companies that will announce their results for September 2022 quarter today.

Ambar Protein Industries and IKAB Securities & Investment also rallied 2,636 per cent and 1,847 per cent respectively during the period. Gensol Engineering also rose 1,637 per cent during the same period, the data suggest.

“We raised rates by 50 bps twice or three times as has been the US. Even now they are trying to really fight inflation by raising interest rates. I do not know when this settles as it is just not peaking out in the US. I do not know what happens in India. At some point, you might even see the RBI raising interest far too aggressively than how they have raised so far and that is my fear that liquidity is likely to dry up in the next 12 months globally as well as in India.”

“We raised rates by 50 bps twice or three times as has been the US. Even now they are trying to really fight inflation by raising interest rates. I do not know when this settles as it is just not peaking out in the US. I do not know what happens in India. At some point, you might even see the RBI raising interest far too aggressively than how they have raised so far and that is my fear that liquidity is likely to dry up in the next 12 months globally as well as in India.”

“We raised rates by 50 bps twice or three times as has been the US. Even now they are trying to really fight inflation by raising interest rates. I do not know when this settles as it is just not peaking out in the US. I do not know what happens in India. At some point, you might even see the RBI raising interest far too aggressively than how they have raised so far and that is my fear that liquidity is likely to dry up in the next 12 months globally as well as in India.”

According to the data from the Bloomberg index, Adani has added $72.5 billion to his wealth as his fortunes topped the $150 billion mark on Friday. Among other gainers, French logistics leader Rodolphe Saade and family and Swiss-Fintech mogul Guillaume Pousaz have added $12.4 billion and $11.7 billion in the current calendar.

Adani Group's flagship firm Adani Enterprises, led by the world's third richest man Gautam Adani, holds about 29.18 per cent stake in the company and is eyeing a controlling stake in the media broadcaster.

The last date for the public announcement for competing offers stands at September 21 and, if everything goes right, the tendering period for open offer will commence on October 17. The company intends to make a cash offer at a price of Rs 294 per share to acquire up to 16,762,530 shares, representing a 26 per cent stake.

The open offer for acquisition of up 1.67 crore equity shares, for which a price of Rs 294 per share has been fixed, will amount to Rs 492.81 crore if fully subscribed.

As per the viral video, which has been retweeted by several Twitter users, a person is seen loading sacks of ration in the boot of his car bearing a number plate belonging to Punjab.

Vinod Bahety, whos been helming Adani Enterprises Ltd.s M&A activity, will move to a new business vertical and a formal announcement could come as soon as this month, the people said. Adani Group has reached out to potential candidates for the job as the ports-to-power conglomerate is looking to expedite its dealmaking, said the people, who asked not to be identified as the information is private.