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Indian broadcaster NDTV posts 10th straight quarterly loss as costs rise
April 29 (Reuters) - India's New Delhi Television posted its 10th consecutive quarterly loss on Wednesday, as elevated expenses continued to weigh on the broadcaster's earnings.
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Indian broadcaster NDTV posts Q3 loss on elevated costs
Jan 28 (Reuters) - India's New Delhi Television posted its ninth-straight quarterly loss on Wednesday, as the news broadcaster's higher expenses continued to pressure margins.
cityfalcon.com
Bird strike may have caused Air India crash – expert
Saurabh Bhatnagar told Indian news TV channel New Delhi Television LTD the incident appears to involve ‘multiple bird hits’.
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Bill Ackman Says Hindenburg Research Closing 'A Big Loss,' Praises Short Seller's Contribution To Markets: 'Short Selling Is Really Hard'
Billionaire investor Bill Ackman praised Hindenburg Research ‘s contributions to capital markets following the influential short-seller’s unexpected closure, highlighting the firm’s crucial role in exposing corporate misconduct during its seven-year run . What Happened : “This is a great letter from the founder of Hindenburg Research,” wrote Ackman, CEO of Pershing Square Capital Management , on X. “Short selling is really hard. Done well, when the research is shared publicly, it is a very important contribution to the proper functioning of the capital markets.” The closure announcement triggered market reactions across companies previously targeted by Hindenburg, with India’s Adani Group seeing its listed entities gain over $5.9 billion in market value on Thursday. New Delhi Television Ltd. , an Adani-owned media company, surged 13% on Indian exchanges. Founded in 2017 by Nathan Anderson , Hindenburg gained prominence after its 2020 investigation into Nikola Corp. (NASDAQ: NKLA ) revealed the electric vehicle maker had staged a product demonstration video.
cityfalcon.com
India's Second Richest Man's Conglomerate, Rattled By Hindenburg Research's Damning Report In 2023, Adds Over $5.9 Billion After Short Seller Shuts Shop
Shares of Adani group companies rose and added over $5.9 billion to investor wealth on Thursday, following the shutdown of the short-seller Hindenburg Research , as announced by its founder Nathan Anderson in a farewell note on Wednesday. What Happened: Around ten listed companies owned by the Indian billionaire Gautam Adani , rose intraday on the Indian exchanges, led by the media company, New Delhi Television Ltd. While NDTV rose over 13%, Indian cement companies like Ambuja Cements Ltd. , and Sanghi Industries Ltd. rose 3.6% and 3.25%, respectively. Adani Green Energy Ltd. was up by 3.47%, whereas Adani Ports & SEZ Ltd. advanced by 2.44%. The ten listed stocks under ... Full story available on Benzinga.com
cityfalcon.com

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