But Adani said in a statement Friday that NDTV`s founders` arguments were “baseless, legally untenable.” Responsibilities: 1. Draft and review various legal documents such as NDAs, letters of intent, vacation and license agreements, personnel contracts, assignment agreements, content co-production agreements, production agreements, content distribution agreements, content acquisition contracts, artist service contracts, music composer contracts, licensing agreements, channel agreements, content sharing agreements with different mobile operators, etc.2. Design legal processes and develop standardized templates.3 Draft opinions and replies to opinions4. Provide feedback to resolve contractual disputes- Ensure timely and appropriate record keeping by the contracting team- Maintain filing, scanning, printing, postage of all agreements,5. Handle intellectual property issues and monitor the registration and protection of trademarks, domain names, copyrights, etc.6 of the company. Advising the departments concerned on various legal matters.7. In coordination with the lawyers, various departments of the company are attempting to proceed with the takeover by a little-known Indian company, Vishvapradhan Commercial Private Ltd. Indian multinational Adani Group has appointed Prime Minister Devaiah as General Counsel. Devaiah comes from the Everstone Group, which hired Pratibha Jain, a former partner at Nishith Desai Associates (NDA), to replace him. NDTV shares hit the maximum allowed limit of 5% in morning trading on Friday, marking the third straight day of gains after Adani showed his hand.
The stock is currently trading at its highest level in about 14 years. The takeover bid by a group led by Asia`s richest man, Gautam Adani, has raised concerns about NDTV`s editorial integrity. NDTV maintains a 2020 regulatory order that prohibits kings from trading in Indian markets until November. 26, 2022, after an investigation revealed that they had made illegal profits related to suspicions of insider trading in NDTV shares. Test yourself and see if you are suitable for this job. Your results will not be shared with the recruiter. VCPL granted NDTV`s founders loans of 4 billion rupees ($50 million) more than a decade ago in exchange for warrants that allowed it to buy a stake in the newsgroup at any time. The conglomerate said on Aug.
23 that it had acquired VCPL and exercised those rights for a 29.18 percent stake. Regardless, he added that he would make an open offer for another 26% stake up to $62 million. The news network said it was caught off guard by Adani`s decision. Views:3980 Applications:652 Rec. actions:Recruiter actions:52 NDTV`s television attempt began in 1988, when it produced a news and information program “The World This Week” for the state broadcaster Doordarshan. The show proved immensely popular and NDTV established its image as a credible private news producer. It has become the sole provider and producer of news content for India`s leading 24-hour news channel, Star News. The company`s biggest milestone was achieved in 2003 when it launched two 24-hour news channels – NDTV 24×7 in English and NDTV India in Hindi – followed by a 24-hour business news channel NDTV Profit in 2005, which quickly became a leading economic news channel.
NDTV and the market regulator did not immediately respond to requests for comment. India`s Adani Group on Friday denied claims by New Delhi Television that regulatory restrictions were preventing its founders from selling their stakes, prolonging the battle for control of a news network seen as a stronghold of independent media. Conclusion of end-to-end contracts independently for all aspects of the business; Work closely with relevant business leaders and other stakeholders to ensure effective negotiation and timely conclusion of required contracts. The founders` investment company is not part of the regulatory restrictions and is “obliged to immediately fulfill its obligation and allocate the shares to the conglomerate”. “The two sides are now clearly at odds and may need help from regulators or courts,” said Sumit Agrawal, founder of Indian law firm Regstreet Law Advisors and former head of the Indian market regulator. Cyril Amarchand Mangaldas advised Indian conglomerate Adani Group on the acquisition of Swiss Holcim`s Indian cement business advised by AZB & Partners for $10.5 billion. NDTV on Thursday tried to block Adani`s decision by saying its founders Prannoy and Radhika Roy have been prevented from buying or selling shares in the Indian securities market since 2020, and therefore cannot transfer the shares Adani is trying to obtain. This job posting was published a long time ago. It may not be active. It was also not deleted by the recruiter. Please use your discretion.