NDTV is in the news again after a serious indictment from the market regulator-SEBI for financial irregularities. On previous occasions as well, NDTV has been in the dock for cases of similar nature including serious tax evasion cases.
In yet another setback for controversial media group NDTV, SEBI has imposed a penalty of Rs. 12 lakh on New Delhi Television Ltd (NDTV) for failing to make timely disclosures to the stock exchanges.
In a major jolt to NDTV promoters, Prannoy Roy and Radhika Roy, Securities and Exchange Board of India has barred them from accessing Securities Markets and holding any management position in NDTV for the next 2 years
One name in that stood out in the list of 12 officers and created quite the flutter, was SK Srivastava, the man who had been leading the charge against NDTV.