allegedly colluded with NBCUniversal, a subsidiary of General Electric in a complex money laundering scheme for evading taxation of what was noted to be relatively small amount of funds relative to the size of the companies. Securities and Exchange Board of India violation In September 2018, Roy and his wife Radhika were issued show cause notice by Securities and Exchange Board of India for violation of insider trading regulations though their company NDTV downplayed the notices stating they were seeking legal advice on the issue. Earlier that year, in the month March they were fined Rs 3 lac each by SEBI for disclosure lapses. Securities and Exchange Board of India barred Prannoy Roy and his wife Radhika Roy from accessing the securities market for 2 years after an investigation revealed that they concealed material info from shareholders regarding loan agreements and hence they cannot hold management positions in NDTV board. Central Bureau of Investigation case In 2017, the Central Bureau of Investigation (CBI) lodged a case against the company on allegations that it had defrauded ICICI Bank, and the offices of the company and residence of the founders, the Roys were raided by the bureau. The case was lodged on the basis of a complaint by a stockbroker Sanjay Dutt supported by the retracted Sunday Guardian article. It was noted that ICICI Bank itself considered the company to have returned the loan within an year and had not received any details of the case. The raids received condemnation and the CBI was accused of being under pressure from the government to act against the news broadcaster. In August 2019, the Central Bureau of Investigation filed a fresh case against Prannoy Roy, his wife Radhika Roy and former NDTV CEO Vikram Chandra for violating FDI rules and routing of tainted money of unknown public servants through shell firms. Awards Critics Award for Pioneering Work in Programming at the 1998 Screen Awards Best English News Channel of Asia in 2005 at the Asian Television Awards Best English News Channel in 2005 and 2006 at the Indian Television Academy Awards See also NDTV NDTV India References External links NDTV Group 24-hour television news channels in India English-language television stations in India Television stations in Delhi Television stations in New Delhi Mass media companies based in Delhi Indian companies established in 2003 Mass media companies established in 2003 Television channels and stations established in