What does Adani's partial takeover of NDTV mean?
The Adani group has interests in power, ports, energy etc, all businesses that require it to work closely with governments.
Adani's partial takeover of NDTV explained
The Gautam Adani-led Adani Group acquires a 100% stake in Vishvapradhan Commercial Private Limited
?Chairman Gautam Adani, the world’s third-richest man, would own just over 55% of one of India’s most trusted news broadcasters
AMG Media Network, a part of the USD 23-billion Adani Group, acquired RRPR, triggering an open offer for another 26%
Prannoy Roy and Radhika Roy are the progenitors of private TV news in India
NDTV’s strength has been questioning the establishment on every side of the ideological divide.
The transfer of equity shares from RRPR Holding to VCPL was completed on Nov 28
Next : From Kurtas to Sarees: How to Look Stylish on Republic Day
Read More