All about Adani's media entity that bought 29.18% stake in NDTV2 min read . Updated: 24 Aug 2022, 04:42 PM IST
Billionaire Gautam Adani's conglomerate will buy a majority stake in NDTV, marking its most high-profile media bet and setting the stage for a face-off in the sector with fellow tycoon Mukesh Ambani.
Adani Group on Tuesday indirectly acquired a 29.2% stake in New Delhi Television Ltd by buying VCPL, and offered to buy another 26% from the open market, NDTV said the move to take control of the media company's major shareholder was without consent from the firm or its founders.
Select your Category