Correct Answer : Adani Group
GAUTAM ADANI-led Adani Group, a conglomerate with diverse business interests, Tuesday(23rd Aug 2022) acquired 29.18 per cent stake in television channel NDTV Ltd, and said it will launch an open offer as required by the Securities and Exchange Board of India (SEBI) to buy another 26 per cent in the company.
The
Adani Group — which in May this year said it will
acquire 49 per cent in
digital news provider BloombergQuint — aims to further boost its media investment with a television channel under its umbrella. In a notice to stock exchanges, NDTV said the acquisition was executed without any input from, conversation with, or consent of
NDTV founders Prannoy Roy and Radhika Roy. The
two continue to hold
32.26 per cent in NDTV..
Source : Indian Express
