Bloodbath at NDTV: 3 more top officials including CTO, ex-CEO quit after Adani takeover

NDTV has witnessed several top-level resignation since Adani Group took over the media company last month.

NDTV to be fully owned by Adani now

In a joint statement to the stock exchange, New Delhi Television Ltd (NDTV) founders Prannoy Roy and his wife Radhika Roy  on Friday said they will sell their remaining stakes in the organisation to Adani Group. Calling NDTV synonymous with Trust, Credibility, and Independence, the note read, “The AMG Media Network, after the recent Open […]

Adani Group wins Mumbai’s Dharavi redevelopment project for Rs 5,069-crore

Gautam Adani-run Adani Group won the government tender for Dharavi redevelopment project for Rs 5,069 crore, beating DLF Group that submitted a bid of 2,025 crore, on Tuesday. The Maharashtra government authorities, on November 29, opened the financial bids for the redevelopment of Dharavi, the largest slum cluster in Asia. The winner was selected on […]

Adani’s Offer To Acquire Addl Stakes In NDTV Opens

Indian conglomerate Adani Group’s open offer to acquire an additional 26 per cent stake in the news media company, NDTV (New Delhi Television) opened from the equity market commenced on Tuesday. Adani Group, helmed by billionaire Gautam Adani, will have controlling and management powers once the process is completed. A price band of ₹294 has been […]

Defiance, Hypocrisy Or Business? Gehlot Welcomes Adani

On a day when Congress MP Rahul Gandhi attacked PM Narendra Modi for granting undue favours to his “industrialist friends”, Rajasthan CM Ashok Gehlot hosted Gautam Adani, the world’s second richest businessman in Jaipur, with many seeing it as an act of defiance.

Adani To Acquire 29.18% Stake In NDTV

AMG Media Networks Limited, the media arm of the Adani Group, on Tuesday announced to acquire 29.18 per cent stake indirectly in New Delhi Television Network (NDTV). In a statement, the Adani Group said that AMG Media Networks’ wholly owned subsidiary Vishvapradhan Commercial Private Limited (VCPL) will acquire a 99.99 per cent stake in RRPR […]

Adani Enters Industrial 5G Space

NEW DELHI: The Adani group on Monday announced its foray into industrial 5G space after they acquired 400 MHz of the spectrum in the 26GHz millimetre wave band in the 5G airwaves auction. Adani Data Networks Ltd (ADNL), the digital connectivity solutions arm of the Adani Group, secured this spectrum for 20 years in the […]

Adani Lays Roadmap For Expansion At Shareholders Meeting

NEW DELHI: Gautam Adani, the chairman and founder of Adani Enterprises and the fourth richest person in the world, spoke to shareholders during the conglomerate’s annual general meeting (AGM) and outlined the conglomerate’s plans. Adani praised the Indian government for its concentrated efforts in the field of renewable energy, noting that the country has experienced a […]

Adani Ports Acquires Israel’s Haifa Port

AHMEDABAD/ NEW DELHI: The joint venture of Adani Ports and Special Economic Zone Limited (APSEZ) and Gadot Group had won the bid to acquire the Haifa Port, Israel’s second largest port, the Indian conglomerate said on Friday. Through the winning bid, the Adani-Gadot consortium has secured the rights to buy 100 per cent shares of […]

5G Race Gets Hotter, Adani In Fray To Acquire Spectrum

NEW DELHI: One of the richest men in Asia has joined the 5G spectrum race. Billionaire Gautam Adani’s Adani Group on Saturday confirmed that it will enter the race to acquire telecom spectrum. The decision holds significance as he will compete directly with Mukesh Ambani’s Reliance Jio and Sunil Bharti Mittal’s Airtel. “As India prepares […]