Adani Group, led by Indian billionaire Gautam Adani, finalizes acquisition of NDTV
Indian billionaire Gautam Adani's Adani Group has finalized the takeover of New Delhi Television (NDTV), one of India's oldest and most respected news channels, marking a significant development in the country's media landscape. The acquisition comes amid concerns about media freedom and the government's crackdown on journalists critical of its policies. The latest purchase gives Adani's conglomerate a 64.71 per cent stake in NDTV, renowned for inviting government critics and its hard-hitting reporting.
The acquisition has raised concerns among media watchdogs and journalists' associations, who fear that the Adani Group's close ties with the government and its business interests could influence NDTV's editorial independence. NDTV has a reputation for critical and independent journalism, and its coverage has often been at odds with the government's narrative.
Gautam Adani, the founder and chairman of the Adani Group, is one of India's richest men and has close ties with Prime Minister Narendra Modi's government. His company has interests in a range of sectors, including energy, infrastructure, and logistics.
The Adani Group has said that the acquisition of NDTV is part of its strategy to expand into the media and entertainment industry. However, the move has raised concerns about media freedom in India, where journalists have faced increasing pressure and censorship in recent years.
The acquisition has raised concerns among media watchdogs and journalists' associations, who fear that the Adani Group's close ties with the government and its business interests could influence NDTV's editorial independence. NDTV has a reputation for critical and independent journalism, and its coverage has often been at odds with the government's narrative.
Gautam Adani, the founder and chairman of the Adani Group, is one of India's richest men and has close ties with Prime Minister Narendra Modi's government. His company has interests in a range of sectors, including energy, infrastructure, and logistics.
The Adani Group has said that the acquisition of NDTV is part of its strategy to expand into the media and entertainment industry. However, the move has raised concerns about media freedom in India, where journalists have faced increasing pressure and censorship in recent years.
