Congress targets Adani’s NDTV takeover, said this

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Congress On Adani NDTV Deal: Amid experiences that industrialist Gautam Adani has acquired New Delhi Tv Restricted (NDTV), the Congress on Wednesday alleged that the corporate, owned by a “special friend” of Prime Minister Narendra Modi, was making an attempt to destroy impartial media. is a step taken to regulate and suppress it.

The Adani Group had earlier acquired an organization previously linked to rival industrialist Mukesh Ambani. This firm had given a mortgage of Rs 250 crore to NDTV in 2008-09. The Adani Group firm has now used this mortgage as an choice to convert it right into a 29.18 per cent stake within the information channel.

Concurrently, it has made an open provide of Rs 493 crore to amass an extra 26 per cent stake in NDTV, the group mentioned in a press release. This transfer by the Adani Group has the potential to vary the media panorama. The house owners of NDTV, one of many nation’s hottest information channels, mentioned they weren’t conscious of the acquisition until Tuesday and it was a choice taken with none dialogue or consent.

On this growth, Congress General Secretary Jairam Ramesh tweeted, “The news of the malicious takeover of a well-known TV news network by a company highly indebted to the Prime Minister’s ‘special friend’ is a concentration of economic and political power.” Shameless step taken to regulate and suppress the media.

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