India’s Richest Man Acquires Stake in News Portal Raising Concern about Media Independence
The RRPR Holding officially announced on Monday, Nov. 30, that they had transferred their 29.1% shares of New Delhi Television (NDTV), India's leading news publication and TV channel, to the Adani Group. In August this year, the Adani Group also put out an open offer for an additional 26% stake in NDTV, which will potentially give the industrial conglomerate a controlling interest in the media house.