Indian Billionaire Gautam Adani is to control 64.71% of New Delhi Television Ltd (NDTV) as the founders have decided to sell most of the shares. The founders of NDTV, Prannoy Roy and his wife Radhika Roy have decided to transfer most of the shares in the company giving Gautam Adani his conglomerate control of about 65% of NDTV. The decision comes after four months after Gautam Adani announced his takeover of the news channel.
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New Delhi Television Ltd or NDTV is an Indian news media company that was founded in 1984. The founders of NDTV are economists Prannoy Roy and Radhika Roy. The husband-and-wife duo is from Kolkata. In August 2022, the Adani Group launched a hostile bid to take over NDTV.
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