MUMBAI - New Delhi Television Ltd said a major stake sale by its founders to Adani group would require clearance from India's tax authorities, adding another hurdle to the conglomerate's bid to take control of the popular news network. Read more at straitstimes.com.
MUMBAI - New Delhi Television Ltd said a major stake sale by its founders to Adani group would require clearance from India's tax authorities, adding another hurdle to the conglomerate's bid to take control of the popular news network.
NDTV and Adani have locked horns in public after the conglomerate, run by India's richest man Gautam Adani, last week unveiled plans to control a majority stake in the news network seen as bastion of independent media. Adani Group said last week it had exercised those rights, which NDTV said was done without its consent.