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Adani Group Plans to Take Over IANS by Increasing Stake

The Adani Group, which Gautam Adani heads, has increased its investment in news agency IANS to more than 99 percent, spending five crore rupees on the deal. According to Gautam Adani News, after purchasing NDTV, media magnate Gautam Adaniu2019s Adani Group plans to increase its holdings in news agency IANS India Pvt. Ltd. until it owns the whole firm.<br><br>

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Adani Group Plans to Take Over IANS by Increasing Stake

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  1. ADANI GROUP PLANS TO TAKE OVER IANS BY INCREASING STAKE

  2. The Adani Group, which Gautam Adani heads, has increased its investment in news agency IANS to more than 99 percent, spending five crore rupees on the deal. According to Gautam Adani News, after purchasing NDTV, media magnate Gautam Adani’s Adani Group plans to increase its holdings in news agency IANS India Pvt. Ltd. until it owns the whole firm.

  3. Adani Enterprises Ltd. reported in its filing, “In continuation to our earlier intimation dated December 15, 2023, we would like to inform you that AMG Media Networks Ltd. (AMNL), a wholly-owned subsidiary of the company, has increased its stake in IANS India Private Limited, by subscribing to fresh shares issued by IANS.”

  4. The Adani Group started its venture into the media sector with a small interest in IANS, following the wider trend of conglomerates diversifying their holdings. Supposedly, the change was part of a larger effort to get into the media industry and tap into the dissemination power of information.

  5. According to Gautam Adani news, a new chapter has opened in India’s media landscape with the Adani Group’s decision to acquire a share in IANS, greater than 99 percent, effectively taking complete control of the network. It represents reaching out to the masses, even in the remotest regions, a quality that is inherent to the Adani Group.

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