BANGALORE - A proposed hostile takeover of a liberal journalist-owned Indian television company by billionaire Gautam Adani has sparked concerns about the future of media freedom in the world's largest democracy.
On Aug 23, the Adani Group said in a filing to the Securities Exchange Board of India (Sebi) that it had acquired a 29.18 per cent stake in New Delhi Television (NDTV) and would make an open offer for another 26 per cent soon.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you