NDTV takeover bid by India’s richest man sparks media freedom fears 29.08.2022

Deutsche Welle | Aug 29, 2022 at 2:00 AM
  • Last week, the richest man in Asia and ally of Prime Minister Narendra Modi mounted a takeover attempt of New Delhi Television Limited (NDTV), a broadcaster that pioneered independent news in India.
  • Through his Adani Media Networks Limited (AMNL), Gautam Adani announced the acquisition of a 29% stake in NDTV and a proposal to buy an additional 26% from public shareholders making it a majority stakeholder.
  • The takeover of NDTV barely two years before India’s next general election in 2024 is seen by many as part of a strategy to overwhelmingly dominate the media discourse in favor of Prime Minister Modi.