Top Story

e4m_logo.png

Home >> Media - TV >> Article

NDTV rules out sell-off to Adani Group; calls reports false & baseless

26-August-2014
Font Size   16
Share
NDTV rules out sell-off to Adani Group; calls reports false & baseless

NDTV Group has put to rest all rumours and speculations regarding Adani Group buying a huge stake in the Group.

In an official statement issued, NDTV has stated, “All and any reports of the Adani Group looking to acquire a stake in NDTV Ltd are utterly false and entirely baseless. We request all media houses and publications to refrain from publishing any such motivated rumours.”

The growing buzz in the market suggests that Adani Group is interested in buying NDTV and carried a valuation of Rs 600 crore as the current market valuation of NDTV is Rs 529 crore.

Adding to that, it was reported in the media that the broadcaster is asking for Rs 900 crore.

Following Mukesh Ambani taking over the Netowork18 Group on May 29 this year, there have been speculations about NDTV, too, being up for sale. 

NewsCode, a hyper local online news platform was launched last night with a network of over 350 local reporters in Karnataka and Jharkhand. Apurv Swarup, the co-founder talked to Exchange4Media about his vision

Innovation and connecting with customers in all ways possible is their mantra for successful marketing communication

Bixler revealed that the likes of The Ministry of Tourism, The Art of Living and The Indian Debating Union have partnered with the festival that will be showcasing the culture and diversity of India

In conversation with exchange4media, Vighnesh Shahane, CEO, IDBI Federal Life Insurance, spoke about his vision for this new marketing initiative, how the brand’s marketing efforts through sports have helped them and his business goals for 2018

Times Network renews contracts with all its primetime sponsors for all its news channels and adds 20 new brands to its kitty

Innovation and connecting with customers in all ways possible is their mantra for successful marketing communication

Bixler revealed that the likes of The Ministry of Tourism, The Art of Living and The Indian Debating Union have partnered with the festival that will be showcasing the culture and diversity of India