Adani’s possible takeover of liberal NDTV sparks concerns about media freedom in India

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 filed in the Securities Exchange Board of India (SEBI) that it acquired a 29.18 per cent stake in NDTV and would make an open offer for another 26 per cent soon.