NDTV founder entity transfers shares to Adani Group

NDTV said an entity backed by its founders had issued shares to a unit of Adani Group, giving Adani control over a 29.18% stake in the news group. The conglomerate is also running an open offer until December 5 to buy as much as 1.676 crore shares, equalling 26% of equity, from NDTV's minority investors.