Adani Group Becomes a Major Player in Media Sector with IANS Acquisition
The Adani Group, one of India’s largest conglomerates, has made a significant move to strengthen its presence in the media sector by acquiring a 50.5% stake in the news agency Indo-Asian News Service (IANS)¹²³. The acquisition was carried out by AMG Media Networks Ltd, a wholly owned subsidiary of Adani Enterprises¹²³, the flagship company of the Adani Group.