The Adani group has been focused on mining, ports and airports so far, but the latest reports suggest that the group is now planning to venture into media as well. It is being said that the Adani group has eyed a popular news channel, which has been embroiled in controversies and other legal issues. The Adani group is said to have struck a deal with this channel at Rs. 16 Crores and the news is said to be made official very soon.
On the other hand, the Adani group is said to have eyed this media company as the group, and the BJP feel that it is the biggest threat to them in the country. While the Adani group is all set to acquire this channel, no one knows how the group is managing to invest such a huge amount in the procurement of the news channel. The SEB is still investigating the issue of the Adani group’s income.
The deal between the media channel and the Adani group is expected to take place soon in London, and the channel will be in English and Hindi. The Adani group has always acquired companies that have well established themselves and not once has contributed to the growth of a company from scratch.
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