CURRENT AFFAIRS

Detailed explanation-1: –Adani group exercised those rights in August last year, which NDTV at that time said was done without its consent. - By virtue of that, the Adani group took control of RRPR Holdings, which held a 29.18 per cent stake in NDTV.

Detailed explanation-2: -NEW DELHI: Adani group on Friday gained full control of news broadcaster NDTV after it acquired most of founders – Prannoy Roy and Radhika Roy – stake at a premium of almost 17 per cent over the rate it paid to minority shareholders of the firm.

Detailed explanation-3: -The Adani Group on Friday said it has acquired a 27.26% equity stake in NDTV from Prannoy Roy and his wife Radhika Roy, founders of the news broadcaster.

Detailed explanation-4: -It was founded by Gautam Adani, in 1988 as a commodity trading business, with the flagship company Adani Enterprises.

Detailed explanation-5: -Gautam Adani, the world’s third-richest man, took majority control of New Delhi Television, or NDTV, after founders Prannoy Roy and Radhika Roy sold a 27.26% stake in NDTV to an Adani unit for ₹602 crore in several block deals.