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NDTV takeover a responsibility, not business opportunity: Gautam Adani

Adani wants to build a global news brand; plans to invest $4 bn in a petrochemical complex

Photo: Bloomberg
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Photo: Bloomberg

BS Reporter New Delhi
Billionaire Gautam Adani, chairman of the Adani group, which is in the midst of taking over news broadcaster New Delhi Television Ltd (NDTV), wants to build a global news brand as India “does not have one single [outlet]” compared to big international media houses.  

“Why can’t you support one media house to become independent and have a global footprint?” Adani said in an interview with the Financial Times.

He said the NDTV purchase was a “responsibility” rather than a “business opportunity” for him, and invited NDTV owner-founder Prannoy Roy to remain its head.

Earlier, NDTV had said the move by the Adani group

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