Answer: Adani Group
Notes: On December 15th, 2023, the Indian conglomerate announced that its media subsidiary AMG Media Networks has purchased a 50.5 percent share in IANS India for Rs 5.1 lakh. The acquisition provides Adani with controlling interest over the Indian newswire service. It marks another strategic investment in the media sector for a group whose portfolio includes broadcasting, print media, digital news apps, and more. According to regulatory filings, AMG Media Networks executed the transaction to strengthen Adani's position as an integrated media organization spanning traditional news and digital platforms. IANS India will operate under the umbrella of the Group's burgeoning media operations.
