Billionaire Gautam Adani s group has acquired the remaining 51 per cent stake in Quintillion Business Media Pvt Ltd to take full control of the Raghav Bahl-curated digital business news platform for an undisclosed amount.
Adani Enterprises Ltd, the ports-to-energy conglomerate s flagship firm, in
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Billionaire Gautam Adani s group has acquired the remaining 51% stake in Quintillion Business Media Pvt Ltd, gaining full control of the digital business news platform. Adani Enterprises Ltd announced the acquisition without disclosing financial details. Quintillion was Adani s initial venture into the Indian news industry, and this acquisition solidifies their presence in the media sector.
Adani Enterprises Ltd, the ports-to-energy conglomerate's flagship firm, said its subsidiary AMG Media Networks Ltd "has executed a share purchase agreement for the acquisition of remaining 51 per cent stake in QBML"