Adani group believes that there is no restriction by Income Tax authorities on it acquiring a stake in NDTV, NDTV says conversion is barred by income-tax authorities.
The Roys have responded to the billionaire's midnight raid by saying that SEBI approval is required before the acquisition of NDTV's holding company goes through.
Business tycoon Gautam Adani is planning to acquire majority of stakes of NDTV channel, that has become a buzz in the news industry. Know how, Adani family went about planning the takeover along with NDTV s options