Adani Group raises its stake in IANS

Adani Group's media arm, AMG Media Networks, has increased its stake in IANS India by subscribing to fresh shares worth 50 million rupees, bringing its ownership to 76%.

This move follows Adani's recent acquisitions, including a 65% stake in NDTV and Quintillion Business Media.

The conglomerate's media assets, like NDTV, compete with Reliance Industries-owned News18 and Moneycontrol in the Indian media landscape.