Takeover of NDTV a ‘responsibility’, says Gautam Adani

Indian billionaire Gautam Adani sees the takeover of news broadcaster New Delhi Television Ltd (NDTV) as a “responsibility” rather than a business opportunity, he said in an interview with the Financial Times on Friday.

The ports-to-energy conglomerate run by Adani, Asia’s richest person, unveiled plans late in August to acquire a majority stake in NDTV, seen as a bastion of independent media.

The takeover attempt has triggered concerns among journalists and politicians that a change of ownership could undermine NDTV’s editorial integrity.