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MUKESH AMBANI FRIENDLY FIRMS ACQUIRE MAJORITY CONTROL IN NDTV

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It is now established that SpiceJet owner Ajay Singh has withdrawn from acquiring NDTV citing complicated legal cases and bad finances as the reason for his exit, but according to a website PGurus.com, Mukesh Ambani has taken majority control of the television network through recent purchases in stock exchanges using some friendly trading funds.

The report claims that Ambani now owns more than 51 per cent of the NDTV shares through his associated companies and trading funds. It could be...

MUKESH AMBANI FRIENDLY FIRMS ACQUIRE MAJORITY CONTROL IN NDTV

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