Founders of India’s News Outlet NDTV Resign After Billionaire’s Takeover of Company

Founders of India’s News Outlet NDTV Resign After Billionaire’s Takeover of Company
Chairperson of Indian conglomerate Adani Group, Gautam Adani, speaks at the World Congress of Accountants in Mumbai on Nov. 19, 2022. Indranil Mukherjee/AFP via Getty Images
Aldgra Fredly
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The founders of New Delhi Television Ltd. (NDTV) have resigned from the board of the promoter group vehicle, which owns a major stake in the Indian news network, as Adani Group’s takeover of the company draws to a close.

NDTV announced Tuesday that its promoter group vehicle, RRPR Holding Private Ltd., has approved the resignations of Prannoy Roy and Radhika Roy—the husband and wife who founded the news outlet in 1988.

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