Adani Group takes complete hold of IANS news agency
New Delhi: Adani Group, chaired by billionaire Gautam Adani, has completely taken hold of news agency IANS after purchasing the remaining 24 per cent stake, according to a stock exchange disclosure made on Friday. Though the financial terms were not revealed, it is known that the transaction was carried out through AMG Media Networks Limited, the media wing of Adani Enterprises.
Following the transaction, IANS India Private Limited has become a wholly owned step-down subsidiary of Adani Enterprises. The company said, “AMNL has executed a Share Purchase Agreement on January 21, 2026, to acquire the balance stake in IANS. Upon completion of the transaction, IANS shall become a wholly owned step-down subsidiary of the company.”
The Adani Group first entered with a majority stake of IANS in December 2023 with the acquisition of a 50.5 per cent stake. This was followed by a further increase in ownership in January 2024, when AMG Media Networks raised its holding to 76 per cent of the voting shares and nearly all of the non-voting shares. The latest transaction concludes the takeover through the purchase of the remaining shares.
Before this acquisition, AMG Media Networks held 76 per cent of Category I shares carrying voting rights and more than 99 per cent of Category II shares without voting rights. The company said the current deal covers the remaining 24 per cent of Category I shares and 0.74 per cent of Category II shares.
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Cristiano Ronaldo scores his 100th Saudi Pro League goal
Riyadh (AP): Cristiano Ronaldo scored his 100th Saudi Pro League goal as Al-Nassr beat Al-Shabab 4-2 to move five points clear at the top of the table.
The 41-year-old forward converted a Sadio Mané cross at the near post with 15 minutes remaining to record the 971st goal of his career on Thursday. It was also his 26th league goal of the season.
“Ronaldo is always dangerous going forward and we saw that again today,” Al-Nassr coach Jorge Jesus said.
João Félix, signed from Chelsea in July, scored three goals for the league leaders.
The win took Al-Nassr to 82 points from 32 games, five ahead of Al-Hilal, which has three matches, one more than Nassr, left to play. Al-Hilal meets Al-Kholood on Friday and faces Nassr on Tuesday in what could be a title decider against its Riyadh rival.
“Now we have a derby match against our rival, which is a difficult encounter,” Jesus said.
“We are fully aware of its importance, and we are dealing with it with complete focus as we know that small details could decide the result.”
Ronaldo, a five-time Ballon d'Or winner, has yet to secure a major trophy in Saudi Arabia since signing with Al-Nassr in December 2022.
