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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Belagavi: Married man jumps into Malaprabha river with lover
Belagavi: A married young man allegedly died by suicide after jumping into the Malaprabha river along with his lover on Wednesday morning under the jurisdiction of the Ramadurga police station. The incident is said to have occurred after his family opposed his second marriage.
The deceased have been identified as Jagadish Yallappa Kavalekar (27) and Gangamma Pavadeppa Tyapi (26), both residents of Mallapur village in the taluk.
According to police, Jagadish’s wife had gone to her parental home in Bochabal village for her first delivery. Dur ing this period, discussions regarding Jagadish’s second marriage reportedly arose within the family.
When family members insisted that the issue be addressed only after his wife returned, opposition intensified, leading to tension at home.
Following the disagreement, Jagadish and Gangamma left their homes on Monday. Their bodies were found in the Malaprabha river on Wednesday morning. Upon receiving information, the Ramadurga police rushed to the spot and retrieved the bodies from the river. Police said the bodies were found embracing each other.
A case has been registered at the Ramadurga police station, and further investigation is underway.
(Assistance for overcoming suicidal thoughts is available on the state’s health helpline 104, Tele-MANAS 14416.)
