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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ISRO successfully conducts second integrated air drop test for Gaganyaan mission
New Delhi (PTI): Space agency ISRO has successfully conducted the second integrated air drop test (IADT-02) for the upcoming Gaganyaan mission at the space station in Andhra Pradesh's Sriharikota.
The system is essential to ensure a safe recovery of the crew module -- the capsule in which astronauts sit during a human flight -- during re-entry and landing.
Union minister Jitendra Singh congratulated the Indian Space Research Organisation (ISRO) for successfully conducting the test.
"Congratulations #ISRO for the successful accomplishment of Second Integrated Air Drop Test (IADT-02) for #Gaganyaan, India's first Human Space flight scheduled next year. The second Integrated Air Drop Test (IADT-02) was successfully conducted at Satish Dhawan Space Station Sriharikota," Singh said in a post on X.
The IADT-02 follows the successful completion of the first IADT, which took place on August 24, 2025, at the Satish Dhawan Space Centre in Sriharikota.
Air drop tests recreate the last leg of a spacecraft's return to Earth. An aircraft or helicopter drops the spacecraft from a height to test various systems under different scenarios.
These are the deployment of the parachute system in case the mission is aborted mid-flight, system performance when one parachute fails to open and the spacecraft's orientation and safety during splashdown etc.
In the IADT-02 test, a simulated crew module, weighing about 5.7 tonnes, was lifted by an Indian Air Force Chinook helicopter to an altitude of about three kilometres and released over a designated drop zone in the sea, near the Sriharikota coast.
In a statement, the ISRO said, "Ten parachutes of four types were deployed in a precise sequence during the descent of the crew module, gradually reducing the velocity for safe touchdown. Subsequently, the simulated crew module was successfully recovered in coordination with the Indian Navy."
