New Delhi Television (NDTV) has received an approval for dilution of stake in Fifth Gear Ventures (FGVL). Post the completion of the transaction, FGVL will cease to be the subsidiary of the Company and consequently NDTV Group will cease to exercise control over FGVL. The members of the company on September 21, 2017 have approved the same.
NDTV operates as a television media company in India and internationally. Its channels offer news and current affairs, lifestyle, entertainment, and youth programs, as well as family and realty shows, chat shows, and period dramas.
