Adani Enterprises Ltd.

Adani Enterprises’ wholly owned subsidiary -- AMG Media Networks’ (AMG Media) board of directors has approved to enter into a binding memorandum of undertaking (MoU) with Quintillion Media for the acquisition of remaining 51 per cent stake in Quintillion Business Media. Quintillion was Adani's first bet in the Indian news industry before taking about 65 per cent stake in broadcaster NDTV in December last year. AMG Media had previously bought a 49 per cent stake in Quintillion Business Media for Rs 47.84 crore.

Adani Enterprises (AEL) is the flagship company of Adani Group, one of India’s largest business organisations.