Indian billionaire makes hostile bid for high-profile NDTV news channel
CNN
Asia's richest man has launched a hostile bid to take over an influential broadcaster in India and gain a firmer footing in the country's vibrant media space.
AMG Media Networks, a unit of billionaire Gautam Adani's conglomerate, said in a statement late on Tuesday that it has acquired a 29% stake in New Delhi Television (NDTV) by buying one of the network's major shareholders for an undisclosed amount.
It has also set in motion an offer to NDTV shareholders to buy another 26% stake in the broadcaster for $61.77 million, according to filings by the Adani Group to the Mumbai stock exchange.
An Israeli airstrike on a multi-story building in northern Gaza killed at least 27 people, relief officials said, as the Israeli military issued new evacuation orders in the area – where it is mounting a major offensive.
If his first term in the White House is any indication, President-elect Donald Trump is likely to keep the Middle East high on his agenda.
Rights groups say journalist Reza Valizadeh has been detained, amid heightened tensions between the United States and Iran.
A female student stripped to her underwear outside her university in Iran in what some student and rights groups say was a protest against the country’s strict Islamic dress code.
Israel is at a “high level of readiness” for a response from Iran, an Israeli military source told CNN, as US officials visited the Middle East for a renewed push to resolve the conflicts in Gaza and Lebanon. Follow live updates.