IndiaTomorrow.net,
New Delhi, Sep 22: Many consider NDTV as the only or one of very few ‘speaking’ TV channels these days for its bold coverage of public issues and strong criticism of the establishment. But it appears this voice too is going to be ‘silenced’ forever. As per The Indian Express, Ajay Singh, co-founder and owner of SpiceJet airline who was part of the BJP’s 2014 poll campaign, is set to buy majority stake in NDTV.
According to the report, Ajay Singh will get 40 per cent share along with editorial rights while promoters of the channel Prannoy Roy and his wife Radhika Roy will have 20 per cent stake. Public shareholding in the company stands at around 40 per cent. The deal is said to be valued at around Rs 600 crore.
Once OSD of former BJP leader and Cabinet minister Pramod Mahajan, Singh had coined the most famous slogan of Modi’s 2014 Lok Sabha election campaign – Ab Ki Baar Modi Sarkar.
While SpiceJet has rubbished the report about NDTV takeover, the channel officials did not respond to the query from the English daily.
Couple of months back, CBI had conducted raids at the NDTV promoters for alleged tax evasion. However, the channel had termed the raids as attack on free press.
