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Gautam Adani acquires 49% in Quintillion Business Media for Rs 48 crore

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Billionaire Gautam Adani’s AMG Media Networks has acquired about a 49 per cent stake in Raghav Bahl-curated digital business news platform Quintillion Business Media Pvt Ltd for about Rs 48 crore.

In a stock exchange filing, Adani Enterprises Ltd said its subsidiary AMG Media Networks Ltd has completed the acquisition which was originally announced in May last year.

The transaction was completed on March 27 for “Rs 47.84 crore”, it said.

Quintillion Business Media runs the news platform Bloomberg Quint, now called BQ Prime.

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Adani group had set up AMG Media Networks for its foray into businesses of “publishing, advertising, broadcasting, distribution of content over different types of media networks”.

In May last year, it had signed a shareholders’ agreement with Quintillion Media Ltd (QML) and QBML.

In September 2021, it hired veteran journalist Sanjay Pugalia to lead its media company Adani Media Ventures.

 

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Lawmakers pan Ben Gvir for ‘unforgivable’ tweet on alleged Israeli strike on Iran – The Times of Israel

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Italian FM says Israel gave US ‘last minute’ warning about drone attack on Iran

CAPRI, Italy (AP) — The United States told the Group of Seven foreign ministers that it received “last minute” information from Israel about a drone action in Iran early this morning, Italy’s foreign minister says.

Italian Foreign Minister Antonio Tajani, who chaired the meeting of ministers of industrialized countries, says the United States provided the information at session this morning that was changed at the last minute to address the suspected attack.

Tajani says the US informed the G7 ministers that it had been “informed at the last minute” by Israel about the drones. “But there was no sharing of the attack by the US. It was a mere information.”

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Early Friday, Iran fired air defenses at a major air base and a nuclear site near the central city of Isfahan after spotting drones, part of an apparent Israeli attack in retaliation for Tehran’s unprecedented drone-and-missile assault on the country last weekend.

In a communique following the three-day meeting, the ministers urged the parties “to prevent further escalation.”

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DJT Stock Rises. Trump Media CEO Alleges Potential Market Manipulation. – Barron's

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DJT Stock Rises. Trump Media CEO Alleges Potential Market Manipulation.  Barron’s

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DJT Stock Rises. Trump Media CEO Alleges Potential Market Manipulation. – Barron's

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[unable to retrieve full-text content]

DJT Stock Rises. Trump Media CEO Alleges Potential Market Manipulation.  Barron’s

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