The development comes close on the heels of the Adani group taking control of NDTV (New Delhi Television) with a near 65 per cent stake. Prannoy and Radhika Roy, who were founders-promoters of NDTV, last month sold most of their stake, retaining a minority five per cent shareholding in the company. They had also stepped down from the board of NDTV last month.
"The company is in the process of putting up a new leadership team which will set a fresh strategic direction and goals," NDTV said.
Separately, some media reports said that Sanjay Pugalia, who is on the board of NDTV, had written to employees, while announcing the senior-level exits, saying that the Adani Group was committed to transitioning the company into a new-age, global digital media organisation.
His views, said experts, echo what billionaire Gautam Adani, who is the chairman of the Adani group, had said in a recent interview to the Financial Times. He had said that he wanted to build a global news brand out of India.
"Why can’t you support one media house to become independent and have a global footprint? India does not have one single [outlet] to compare to Financial Times or Al Jazeera," Adani said in the interview dated November 25.
Among the high-profile exits at NDTV in the recent past include that of Ravish Kumar, who was senior executive editor at NDTV India, the Hindi channel of the news broadcaster.
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