Adani to buy remaining 51 per cent stake in BQ-publisher Quintillion Business Media

News Network
August 15, 2023

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Billionaire Gautam Adani's group will acquire the remaining 51 per cent stake in Quintillion Business Media Pvt Ltd to take full control of the Raghav Bahl-curated digital business news platform.

Adani Enterprises Ltd, the ports-to-energy conglomerate's flagship firm, in a stock exchange filing, said the board of its subsidiary AMG Media Networks Ltd 'has approved to enter into a binding memorandum of undertaking (MoU) with Quintillion Media Ltd for the acquisition of remaining 51 per cent stake' in the firm which operates the business and financial news digital media platform BQ Prime.

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 Ltd (QBML) for Rs 47.84 crore.

BQ Prime was earlier known as Bloomberg Quint, a former joint venture between US-based financial news agency Bloomberg Media and Bahl's Quintillion Media. Bloomberg exited that agreement in March last year.

'QBML will become a wholly-owned subsidiary of AMNL' after the acquisition, it said without disclosing the financial details of the deal.

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 2022, AMG Media entered into a shareholders' agreement with Quintillion Media Ltd (QML) for the acquisition of QBML.

In September 2021, AMG Media Networks appointed veteran journalist Sanjay Pugalia to lead Adani Media Ventures, its media-focused company.

'The MoU records the terms of agreement and inter-se rights and obligations and other connected matters in respect of the acquisition of remaining 51 per cent equity shares of QBML by AMNL from QML,' the latest filing said. 

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Media Release
February 28,2025

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ಫೆಬ್ರವರಿ 22 ನೇ ಶನಿವಾರ ಸಂಜೆ ದುಬೈ ಡೌನ್ ಟೌನ್ ನ ಪಂಚತಾರಾ ಹೋಟೆಲ್ ಪುಲ್ಲ್'ಮನ್ ನಲ್ಲಿ ಅಲ್ ಮಿರಾತ್ ರಿಯಲ್ ಎಸ್ಟೇಟ್ಸ್ 2025 ರ ವಾರ್ಷಿಕೋತ್ಸವವನ್ನು ವಿಜೃಂಭಣೆಯಿಂದ ಆಚರಿಸಿತು.

ಮುಖ್ಯ ಅತಿಥಿಯಾಗಿ ಮಾನ್ಯ ಅಬ್ದುಲ್ಲ ಅಹಮದ್ ಶಿಝಾವಿ (Chairman of Total Building Contracting) ಯವರು ಭಾಗವಹಿಸಿ ಕಾರ್ಯಕ್ರಮಕ್ಕೆ ಮೆರುಗು ನೀಡಿದರು. ಸಭೆಯನ್ನು ಉದ್ದೇಶಿಸಿ ಮಾತನಾಡಿದ ಅವರು ದುಬೈ ರಿಯಲ್ ಎಸ್ಟೇಟ್ ಕ್ಷೇತ್ರದಲ್ಲಿ ಮಿರಾತ್ ನ ಕೊಡುಗೆ ಪ್ರಶಂಶನೀಯ, ಸಂಸ್ಥೆಯು ಈ ಮಟ್ಟಕ್ಕೆ ಸಾಧನೆಗೈಯಲು ಮಾಲಕರ ಅನುಭವೀಯ ಮಾರ್ಗದರ್ಶನ ಹಾಗೂ ಉದ್ಯೋಗಿಗಳ ಟೀಂ ವರ್ಕ್ ಮೂಲ ಕಾರಣ ಎಂದರು. ಮುಂದಿನ ವರ್ಷಗಳಲ್ಲಿ ದುಬೈ ರಿಯಲ್ ಎಸ್ಟೇಟ್ ಕ್ಷೇತ್ರದಲ್ಲಿ ಮಿರಾತ್ ಉತ್ತಮ ಪ್ರಗತಿಯನ್ನು ಸಾಧಿಸಲಿ ಎಂದು ಶುಭ ಹಾರೈಸಿದರು.

ಕಾರ್ಯಕ್ರಮದಲ್ಲಿ ಅಬ್ದುಲ್ ರಹಿಮಾನ್ ರನ್ನು 2024 ರ BEST PERFORMER,  ಅಹಮದ್ ಕಬೀರ್ ರನ್ನು RISING STAR, ಅಶ್ರಫ್ ಅಹಮ್ಮದ್ ರನ್ನು EMPLOYEE OF THE YEAR ಹಾಗೂ ಮೊಹಮ್ಮದ್ ರಿಝ್ವಾನ್ ರನ್ನು OUTSTANDING FEEDBACK ಪ್ರಶಸ್ತಿಗಳನ್ನು ನೀಡಿ ಗೌರವಿಸಲಾಯಿತು.

ಮಿರಾತ್ ರಿಯಲ್ ಎಸ್ಟೇಟ್ ನ ಚೇರ್ಮನ್ ಶ್ರೀ ಸಾದಿಕ್ ಅಲಿ ಯವರು ಮಾತನಾಡಿ ರಿಯಲ್ ಎಸ್ಟೇಟ್ ನ ಹೂಡಿಕೆಗೆ ದುಬೈ ಅತ್ಯುತ್ತಮ ಮಾರುಕಟ್ಟೆಯಾಗಿದೆ. 2024 ರಲ್ಲಿನ ಆಸ್ತಿ ಖರೀದಿದಾರರಲ್ಲಿ 51% ಭಾರತೀಯರು ಮಾತ್ರವಲ್ಲ ಆ ವರ್ಷ 760 ಬಿಲಿಯನ್ ದಿರಾಮ್ ನ ದಾಖಲೆಯ ಪ್ರಾಪರ್ಟಿ ವಹಿವಾಟು ನಡೆದಿದೆ ಎಂಬ ಮಾಹಿತಿಯನ್ನು ನೀಡಿದರು. ನಮ್ಮ ಸಂಸ್ಥೆಯು ಉತ್ತಮ ಹಾಗೂ ಗುಣಮಟ್ಟದ ಸೇವೆಗೆ ಗ್ರಾಹಕರ ಪ್ರಶಂಸೆಗೆ ಪಾತ್ರವಾಗಿದೆ.

ಕಾರ್ಯಕ್ರಮದಲ್ಲಿ ಅತಿಥಿಗಳಾಗಿ ಮಾನ್ಯ ಮೊಹಮ್ಮದ್ ಅಬ್ದುಲ್ರಹೀಮ್ ಮೊಹಮ್ಮದ್ ಎ ಅಲಹಮ್ಮದ್, ಮಾನ್ಯ ಯಾಸರ್ ಅಬ್ದುಲ್ಲ ಅಬ್ದುಲ್ ಖಾದರ್ ರವರು ಭಾಗವಹಿಸಿದ್ದರು.

ಅಬ್ದುಲ್ಲಾ ಹಮ್ದಾನ್ ಸಂಸ್ಥೆಯ ವಾರ್ಷಿಕ ವರಧಿಯನ್ನು ಮಂಡಿಸಿದರು, ಅತಿಥಿಗಳ ಸ್ವಾಗತ ಹಾಗೂ ಧನ್ಯವಾದವನ್ನು ರಿಧಾನ್ ರಶೀದ್ ನೆರವೇರಿಸಿದರು. ರಿಝ್ವಾನ್ ಕಾರ್ಯಕೃಮ ನಿರೂಪಿಸಿದರು.

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Media Release
March 14,2025

Thiruvananthapuram/Kochi: Tushar Gandhi, the great-grandson of Mahatma Gandhi, on Friday said that he will neither retract his recent statements against the RSS and BJP nor will he apologise for them, while the two saffron outfits demanded that he be arrested for his remarks.

Gandhi, during the recent unveiling of a statue of the late Gandhian P Gopinathan Nair at Neyyattinkara in Thiruvananthapuram, had referred to the BJP and RSS as "dangerous and insidious enemies" who have entered Kerala.

He had also termed the RSS as "poison", following which BJP-RSS workers shouted slogans and blocked his car.

On Friday, speaking at an event in Aluva near Kochi, Gandhi said that once he said "those things", he does not believe in retracting them or apologising for them.

"What this incident has done is strengthen my resolve to continue to expose the traitors. This is a fight which is even more essential than the freedom fight. We have a common enemy now, the Sangh. They must be exposed," he said.

He also said that he was worried that "the descendants of my great grandfather's murderers" will go to Mahatma Gandhi's statue and fire bullets at it "as they are habituated to do".

The BJP hit back at him by saying that he is just someone who was "by default" born as a descendant of Mahatma Gandhi and has been trying to "monetise" his great grandfather's name.

Former Union Minister of State and BJP leader V Muraleedharan alleged that Tushar Gandhi has been for several years trying to "monetise" Mahatma Gandhi's name.

Muraleedharan, speaking at a BJP protest against Tushar Gandhi at Neyyattinkara, further said that those who invited him for the statue unveiling probably were not aware of his background.

He further said that just because Tushar has the Gandhi name, it does not entitle him to the same respect or honour reserved for the Father of the Nation.

He demanded that Tushar Gandhi be arrested for his statements based on the BJP's complaint.

The BJP leader also criticised the Pinarayi Vijayan government for arresting five RSS-BJP workers a day ago for raising slogans against Mahatma Gandhi's grandson.

A case was registered against the five people under Sections 189(2), 191(2), 190, and 126(2) of the Bharatiya Nyaya Sanhita (BNS) on charges of unlawful assembly, rioting, and wrongful restraint.

According to the police, a small group of people, allegedly linked to the Sangh Parivar, raised slogans against Tushar Gandhi at the end of a function he attended at Neyyattinkara on Wednesday evening.

Vijayan had strongly condemned the alleged "Sangh Parivar attack" on Tushar Gandhi, stating that actions that suppress freedom of expression cannot be allowed in a democratic society.

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Agencies
March 5,2025

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Bengaluru: Actor Ranya Rao, stepdaughter of a senior IPS officer, was just moments away from clearing airport security at Bengaluru’s Kempegowda International Airport when the Directorate of Revenue Intelligence (DRI) swooped in. What followed was a dramatic bust—gold bars worth ₹12 crore, allegedly being smuggled, were recovered from her and her accomplices.

The 33-year-old actress, who debuted in the 2014 Kannada film Maanikya, had landed in Bengaluru on Monday aboard an Emirates flight from Dubai. According to officials, she was accompanied by two individuals carrying the smuggled gold in briefcases. They had nearly cleared security and were about to exit when DRI officers, acting on specific intelligence, intercepted them and launched a search.

Gold Concealed on Person

A thorough examination led to the discovery of 14.2 kg of gold ingeniously hidden on her person. "The contraband, valued at ₹12.56 crore, was seized under the provisions of the Customs Act, 1962," the DRI stated.

More Gold, Cash Found at Her Home

The investigation didn’t stop at the airport. Authorities then searched Ranya Rao’s residence on Lavelle Road, Bengaluru, where she lives with her husband. There, they uncovered additional gold jewelry worth ₹2.06 crore and Indian currency amounting to ₹2.67 crore, bringing the total seizure in the case to ₹17.29 crore.

"The lady passenger has been placed under arrest under the relevant provisions of the Customs Act, 1962, and remanded to judicial custody. This marks a significant blow to organized gold smuggling networks," the DRI statement added.

Frequent Gulf Trips Raised Suspicion

According to reports, Ranya Rao had been making frequent, short trips to Gulf countries, which eventually put her under the DRI’s radar.

Ranya is the stepdaughter of a senior IPS officer. Her stepfather remarried after his first wife’s death, and Ranya is one of two daughters from her mother’s previous marriage.

With a 14.2 kg gold seizure, this is one of the biggest smuggling busts at Bengaluru airport in recent times, reinforcing the DRI’s crackdown on illicit gold trade.

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