Media

The Adani Group has completed the acquisition of Indo-Asian News Service (IANS), formalizing its entry into India’s news and information services sector. The takeover marks a strategic diversification for the conglomerate, expanding its footprint beyond infrastructure, energy, and logistics into media and content distribution. Industry observers view the move as part of a broader effort to strengthen the group’s presence in information ecosystems that shape public discourse and business intelligence.

Sun TV Network Ltd., one of India’s leading television broadcasters, posted a 5.4% drop in consolidated net profit for the first quarter of FY25, totaling Rs. 529.21 crore compared with Rs. 559.62 crore a year earlier. Despite revenue growth driven by advertising and subscription income, rising operational expenses weighed on the company’s bottom line. The broadcaster also reported steady digital growth and continued investments in content creation.