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Newslaundry
Newslaundry
National
NL Team

Adani Group to acquire minority stake in Quintillion Business Media Private Limited

Quint Adani Group Adani India

Quint Digital Media Limited announced on Tuesday that the Adani Group will acquire a minority stake in Quintillion Business Media Private Limited, or QBM, an indirect subsidiary of Quint Digital. QBM is a “business and financial news company” that operates Bloomberg Quint in India.

In a press release, Quint Digital said the transaction with the Adani Group is “only for QBM” and not for other digital properties owned by Quint Digital, such as the Quint, Quintype Technologies, the News Minute and Youth Ki Awaaz.

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