SpiceJet owner Ajay Singh to take control of NDTV

SpiceJet owner Ajay Singh to take control of NDTV

Srinagar: Ajay Singh, co-founder and owner of SpiceJet who was part of the BJP’s 2014 poll campaign, is all set to take control of NDTV along with editorial rights, The Indian Express reported on Friday.
The founders of NDTV, Prannoy Roy, Radhika Roy and promoter firm RRPR Holding Pvt Ltd are facing a CBI probe for allegedly concealing a share transaction.
According to the report, Ajay Singh, chairman and managing director for SpiceJet, will have controlling stake in NDTV of around 40 per cent and the promoters Prannoy Roy and Radhika Roy will hold around 20 per cent in the company.
However, quoting a SpiceJet official, the report said “it’s absolutely false and baseless.”

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