The Adani Group has completed the full acquisition of Indo-Asian News Service (IANS) after purchasing the remaining 24 per cent stake, making the news agency a wholly owned subsidiary of the conglomerate’s media arm.
The transaction was carried out through AMG Media Networks Ltd (AMNL), a subsidiary of Adani Enterprises Ltd, on January 21, 2026. While the group confirmed the completion of the takeover through regulatory disclosures, the financial details of the deal were not made public. With this move, IANS India Private Limited has become a step-down subsidiary of Adani Enterprises.
Adani’s association with IANS began in December 2023, when AMG Media Networks acquired a 50.50 per cent controlling stake, marking the group’s entry into the news agency space. In January 2024, AMNL further increased its holding to 76 per cent of voting shares, along with an overwhelming majority of non-voting shares. The latest acquisition involved the purchase of the entire remaining shareholding, completing the full takeover.
Founded in 1986, IANS is among India’s well-established news agencies, providing content to print, television and digital media platforms across the country. It offers news and features in multiple languages and serves a broad client base that includes newspapers, television channels, websites and mobile platforms.
The full acquisition of IANS fits into the Adani Group’s larger strategy to expand its presence in the media and information sector, a diversification drive that began in 2022. AMG Media Networks was set up as the group’s dedicated media investment arm to build a strong footprint across news, digital publishing and broadcasting.
Over the past few years, the Adani Group has steadily expanded its media portfolio. It acquired a controlling stake in NDTV, invested in Quintillion Business Media, which operates the business news platform BQ Prime, and strengthened its digital and broadcast capabilities. The complete ownership of IANS adds a traditional newswire to this portfolio, giving the group access to a key source of syndicated news content.
Industry observers say that owning a news agency such as IANS allows the group to strengthen its position across the content creation and distribution ecosystem, complementing its existing media assets while reinforcing its long-term diversification plans.
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