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News Of NDTV’s Control Going To SpiceJet Is Making Twitterati Happy As Hell

Published on 22 September, 2017 at 6:58 pm By

A particular piece of news doing the rounds in the morning today shook the world of business and journalism. According to the Indian Express, Ajay Singh, chairman and managing director for SpiceJet, is set to take control of NDTV. It has been reported that the channel is set to change hands while founders Prannoy Roy and Radhika Roy, along with the promoter firm RRPR Holding Pvt Ltd, are facing a CBI probe for concealing a share transaction.


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The IE article said that the founders will be reduced to minority shareholders with just 20 percent shares, while SpiceJet co-founder Ajay Singh will hold 40 percent shares.

 

A first generation entrepreneur – Ajay Singh

But by afternoon the news came under the scanner. “Not even a single sentence of these reports is true,” a senior NDTV official said.

It has been an eventful and hard time for NDTV. Recently, on June 5, the CBI had conducted raids at the house of the NDTV founders. Venkaiah Naidu, when he was the Information and Broadcasting Minister, had imposed a one-day ban on NDTV for their coverage of the Pathankot terror attack. The channel has often been criticized by “nationalists” for its stance.

So while the reports of NDTV are still uncertain, the Twitterati is happy as hell to acknowledge NDTV’s control going to SpiceJet, which is evident from this chain of euphoric tweets:

 

Some NDTV loyalists had a different take:

 


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Having coined BJP’s 2014 campaign slogan “Ab ki bar Modi Sarkaar,” Ajay Singh had actively taken part in the campaigning for BJP. He took over SpiceJet in January 2015.

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