Quint Business Media Limited (QBML) was set up as a step-down subsidiary of the Indian media group founded by Raghav Bahl, Quintillion Digital Limited (QDL), in 2015. In 2016, QBML partnered with Bloomberg LP to create BloombergQuint. However, Bloomberg withdrew from the venture in 2022 and QDL reacquired the American media company's stakes in early 2023 through its subsidiary, Quintillion Media. The Adani Group's takeover of QBML progressed into two parts, with a 49 percent acquisition on March 27, 2023, followed by the remaining 51 percent shares being acquired in December 2023. QBML, also known as BQPrime or NDTV Profit, is now a wholly Adani Media Group entity with no overlap with QDL and its subsidiaries.
Ownership of Quint Business Media Limited (QBML) from 2015 to 2023
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Website (The Quint). (August 12, 2024). Ownership of Quint Business Media Limited (QBML) from 2015 to 2023 [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1546117/quint-business-media-limited-owners-and-acquirers/
Website (The Quint). "Ownership of Quint Business Media Limited (QBML) from 2015 to 2023." Chart. August 12, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1546117/quint-business-media-limited-owners-and-acquirers/
Website (The Quint). (2024). Ownership of Quint Business Media Limited (QBML) from 2015 to 2023. Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1546117/quint-business-media-limited-owners-and-acquirers/
Website (The Quint). "Ownership of Quint Business Media Limited (Qbml) from 2015 to 2023." Statista, Statista Inc., 12 Aug 2024, https://www.statista.com/statistics/1546117/quint-business-media-limited-owners-and-acquirers/
Website (The Quint), Ownership of Quint Business Media Limited (QBML) from 2015 to 2023 Statista, https://www.statista.com/statistics/1546117/quint-business-media-limited-owners-and-acquirers/ (last visited December 19, 2024)
Ownership of Quint Business Media Limited (QBML) from 2015 to 2023 [Graph], Website (The Quint), August 12, 2024. [Online]. Available: https://www.statista.com/statistics/1546117/quint-business-media-limited-owners-and-acquirers/