TMT News Update India’s Print Media Policy

That the Foreign Direct Investment (“FDI”) ceiling of 26% may be retained, but investments by Non-Resident Indians (“NRIs”) / Overseas Corporate Bodies (“OCBs”) / Person of Indian Origin (“PIOs”) and portfolio investments by recognized Foreign Institutional Investors (“FIIs”) may be included in the FDI limits for the news and current affairs segment.

India’s-Print-Media-Policy-–-June-2005

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