• Welcome to DreamDTH Forums
    An online community for the television enthusiasts!
    Log in or Register

Govt to take up Dish TV, Walt Disney proposals seeking FIPB nod

Status
Not open for further replies.

Bapun Raz

Staff member
Administrator
Joined
3 Nov 2010
Messages
30,864
Reaction score
49,757
NEW DELHI: The Government is scheduled to take up proposals of Dish TV and the Walt Disney Company India seeking permission from the Foreign Investment Promotion Board (FIPB) next week. The proposal by Dish TV is understood to be the
transfer of shares from one company to another within the promoter holding group and would not entail any foreign direct investment. Meanwhile, the Walt Disney Company India’s proposal is among the eight proposals in the Information and Broadcasting sector. Other proposals pending before FIPB, headed by Department of Economic Affairs Secretary R Gopalan, include those by Vodafone Essar, Cordia International Corp, USA; and Essar Capital Holdings (India), Mumbai. The Board is expected to meet next week to examine the proposals and send their recommendations to Finance Minister Pranab Mukherjee. In its last meeting, FIPB had cleared 16 FDI proposals amounting to Rs 9.24 billion, including that of Star News Broadcasting Ltd...


http://indiantelevision.com/headlines/y2k11/june/june216.php
 
Status
Not open for further replies.
Top Bottom
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock