• This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn more.

India Plans To Up Foreign Investment Cap In TV Distribution Firms

Raja

Dream Shine
Joined
Feb 9, 2011
Messages
465
Likes
284
#1
-India's information and broadcasting ministry is looking to increase the foreign investment limit in satellite television distribution companies to help them meet the spending required to digitize their networks, according to a ministry document.

The country currently limits foreign investment in satellite TV distribution companies at 49%. The ministry's strategy document for 2011-2017, posted on its website, didn't mention the proposed limit.


http://online.wsj.com