Foreign Investment Allowed In Digital Media With 26 Per Cent Cap | Read

PUBLISHED ON: August 29, 2019 | Duration: 3 min, 00 sec

facebooktwitteremailkoo
loading..
The Centre approved 26 per cent overseas investment in digital media as part of a relaxing of Foreign Direct Investment norms across four sectors. The present FDI policy is silent on the fast-growing digital media segment. Currently, 26 per cent Foreign Direct Investment is allowed in the print media with government approval. The corresponding figure in broadcasting is 49 per cent.
ALSO WATCH
In IPO-Bound LIC, Cabinet Clears Up To 20% Foreign Investment: Sources

................................ Advertisement ................................

................................ Advertisement ................................

Listen to the latest songs, only on JioSaavn.com