Government announces increased FDI limit on news to 49% & DTH and cable services to 100%
The Government today increased the FDI limit (foreign direct investment) for news and current affair channels, DTH and Cable Operators. The government announced that foreign investment will be relaxed in 15 sectors . While 100% FDI has been allowed in DTH and Cable Networks (MSOs and LCOs), the foreign investment in the uplinking of news and current affairs TV channels has been raised to 49% from 26% earlier