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Trai suggests more FDI
Indian Telecom and broadcast regulator Trai has recommended liberalisation of foreign direct investment (FDI) in broadcast sectors like TV, radio, cable and direct to home (DTH). According to the recommendations, FDI cap in TV news channels and FM radio should be increased to 49 per cent of the licensee company from the existing 26 per cent and 20 per cent respectively.
The regulator has also suggested that the FDI cap in DTH and cable networks be raised to 74 per cent from the existing 49 per cent. |
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