FDI hiked in news channels, cable and DTH

FDI hiked in news channels, cable and DTH
 
MUMBAI: The Narendra Modi-led National Democratic Alliance (NDA) government has increased the ceiling on foreign direct investment (FDI) in the media sector as part of its big-bang reform exercise to attract more investment into the country.
 
The government has allowed increased FDI limit in the uplinking of news and current affairs TV channels to 49 per cent, up from the earlier 26 per cent.

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