Date-wise News

FDI limit on non-news publications goes

Article Image

The Government on Wednesday removed the cap on foreign investment in non-news publications. The existing investment limit, allowing a maximum of 74 per cent foreign equity in Indian entities publishing scientific/technical/specialty magazines/periodicals and journals, has been scrapped and up to 100 per cent foreign equity has been permitted.

e4m Desk Jun 2, 2005 7:22 AM