Foreign investment in print media: FDI and portfolio investment allowed subject to composite ceiling and compliance with applicable guidelines. Foreign investment in the print media sector is permitted as FDI and portfolio investment within a composite ownership ceiling of 26 per cent of paid up capital, lifting prior prohibitions on FIIs, NRIs and FVCIs; Indian companies accepting such investment must comply with the applicable July 2005 guidelines and the regulatory amendment under FEMA (Fifth Amendment, 2005).
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Provisions expressly mentioned in the judgment/order text.
Foreign investment in print media: FDI and portfolio investment allowed subject to composite ceiling and compliance with applicable guidelines.
Foreign investment in the print media sector is permitted as FDI and portfolio investment within a composite ownership ceiling of 26 per cent of paid up capital, lifting prior prohibitions on FIIs, NRIs and FVCIs; Indian companies accepting such investment must comply with the applicable July 2005 guidelines and the regulatory amendment under FEMA (Fifth Amendment, 2005).
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