Foreign investment caps in print media set with government approval for facsimile newspaper editions and foreign magazine editions. Policy permits foreign investment in facsimile editions of foreign newspapers with prior government approval and up to full ownership only when the investor is the owner of the original newspaper and the publisher is an Indian incorporated entity; such activity must comply with Ministry of Information & Broadcasting guidelines. Indian editions of foreign magazines dealing with news and current affairs may receive restricted foreign investment, including investment by NRIs/PIOs/FIIs, subject to prior government approval, the specified definition of 'magazine,' and the Ministry's guidelines for such publications.
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Provisions expressly mentioned in the judgment/order text.
Foreign investment caps in print media set with government approval for facsimile newspaper editions and foreign magazine editions.
Policy permits foreign investment in facsimile editions of foreign newspapers with prior government approval and up to full ownership only when the investor is the owner of the original newspaper and the publisher is an Indian incorporated entity; such activity must comply with Ministry of Information & Broadcasting guidelines. Indian editions of foreign magazines dealing with news and current affairs may receive restricted foreign investment, including investment by NRIs/PIOs/FIIs, subject to prior government approval, the specified definition of "magazine," and the Ministry's guidelines for such publications.
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