https://www.taxtmi.com/circulars?id=11830 Policy raises foreign investment caps for specified broadcasting carriage services, distinguishing an automatic route for investment up to a lower threshold and a Government route for investment beyond that threshold up to the revised cap. The definition of foreign investment includes FDI and other foreign instruments (FIIs, NRIs, FCCBs, ADRs, GDRs, convertible preference shares). Companies with foreign investment must satisfy national security and personnel conditions-majority Indian directors, Indian residency for key executives, mandatory security clearances and prior Ministry permission for key appointments and board changes-and comply with monitoring, interception, data localization and inspection obligations set by the Ministry of Information & Broadcasting. en-us Thu, 20 Sep 2012 00:00:00 +0530 Fri, 21 Sep 2012 10:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11830 Policy raises foreign investment caps for specified broadcasting carriage services, distinguishing an automatic route for investment up to a lower threshold and a Government route for investment beyond that threshold up to the revised cap. The definition of foreign investment includes FDI and other foreign instruments (FIIs, NRIs, FCCBs, ADRs, GDRs, convertible preference shares). Companies with foreign investment must satisfy national security and personnel conditions-majority Indian directors, Indian residency for key executives, mandatory security clearances and prior Ministry permission for key appointments and board changes-and comply with monitoring, interception, data localization and inspection obligations set by the Ministry of Information & Broadcasting. Circulars FEMA Thu, 20 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11830