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indiantelevision.com's : Breaking News


CII debate on FDI in print on 26 August in Delhi

Indiantelevision.com Team

(24 August 2002 1:05 pm)

NEW DELHI: The recent government decision to allow 26 per cent FDI in news publications and up to 74 per cent in non-news media publications reversed the half a century old ban on foreign investment in the Print Media.

Even as the government is in the process of finalising the guidelines, a section of the industry feels that this step would enable the Indian print industry to access increased funds in the form of foreign equity while the other section is apprehensive about the process of giving access to the foreign institutions to the print medium.

To facilitate discussion on "Living with FDI in print media", CII is organising a roundtable at 10:30 am, on 26 August at CII Headquarters in New Delhi.

The Roundtable will be addressed by Dileep Padgaonkar, executive managing editor, The Times of India (not in favour of FDI in print medium); TN Ninan, editor, Business Standard and Chandan Mitra, editor, The Pioneer (both pro-FDI).




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