Television

GoM meeting fails to address increasing FDI cap in DTH

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2015/10/21/Untitled-1_8.jpg?itok=Fnx5V73f

NEW DELHI: At a time when the Economic Survey has said that India continues to lag behind other Asian developing countries like China, Hong Kong, Singapore and Thailand in terms of FDI and share in global trade, a group of Indian ministers (GoM) that met here failed to take up the issue of increasing the FDI cap in a direct to home (DTH) television venture, as had been suggested by a government panel earlier.



The GoM, however, according to government sources, has recommended that FDI ceiling in telecom and civil aviation sectors be increased, respectively, to 74 and 49 per cent. At present, in the telecom sector FDI is capped at 49 per cent. The GoM, according to sources, also took up certain aspects of FDI in the print medium. However, the details of this was not available.



The cabinet for a final view would now take up these recommendations of the GoM, amongst others. The GoM comprises, includes the ministers of finance, home affairs and defence and commerce & industry. The broadcasting industry was expecting some reprieve in the form of increase in the FDI cap in a DTH venture that has been capped at 20 per cent. Former information and broadcasting minister Sushma Swaraj was staunchly against any review of the existing DTH guidelines.



DTH is one sector that has the capability of attracting fairly sized foreign investment if the FDI is cap slightly liberalised as a typical DTH venture needs investment between $ 400-500 million. However, a certain section of the industry and the government was against any move to liberalise the DTH segment as it would have gone against the common minimum programme of the present coalition government that had stated it would keep the foreign holding in electronic medium capped at 20 per cent, including DTH.



A report card on the economic health of the country, was tabled in Parliament yesterday. The Economic Survey said that FDI inflows of ten select Asian developing countries in 2001 showed that India's FDI inflows accounted for a mere 0.5 per cent share of world total against an impressive 6.4 per cent for China, 3.1 per cent for Hong Kong and 1.2 per cent for Singapore. Based on data compiled by the World Investment Report, 2002 and the International Financial Statistics, 2003, though India's share in world exports has improved from 0.67 per cent to 0.7 per cent in 2001, it ranked ninth among the ten countries followed only by Sri Lanka.



In absolute terms, India garnered FDI worth a mere $3.4 billion in 2001 compared to a whopping $46.8 billion by China, $22.8 billion by Hong Kong, $8.6 billion by Singapore and $3.8 billion by Thailand. The survey, however, sought to underplay the difference between India and China stating that "it appears that the gap between these two estimates may be exaggerated owing to technical issues in measurement".

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/17/greengold.jpg?itok=nKMJWQ6p
Green Gold’s Golden Mumbai launch

MUMBAI: Green Gold Animation is all set to hit the green running with its new offshoot Golden Robot. The Rajiv Chilaka-run animation outfit has been wowing everyone with its deals for animation series with both Netflix and Amazon Prime.  But the occasion this time was the celebration of the launch...

Television Production House Film Production
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/16/Gujarat_elections.jpg?itok=_UNo5uA8
Gujarat elections boost news channel ratings as Republic continues to lead English News

BENGALURU: Rahul Gandhi’s shenanigans and Narendra Modi’s sudden and unexpected belligerence at rallies leading up to the Gujarat state assembly elections have resulted in bolstering sagging news viewership, especially for the English news genre. According to Broadcast Audience Research Council of...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/15/sunny-leoae.jpg?itok=3SZqrF40
Sunny Leone in Discovery JEET’s show Man Vs Wild

Sunny Leone will be displaying her adventurous side as host of the mega-popular survival series Man Vs. Wild. The iconic series will telecast in Hindi on the soon-to-be-launched GEC Discovery JEET. The new GEC will premiere in the second week of February 2018 and the series will feature the...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/15/sm.jpg?itok=gUhILkq8
Times Now appoints Sujeet Mishra as marketing head

Times Network, part of India’s media conglomerate, The Times Group today announced the appointment of Sujeet Mishra as head of marketing, Times Now.

Television TV Channels People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/15/sony-bbc_1.jpg?itok=mQuiQxIO
Experience space with BBC's new VR experience

The BBC is giving you a chance fly. Home - A VR Spacewalk is an interactive virtual reality (VR) experience launched today for the HTC Vive and the Oculus Rift, and is available to download for free via the Steam Store and the Oculus Store.

Television TV Channels Factual & Documentary
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/15/bbc_0.jpg?itok=jTEnctw5
Sony BBC Earth presents the Best of 2017

Sony BBC Earth revisits some of its most popular episodes of the best shows in a special programming line-up titled Best of 2017 starting 18 December 2017, every night at 7 pm and 11 pm.

Television TV Channels Factual & Documentary
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/15/shemaroo.jpg?itok=JLK5kQw2
Increased revenue from traditional media boosts Shemaroo numbers

Integrated media content house Shemaroo Entertainment Limited (Shemaroo) reported 18.3 percent higher year-on-year (y-o-y) consolidated total revenue for the quarter ended 30 September 2017 (Q2 FY 2017-18, the quarter under review) stood at Rs 1,345.7 million as compared with Rs 1,138.6 million in...

Television Production House Film Production
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/15/mur.jpg?itok=Hql64_2L
21st CF spins-off into new live news & sports co Fox

MUMBAI: After the blockbuster acquisition of 21st Century Fox by The Walt Disney Company, the former has announced that it will spinoff into a new brand Fox’ that will seek to replicate its own success in the newly focussed verticals of live news and sports brands. Using fiscal 2017 as a base, the...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/15/uday_0.jpg?itok=t8VAurqw
With Star India, Disney emerges as India's largest M&E firm

MUMBAI: Unlike the US, where the merger of The Walt Disney Co and 21st Century Fox’s entertainment assets is between two near equals, the scenario in India is totally different. 21st Century Fox’s India venture Star India is a $1.7 billion dollar media and entertainment behemoth while Disney India...

Television TV Channels People

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories