Regulators
Report on Shemaroo

Steps taken to allow level-playing field in FDI for all MSOs and LCOs, rules tightened on ownership

https://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/regulators-images/2015/11/25/Tv%20News.jpg?itok=Qnhby7RM

MUMBAI: In a major step to create a level-playing field, cable operators or multi-system operators who are not undertaking upgradation of networks towards digitalization and addressability will also be entitled to 100 per cent foreign direct investment.

However as in other cases where it has increased the FDI to 100 per cent, entry beyond 49 per cent will be through the government route.

There is also a change in the policy with regard to uplinking and downlinking of channels. The investment will be 49 per cent through the government route with regard to uplink of news and current affairs channels but uplinking of non-news and current affairs channels (GECs) will be 100 per cent through the automatic route. Downlinking of TV channels is also 100 per cent through the automatic route.

The investment for terrestrial FM radio continues to be 49 per cent through the automatic route, subject to such terms and conditions specified from time to time by the Information and Broadcasting Ministry for grant of permission for setting up of FM Radio stations.

These changes have come after a re-assessment of the relaxations allowed in fifteen sectors including broadcasting on 10 November.

It was also clarified that in the I and sector where the sectoral cap is up to 49%, the company would need to be'owned and controlled' by resident Indian citizens and Indian companies, which are owned and controlled by resident Indian citizens.

The Department of Industrial Policy and Promotion of the Commerce Ministry said for this purpose, the equity held bythe largest Indian shareholder would have to be at least 51% of the total equity, excluding the equity held by Public Sector Banks and Public Financial Institutions, as defined in Section 4A of the Companies Act 1956 or Section 2 (72) of the Companies Act 2013, as the case may be.

The term 'largest Indian shareholder' will include any or a combination of individual shareholders, or a relative of the shareholder within the meaning of Section 2 (77) of Companies Act 2013; and a company/group of companies in which the individual shareholder/HUF to which he belongs has management and controlling interest; in the case of an Indian company, a group of Indian companies under the same management and ownership control.

For the purpose of this Clause, "Indian company" will be a company which must have a resident Indian or a relativeas defined under Section 2 (77) of Companies Act 2013/ HUF, either singly or in combination holding at least 51%of the shares.

This is subject to the provision that in case of a combination of all or any of the entities will have entered into alegally binding agreement to act as a single unit in managing the matters of the applicant company.

Latest Reads

https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/06/17/pras.jpg?itok=hLqhmelc
Tussle between Centre and Twitter intensifies

The conflict between Twitter and the Indian government gets even murkier as the microblogging site has “failed to comply” with new IT rules. According to multiple reports, Twitter has lost its legal protection as an intermediary over non-compliance with the rules.

Regulators I&B Ministry
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/06/14/trai.jpg?itok=Iy1cbOGe
V Raghunandan roped in as new TRAI secretary

New Delhi: The Telecom Regulatory Authority of India (TRAI) on Monday announced the appointment of V Raghunandan as the new secretary of the regulatory body. Raghunandan was working as a deputy director general at the Department of Telecommunications (DoT). The decision comes after the current TRAI...

Regulators TRAI
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/06/14/hopetv.jpg?itok=1z1Vq7XU
I&B ministry prohibits Hope TV’s broadcast for a month

The ministry of information and broadcasting has directed all multiple system operators (MSOs) and local cable operators (LCOs)  not to broadcast Hope TV, a Christian lifestyle channel for 30 days.

Regulators I&B Ministry
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/06/12/mm.jpg?itok=ZSRPc_VI
No exemption for mainstream media from new IT rules, says MIB

The ministry of information and broadcasting has refused to grant an exemption to the digital news content of mainstream television channels and print media from the ambit of the new IT Rules, 2021 and asked all the digital news publishers and the OTT platforms to comply with the new rules without...

Regulators I&B Ministry
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/06/12/mib.jpg?itok=nLnpTVVB
MIB appoints former journalist Kanchan Gupta as senior adviser

The union ministry of information and broadcasting has appointed former journalist Kanchan Gupta as a senior advisor for a period of one year.

Regulators I&B Ministry
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/06/12/nbf.jpg?itok=JFOHdJ9B
NBF members comply with new IT rules

The News Broadcasters Federation has stated that all its current members duly complied with requirements of the 25 Feb issued Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 ("IT Rules, 2021") by providing required information of their entities.

Regulators TRAI
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/06/11/trai.jpg?itok=NW2u5O1b
TRAI introduces new regulations for technical compliance of CAS & SMS

In a bid to put an end to content piracy in the pay TV ecosystem, the Telecom Regulatory Authority of India (TRAI) on Friday amended the interconnection regulations 2017, incorporating a framework for technical compliance of CAS & SMS.

Regulators TRAI
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/06/10/photogrid_plus_1623331305244.jpg?itok=yryqSAaC
Justice Sikri to chair grievance redressal board for digital publishers under IAMAI

KOLKATA: The Internet and Mobile Association of India (IAMAI) announced on Thursday that former Supreme Court Justice Arjan Kumar Sikri will chair the Grievance Redressal Board (GRB), formed as a part of the Digital Publisher Content Grievances Council (DPCGC). 

Regulators People
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/06/08/tw.jpg?itok=-I2DKvb5
Making all efforts to comply with new IT media guidelines, says Twitter

US tech giant Twitter on Monday said that it has assured the government that it is making every effort to comply with the new IT media guidelines. The microblogging site said it has already shared an overview of the progress with the government.

Regulators I&B Ministry

Sign up for our Newsletter

subscribe for latest stories

* indicates required