Tuesday, January 11, 2011

India Set to Raise Bar on Foreign Investment in FM Radio

NEW DELHI— India's minister for information and broadcasting, Ambika Soni, said Monday that her ministry has accepted the broadcast regulator's proposal to increase the foreign direct investment limit in FM radio to 26% from the current 20%.

Read the full story here :

http://online.wsj.com/article/SB10001424052748703779704576073231561871172.html

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