May 2024
Intermediate to advanced
470 pages
28h 9m
English
Content preview from Business Environment by Pearson
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96 | Business Environment
k. FDI up to 100 per cent allowed with prior government approval for uplinking non-news
TV channels.
l. FDI up to 26 per cent allowed in uplinking news and current a airs TV channels.
2. Procedural Simplifi cation
a. FDI is permissible under the automatic route wherever the sectoral policy so speci es,
except where the foreign investor has an existing joint venture or technology/trademark
agreement in the same eld. In such cases, prior approval of the government is required
for FDI, irrespective of the sectoral policy permitting FDI on the automatic route (refer to
Press Note 1 [2005]).
b. Transfer of sha ...
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