Important FDI hiked in news channels, cable and DTH

[Technoglitch]

What does this means ? Someone simplify this.

the rest 51% is subject to govt approval.

 

[IndianMascot]

Ok. So, so 49% company can sell by themselves and if government approves then remaining 51%. Right ?

 

[IndianMascot]

OK. This one clarifies our doubt

Also, you are wrong if you were thinking that after the grand declaration of 100% FDI in the DTH services business, Tata Sky would be renamed Sky or some such as the Murdoch company would jump at the opportunity to increase its stake in the joint venture. The current cross media holding restrictions prevent any such designs by the foreign partner as a broadcaster cannot hold more than 20% stake in DTH operations. And Murdoch has Star India—an entertainment television network in the country.

 

[Technoglitch]

Also, you are wrong if you were thinking that after the grand declaration of 100% FDI in the DTH services business, Tata Sky would be renamed Sky or some such as the Murdoch company would jump at the opportunity to increase its stake in the joint venture. The current cross media holding restrictions prevent any such designs by the foreign partner as a broadcaster cannot hold more than 20% stake in DTH operations. And Murdoch has Star India—an entertainment television network in the country.

The ABC of higher FDI in media - Livemint

 

[aumnamonarayan]

What say now DMajor bro? This article is brand new. Where is ur policy change article?

 

[IndianMascot]

The current cross media holding restrictions prevent any such designs by the foreign partner as a broadcaster cannot hold more than 20% stake in DTH operations.

aumnamonarayan , if the above is correct why is it this ?

Tata Group holds 60% stake in Tata Sky along with Rupert Murdoch's 21st Century Fox owning around 30% stake. PE firm Temasek, through its arm Bay Tree Investments and Tata Opportunities Fund (TOF) holds the residual stake in the company.

Tata Sky in talks with private equity firms to raise up to Rs 1,800 crore post shelving plans for IPO - timesofindia-economictimes

 

[aumnamonarayan]

Already answered bro. Read the financial times express i have posted

 

[DashMajor]

What say now DMajor bro? This article is brand new. Where is ur policy change article?

Cross Media Restriction is the answer.

Now tell me whether STAR INDIA having stakes in any Cable Network or not like DEN Network, I guess Asianet is own by the actual owner.

 

[IndianMascot]

Already answered bro. Read the financial times express i have posted

Figures are not matching. Your article says 20% and mine says 30%

 

[Technoglitch]

Figures are not matching. Your article says 20% and mine says 30%

10℅ was increased in 2010 after govt okayed the deal. An exception for TS