News Govt once again defers FIPB proposals of INX Music, India Value Fund

Deepu

EntMnt Legend
Finest Member
The government has once again deferred the foreign direct investment (FDI) proposal of INX Music for launching a non-news and current affairs channel. It has also kept in abeyance India Value Fund IV’s application for investment in Atria Convergence Technologies. The Foreign Investment Promotion Board (FIPB) has deferred both the proposals. As per INX Music’s proposal, 9X Media’s Marathi music channel 9X Jhakaas was to be transferred to INX Music, which already owns and operates Punjabi music channel 9X Tashan.

Read more at: http://www.televisionpost.com/television/govt-once-again-defers-fipb-proposals-of-inx-music-india-value-fund/ | TelevisionPost.com
 
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