Two weeks back, the Union Cabinet approved 26 percent foreign direct investment (FDI) in digital media platforms. This was previously applicable only to the print media in the country. However, the government is yet to issue an official FDI notification on the issue, which has created a lot of confusion and uncertainty, especially for media portals which have already seen inflow of foreign equity, reports Rituparna Bhuyan.
NSE
First Published:Sept 10, 2019 8:44 PM IST