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Ministry to Star: no foreign stake in content firm

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Bipin Chandran New Delhi
Last Updated : Feb 06 2013 | 8:46 PM IST
 A 1956 Cabinet resolution prevents foreign holding in news agencies and says news agencies should be owned and controlled by Indians.

 As MCCS also wishes to provide content to other news channels, the government thinks it is all the more reason to qualify the company as a news agency and it should be brought under the purview of the 1956 Cabinet resolution.

 

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First Published: Jul 22 2003 | 12:00 AM IST

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