Don’t miss the latest developments in business and finance.

Nod For Foreign Equity In Ndtv Channel

Image
Our Corporate Bureau BUSINESS STANDARD
Last Updated : Jan 28 2013 | 1:21 AM IST

The Union Information and Broadcasting Minister Sushma Swaraj, today said the government had approved the proposal of New Delhi Television Ltd (NDTV) to start a 24-hour news channel with a foreign equity component of 16.47 per cent, while the application of Star News Broadcasting is still under process.

Swaraj told Rajya Sabha that while NDTV's proposal was cleared in June2002, Star's proposal for starting a 24-hour news channel, also to be uplinked from the country, was still under process.

This is the second project by Star TV that is awaiting government approval, the first being the direct-to-home (DTH) operation in the country.

More From This Section

The government is yet to clear the proposal to start the direct-to-home operation that was submitted in April this year.

Also Read

First Published: Dec 10 2002 | 12:00 AM IST

Next Story