Business Standard

Panel to look into news channel management

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Bipin Chandran New Delhi
 The inter-ministerial group on foreign direct investment (FDI) in the broadcasting sector will consider a proposal that an Indian should be the dominant partner in a news venture.

 According to the proposal, Indian shareholding in a news broadcasting company should not be dispersed and the single largest Indian shareholder must hold more than 26 per cent in the company to ensure that management control remains with an Indian.

 

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First Published: Jul 19 2003 | 12:00 AM IST

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