The announcement by the Congress-led UPA government to allow foreign direct investment (FDI) in retail has resulted in two Delhi newspapers—the Hindustan Times (left) and Mail Today—claiming credit on their pages for breaking the story first. The former on August 19 and the latter on September 11, 2012. Image: courtesy Hindustan Times, Mail Today
Tag Archives: FDI
India opens another door for FDI in papers, mags
Eighteen years after the liberalisation process began in India, and just months before the general elections, the Congress-led government has decided to allow 100 per cent foreign direct investment in facsimile editions of foreign newspapers. Simultaneously, 26% FDI has been allowed in Indian editions of foreign magazines. The following is the full text of the…
IJR 