Top Story


Home >> Media - Radio >> Article

Govt notifies 20 pc FDI in FM radio biz

Font Size   16
Govt notifies 20 pc FDI in FM radio biz

The Government today notified that foreign investment, including foreign direct investment, non-resident Indians (NRI) and persons of Indian origin (PIO) investments and portfolio investments will be allowed up to 20 per cent equity in FM radio business.

Till now, foreign investment up to 20 per cent was permitted in radio under the Portfolio Investment Schemes under Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 while FDI was not permitted.

But with the Government announcing Phase II expansion of FM radio broadcasting services, these changes have been initiated.


Vijay Mansukhani, speaks to exchange4media about the resurgence of Onida, the scope of growth of consumer electronics market in India and the reasons why Indian consumer electronics brands don’t compete on a global scale

Projjol Banerjea opens up about hiring Anne Macdonald and GroupM's Rob Norman, and the brand's new identity

Meera Iyer tells exchange4media that in FY 2016/17, bigbasket clocked a revenue of Rs 1,400 crore. The online supermarket currently stands at 70,000 orders a day, with operations in 25 cities.

CMO, Kashyap Vadapalli on the start-up’s marketing play, why it has decided to stay away from IPL and response to its furniture rental apps

In terms of affiliates, India ranks on the top. Spurred by the fast growth of mobile users and hence internet users, there are millions of websites, apps, WAP-sites and blogs using affiliate marketing...

Insecurity in the workplace due to the idea of AI encroaching on your job, or being sidelined at work because of your small town background? Sandeep Goyal has the right answers to help you deal with w...

As National Sales Head at, Ashish aims to bring on board a maximum number of advertising partners and consolidate the network’s position as a leader in the space.