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No FDI hike in TV news channels: Soni
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NEW DELHI: Information and Broadcasting Minister Ambika Soni indicated today that the government was unlikely to permit increase in foreign investment in TV news channels as recommended by the Telecom Regulatory Authority of India.

Soni was answering questions in Parliament about increasing the limits in foreign direct investment (FDI) in news and current affairs TV channels from the present 26 per cent to 49 per cent.

Soni said: “We are sensitive about it, we do not want too much of foreign investment in print, electronic media or radio.”

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