Tuesday, December 24, 2019

DPIIT to soon issue clarification on 26 per cent FDI in digital media sector

There are mainly two issues -- how the FDI policy of the sector would treat news aggregators and what would happen to those digital media companies where overseas investment is over 26 per cent -- that need clarification. On these matters, the department is expected to issue clarification soon, a source said.

from Economic Times https://ift.tt/367aPac

No comments:

Post a Comment

S&P 500, Nasdaq end higher on Amazon-OpenAI deal; Fed path forward grows murky

Artificial intelligence deals propelled the S&P 500 and Nasdaq higher on Monday, with Amazon's $38 billion agreement with OpenAI and...