News, FDI for FM radio soon

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Breaking out of its current infotainment groove, FM radio may enter the 
news era in a big way by the year-end, revolutionising radio news 
broadcasting in the country. FM is also poised to be thrown open for 
foreign funding, most likely up to 26 per cent, on par with other media in 
the FDI policy. These are among the recommendations of the Amit Mitra 
Committee being seriously considered by the government. They would mark a 
radical departure from what has been experienced so far since the FM medium 
began over a decade ago, I&B ministry sources say. 

Source:
http://timesofindia.indiatimes.com/cms.dll/html/uncomp/articleshow?
msid=249171