FTdeal to boost overseas investment in Indian print media
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icernet-admin at listserv.cddc.vt.edu
Tue Sep 23 18:15:05 EDT 2003
A host of Indian print media companies are expected to explore possibility
of attracting foreign investments in the days ahead, enthused by the
Financial Times' move to enter into a deal with a local business daily.
Analysts say the Financial Times' investment in Business Standard marks the
first major foreign investment in an Indian daily by a strategic investor
after New Delhi liberalised the investment norms in the domestic print
media last year.
Source:
http://www.keralanext.com/news/index.asp?id=16004
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