I&B Ministry
Nod to Idea, Star Den & four may fetch Rs 1200 cr FDI; You & Crest proposals deferred
MUMBAI: Inter-ministerial body Foreign Investment Promotion Board has okayed six investment proposals, including Idea Cellular and Star Den Media Services expecting an investment of Rs 1,200 crore (USD 176.5 million).
Idea Cellular Infrastructure Services (ICISL) had filed an application to raise foreign investment level in it to 67.5 per cent. ICISL is a wholly-owned subsidiary of Idea, which has become a foreign-owned firm with more than 50 per cent overseas investment. Star Den Media Services Pvt. Ltd. develops and distributes television, cable, and the related network platforms. It offers a platform for distributing television channels in India through all fixed networks including cable, direct to home, and internet protocol television.
Other proposals which got a go-ahead are — Sanofi Synthelabo India, Boehringer Ingelheim India, A Menarini India Pvt Ltd and Recipharm Participation. The FIPB, led by the economic affairs secretary Shaktikanta Das, rejected three proposals, including AMP Solar India Pvt Ltd. and six proposals were deferred for further consultation and want of more information.
Among the proposals deferred were You Broadband India, Crest Premedia Solutions and Scientific Publishing Services.
Indiantelevision.com had earlier reported that the board will consider 17 foreign investment proposals on 28 December, including that of Star Den Media.
FIPB had in June this year rejected a proposal of Flag Telecom Singapore, a wholly-owned unit of Reliance Communications (RCom), to set up a telecom subsidiary in India. Flag Telecom reportedly planned to acquire a company, payout for which would have been around US$120 million — in two parts.
India allows FDI in some of the industry sectors via the automatic route, but, in certain segments that are considered sensitive for the economy and security, the proposals need to be cleared by FIPB first. FIPB had earlier met on 26 September to consider foreign investment proposals, including that of Idea Cellular.
The Indian government has taken a series of measures in the recent past to give a fillip to foreign direct investment. In the first half of the current fiscal year, the inflows were USD 21.62 billion. FDI increased by 29 per cent to USD 40 billion in 2015-16 as compared to the previous fiscal.
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Star Den, Flag Telecom, You & Idea FDI meet on 28 Dec
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I&B Ministry
Press Sewa Portal digitises 1.5 lakh records, streamlines periodical registrations: MIB
Online system spans 780 districts; Rs 5.6 crore penalties, 88,315 titles cancelled
NEW DELHI: India’s print media registry has quietly moved from dusty files to digital dashboards. The government has digitised more than 1.5 lakh historical records of newspapers and periodicals and shifted registrations fully online through the Press Sewa Portal.
Introduced under the Press and Registration of Periodicals (PRP) Act, 2023, the portal now handles all applications for registering periodicals, replacing the earlier paper-heavy system created under the Press and Registration of Books Act, 1867, which has since been repealed.
The digital shift brings a wide range of services onto a single platform. Publishers can now register new periodicals, revise registrations, transfer ownership, file annual statements, pay penalties online and apply for circulation verification without navigating government offices.
As part of the rollout, specified authorities in 780 districts across India have been onboarded onto the platform. Since 1 March 2024, the portal has processed 11,081 applications and issued certificates across different categories.
The transition has also brought stronger compliance. According to government data, Rs 5.63 crore in penalties has been collected through the portal so far. States such as Maharashtra, Karnataka, Tamil Nadu, Uttar Pradesh and Madhya Pradesh account for some of the largest penalty collections.
At the same time, the authorities have carried out a major clean-up of inactive or non-compliant publications. A total of 88,315 periodicals have been cancelled nationwide, with Maharashtra, Uttar Pradesh and Delhi among the states reporting the highest number of cancellations.
The government says the system will continue to evolve based on feedback from users. The Press Registrar General of India (PRGI) regularly reviews suggestions to improve services and make compliance easier for publishers.
The full list of registered newspapers and periodicals is available on the PRGI website under the Registered Titles section.
The information was shared in a written reply in the Lok Sabha by minister of state for information and broadcasting and parliamentary affairs L Murugan, responding to a question from Damodar Agrawal.
