Govt allows up to 74% FDI in teleports, mobile TV

Mumbai: The cabinet on Friday cleared foreign direct investment (FDI) up to 74 per cent in broadcast and carriage services including uplinking teleports, mobile TV and head-end in the sky.
 
FDI up to 49 per cent will be under the automatic route and for stake above 49 per cent and up to 74 per cent, FIPB approval would be required.