Digital Media News

The acquisition was for ₹48 crore, according to a stock exchange filing by Adani Enterprises

Experts say the introduction of a 26% FDI cap in the segment will only lead to over-regulation

Last year, the Union Cabinet had approved 26% FDI in digital media

The government suggests that web-based digital media should be regulated Calling it parallel media, the Centre says web portals use spectrum or radio airwaves and internet which are public property

Advertising on digital platforms is expected to grow 5-15% over the next year, says the report by EY

The draft Registration of Press and Periodicals Bill, 2019, seeks to replace the Press and Registration of Books (PRB) Act, 1867, that governs the print and publishing industry in the country It’s not clear whether the Bill applies only to web versions of print publications or to digital-only news sites as well

The Union Cabinet last month cleared a raft of changes in FDI regulations 'The changes in FDI policy will result in making India a more attractive destination,' said the cabinet statement

Fundraising plans, capital structure may have to be altered to be in line with the law The firms and their investors expect the govt to clarify and provide details on the announcement

The government announced that it would permit up to 26% FDI under the 'government route' in digital media companies that upload or stream news or current affairs

As India goes through one of the worst economic slow-down in last 70 years – coupled with slowdown in consumption, liquidity crisis in financial markets, dip in FDI and an environment of deep mis-trust – Government, in a bid to attract capital and restart the investment cycle, has rolled out a series of reforms and course corrections. Mint's Associate Editor Shrija Agrawal speaks to two legal experts – Moin Ladha, Partner Khaitan and Co., and Nishant Singh, Partner IndusLaw, to understand the implications of these decisions on the stakeholders and wider eco-system.