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Friday, July 01, 2005
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GOVERNMENT

POLICY

FM radio policy allows switch to revenue share — FDI permitted but cap remains at 20 pc
THE Indian airwaves are set to witness action with the Government opening up 330 new FM frequencies to the private sector. Giving the much needed booster shot to the bleeding industry, the Cabinet today approved a new FM radio policy that does ... More

Daewoo assets sale: CCEA okays ratio of sharing proceeds
IN a development that will pave the way for the sell-off of the assets of the erstwhile Daewoo Motors India Ltd, the Cabinet Committee on Economic Affairs (CCEA) today approved the ratio in which proceeds from the sale of the assets will be ... More

Industry welcomes new FM radio policy
THE new FM radio policy announced by the Government on Thursday seems to have gone down well with the industry. Reacting to the new policy, Mr Abraham Thomas, COO, Red FM (part of Living Media Group), said, "We are very excited with the ... More

Cabinet extends purchase preference policy for CPSEs
THE Cabinet on Thursday decided to extend the Purchase Preference Policy for Central public sector enterprises (CPSEs) for three years up to March 2008 after which it would be terminated. The Purchase Preference Policy gives preference to CPSE ... More

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