Parliament has passed the new Electricity Act, 2003 which consolidates and replaces a number of earlier legislations in respect of electricity.

Recently after laying down the necessary framework for uplinking by Indian channels, the Ministry of Information and Broadcasting (MIB) has further notified new, stricter guidelines for downlinking by foreign channels with a view of gaining control over the content being broadcasted from satellite TV channels uplinked outside India.

Recently after laying down the necessary framework for uplinking by Indian channels, the Ministry of Information and Broadcasting (MIB) has further notified new, stricter guidelines for downlinking by foreign channels with a view of gaining control over the content being broadcasted from satellite TV channels uplinked outside India.

In the year 2000, by the introduction of Section 605 A of the Companies Act, 1956, the first step to give foreign companies access to raise capital via the Indian stock market was taken. The second step was taken in 2004 when the Indian Depository Receipt rules were framed. Finally SEBI has taken the third step on April 3rd 2006, in the back drop of the Indian stock exchanges boom, by the introduction of Chapter VIA in the Disclosure and Investor Protection Guidelines, by framing the eligibili

In pursuance of the country’s liberalization policy, the GOI notified a hike in FDI in the telecom sector up to 74% from the earlier upper limit of 49%.