The government of India through its press note dated 4 December 2008, has decided to allow the publication of Indian editions of foreign magazines and periodicals in the news and current affairs category, by Indian entities. The publication can be made with or without foreign investment. Foreign investors are permitted to invest up to 26% in these publications.
Magazines which qualify include those that contain news content or comments on public news, which are published on a non-daily basis. The title of the magazine should be verified and subsequently registered with the Indian entities/publishers from the Registrar of Newspapers for India (RNI) under the Press and Registration of Books Act, 1867, and according to the procedure outlined below.
Basic conditions for a licence
(a) The entity/publisher should be a company incorporated under the Indian Companies Act, 1956.
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Manoj K Singh is the managing partner and Daizy Chawla is a partner at Singh & Associates, Advocates and Solicitors, a law firm based in New Delhi.
N-30 Malviya Nagar
New Delhi 110017
India
Tel: +91 11 2668 0927, 2668 7993
Fax: +91 11 2668 2883
Website: www.singhassociates.in
