BBC World India to rejig shareholding, seeks time till end of FY24 to ensure compliance with FDI norm
BBC World Service India disclosed that it had received a letter from the ministry of information and broadcasting dated March 31, for alleged non-compliance with FDI norms. The company said it has sought time until March 31, 2024, for compliance, and communicated its restructuring proposals to the ministry.
Source: indiatimes.com