"Indian government will now allow foreign funding to purchase shares in listed domestic newspaper companies.
The government also said that it will allow foreign groups to print limited versions of their newspapers within India.
Through its decision the Indian government will ease foreign investment in the country’s newspaper industry, but to ensure local ownership foreign companies will be restricted to the maximum of a 26 % stake in newspapers.
A leading Indian media executive said this decision may lead to the government opening up other news outlets to foreign investment."
See also on FT.com (only with Subscription)
India to lift foreign newspapers printing ban